Special Series: Economic Recovery Watch
Results per page: 50 | 100
Results by year: 2013 | 2012 | 2011 | 2010 | 2009 | 2008
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Podcast: Rising Need, Falling Funding for TANF Program
December 21, 2010
Director of the Center’s Welfare Reform and Income Support Division, Dr. LaDonna Pavetti, talks about cuts to the safety net despite the rising need among our most vulnerable citizens.
Duration: 4:43
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Podcast: The Recovery Act is Boosting the Economy
December 14, 2010
Michael Leachman, Assistant Director of the Center’s State Fiscal Project, discusses the latest information showing that the Recovery Act is creating jobs and boosting the economy.
Duration: 3:53
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Podcast: The November Unemployment Report and What It Means for the Economy
December 3, 2010
?The jobs report for November is discussed by Chief Economist, Chad Stone.
Duration: 3:57
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Statement: Chad Stone, Chief Economist, on the November Employment Report
December 3, 2010
Today’s disappointing employment report shows that the economy is continuing to create jobs, but job growth is far too slow to bring down the painfully high long-term unemployment rate (see chart). With such a high percentage of the unemployed unable to find a job within 26 weeks, … -
Podcast: The Impact of the Expiration of Federal Emergency Unemployment Benefits
November 30, 2010
Chad Stone, the Center’s Chief Economist, discusses the expiration of federal emergency unemployment benefits and what it means for millions of jobless workers and the economy.
Duration: 3:33
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New CBO Report Finds Up to 3.6 Million People Owe Their Jobs to the Recovery Act
Updated November 29, 2010
View the most recent version of this report: New CBO Report Finds Hundreds of Thousands of People Still Owe Their Jobs to the Recovery Act Updated May 29, 2012 A new Congressional Budget Office (CBO) report estimates that the American Recovery and Reinvestment Act (ARRA) increased the number of people employed by between 1.4 million and 3.6 … -
Podcast: Key Issues Facing Congress
November 16, 2010
Jim Horney, the Center’s director of Federal Fiscal Policy, discusses the key issues facing Congress during the lame duck session that began yesterday.
Duration: 4:45
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Emergency Unemployment Insurance Benefits Remain Critical for the Economy
November 10, 2010
Although the unemployment rate is stuck at more than 9½ percent, jobless workers will see unemployment insurance (UI) benefits slashed to pre-recession levels unless Congress acts before the end of this month. That would deliver a harsh blow to most of the 5 million workers now receiving federal emergency UI benefits … -
Media Briefing: A Priority for Lame Duck Congress: Extending Federal Emergency Unemployment Insurance
November 10, 2010
Robert Greenstein, Executive Director and Chad Stone, Chief Economist explains what it would mean if Congress fails to continue the emergency UI program, which provides additional weeks of federal benefits to unemployed workers who exhaust their 26 weeks of regular state benefits before they can find a job.
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Podcast: Emergency Unemployment Insurance Benefits Remain Critical
November 9, 2010
Chad Stone, the Center’s Chief Economist, discusses what’s at stake if Congress fails to renew the federal emergency unemployment benefits program that helps millions of laid off workers meet their families’ basic expenses at a time when jobs remain very hard to find. Duration: 3:48
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Podcast: The October Employment Report and What It Means for the Economy
November 5, 2010
I’m Keri Fulton and I’m here with Chad Stone, the Center’s Chief Economist, to discuss the jobs report for October. 1. Chad, today’s jobs report seems to have generated some excitement for the first time in a while with the economy generating more jobs than expected. Is the … -
Statement: Chad Stone, Chief Economist, on the October Employment Report
November 5, 2010
Today’s employment report contains much better news on job creation than expected, but it does not change the underlying fact that the economic recovery remains weak and the economy needs a boost. For the tenth straight month, the private sector created jobs, but the pace of job creation … -
Podcast: State Ballot Initiatives Will Affect Public Services
November 2, 2010
Jon Shure, the Deputy Director of the Center’s State Fiscal Project, discusses how in some states people will vote today on ballot initiatives that will significantly affect public services.
Duration: 3:28
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Podcast: Why There Won’t Be a COLA in 2011
October 19, 2010
Paul Van de Water, Senior Fellow, discusses the news that seniors won’t receive a cost-of-living-adjustment to their Social Security benefits this year.
