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Payroll Employment Rises by 280,000 in May 2015; Unemployment Rate Essentially Unchanged (5.5%)

Washington, DC—(ENEWSPF)—June 5, 2015. Total nonfarm payroll employment increased by 280,000 in May, and the unemployment rate was essentially unchanged at 5.5 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, leisure and hospitality, and health care. Mining employment continued to decline.[Read More…]

Remarks by President Obama Honoring the World Series Champion San Francisco Giants

Washington, DC–(ENEWSPF)–June 4, 2015 – 2:25 P.M. EDT                                      THE PRESIDENT:  Hello, everybody!  Have a seat, have a seat.  Welcome to the White House.  For these folks I guess it’s welcome ¬back.  (Laughter and applause.)  This is the third time in the last five years — the World Champion, the[Read More…]

Senator Sanders and Rep. Conyers Propose Youth Jobs Bill

WASHINGTON–(ENEWSPF)–June 4, 2015 – Sen. Bernie Sanders (I-Vt.) today visited an innovative job training site for unemployed youth in the capital city’s Anacostia neighborhood and unveiled legislation with Rep. John Conyers (D-Mich.) to create new jobs. “We cannot continue to ignore the crisis of youth unemployment in America.  We are[Read More…]

Senator Durbin Joins More Than 30 Senators to Urge Consumer Agency to Issue ‘Strongest Possible Rules’ to Stop Predatory Payday Lending

WASHINGTON, D.C. –(ENEWSPF)–June 4, 2015.  As the Consumer Financial Protection Bureau (CFPB) considers new rules to rein in predatory practices in payday and similar types of lending, U.S. Senator Dick Durbin (D-IL) and more than 30 other Senators expressed their support today for the initial steps the agency has taken[Read More…]

Consumer Financial Protection Bureau Orders RPM Mortgage to Pay $19 Million for Steering Consumers Into Costlier Mortgages

RPM CEO Erwin Robert Hirt to Pay Additional $1 Million Civil Penalty WASHINGTON, D.C. –-(ENEWSPF)–June 4, 2015.  Today, the Consumer Financial Protection Bureau (CFPB) filed a complaint in federal district court against RPM Mortgage, Inc. and its CEO, Erwin Robert Hirt, for illegally paying bonuses and higher commissions to loan[Read More…]

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