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    Free Trade Proposals Solutions to Tech Sector Job Losses

    The House Rules Committee advanced three proposals Wednesday that may help curb a growing problem for the nation’s economy: stagnant job growth in the technology sector. The three pending free trade agreements with Columbia, Panama and Korea are up for full House approval next week. Senate Republican Minority Leader Mitch … More

    Washington in a Flash: Unemployment at 9.1%, Employers Add 117,000 Jobs

    The Bureau of Labor Statistics reported this morning that employers added 117,000 jobs in July, up from June’s dismal 18,000 but still below the number needed to keep pace with population growth. The unemployment rate also fell 0.1 percent to 9.1 percent. Get complete analysis from Heritage’s Rea Hederman and … More

    GDP Is Up, But Government Unions Ate Your Raise

    Figures released today by the Bureau of Labor Statistics provide less encouragement than today’s GDP report. Total compensation increased by only 1.5 percent in 2009 (without adjusting for inflation) – the lowest increase on record. If a turnaround has begun, workers are not feeling it in their wallets. However, this … More

    Slow Job Creation, Not Job Losses, Driving Unemployment

    Unemployment has risen above 10 percent and no one in Washington seems to understand what is going on. Yesterday, a little noticed release from the Bureau of Labor Statistics (BLS) shed important light onto the job situation. The BLS’s Business Employment Dynamics (BED) program uses unemployment insurance (UI) records to … More

    Morning Bell: The Obama Jobs Gap Grows Again

    Another month, another 263,000 jobs lost under the Obama administration. According to Bureau of Labor and Statistics data released this morning, the United States economy has lost 3.6 million net jobs since President Barack Obama was sworn into office and the unemployment rate has risen from 7.6 % to 9.8%. … More

    Morning Bell: The Obama Jobs Gap

    Last Friday, the Bureau of Labor Statistics released its monthly job report showing that the economy lost 345,000 jobs in May. This brings the total number of jobs lost in the first full three months since the economic stimulus package was passed to 1.5 million jobs. Countering these inconvenient truths, … More