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Minimum-Wage Families May Not Get Child Credit Let's talk about a subject of sore eyes, as many of us know by now that the recent tax cut that usually helps out the poor or the low income is not going to happen. It is more directed to the high income person or family. In this research I used the following website the http//www.cwa-union.org/news (Communications Workers of America, AFL, CIO, and CLC) As stated in this article that was states that President Bush and his cabinet at the last-minute revision by Republican leaders in the House and Senate means that the $400 rebate check that most families with children will get this summer wont go to the lowest-income working parents. Because of the formula for calculating the credit, most families with incomes from $10,500 to $6,65 will not benefit, according to the Times story. The Center on Budget and Policy Priorities, a liberal group, says those families include 11. million children, or one of every six children under 17.
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Now as many of we can really use the $400 dollar rebate check, but due to the revision many low income families will not benefit. Now we can tell that this really hurts as in many issues that the Republican Party is doing and is trying to get into our pockets and stop our overtime. Is it enough that they stop the rebate checks, that now they want to go into our overtime pay. As I was reading through this website I also found more interesting issues that really is disturbingThis trend that has been going on is very disturbing that while the economy and work force is the worst ever, the Republican Party still wants to take away from the hard low income families accept given them warmth, they manipulate and destroy. This is all personal thinking. Labor Trends UNEMPLOYMENT RATE & STATISTICS I also wish to talk about the unemployment trend. As many of us know that the unemployment has been very shady in the past and present. Many of know that if you have a job, just pray that you still have one next morning. Due to the way everything is going on many of us know that these times are hard and if you have a job just be glad that you still have one. As many of now know that the unemployment rate is 6., but as the Washington Times said that they are half a million Americans that have stopped looking for work, So to me that sound people are just getting frustrated with the economy and tired of being turned down. With this the Bush administration has said they will not rest to every one looking for work will find one. And to me that is good, but As I was doing my research and pulling up statistics from the Department of Labor (www.dol.gov) I asked for some statistics and found out that the groups that are with out work are the Blacks and the Hispanic they have the highest percentage I have seen the Blacks or African American is 11.1% and the Hispanics is 8.% while the Whites are 5.5% now this tell allot that the American public is hiring more Whites rather than any other ethnic group. You can visit this site http//www.bls.gov/news.release/empsit.toc.htm to see the current statistics on unemployment. I guess the Law on Equity is really not happening due to the statistics is very hard for anyone who is not white to get a job, but I guess that is just an opinion, but numbers and the facts do calculate that. I have furnished some charts so you can see the latest statistics. Labor Trends 4 Data extracted on August 4, 00 (154 AM) Labor Force Statistics from the Current Population SurveySeries Id LNS1400001Seasonal AdjustedSeries title (Seas) Unemployment Rate - 16-1 yrs.Labor force status Unemployment rateType of data PERSON COUNTS (NULL)Age 16 to 1 yearsYear Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual1 1. 1.7 1.7 1.5 1.8 1. 18.4 18.4 18. 18.7 18.5 17. 14 18. 18.0 18.0 1.1 18.0 17.6 17.6 17. 17.5 17.5 15.6 17.0 15 16.5 17.4 16.1 17.5 17.5 17.1 18. 17. 17.6 17.4 17.5 18.0 16 17.7 16.8 17.1 17.1 16.8 16. 17.1 16.8 15.6 16. 16.8 16.6 17 16.8 17.1 16.4 15. 16.0 16.8 17.1 16.1 16.1 15.1 14.8 14.0 18 1. 