Economy

REPORT: Only 23% of Companies Planning to Hire New Employees in the Next 6 Months

REPORT: Only 23% of Companies Planning to Hire New Employees in the Next 6 Months
The economic problems that Europe has been experiencing over the last year may have a tremendous effect on American unemployment. When employers can no longer sell their goods (partially because of a lack of buyers in Europe) they are likely to cut workers.
The massive dip from 39 percent in April to 23 percent now could indicate a weakness of polling data. Or, it could indicate that the severity of the European crisis is having a real impact. The new poll shows that 47 percent of companies responding believed their sales had dropped due to the European financial crisis. Only 25 percent believed that to be true when responding in April.
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Pres. Obama Contrasts Two Visions for Country With Approach to Tax Policy

While the mendacious Mitt Romney raked in campaign cash from wealthy donors in Aspen on Monday and continued to hide information from the American people about the millions he has stashed in offshore tax havens, President Obama called on Congress to extend Bush-era tax cuts for the 98% of Americans who earn less than $250,000 per year. President Obama made clear that he views this election as a competition between two fundamentally different visions for the Country.
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VA Gov. Bob McDonnell Loses Virginia's 'Best State for Business' Top Ranking

In stark contrast to Ronald Reagan, here in Virginia, Bob McDonnell and his fellow Republican'ts -- puppets of Grover Norquist's absolutist pledge against any taxes, anytime -- have refused to raise transportation revenues, despite the fact that Virginia needs $700 million/year more "just to fix its crumbling roads and bridges." And, of course, we need billions more if we want to go beyond just maintaining what we've already got.
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The Living Wage Calculator: What It Actually Takes to Get By

The Living Wage Calculator: What It Actually Takes to Get By
There's always a lot of controversy around what it really means to have a living wage and what it means to be in poverty.  And we know that the way poverty is defined now is arbitrary and outdated.
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NJ Triple Veto by Christie on Undermines Economic Recovery

Over the past several days, Gov. Christie took decisive action to weaken New Jersey's economy by vetoing three important legislative initiatives to revive our troubled housing market.
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B: CA Labor Comes to the Table for State Budget

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B: NH Prison Privatization Risks Placing Industry over Public Interest

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B: NJ Fighting for Gender Equality in Trenton

Every year, the last few days of June in Trenton are dominated with talk about the budget – and rightly so. This year, when you factor in consideration of the rushed higher education merger plan, it is easy for news on other pieces of legislation to be drowned out by the big-ticket items.
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B: Catholics Travel to Protest Immorality of Paul Ryan's Budget

Catholic nuns have taken to the street on a Midwest bus tour protesting the new Republican budget by Wisconsin Congressman Paul Ryan. They are highlighting the cuts to the social safety net by visiting hospitals, schools, healthcare facilities, homeless shelters, food pantries and other institutions where they can reach those most likely affected.
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B: CA Consumer Group Urges Public Officials to Keep Tax Dollars In State

Consumer Watchdog today called on state and local governments to quit spending taxpayer millions on Scott toilet paper, Kleenex tissues and other products from Kimberly-Clark Corporation. The global company is part of a corporate coalition battling to keep a tax loophole that benefits only out-of-state corporations---to the detriment of California schools, local governments and state services.
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