Showing posts with label Unemployment Rates. Show all posts
Showing posts with label Unemployment Rates. Show all posts

Saturday, January 30, 2010

Unemployment at record high despite Federal stimulus

Friday, on the same day the NM Workforce Solutions Department issued a report showing unemployment in the state has hit a 8.3 percent, a record 22-year high, Gov. Bill Richardson issued a statement claiming the American Recovery and Reinvestment Act is responsible for creating or saving 10,000 jobs full and part-time jobs.

In fact, on Friday, Richardson said 10,221 New Mexicans received full- or part-time work as a result of state spending of federal stimulus funds.

The state, in its second quarterly report filed with the federal Recovery Accountability and Transparency Board, said that 2,959 full-time equivalent jobs have been funded from Oct. 1, 2009 through Dec. 31, 2009.

The jobs, located all over the state, are in public schools, on transportation projects, in law enforcement, health care, social services and other areas, according to a news release.

New Mexico is expected to receive more than $3.4 million in stimulus awards over the life of the Recovery Act.


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Saturday, December 6, 2008

President-Elect Obama Addresses Huge Month of Job Losses



In today's weekly address, President-elect Barack Obama explains the key parts of his Economic Recovery Plan -- which will save or create 2.5 million jobs in the next two years.

To read the transcript and to see how the high unemployment numbers are affecting families click here.

Monday, October 27, 2008

Former NM Health Secretary Rebukes John McCain's Plan to Tax Healthcare!


With all the talk about economic bailout plans, falling stock prices, and rising energy costs it is easy to lose site of some of the other top issues in this year's election.

One that we've focused on is health care for all Americans. We thought we'd re-visit this important issue before the election.

Last week jobless claims rose 15,000 to 478,000 according to government reports. While the number of people collecting regular state unemployment benefits fell by 6,000 to a seasonally adjusted 3.72 million in the week ended Oct. 11, the four-week average of continuing claims rose by 44,250 to 3.68 million, the highest in more than five years.

The government's October employment survey was conducted last week, with the results to be released on Nov. 7. Compared with September's survey week, initial claims are up about 8%, while continuing claims are up about 6%.

While states may increase the length of their wage benefits, these hard-working Americans, many who oppose national or universal health care, are about to find out what many people have been talking about for years, and they won't be able to afford the short-term Cobra benefits. Once they land a new job, if economic conditions improve, they'll find out any of their pre-existing conditions won't be covered.

Last Monday, we attended a health care townhall meeting with U.S. Senator Jeff Bingaman, former NM Health Secretary Michelle Lujan Grisham, and UNM Doctor Don Dirkson. They talked to a crowd of about 50 people about exactly what they can expect if Barack Obama is elected president next week.

Essentially, all three VIP's advocated for more access. Each one said that health care isn't about insurance it's about access to quality health care.

Grisham tells us she's been busy since losing to Martin Heinrick in the first congressional district primary in June. In August, she formerd a consulting group with Deborah Armstrong (another former Health Secretary). Grisham told me their new group, Delta Consulting Group, incorpated this summer. We invited her to write a guest column and she responded with this thoughtful piece.

Photo from: MG Bralley
Guest Opinion - John McCain's Plan to Tax our Healthcare!

Our health care system is broken. Barack Obama has a plan to fix it and ensure that every New Mexican has access to quality, affordable healthcare. John McCain will only make it worse by pursuing his policy of deregulation.

New Mexico has one of the highest uninsured rates in the country with an uninsured population of more than 400,000, including about 64,000 children. Currently, one out of every four people in New Mexico does not have the ability to regularly visit a doctor or a health care provider due to lack of health insurance. This is unacceptable.

Since President Bush has taken office, health care costs have risen 4.6 times faster than average wages in New Mexico. And, rather than standing up to health insurance companies to reduce health care costs, John McCain's plan will tax your health care benefits for the first time in history, and lead 20 million workers to lose the coverage they get from their employers, including 98,000 New Mexicans. McCain will pay for his health care plan with a massive tax increase on middle class families, and with costs skyrocketing, that'll mean even more pain and even worse access for your family down the road.