14.5 14.8 1.5 14.8 14. 14.6 14.7 15.0 15.7 14.7 1.5 1 15. 14.0 14. 14. 1. 14.0 1.5 1.1 14.8 1.8 1.8 1. 000 1.6 1.8 1.4 1.6 1. 1.4 1.5 1. 1.1 1.7 1. 1.0 001 1.6 1.7 1.8 14.1 1.6 14.4 14.6 15.5 15.1 15. 15.8 16.7 00 16. 16.0 16.6 16. 17.0 16. 17.0 16. 16. 15.1 16.8 16.4 00 16.8 17.1 17.7 18.0 18.5 1. 18.4 Series Id LNS1400005Seasonal AdjustedSeries title (Seas) Unemployment Rate - 0 yrs. & over, MenLabor force status Unemployment rateType of data PERSON COUNTS (NULL)Age 0 years and overSex MenYear Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual1 6.7 6.6 6.8 6.6 6.5 6.6 6.5 6. 6. 6. 5. 5. 14 6.0 6.0 5.8 5.6 5. 5. 5.5 5.4 5.1 5.1 4. 4.7 15 4. 4.6 4.7 4. 5.0 4.8 4.8 4. 4.8 4.6 4. 4. 16 4.8 4. 4. 4. 4.8 4.6 4.6 4. 4.5 4. 4.5 4. 17 4.5 4.4 4.4 4. 4.0 4. 4.0 4.0 4.0 4.0 . 4.1 18 .8 .7 . .5 .6 .7 . .7 .8 .6 .5 .6 1 .5 .6 . .4 .6 .5 .6 .6 .5 .5 . . 000 . .4 . .1 . . . . . .4 .4 .4 001 .5 .6 .7 . . 4.0 4.1 4.4 4.4 4.8 5.1 5.1 00 5.1 5.0 5. 5. 5. 5.4 5. 5. 5. 5.4 5.6 5.6 00 5.4 5. 5. 5.6 5. 6.1 5. Labor Trends 5 Series Id LNS1400006Seasonal AdjustedSeries title (Seas) Unemployment Rate - 0 yrs. & over, WomenLabor force status Unemployment rateType of data PERSON COUNTS (NULL)Age 0 years and overSex WomenYear Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual1 6. 6.1 5.8 6.1 6.0 6.0 5. 5.8 5.8 5. 5.8 5.8 14 5.8 5.7 5.8 5.6 5.4 5.4 5. 5. 5. 5.0 5.1 4.8 15 4. 4.8 4.8 5. 4.8 5.0 5.0 5.0 4. 5.0 4.8 4.8 16 5.0 4.8 4.7 4.8 4. 4.7 4. 4.7 4.6 4.8 4.8 5.1 17 4.6 4.7 4.6 4.4 4.5 4.4 4. 4. 4.4 4. 4.0 4. 18 4. 4. 4. 4.0 . 4.0 . 4.0 4.0 4.1 4.0 . 1 .8 . . 4.0 .6 .8 . .7 .7 .6 .7 .6 000 .7 .5 .7 .5 .7 .7 .7 .8 .5 .4 .4 .4 001 .6 .6 .6 .7 .8 . 4.0 4. 4.5 4.7 4. 5. 00 4.8 5.0 5.0 5. 5. 5.1 5.1 5.0 5.0 5. 5.0 5. 00 4.7 5.0 5.0 5.1 5.1 5. 5. Series Id LNS1400000Seasonal AdjustedSeries title (Seas) Unemployment Rate - WhiteLabor force status Unemployment rateType of data PERSON COUNTS (NULL)Age 16 years and overRace WhiteYear Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual1 6. 6. 6.1 6.1 6. 6. 6.1 6.0 5. 6. 5.7 5.8 14 5.7 5.7 5.7 5.6 5. 5. 5. 5. 5.1 5.0 4.8 4.8 15 4.8 4.7 4.7 5.0 5.0 4. 4. 4. 4. 4. 5.0 4. 16 4. 4.8 4.8 4.8 4. 4.6 4.7 4.4 4.5 4.5 4.6 4.6 17 4.5 4.5 4.4 4. 4.1 4. 4. 4. 4. 4.1 . . 18 4.0 . 4.0 .7 .8 . .8 . . . .8 .8 1 .8 .8 .6 .8 .7 .8 .7 .7 .6 .5 .5 .5 000 .4 .5 .5 .4 .5 .4 .5 .6 .5 .4 .5 .5 001 .6 .7 .7 . .8 4.0 4.1 4. 4. 4.7 5.0 5.1 00 5.0 4. 5.0 5. 5. 5. 5. 5.1 5.1 5.1 5. 5.1 00 5.1 5.0 5.1 5. 5.4 5.5 5.5 Labor Trends 6Series Id LNS14000006Seasonal AdjustedSeries title (Seas) Unemployment Rate - Black or African AmericanLabor force status Unemployment rateType of data PERSON COUNTS (NULL)Age 16 years and overRace Black or African AmericanYear Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual1 14.1 1.5 1.7 14.0 1.1 1.4 1.7 1. 1.5 11.8 1.6 11.7 14 1.1 1.8 1.4 11. 11.7 11. 10. 11. 10.6 11. 10.8 . 15 10. 10.1 .7 10.7 10.0 10.7 10. 11.1 11.1 10.0 .7 10. 16 10.6 10.0 10.6 10.7 10. 10.4 10.6 10.6 10.6 10.7 10.6 10.5 17 10.8 10.7 10.5 10. 10. 10.8 .5 .4 .5 .5 .5 10.0 18 .4 . . .1 8. 8.8 .5 8.8 .1 8.6 8.6 7.7 1 7.7 8. 8.0 7.8 7.4 7.7 8.7 7.8 8.6 8.4 8.0 7.8 000 7. 7.8 7. 7.0 7.8 7.8 7.7 7. 7.4 7.4 7. 7. 001 8. 7.5 8. 8.0 7. 8.4 8.1 . 8. .6 .8 10.0 00 .8 .7 10.4 10.8 10.1 10.6 . . .8 . 10.8 11. 00 10. 10.5 10. 10. 10.8 11.8 11.1 Series Id LNS1400000Seasonal AdjustedSeries title (Seas) Unemployment Rate - Hispanic or LatinoLabor force status Unemployment rateType of data PERSON COUNTS (NULL)Age 16 years and overEthnic origin Hispanic or LatinoYear Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Annual1 11. 11.5 11. 11.0 10. 10.4 10.7 .8 10.0 11.4 10.5 10.6 14 10.5 10.1 . 10.8 .6 10. 10.1 .8 10.1 .5 8. . 15 10. .0 8. 8. .8 .1 8.8 .6 .1 .4 .5 . 16 .4 .6 .6 .6 .6 8.8 8.8 8.8 8. 8.0 8.5 7.4 17 8.4 8. 8. 8. 7.7 7.5 7. 7. 7.4 7.8 7.0 7. 18 7.1 6. 6. 6.7 6. 7.4 7. 7.4 7. 7. 7.1 7.7 1 6.7 6.7 5.7 6. 6.7 6.6 6.5 6.5 6.8 6.4 6.0 5.8 000 5.6 5.7 6.0 5.5 5. 5.6 5. 5. 5.8 5.1 6.0 5.7 001 5.8 6.1 6. 6. 6. 6.7 6. 6.5 6.7 7.1 7. 7.7 00 7.7 7.0 7. 7. 7.1 7.4 7.5 7.6 7.5 7.8 7.8 7. 00 7.8 7.7 7.5 7.5 8. 8.4 8.
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