The Washington Independent

Posts Tagged jobless rate

Cantor Not Alone in Call for 5 Percent Jobless Ceiling on Tax Hikes

By | 12.03.09 | 11:27 am

Earlier this week, Rep. Brad Sherman (D-Calif.) told Fox News that he doesn’t support a tax hike to pay for the Afghanistan war until the nation’s jobless rate drops below 5 percent.

I think we should pay for this war, but we should pay for it after the

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Unemployment Tops 10 Percent

By | 11.06.09 | 9:07 am

More bad economic news from The New York Times:

The United States economy shed 190,000 jobs in October, and the unemployment rate reached a 26-year high of 10.2 percent, up from 9.8 percent in September, the Department of Labor said Friday in its monthly economic appraisal.

Bad Economic News and the End of Optimism

By | 11.07.08 | 9:48 am

More bad economic news is out today already, with a jobs report showing unemployment leaping to a 14-year high of 6.5 percent — much worse than expected. That news follows on the heels of a devastating retail sales report for October, which found a significant drop in consumer More…