According to an article in the Dallas Morning News, 566,000 newly unemployed workers filed unemployment claims this week as the number of job losses continue to rise. The recent automaker job losses are one the major factors contributing to the increase, according to government officials. But most experts agree that the unemployment rate and the [...]
According to an article in the Dallas Morning News , some advocates for Dallas-Fort Worth's low-wage workers accused the Texas Workforce Commission of stalling a payout of 13 additional weeks of unemployment benefits to workers who have been unemployed for more than a year. The Texas Workforce Commission claims that they must indefinitely delay unemployment [...]
According to an article in the Star-Telegram , an estimated 5,550 Texans are losing their health coverage each week as the number of job losses increase and the cost of healthcare rises, making many Texans vulnerable physically and financially. The article said: "Rising like a deadly tide, escalating health care costs will have caused 866,580 [...]
According to an article in the Star-Telegram, Texas' unemployment trust fund will plummet to zero next week and up to 15,000 jobless Texans are expected to exhaust their unemployment benefits by the end of July. The Texas Workforce Commission plans to borrow $643 million, interest-free from the federal government to pay claims through October 1st [...]
According to an article in the Star-Telegram, the Federal Reserve expects that unemployment will top 10 percent and remain high for the next several years. The article said: In fact, most Fed policymakers said it could take "five or six years" for the economy and the labor market to get back on a path of [...]
According to an article in the Star-Telegram, an estimated 80 percent of low-income Americans seeking help at Legal Aid centers nationwide are turned away. The large percentage is mostly caused by more Americans facing job losses , foreclosure and bankruptcy and needing legal assistance. The article said: "The crush of new clients comes as the [...]
According to the Star Telegram and the Texas Workforce Commission, unemployment claims paid through TWC have more than doubled since 2008. The increase in the number of filings is adding even more pressure to the already stressed TWC. According to the article, the TWC has lost federal funding for workers over the last few years. [...]
According to an article in the Dallas Morning News, the country suffered 467,000 job losses in June, sending the unemployment rate soaring to 26-year high of 9.5 percent. And that's not all, the average American worker who hasn't succumb to a job loss has seen his/her workweek shrink to 33 hours, causing many workers to [...]
According to an article in the Star-Telegram, Americans are drastically cutting back on spending as the number of job losses and bankruptcies continue to rise. The Conference Board reported this week that its Consumer Confidence Index is now at 49.3 percent, a significant decline from the May level of 54.8 percent. The article said: "Job [...]
According to an article in the Star-Telegram, 127 employees at GE Capital Corp. have suffered job losses at the company's Bedford operation. The article said: "The company said it is restructuring its GE Capital Americas, which has an operation at 2208 Texas 121, according to a Texas Workforce Commission filing. About 34 employees were let [...]