The Senate passed a long-stalled measure on Thursday that would boost lending to small businesses, giving President Barack Obama’s Democrats one of their last chances before November elections they are working to revive the sluggish economy.
Unemployment News – Private employers hired more workers over the past three month than first thought, lifting hopes for the weak economy ahead of the Labor Day weekend. But the unemployment rate rose in August for the first time in four months as more people entered the market looking for work.
Emergency Unemployment Compensation Tier 1 Details: Emergency Unemployment Compensation is provided by congress and it is a Federal extension. Maximum benefit paid by Tier 1 is 80 percent of a person’s regular claim or 20 weeks.
According to Nevada News Bureau- Nevada’s worst in the nation 14.3 percent unemployment rate for July does not even commence to tell the real story of the state’s dismal job situation.
Oregon unemployment rate is 10.6 percent which is the 7th highest in U.S. Nation’s unemployment rate is 9.5 percent. Jobless rate in Oregon is still 1 percent above than nation’s unemployment rate.