Articles

Obama to sign homebuyer, jobless assistance bill

President Barack Obama is set to sign a $24-billion economic stimulus bill providing tax incentives to prospective homebuyers
and extending unemployment benefits to the longtime jobless who have been left behind as the economy veers toward recovery.

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New jobless claims rise more than expected

The number of newly laid-off workers filing claims for jobless benefits rose more than expected last week, as employers remain
reluctant to hire even as the economy shows signs of recovery.

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Federal workers dodging layoffs

One of the best places to have waited out this recession was in federal government. Federal workers have pretty much gotten
a bye on pink slips at a time private sector employees have taken it on the chin.

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U.S. jobless rate reaches 9.8 percent in September

The unemployment rate rose to 9.8 percent in September, the highest since June 1983, as employers cut far more jobs than expected.
The report is evidence that the worst recession since the 1930s is still inflicting widespread pain.

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Jobless claims, home sales drop unexpectedly

The number of newly laid-off workers seeking unemployment benefits fell for the third straight week, evidence that layoffs
are continuing to ease in the earliest stages of an economic recovery.

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MAURER: Here’s some off-the-wall advice for unemployed

As an old-timer, I am honored when asked for business advice. Because so much of the labor force has been idled,
recent inquiries have come from Hoosiers with resumes in hand. I am afraid my usual advice isn’t working, so I have
some new ideas—new opportunities to investigate in the face of this job crisis.

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New jobless claims drop unexpectedly

The number of newly laid-off workers seeking unemployment benefits fell last week to the lowest level since early July, possible
evidence that job cuts are slowing.

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National jobless rate hits 26-year high

The unemployment rate jumped almost a half-point, to 9.7 percent, in August, the highest since 1983, reflecting a poor job
market that will make it hard for the economy to begin a sustained recovery.

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