The number of long-term unemployed (those jobless for 27 weeks or more) increased by 203k in February to 3.8 million
President Obama on Thursday authorized the Treasury Department to impose sanctions against “individuals and entities” who are responsible for Russia’s military takeover in Crimea or are responsible for “stealing the assets of the Ukrainian people.”
The financial measures, and a separate ban on U.S. visas, are part of the administration’s efforts to squeeze Russia into pulling back its troops in Crimea, the autonomous, pro-Russian region of Ukraine that does not recognize the country’s new, Western-backed leadership.
The U.S actions came as European Union leaders gathered in Brussels to consider similar measures. “Our international unity is on display at this important moment,” Obama said in a statement at the White House.