OpenCongress Blog

Blog Feed Comments Feed More RSS Feeds

Job Losses Slow

May 8, 2009 - by Donny Shaw

Not directly related to Congress, but today’s news on what is probably the most important economic indicator is still relevant on many fronts. According to the Labor Department’s monthly jobs report, the unemployment rate hit a 25-year high of 8.9 percent in April, but the number of jobs lost during the month fell to their lowest level since October.

I’m guessing that this coupled with the Treasury’s optimistic stress test results released yesterday will weaken the Democrats’ hand in finalizing legislation like the Credit Cardholders’ Bill of Rights Act, the Helping Families Save Their Homes Act, and the Mortgage Reform and Anti-Predatory Lending Act.

Like this post? Stay in touch by following us on Twitter, joining us on Facebook, or by Subscribing with RSS.
Housing Financial Regulation
 

Comments

No Comments Start the Conversation!


Get Blog Updates by Email

Delivered by FeedBurner

Demand Question Time!



Find us at

Want a simple way to stay on top of what's happening in Congress?

Subscribe to this blog!

Send Us a Tip

You can submit a tip anonymously, or attributed to your own name and e-mail, whichever you prefer. Read more about submitting a tip.

Submit a tip




Recent Posts

Archives

See All Archives

Blogroll


See our Twitter List

Congress Watchers

OpenCongress is a free and open-source project of the Participatory Politics Foundation, a 501(c)3 non-profit organization with a mission to increase civic engagement. The non-profit Sunlight Foundation is the Founding and Primary Supporter of OpenCongress.