Under New Mexico state law, insurance providers must provide coverage of diabetes care, mammograms, home health care, and immunizations, to name a few. However, the McCain plan will put these services at risk by deregulating the insurance industry and removing the protections state legislatures pass for their constituents. Additionally, the McCain plan won't do anything to stop insurance companies from discriminating against you if you've got a pre-existing condition like asthma or diabetes and require the provision of preventive health care.

McCain's plan to deregulate the health care industry – just like he and his allies have done with our financial markets – would be catastrophic for New Mexicans. We can't afford four more years of deregulation and New Mexicans to fend for themselves.

In an Obama administration, we're going to finally stand up to the big drug and insurance companies and provide affordable, accessible health care for every single New Mexican. Obama will work with employers who are providing health care for their employees and lower premiums by up to $2,500 per family per year, and he'll reduce costs for business and their workers by picking up the tab for some of the most expensive illnesses and conditions. He will create a Small Business Health Tax Credit to provide small businesses with a refundable tax credit of up to 50% on premiums paid by small businesses on behalf of their employees.

Obama will make sure no American is turned away from any insurance plan because of illness or pre-existing conditions. And he will have Medicare negotiate drug prices with pharmaceutical companies so that prescription drugs are not cost prohibitive for those seniors.

Taxing middle class families to receive health care is not the answer. Senator Obama will fight for middle class families so that all New Mexicans have a health plan that's as good as the one he has as a Member of Congress.

Michelle Lujan Grisham, J.D.
Former Secretary NM Department of Health

Barack Obama and Joe Biden's Health Care Plan is Available for Review here.

or watch this video.




Last August, Charlie Rose interviewed John McCain on his health care ideas.

Sunday, August 10, 2008

Commerce Secretary: America Will Pay Dearly for Economic Isolation Policies

Carlos Gutierrez rose from Cuban refugee to captain of industry to Secretary of Commerce. On Sunday, he visited Albuquerque.

Before a town hall meeting with small business owners he talked to us about his role opening new international markets for New Mexico farmers and small business entrepreneurs.

In this AUDIO INTERVIEW Gutierrez says America’s exports are a bigger part of our economy than ever before with annual growth above 12.5 percent.

He also addressed increasing unemployment rates. In July unemployment rates grew to 5.7 percent. Some 51,000 jobs were lost nationally. New Mexico’s stable economy help buffered job losses here, but the state still had 1,000 positions eliminated in June.

Gutierrez said, “losing just one job is bad,” but insists the Bush Administration $150 Billion dollar stimulus package is working. He says second quarter growth was 1.9 percent, and believes tax policies are critical to creating jobs. Gutierrez tells us he’s supporting Republican Presidential Candidate John McCain, because his tax policies will allow small companies to create new jobs.

“He has a passion for small businesses,” said Gutierrez. “He’ll give them incentives to grow and prosper with his free trade policies.”

Gutierrez says America can compete on the world economic stage and briefly accessed this weekend's Russian vs Georgia conflict.

“We cannot step back and isolate ourselves. If we do that today when everyone else is trying to gain access to countries for their companies we’re are going to be at a serious disadvantage.”

He warns the country will “pay dearly” if America isolates itself at a time when other developing everyone is involved in competing. He says McCain wants to push forward.

Gutierrez said likely-Democratic Presidential Nominee Sen. Barack Obama has a policy of economic isolation. He says that “will hurt us.”

Before heading to a town hall meeting in the north valley at El Pinto Restaurant Gutierrez also talked to us about high gas prices, offshore drilling, the need for developing nuclear power in the U.S., and his profound disappointment that Congress didn’t act on the 700-page immigration law because of one word: Amnesty.

The former CEO of Kellogg Company, a Cuban Exile advocate, also laid out his own plans following his term in the Bush Administration.