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    Dec 17, 2012 |Story| Los Angeles Times

  1. Former Amazon warehouse workers face a sad predicament

    Some former temporary workers from Amazon's warehouses in Pennsylvania are having a hard time, the Lehigh Valley's newspaper <a href="http://www.mcall.com/business/mc-amazon-temporary-workers-unemployment-20121215,0,7418365,full.story">the Morning Call reports</a>. Those who have filed for unemployment benefits -- sums of $100 to $200 per week -- often find their claims challenged. If approved, they are often challenged again. These workers, with few resources, face delays in receiving unemployment compensation. Those who aren't capable of navigating the official steps required to fight the challenges may never receive unemployment.
    Some former temporary workers from Amazon's warehouses in Pennsylvania are having a hard time, the Lehigh Valley's newspaper the Morning Call reports. Those who have filed for unemployment benefits -- sums of $100 to $200 per week -- often find their...

    Tags: Employment, Media Industry, Breinigsville, Unemployment, Career and Workplace

    2. Jan 3, 2013 |Story| Los Angeles Times

  2. More cliffs to come

    'You never want a serious crisis to go to waste," Rahm Emanuel famously told a group of corporate executives a little more than four years ago, when he was President-elect Obama's chief of staff. Emanuel's <a href="http://http//lat.ms/TwQ66x">words</a> apparently have been forgotten in the nation's capital, where lawmakers manufactured a potentially serious crisis by timing billions of dollars of tax cuts to expire at the end of 2012, days before huge across-the-board spending cuts were set to take effect. The deal that the Obama administration struck this week with Congress to avoid sending the country over this so-called fiscal cliff did little more than push the tough bargaining off for another day, when the stakes may actually be higher.
    'You never want a serious crisis to go to waste," Rahm Emanuel famously told a group of corporate executives a little more than four years ago, when he was President-elect Obama's chief of staff. Emanuel's words apparently have been forgotten in the...

    Tags: Finance, Labor Markets, Rahm Emanuel, U.S. Congress, Barack Obama

    3. Jan 3, 2013 |Story| Los Angeles Times

  3. First-time jobless claims rose to 372,000 last week

    WASHINGTON -- First-time jobless claims rose to 372,000 last week, a level consistent with a moderately growing labor market ahead of Friday's December unemployment report.
    WASHINGTON -- First-time jobless claims rose to 372,000 last week, a level consistent with a moderately growing labor market ahead of Friday's December unemployment report. The number of initial claims for unemployment benefits was up 10,000 in the week...

    Tags: Automatic Data Processing, Inc., Labor Markets, Economic Indicator

    4. Jan 1, 2013 |Story| Los Angeles Times

  4. House approves 'fiscal cliff' deal, rescinding broad tax hike

    WASHINGTON &mdash; The House gave final approval Tuesday night to a bill to rescind tax increases for the vast majority of Americans, but only after a day of closed-door debate among Republicans, who were forced to allow a vote on a compromise many in their party disdained.
    This post has been updated. See below for details.
    WASHINGTON — The House gave final approval Tuesday night to a bill to rescind tax increases for the vast majority of Americans, but only after a day of closed-door debate among Republicans, who were forced to allow a vote on a compromise many in...

    Tags: Personal Income, Tea Party Movement, John Boehner, Taxation, U.S. Congress

    5. Nov 29, 2012 |Story| Los Angeles Times

  5. Initial jobless claims dropped again last week after Sandy

    WASHINGTON -- Initial claims for unemployment benefits dropped again last week, to 393,000, as the jobs market continued to recover from Superstorm Sandy.
    WASHINGTON -- Initial claims for unemployment benefits dropped again last week, to 393,000, as the jobs market continued to recover from Superstorm Sandy. The new data came as a top Federal Reserve official estimated the devastating storm had a...

    Tags: Fiscal Cliff, Unemployment, Career and Workplace, Labor Markets, Economic Indicator

    6. Jan 24, 2013 |Story| Los Angeles Times

  6. Initial jobless claims drop again, hit new five-year low

    WASHINGTON -- Initial jobless claims fell again last week, to 330,000, a fresh five-year low, as the labor market continued a strong start to 2013.
    WASHINGTON -- Initial jobless claims fell again last week, to 330,000, a fresh five-year low, as the labor market continued a strong start to 2013. There were 5,000 fewer people who filed for first-time unemployment benefits in the week ending...

