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Articles Written by: REA S. HEDERMAN JR.
On November 6, the Bureau of Labor Statistics announced that the unemployment rate had soared from 9.8 percent to 10.2 percent in October. Jobs losses in October--190,000--were higher than expected. As job losses mount, the monthly jobs report ...
From REA S. HEDERMAN, JR., AND JAMES SHERK,
The Heritage Foundation,
6 Nov 2009
The new House health care plan released by Speaker Nancy Pelosi (D-CA) contains more tax increases than were in the original House plans known as the "tri-committee bill." While Blue Dog Democrats can take some consolation in the fact that a few more ...
The Bureau of Labor Statistics released the employment report for September, and the report was frightening: 263,000 jobs lost, well exceeding expectations. The unemployment rate climbed to 9.8 percent even as the labor force shrank. The continued ...
From REA S. HEDERMAN, JR., AND JAMES SHERK,
The Heritage Foundation,
2 Oct 2009
Force individuals to pay more money out-of-pocket, and Compel businesses to reduce wages, salaries, and job opportunities.
Baucus's plan for "reform" requires that individuals currently without insurance must purchase insurance through either their ...
From REA S. HEDERMAN, JR., AND PAUL L. WINFREE,
The Heritage Foundation,
25 Sep 2009
On September 4, 2009, the Bureau of Labor Statistics released monthly employment report, which showed that, in July, the unemployment rate had increased to 9.7 percent from 9.4 percent. The establishment survey reported that 216,000 fewer workers were ...
From REA S. HEDERMAN JR. AND JAMES SHERK,
The Heritage Foundation,
4 Sep 2009
The Bureau of Labor Statistics reported today that in the month of July, the U.S. unemployment rate dropped from 9.5 to 9.4 percent despite the economy shedding 247,000 jobs. While this jobs report is hardly good news, it is still the least bad ...
President Barack Obama has repeatedly claimed that his economic stimulus bill will "create or save" 3.5 million new jobs by 2011, including 600,000 jobs "created or saved" by the end of this summer. It is impossible to hold the President accountable to ...
From JAMES SHERK AND REA S. HEDERMAN, JR.,
The Heritage Foundation,
6 Aug 2009
As unemployment continues to rise, it is unfortunate and surprising that many policymakers are taking steps to reduce employment. The large tax increases proposed by House Ways and Means Chairman Charlie Rangel (D-NY) would harm over a million small ...
Calls for a new stimulus bill are growing almost as fast as the ranks of the unemployed. Many politicians and economists who had advocated for the huge $787 billion second stimulus bill are surprised that it has failed to help the economy. Already, ...
From J. D. FOSTER, PH.D., AND REA S. HEDERMAN, JR.,
The Heritage Foundation,
9 Jul 2009
The Bureau of Labor Statistics (BLS) reported today that country's unemployment rate increased to 9.5 percent in June and employers shed 467,000 jobs. While the unemployment rate showed only a slight increase, the number of lost jobs was higher than in ...
From REA S. HEDERMAN, JR., AND JAMES SHERK,
The Heritage Foundation,
2 Jul 2009