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American Workers More Likely to Get on Disability Than Find a Job Since Obama Inauguration
Investors - More workers joined the federal government's disability program in June than got new jobs, according to two new government reports, a clear indicator of how bleak the nation's jobs picture is after three full years of economic recovery.
The economy created just 80,000 jobs in June, the Bureau of Labor Statistics reported Friday. But that same month, 85,000 workers left the workforce entirely to enroll in the Social Security Disability Insurance program, according to the Social Security Administration.
The economy created just 80,000 jobs in June, the Bureau of Labor Statistics reported Friday. But that same month, 85,000 workers left the workforce entirely to enroll in the Social Security Disability Insurance program, according to the Social Security Administration.
The disability ranks have outpaced job growth throughout President Obama's economic recovery. While the economy has created 2.6 million jobs since June 2009, fully 3.1 million workers signed up for disability benefits.
In other words, the number of new disability enrollees has climbed 19% faster than the number of new jobs created during the sluggish recovery. (Even after accounting for people who left the disability program because they died or aged into retirement, the disability ranks have climbed more than 1.1 million in the past three years.) Read full story here: News New Mexico
Another Month, Another Atrocious U.S. Jobs Report
Stocks fell on concern hiring has shifted into a lower gear, restricting consumer spending and leaving the economy more vulnerable to a global slowdown. The figures underscore concern among some Federal Reserve policy makers that growth isn’t fast enough to lower unemployment stuck above 8 percent since February 2009.
A Year Later D.A. Still "Reviewing" Evidence
According to the Albuquerque Journal, District Attorney Angela "Spence" Pacheco of Santa Fe, who was appointed the special prosecutor for Second Judicial District Pat Murdoch's rape case, says her office is still reviewing ëvidence involving a retired Albuquerque criminal judge accused and later cleared of raping a prostitute. Pacheco was appointed as special prosecutor days after Murdoch's arrest in July 2011. Why this D.A. would announce she is reviewing new evidence instead of simply reviewing it is anybody's guess.
NM State Fair cut to 12 days
Romney campaign set to open 4 NM offices
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New Mexico Unemployment Below National Average, Martinez Open for Business Attitude Helping?
The department says some federally funded unemployment benefits are expiring because the state's three-month average unemployment rate is below 7 percent. A 6 percent rate previously triggered an additional 13 weeks of benefits for jobless workers. A federal law enacted earlier this year established new provisions that determine the maximum benefits available in a state. Read full story here: News New Mexico
Duke City Public Employees Caught Gambling, Shopping, and Running Errands on Taxpayers Dime
Surveillance video shows the three inspectors gambling, shopping, running errands and visiting with friends. City officials said they got a tip about the three disappearing from work for hours at a time.
"They'd drop off their city vehicle, and they'd get in their personal vehicle and go about their personal business," said Chief Administrative Officer Rob Perry. Video shot by Robert Caswell Investigators showed one woman visiting Sandia Casino on June 21 and June 26. On both occasions, she is seen playing penny slots for hours. Read full story here: News New Mexico
City of Belen Handing Out Raises, Two Years After Being Near Broke
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