CPEG’s Bill Barclay appeared on Fox Business News today to explain how a tiny Financial Transaction Tax in Chicago could mean 40,000 new jobs for the unemployed.
Archive for October 7, 2011
CPEG Commentary on the September 2011 BLS Jobs Report
With the economy hovering on the brink of a double dip recession official overall unemployment remained stuck at 9.1% in September. Those who have been out of work and looking now make up an astonishing 44% of those unemployed.
The sluggish economy mustered the strength to add only 103,000 jobs, better than last month’s new jobs total of zero, but still less than the 115,000 that are needed to absorb all of the young people who join the labor force as a result of population growth each month.
Investing in Chicago Communities; A Jobs Fund for a Future That Works
The Chicago Political Economy Group and Stand Up! Chicago today released a new plan entitled Investing in Chicago Communities; A Jobs Fund for a Future That Works. The Chicago Community Jobs Plan outlines our proposal to address Chicago’s jobs crisis by creating 40,000 new jobs for the city’s unemployed. The jobs plan would not only provide Chicagoans with living wage, full-time jobs that match their existing skills and experience, but would serve as an investment in our communities, making them safer, stronger and more vibrant.
Working Papers
