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Breaking Defense

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unemployment

SAC To Budgeteers: Stop Sequestration, Avoid Another Shutdown

Posted by Sydney J. Freedberg Jr. on


CAPITOL HILL: “That’s a real softball question, so I’ll try to knock it out of the park,” the witness told the senator. There’s a scripted quality to many legislative hearings, but it’s rare to hear the actors break character and admit they’re in a play. The exchange above actually happened, between Rockford, Ill. mayor Larry… Keep reading →

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Senators Suggest Sequester Compromise To Save Two Million Jobs

Posted by Sydney J. Freedberg Jr. on


WASHINGTON [updated 4:30 pm]: At an Aerospace Industries Association event to roll out a new report estimating that sequestration would cost the country more than two million jobs in 2013 — one million from Defense cuts, as previously reported, plus another million from cuts to non-defense agencies — Republican Senator Kelly Ayotte and Democrat Sen.… Keep reading →

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Jobless rate for veterans plunges

Posted by Sydney J. Freedberg Jr. on


NEW YORK (CNNMoney) — More veterans are coming back from war and getting back to work in the civilian job force, thanks to efforts by both employers and the government, as well as the improving economy. The jobless rate for Iraq and Afghanistan veterans has fallen to 7.6%, well below the overall U.S. unemployment rate… Keep reading →

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