It’s been nearly four years since we were being told that the economic recession was officially over; yet today, there are 14 million people who are still listed as unemployed by the U.S. Bureau of Labor Statistics (BLS). (And we’re not counting the additional 12 million who are part-timers and temporary workers, and those who finally gave up looking for work in a bleak job market.)
Labor Leaders were virtually unanimous in praising President Obama’s $447 billion jobs bill, with some economists estimating that it would create as many as 2 to 3 million jobs by the end of 2013. But with Republicans strongly opposed, the Jobs Act has little chance of being approved by Congress, especially since there is no agreement as to who would pay for the $447 billion bill. read more »