Duration: 3:12
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Podcast: The September Employment Report and What It Means for the Economy
October 8, 2010
The jobs report for September is discussed by Chief Economist, Chad Stone. Duration: 3:32
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Statement: Chad Stone, Chief Economist, on the September Employment Report
October 8, 2010
Today’s jobs report shows that the economy still faces a long and difficult climb out of the jobs hole created by the recent recession. The private sector has created, on average, fewer than 100,000 jobs a month this year — not enough to keep up with population growth and not nearly … -
Understanding the Census Bureau’s Upcoming Report on Poverty
September 14, 2010
On September 16 the Census Bureau will release official figures on poverty in 2009.[1] Below are three facts to keep in mind when reviewing the new data: 1. Official Poverty Measure May Increase by Record Amount in 2009 We expect a large increase for 2009 in both the number of Americans in poverty and the percentage of the population in … -
Press Release: Minnesota Subsidized Jobs Program Will Be Scaled Back if U.S. Senate Fails to Extend TANF Emergency Fund
Updated September 7, 2010
Clarification: We have updated this press release to reflect the fact that the subsidized jobs program originally placed five paid interns with Permac Industries. The press release originally stated that Permac Industries hired them as employees. Minnesota will have to scale back a subsidized transitional jobs program that it has expanded significantly during … -
Podcast: The August Employment Report and What It Means for the Economy
September 3, 2010
The jobs report for August is discussed by Chief Economist, Chad Stone.
Duration: 2:57
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Statement by Chad Stone, Chief Economist, on the August Employment Report
September 3, 2010
Today’s jobs report provided better news than expected about private-sector job creation, but the case for additional stimulus to boost a tepid economic recovery and revive the job market remains strong. The good news, as the chart below shows, is that the economy has now added private-sector jobs for eight straight months. The bad news is that adding … -
Press Release: Connecticut Will Be Unable to Expand Successful Jobs Programs if U.S. Senate Fails to Extend TANF Emergency Fund
September 2, 2010
A greatly expanded Connecticut subsidized employment program, which has provided jobs for over 6,000 low-income parents and youth, will never reach its full potential unless Congress this fall extends the federal program that funded it, according to a new report from the Center on Budget and Policy Priorities. The employment program uses federal dollars provided … -
Press Release: Ohio Counties Will Be Unable to Expand Successful Jobs Programs if U.S. Senate Fails to Extend TANF Emergency Fund
September 2, 2010
A new Ohio subsidized employment program, which has provided jobs for 1,500 parents in 44 Ohio counties and 8,000 youth in 69 counties, will never reach its full potential unless Congress this fall extends the federal program that funded it, according to a new report from the Center on Budget and Policy Priorities. The employment program uses federal dollars … -
Press Release: ‘Hire Colorado’ Jobs Program to End if U.S. Senate Fails to Extend TANF Emergency Fund
September 2, 2010
Hire Colorado, a new subsidized employment program that has provided jobs for 1,600 parents in counties across the state, will shut its doors on September 30 if Congress fails this month to extend the federal program that funded it, according to a new report from the Center on Budget and Policy Priorities. Most of the job placements for Hire Colorado are with … -
Press Release: South Carolina Will Be Unable to Continue Successful Jobs Program if U.S. Senate Fails to Extend TANF Emergency Fund
September 2, 2010
A new South Carolina subsidized employment program (known as the STEP program), which has provided jobs for 650 parents, will stop placing South Carolinians in jobs on September 30 unless Congress this fall extends the federal program that funded it, according to a new report from the Center on Budget and Policy Priorities. The STEP program uses federal dollars … -
Press Release: 12,000 Pennsylvania Jobs to Disappear on September 30 if U.S. Senate Fails to Extend TANF Emergency Fund
September 2, 2010
As many as 12,000 workers in Pennsylvania could lose their jobs this month if the Senate fails to extend federal funding that allowed the state to create Way to Work, a highly successful program that subsidizes private- and public-sector jobs for unemployed parents and youth, according to a new report from the Center on Budget and Policy Priorities. Way to Work … -
Press Release: 26,000 Illinois Jobs to Disappear on September 30 if U.S. Senate Fails to Extend TANF Emergency Fund
September 2, 2010
As many as 26,000 workers in Illinois could lose their jobs this month if the Senate fails to extend federal funding that allowed the state to create Put Illinois to Work, a highly successful program that subsidizes private- and public-sector jobs for unemployed parents and youth, according to a new report from the Center on Budget and Policy Priorities. Put … -
Walking Away From a Win-Win-Win
September 2, 2010
An emergency jobs program through which 37 states have provided subsidized jobs for nearly 250,000 otherwise unemployed parents and youth — helping families, businesses, and communities across America weather the recession — will end September 30 unless the Senate joins the House in voting to extend it. The TANF … -
Video Clip: CNN Europe cites the Center on State Budget Gap Data
August 31, 2010
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Statement: Chad Stone, Chief Economist, on the July Employment Report
August 6, 2010
