TPMDC Megan Carpentier
Unemployment
Unemployment Rate Remains Stuck At 9.6% As Benefits Set To Expire
An unemployed man.
The Labor Department released unemployment statistics this morning for the month of October, eliciting cheers from some quarters over the fact that private sector payrolls added 150,000 jobs and beat market expectations. But the unemployment rate remained stuck at 9.6 percent -- and a closer look at the numbers indicate that key sectors impacted by the economic downturn haven't seen the improvement many had hoped for.
And, in a sign that unemployed and semi-employed Americans are getting discouraged again, the labor force participation rate edged down in October, as did the number of Americans employed part-time for economic reasons. The number of people only marginally attached to the labor market -- those who have looked for work in the past year but not in the past month -- increased by 200,000. Furthermore, the number of long-term unemployed -- those who have spent more than 27 weeks without a job -- increased from 6.12 million to 6.2 million over the past month.
PERMALINK | COMMENTS | RECOMMEND RECOMMEND (0)Topics: Labor Department, Unemployment, Unemployment benefits
Harry Reid
Harry Reid: 'Difficult Is Not Synonymous With Impossible'
Sen. Harry Reid (D-NV)
Sen. Harry Reid took the stage at his raucous victory party to thank his wife, his family and all his supporters for not giving up on him. He said his victory represented a repudiation of black-and-white ideology -- presumably represented by his opponent Sharron Angle "It's not about us versus them," he said. "It's about every Nevadan working together."
But Reid acknowledged that his victory wasn't the end of his fighting days.
PERMALINK | COMMENTS | RECOMMEND RECOMMEND (0)Topics: 2010 elections, Harry Reid, NV-SEN, Senate, Senate '10, Senate Democrats, Sharron Angle
Senate '10
Paladino Walks Out On Interview After Questions About Gillibrand Comments (VIDEO)
Carl Paladino
New York gubernatorial candidate Carl Paladino (R) walked out on a local television interview in Plattsburgh, New York on Friday evening after the anchor asked him whether his comments about Sen. Kirsten Gillbrand (D) were sexist. Paladino had called New York's junior Senator "[Schumer's] little girl" on Thursday, in reference to Sen. Chuck Schumer (D).
When asked if he regretted the comments or thought they were sexist, Paladino said, "No, I don't. I was referring to the fact that Miss Gillbrand seems to vote exactly as Mr. Schumer directs her to. She doesn't show any mind of her own in voting. And that's why I referred to her that way."
PERMALINK | COMMENTS | RECOMMEND RECOMMEND (0)Topics: 2010 elections, Carl Paladino, Kirsten Gillibrand, NY-GOV, Senate '10
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