Monday, April 9, 2012

Federal funds jobless

  • With the economy slowly reviving, an executive from Atlas Van Lines recently visited Louisville, Ky., with good news: the company wanted to hire more than 100 truck drivers ahead of the summer moving season.
  • (New York Times)
  • Federal Reserve Chairman Ben S The index rallied to the highest level since May 2008 on April 2, a week after Bernanke said reducing the jobless rate "can be supported by continued accommodative policies.
  • (Businessweek)
  • This will contribute to the jobless rate falling to 7.
  • (San Francisco Gate)
  • Bullion posts biggest two-day loss in a month * Gold down again as Fed minutes indicate QE3 unlikely * Spot gold breaks below 300 DMA first time since Dec. * Coming up: U.S.
  • (Reuters)
  • Federal jobless benefits have been in place for nearly four years, with Washington committing more than $200 billion to jobless aid, on top of more than $250 billion spent by states, which typically fund such programs.
  • (US News and World Report)
  • So, even an aggressive effort by the state to collect the funds might not have returned state's $2.6 billion debt to the federal government for benefits.
  • (Roanoke Daily Herald)
  • The stimulus funding also is backed by members of Democratic Gov Instead, the Senate committee decided to use the money to help pay down Missouris debt to the federal government for jobless benefits.
  • (AP - msnbc.com)
  • Ms. Howle's report goes on to say that the state is not maximizing the federal funding opportunities available for workforce investment. "We noted six missed opportunities for federal grants that could have provided up to $10.
  • (Central Valley Business Times)
  • This will contribute to the jobless rate falling to 7.
  • (Businessweek)

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