Today’s jobs report shows a labor market that is still not generating enough jobs to lower the unemployment rate. Unless job creation picks up dramatically, unemployment will likely remain elevated for some time to come, as it did in the previous two recessions, though at much higher rates this time (see chart). Creating fewer than … -
Podcast: The July Employment Report and What It Means for the Economy
August 6, 2010
The jobs report for July is discussed by Chief Economist, Chad Stone. Duration: 3:01
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July 30 Data Release Will Capture Only a Portion of the Jobs Created or Saved by the Recovery Act
July 29, 2010
On July 30, the Recovery Accountability and Transparency Board will post on its website, www.recovery.gov, data on jobs funded by the American Recovery and Reinvestment Act (ARRA). This data release will capture only a portion of the jobs created and saved by the Act, due to ARRA’s limited reporting requirements. According to the … -
Going, Going, Almost Gone: Job-Creating TANF Emergency Fund Set to Expire
July 26, 2010
The subsidized jobs programs that states have created through the TANF Emergency Fund are a bright spot in an economy that is producing new jobs at a very slow pace, but some of these programs have already stopped taking applications in anticipation of the fund’s September 30 expiration, and … -
Podcast: The Need for Extending the TANF Emergency Fund
July 20, 2010
Dr. LaDonna Pavetti, Director of the Center’s Welfare Reform and Income Support Division, discusses how states are using the TANF Emergency Fund to create jobs – and the need for extending the program.
Duration: 4:35
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Statement: Chad Stone, Chief Economist, as the Senate Nears Approval of Unemployment Insurance
July 20, 2010
The Senate’s move today toward extending the Recovery Act’s extra weeks of jobless benefits for the long-term unemployed will provide much-needed help to almost 3 million unemployed workers and a boost to the economy, since those workers will spend their benefits quickly … -
Statement: Chad Stone, Chief Economist, on the June Employment Report
July 2, 2010
The good news in today’s jobs report is that the private sector continued adding jobs in June — though, as expected, the economy lost jobs overall due to the scheduled reduction in temporary census jobs (see chart). The bad news is that private sector job creation must be much … -
Podcast: The June Employment Report and What It Means for the Economy
July 2, 2010
The jobs report for June is discussed by Chief Economist, Chad Stone. Duration: 2:48
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Critics Still Wrong on What’s Driving Deficits in Coming Years
Updated June 28, 2010
The data in this analysis has been updated, but this version has a detailed critique of a misleading report by the Heritage Foundation that places blame for the deficits on rapid growth in Social Security, Medicare, Medicaid, and interest costs, and dismisses the significance of weak revenues in general and the 2001 and 2003 tax cuts in particular. To view the … -
Over 3 Million Low-Income Children in Rural Areas Face Cut in Child Tax Credit if Recovery Act Improvement Expires
June 10, 2010
Issued Jointly With Nearly 3.3 million low-income children with working parents in rural areas will lose important tax benefits if Congress does not extend the Child Tax Credit improvements that the 2009 American Recovery and Reinvestment Act provided for low-income families, as President Obama has proposed. These … -
Podcast: The Recovery Act is Working
June 8, 2010
The latest information showing that the Recovery Act is creating jobs and the need to extend more aid to states is discussed by Senior Policy Analyst, Michael Leachman.
Duration: 3:29
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Podcast: The May Employment Report and What It Means For the Economy
June 4, 2010
The jobs report for May is discussed by Chief Economist, Chad Stone. Duration: 2:33
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Statement: Chad Stone, Chief Economist, on the May Employment Report
June 4, 2010
Today’s jobs report shows a labor market that has turned the corner and is creating jobs but one with a long way to go toward a full recovery from the devastating job losses of 2008-09. The percentage of the population with a job is generally moving in the right direction but remains at a … -
Statement: Nicholas Johnson, Director, State Fiscal Project, on NGA and NASBO's “Fiscal Survey of the States”
June 3, 2010
Today’s “Fiscal Survey of States” from the National Governors Association (NGA) and the National Association of State Budget Officers (NASBO) underscores the urgent need for Congress to extend fiscal relief to states in the pending jobs legislation. Without further assistance, … -
New CBO Report Finds Recovery Act has Preserved or Created up to 2.8 Million Jobs
May 26, 2010
View the most recent version of this report: New CBO Report Finds Hundreds of Thousands of People Still Owe Their Jobs to the Recovery Act Updated May 29, 2012 A new Congressional Budget Office (CBO) report estimates that the American Recovery and Reinvestment Act (ARRA) had preserved or created between 1.2 million and 2.8 million jobs as … -
“YouCut” Vote Mischaracterizes TANF Emergency Fund
May 20, 2010
The description of the TANF Emergency Fund on the House Republicans’ “YouCut” website is fundamentally inaccurate, so the vote by respondents to eliminate the program is essentially meaningless. Despite what the website suggests, the Fund reflects the main tenets that federal … -
Budgetary Concerns Should Not Be An Obstacle to Passing the New Jobs Bill
Revised May 20, 2010
Congress is about to take up a jobs bill that will provide a needed boost to the economic recovery and help people still struggling to find work in a difficult labor market. Senate Finance Committee Chairman Max Baucus and House Ways and Means Committee Chairman Sander Levin today released a summary of … -
Podcast: The April Employment Report and What It Means for the Economy
May 7, 2010
The jobs report for April is discussed by Chief Economist, Chad Stone.
