Unemployment and the most recent jobs report. Plus: falling home prices, state budget transparency, family leave, healthcare, early education

December 5, 2008 | Alex Stone

Jobless Rate Soars to 6.7% in November: With the economy deteriorating rapidly, the nation’s employers shed 533,000 jobs in November, the 11th consecutive monthly decline, the government reported Friday morning, and the unemployment rate rose to 6.7 percent.

Workers Give Up: How bad was today’s jobs report? The unemployment rate rose to 6.7 percent, its highest level since 1993 — and that understated the weakness in the labor market.

King County home prices fall 9% in November: November was a month marked by much economic uncertainty, but one thing is now certain. With home sales and prices down, it was not the month when the slumping real-estate market turned a corner. Far from it.

Learn more about Washington state’s budget: The Legislative Evaluation and Accountabilty Program committee teamed up with the Office of Financial Management (the governor’s budget office) to put this site together. The objective is to make Washington’s budget more transparent.

Questions and Answers about the FAMILY AND MEDICAL LEAVE ACT: The Sloan Work and Family Research Network has prepared fact sheets which provide statistical answers to some important questions about work-family and work/life issues. Also click here to read EOI’s updated Family Leave Insuance fact sheet specifically for Washington state.

Governor promotes funding for statewide healthcare initiatives: In Anchorage today, Governor Sarah Palin signed a new administrative order creating the Alaska Health Care Commission and talked up plans for funding increases to Denali Kid Care and other health initiatives.

Congress already has a good plan for healthcare overhaul: If business leaders, insurers and consumer groups have their way, health-care reform will not wait for the national economy to right itself. Representatives of a wide range of interest groups have been converging on Capitol Hill and meeting with President-elect Obama’s transition team in recent days, making the case for a quick, comprehensive overhaul of the nation’s health-care system.

Business leaders optimistic about local economic recovery: The roughly 150 attendees at Cowlitz County’s annual economic summit Wednesday night weren’t treated to much good news. They heard that local governments are facing tough budget cuts, the housing market has cooled and healthcare costs are expected to rise.

The economic crisis hits early education: What effect has the economic downturn had on early childhood educators across the nation? Click here to find out.

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Posted in Early Learning, Education, Health Care, State Economy, Tax and Budget, Work & Family

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