August Jobs Report

By admin, August 27, 2007 6:20 pm

august jobs report

On September 4, Labor Secretary Hilda L. Solis issued August 2009 Location Employment report, which said that last August, the economy lost 216,000 jobs, less than most experts expected. Now, the overall rate Unemployment is 9.7 percent.

Since this administration took office, the economy had been losing 700,000 jobs half each month, as job losses last month is an improvement, but remains in no way acceptable, "said Hilda L. Solis," These numbers are a sobering reminder that our economic conditions continue to cause pain for many Americans and that families are having a difficult time, simply covering their daily needs, let alone planning for the future. "

A major Department of Labor objectives is to help people who have lost their jobs until a full recovery, including sustained growth of employment. It has taken some steps to protect workers, such as expanding the number of weeks available for unemployment insurance, increasing the amount of monthly benefit of $ 25 additional a week, strengthening social safety net by subsidizing 65 percent of COBRA premiums and providing new training opportunities for workers so that unemployment is easier to access health insurance.

At the same time, the Recovery Act has also provided much help to the States and has stimulated work on draft shovel ready. September 3 marked the milestone of 200-days of the Recovery Act, and Vice President Biden announced that all 10 agencies met or exceeded its commitments in our roadmap to recovery.

Hilda L. Solis also mentioned that "we still have a long way to go before we can say that the economy is back on track and everyone has access to a good job, but I'm sure that we will achieve that goal. And I will ensure that the Labor Department is expected, workers support every step of the way. "

About the Author:

Labor law posters for your business’s compliance needs. PosterSolution.com provides a wide range of required state labor law posters, ” target=”_blank”>www.postersolution.com/safety-poster-highlights.html”> safety posters , federal labor law posters, and combination labor law posters. Get professional compliance posters and service from Postersolution.

Article Source: ArticlesBase.comEmployment Numbers of Last August

Heritage’s James Sherk on August 2008 Jobs Report



Leave a Reply

Panorama Theme by Themocracy