Duration: 3:23
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Statement: Chad Stone, Chief Economist, on the April Employment Report
May 7, 2010
Today’s jobs report contains much encouraging news, but it also reminds us that the economic recovery will have to gather more strength to bring down the unemployment rate. While the economy has been growing since the middle of last year and employers are beginning to add jobs, the … -
TANF Emergency Fund Extension Has Wide Support
May 3, 2010
With the TANF Emergency Fund slated to expire on September 30, public officials and private experts are calling for its extension as part of jobs legislation because it is an important tool to help put Americans back to work. These key individuals include: Mark Zandi, Chief Economist at Moody’s Analytics; Karen Lee, President … -
Failure to Renew Federal Benefits Changes the Map for State Unemployment Insurance Coverage
April 14, 2010
For updated data see: Policy Basics: How Many Weeks of Unemployment Compensation Are Available? Congress’s failure to extend the measures providing extra weeks of unemployment insurance (UI) and subsidized COBRA health insurance coverage for unemployed workers – which President Obama and Congress enacted in the 2009 American … -
Congress Should Act Quickly to Extend UI/COBRA Benefits Through the End of This Year
April 12, 2010
The long-term unemployment rate — the percentage of people in the work force who have been out of work for over half a year and are still looking for a job — reached an unprecedented 4.3 percent of the labor force in March (see the chart). Yet Congress has allowed the Recovery Act measures that provide additional weeks of … -
Extending the TANF Emergency Fund Would Create and Preserve Jobs Quickly and Efficiently
Updated April 6, 2010
The TANF Emergency Fund created by the American Recovery and Reinvestment Act of 2009 (ARRA) has enabled states to create subsidized jobs for TANF recipients and other low-income unemployed individuals and to bolster overall consumer demand by helping states meet the growing need for basic assistance among very poor families … -
Podcast: The March Employment Report and What It Means for the Economy
April 2, 2010
The jobs report for March is discussed by Chief Economist, Chad Stone.
Duration: 2:36
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Statement: Chad Stone, Chief Economist, on the March Employment Report
April 2, 2010
Today’s jobs report provides further evidence that the labor market has stabilized after experiencing its most severe jobs decline since the 1930s. Job losses slowed dramatically after President Obama and Congress enacted the American Recovery and Reinvestment Act in February … -
Extending TANF Emergency Fund Would Help Small Businesses Recover from Recession
March 23, 2010
A provision now added to the small business jobs bill the House is expected to vote on later this week would extend the TANF Emergency Fund, which is set to expire September 30. This provision would help create and preserve jobs, support small businesses, and strengthen overall demand. [1] The Emergency Fund, included in last … -
Governors’ New Budgets Indicate Loss of Many Jobs if Federal Aid Expires
Updated March 8, 2010
States face continued major budget problems, because of the steepest-ever decline in state revenues and the end of most federal Recovery Act assistance halfway through their coming fiscal year. As a result, governors are proposing a new round of deep budget cuts that would increase unemployment and threaten the fragile economic recovery. Without further federal aid, … -
Statement: Chad Stone, Chief Economist, on the February Employment Report
March 5, 2010
Today’s jobs report shows that job losses continued at a moderate pace in February and unemployment remained unchanged at 9.7 percent. While noting that these numbers may include the impacts on hiring and hours worked of the severe winter weather that paralyzed major Northeastern cities in February, the Labor Department said that it could not quantify the impact.… -
Recession Threatens State Health Care Programs
March 4, 2010
In considering “jobs legislation” in the weeks ahead, Congress will decide whether to extend the temporary increase in federal support for state Medicaid programs that last year’s economic recovery legislation provided. Failure to do so would lead to deeper state budget cuts that cost substantial numbers of jobs, as well as … -
Don't Let the Ideal Prevent the Necessary
March 3, 2010
Federal policymakers face two daunting challenges this year with regard to economic and fiscal policy. First, they must enact legislation that will help sustain and accelerate the nascent economic recovery and create jobs more quickly than would occur otherwise. Second, they must show that they are serious about putting the budget on a … -
Additional Federal Fiscal Relief Needed to Help States Address Recession’s Impact
Updated March 1, 2010