    Tags: Employment, Career and Workplace, Labor Markets, Economic Indicator, Employment Opportunities

    7. Dec 30, 2012 |Story| Los Angeles Times

  7. No 'fiscal cliff' deal, but Democrats, GOP closer to compromise

    WASHINGTON -- &nbsp;Democrats and Republicans on Capitol Hill moved closer to a compromise to avert part of the so-called fiscal cliff, but theyremained unable to close a deal during an unusual Sunday session of negotiations punctuated by rounds of political finger-pointing.
    WASHINGTON --  Democrats and Republicans on Capitol Hill moved closer to a compromise to avert part of the so-called fiscal cliff, but theyremained unable to close a deal during an unusual Sunday session of negotiations punctuated by rounds of political...

    Tags: Labor Legislation, Olympia J. Snowe, John McCain, Career and Workplace, Bob Corker

    8. Dec 27, 2012 |Story| Los Angeles Times

  8. Jobless claims fell last week to 350,000, close to 4 1/2-year low

    <em>This post has been updated. See below.</em>
    This post has been updated. See below. WASHINGTON -- First-time claims for unemployment benefits fell to 350,000 last week, close to the 4 1/2-year low, the Labor Department said Thursday. The figure for the week that ended Saturday was down 12,000...

    Tags: Unemployment, Career and Workplace, Labor Markets, Economic Indicator

    9. Dec 27, 2012 |Story| Los Angeles Times Exclusive

  9. New year likely to arrive with no rescue from the 'fiscal cliff'

    The "fiscal cliff" looms ahead and it is a solid bet that no one will come up with a deal in time to stop the country from careening off the edge. Nearly everyone claims they want to avoid the automatic tax increases and massive budget cuts that will start kicking in on Jan. 1, but few are ready to make the compromises necessary to make that happen.
    The "fiscal cliff" looms ahead and it is a solid bet that no one will come up with a deal in time to stop the country from careening off the edge. Nearly everyone claims they want to avoid the automatic tax increases and massive budget cuts that will...

    Tags: Tea Party Movement, John Boehner, U.S. Congress, Barack Obama, Fiscal Cliff

    10. Dec 27, 2012 |Story| Los Angeles Times

  10. Capitol Hill reality check

    The prospect of recovery-killing across-the-board tax hikes and spending cuts at the end of the year hasn't been enough to spur lawmakers to craft a plan to avert those changes. The onus for Congress' inaction falls squarely on House Republicans, whose refusal last week to <a href="http://lat.ms/ViQHtg">follow their own leadership</a> has quashed just about any hope of a "grand bargain" with President Obama to address the federal government's long-term fiscal woes. The main hope now is that lawmakers will find a way out of the impasse before the damage to the economy gets much worse.
    The prospect of recovery-killing across-the-board tax hikes and spending cuts at the end of the year hasn't been enough to spur lawmakers to craft a plan to avert those changes. The onus for Congress' inaction falls squarely on House Republicans, whose...

    Tags: Crime, Law and Justice, Justice System, Elections, Politics, Democratic Party

    11. Dec 13, 2012 |Story| Los Angeles Times

  11. Mortgage rates dip slightly, back to near record, Freddie Mac says

    Fixed mortgage rates eased slightly this week, with lenders offering 30-year loans to solid borrowers at an average interest rate of 3.32%, down from 3.34% last week and near the record low, according to the latest Freddie Mac survey.
    Fixed mortgage rates eased slightly this week, with lenders offering 30-year loans to solid borrowers at an average interest rate of 3.32%, down from 3.34% last week and near the record low, according to the latest Freddie Mac survey. The big buyer and...

    Tags: Bonds, Financial and Business Services, Money and Monetary Policy, Finance, Mortgages

    12. Dec 31, 2012 |Story| Los Angeles Times

  12. 'Fiscal cliff' deal pleases few; House unlikely to vote Monday

    <span class="runtimeTopic">WASHINGTON</span> &ndash; Details of the emerging &ldquo;fiscal cliff&rdquo; deal ricocheted through the Capitol on Monday, appearing to please almost no one from either political party, as President Obama urged negotiators toward a conclusion. A House vote appears unlikely on Monday, even if a deal is finished.
    WASHINGTON – Details of the emerging “fiscal cliff” deal ricocheted through the Capitol on Monday, appearing to please almost no one from either political party, as President Obama urged negotiators toward a conclusion. A House vote...

    Tags: Crime, Law and Justice, Personal Income, Justice System, Tax Credits, Budgets and Budgeting

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