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...months. Unlike the Family and Medical Leave Act (FMLA), COBRA does not require the employer to pay the cost of providing continuing coverage. Instead, it allows employees and their dependents to maintain coverage at their own expense by paying the full price of the premium plus an administration fee. The Joint Committee on Taxation, a non-partisan group focused on government finance, estimates the existing nine-month Cobra subsidy program has helped provide health care coverage to approximately 7 million Americans in 2009 at a cost of $24.7 billion...

Author: /time Magazine | Title: Waiting for Reform: The Unemployed Get a Health Care Gift | 12/24/2009 | See Source »

...late October, the Mondragon Corp. and the million-plus-member United Steelworkers (USW) union announced an alliance to develop Mondragon-type manufacturing cooperatives in the U.S. and Canada. Says USW's Rob Witherell: "Initially we are looking to convert an existing manufacturing operation." As for financing new ventures, he adds, "There's a significant amount of infrastructure already in place in the U.S. to assist in the development of cooperatives, such as the National Cooperative Bank and the National Cooperative Business Association. It's possible the NCB could function in a Caja Laboral ... role for us here...

Author: /time Magazine | Title: In Cleveland, Worker Co-Ops Look to a Spanish Model | 12/22/2009 | See Source »

...have jobs but have looked in the past four weeks are classified as unemployed. After some statistical adjustments to extrapolate the data from those 60,000 households to the total U.S. population, the number of unemployed is divided by the size of the labor force (employed plus unemployed), and there's your rate. Measured that way, unemployment still isn't as bad as it was at the lowest point of the 1981-82 recession, when it hit 10.8%. And it's nowhere near what it was in 1933, when the rate peaked somewhere around...

Author: /time Magazine | Title: The Real Jobless Rate | 12/21/2009 | See Source »

...aware of this, and since the 1970s the BLS has published broader measures of unemployment that include at least some of these people. In 1994 the broadest measure - which counts as unemployed those who have looked for work in the past year but not the past four weeks, plus part-time workers who would rather be working full time - was dubbed U-6 unemployment. During this recession, it has gotten far more attention than ever before. U-6 unemployment was at 17.2% in November, down from 17.5% the month before and up from 8.4% two years ago. These figures aren...

Author: /time Magazine | Title: The Real Jobless Rate | 12/21/2009 | See Source »

...page from Le Pen's playbook as the best way for Sarkozy to woo FN voters to his camp ahead of the March elections, just as he did in 2007 when his presidential campaign took up anti-immigration and law-and-order platforms to win over far-right voters. Plus, Besson has argued, if you steal FN voters, you will eventually kill the party. (See pictures of the French cracking down on migrants...

Author: /time Magazine | Title: Sarkozy Stands By France's Hated Immigration Minister | 12/21/2009 | See Source »

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