States face a serious fiscal problem that could force them to institute additional deep budget cuts and tax increases in 2010, weakening the fragile economic recovery and harming vulnerable children, seniors, and people with disabilities, among others. The federal assistance that states received for their Medicaid programs … -
With 100,000 Newly Created Subsidized Jobs at Stake, It’s Critical to Extend and Expand TANF Emergency Fund as Part of New Jobs Bill
February 26, 2010
The Senate should include President Obama’s proposal to extend for one year and modestly expand the TANF Emergency Fund in the bill it is crafting to respond to historically high unemployment and weak consumer demand. If the Senate fails to include this measure, a program that is providing many unemployed, low-income parents with … -
Creating a Safety Net That Works When the Economy Doesn’t: The Role of the Food Stamp and TANF Programs
February 25, 2010
The Food Stamp Program[1] and the Temporary Assistance for Needy Families (TANF) program have responded very differently to the unprecedented challenges that the current recession, with its high levels of unemployment and rapidly changing economic circumstances, has posed to the nation’s safety net. The Food Stamp Program, a federal … -
Extending TANF Emergency Fund Meets CBO Criteria for Effective Policies to Increase Employment
February 22, 2010
As Congress considers actions to create jobs and boost the economy, one of the most effective steps it could take — on a “bang-for-the-buck” basis — would be to extend and modestly expand the TANF Emergency Fund, set to expire September 30. This fund, created by the American Recovery and Reinvestment Act, is creating jobs at a very low cost. … -
With Long-Term Unemployment at Record Levels, Congress Should Extend Recovery Act’s Unemployment Insurance Provisions Through 2010
February 22, 2010
Unless Congress acts, temporary emergency benefits for unemployed workers will run out at the end of this month. These benefits not only help unemployed workers and their families, but also are one of the most effective ways to boost the nascent economic recovery. The American Recovery and Reinvestment Act (ARRA), enacted a year ago, provided additional weeks of … -
Getting the Facts Straight
February 17, 2010
Some of President Obama’s critics and political opponents have launched a line of argument that Obama is mostly to blame for the large federal budget deficits projected for the coming decade and that his Administration’s role in swelling deficits and debt dwarfs that of the previous administration. [1] The critics cite what they … -
Failure to Extend Improvements in Child Tax Credit Would Harm Millions of Low-Income Working Families
February 16, 2010
The American Recovery and Reinvestment Act of 2009 (ARRA) expanded the child tax credit to reach many low-income working families who previously were excluded from it and boosted the credit for many more such families who were receiving only a fraction of the full credit. This action helped millions of children whose parents are child care … -
Statement: Robert Greenstein, Executive Director, on Baucus-Grassley "HIRE" Act
February 11, 2010
The Baucus-Grassley “HIRE” Act recognizes the need for further steps to boost the economy and create jobs beyond what Congress enacted last year in the American Recovery and Reinvestment Act (ARRA). It falls short of what’s needed, however, because it lacks additional fiscal relief for hard-pressed states and provides an inadequate extension of … -
Statement: Chad Stone, Chief Economist, on the January Employment Report
February 5, 2010
Today’s jobs report shows that job losses have slowed to a trickle compared with what they were in the months just before President Obama and Congress enacted the American Recovery and Reinvestment Act (ARRA) last February. But it also highlights the huge jobs deficit that remains the legacy of the longest and most severe recession since the Great Depression. … -
President's Budget Requests $266 Billion to Support Economic Recovery
February 5, 2010
In light of the still tenuous nature of the economic recovery, President Obama’s budget request of $266 billion for temporary provisions to support and speed economic recovery is necessary, reasonably sized, and well targeted.[1] Some news outlets, focusing on the budget’s $100 billion for a new “jobs initiative,” have reported that the budget … -
January 30 Data Release Will Capture Only a Portion of the Jobs Created or Saved By the Recovery Act
January 29, 2010
On January 30, the Recovery Accountability and Transparency Board will post on its website, www.recovery.gov, data on jobs funded by the American Recovery and Reinvestment Act (ARRA). This data release will capture only a portion of the jobs created and saved by the Act, due to ARRA’s limited reporting requirements. According … -
Podcast: The December Employment Report and What It Means for the Economy
January 8, 2010
The jobs report for December is discussed by Chief Economist, Chad Stone.
Duration: 3:21
