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Reporter Who Brought Down the 'Runaway General' Dead at 33

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The U.S. Military and the Unraveling of Africa

Greenland's Great Melt Is Pinned on Climate Change

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 * NEW! * Greenland’s Great Melt Is Pinned on Climate Change



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Tag: Unemployment

Unemployment vs. Economic Growth in the Philippines

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Posted on Jun 18, 2013 READ MORE


2013 High School Graduation

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Posted on Jun 7, 2013 READ MORE



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Wisconsin Republicans Push for State Access to Bank Accounts of Unemployed

The party of limited government is now pushing for legislation that would allow the government to sneak a peek at some people’s private bank accounts.

Posted on May 31, 2013 READ MORE


Millennials Graduate

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Posted on May 21, 2013 READ MORE


Repubarians

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Posted on May 20, 2013 READ MORE


Graduation

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Posted on May 18, 2013 READ MORE



Bytemarks (CC BY 2.0)

Extend Their Benefits and They Still Take Jobs

New research from the Federal Reserve Bank of San Francisco shows that long-term jobless people whose unemployment benefits were extended at the start of the recession did not become unwilling to work.

Posted on May 9, 2013 READ MORE



Flickr/401(K) 2013

The Real Cost of Austerity

A new study paints a sobering picture of the negative consequences austerity is having on the U.S. economy (and shows once more that New York Times columnist Paul Krugman, a consistent voice against austerity, is right).

Posted on May 7, 2013 READ MORE



Keoni Cabral (CC BY 2.0)

A 7.5 Percent Jobless Rate Means the McRecovery Continues

The U.S. economy appears to have added just enough jobs in April to keep pace with population growth, and the new positions are low wage and mostly nonunion.

Posted on May 3, 2013 READ MORE



goingslo (CC BY 2.0)

A Recovery for the Piggies, Not You

The economic crisis “ended only for the top 7 percent of households that have substantial holdings of stocks and bonds,” former Reagan Assistant Secretary of the Treasury Paul Craig Roberts writes. “The other 93% of the American population is still in recession.”

Posted on May 1, 2013 READ MORE



Capitol Hill image via Shutterstock

Earth to Washington: Repeal the Sequester

What is Washington doing to fix the economy? Worse than nothing. It has now adopted the same kind of austerity economics that’s doomed Europe—cutting federal spending and reducing total demand. And the sequester doesn’t end Sept. 30. It takes an even bigger bite out of the federal budget next fiscal year.

Posted on Apr 29, 2013 READ MORE


Failed Matador

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Posted on Apr 29, 2013 READ MORE



Twitter/ Niraj Chokshi

Congress Couldn’t Care Less About Unemployment

Only four lawmakers were in attendance at a congressional hearing about the important issue Wednesday.

Posted on Apr 24, 2013 READ MORE



AP/Francisco Seco

Krugman: Our ‘Worst Fears’ About Long-Term Unemployment Damage Are Being Confirmed

As lawmakers on both sides of the aisle spend copious amounts of time on their seemingly futile quest to reach an agreement about how to deal with the nation’s burgeoning debt, there’s an even bigger economic problem in the U.S.: unemployment.

Posted on Apr 22, 2013 READ MORE



Mel R (CC BY-ND 2.0)

The Part-Time Jobs Crisis

Americans stuck in part-time work take little comfort in news that the nation has added jobs for 30 consecutive months.

Posted on Apr 20, 2013 READ MORE


Taxes

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Posted on Apr 16, 2013 READ MORE



David Blackwell. (CC BY 2.0)

Austerity Inflicts Brain Drain on Greece

More than 100,000 unemployed professionals have left Greece amid a shrinking economy and a lack of jobs to seek better opportunities abroad in a trend that will dramatically impact the country for generations.

Posted on Apr 11, 2013 READ MORE



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The Big Economic Stall

Perhaps the most disturbing aspect of all this is that we’re in the fifth year of a supposed economic recovery from the second-worst economic downturn of the past century, and we’re still not nearly back on track. Instead, we’ve had the most anemic recovery in history.

Posted on Apr 7, 2013 READ MORE


America’s Intersection

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Posted on Apr 4, 2013 READ MORE



Presidential Con Artist

George W. Bush’s paintings do not reveal anything about the Iraq War, despite our wishing that they did; absurdly, the main argument against gay marriage is the state’s supposed need to regulate procreation; meanwhile, the entire Senate voted against Social Security cuts and the media said nothing. These discoveries and more after the jump.

Posted on Mar 27, 2013 READ MORE


Economic Recovery

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Posted on Mar 19, 2013 READ MORE



Carl Loven (CC BY 2.0)

What Drop in Unemployment?

Despite the Bureau of Labor Statistics’ report that U.S. unemployment fell to 7.7 percent in February, the real jobless rate stands at 23 percent.

Posted on Mar 14, 2013 READ MORE


The Contest Over the Real Economic Problem

The biggest problems we face are unemployment, stagnant wages, slow growth and widening inequality—not deficits. The major goal must be to get jobs and wages back, not balance the budget.

Posted on Mar 14, 2013 READ MORE


Pulling the Rug

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Posted on Mar 12, 2013 READ MORE



Flickr / Abeeeer (CC-BY)

Why There’s a Bull Market for Stocks and Bear Market for Workers

On Tuesday the Dow Jones Industrial Average rose above 14,270. The stock market is basically back to where it was in 2000, while corporate earnings have doubled since then. Yet the real median wage is now 8 percent below what it was then and unemployment remains sky-high. Why is the stock market doing so well, while most Americans are doing so poorly? Here are four reasons. 

Posted on Mar 6, 2013 READ MORE



Don Hankins (CC BY 2.0)

Shortchanged Workers Fuel the Missing Recovery

“Today the stock market is high not from profits from expanding sales revenues, but from labor cost savings,” former Reagan Treasury Secretary Paul Craig Roberts writes in CounterPunch.

Posted on Mar 6, 2013 READ MORE


Minimum Wage

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Posted on Mar 6, 2013 READ MORE


Big Dow Jones

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Posted on Mar 6, 2013 READ MORE


Homeless Chain

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Posted on Mar 2, 2013 READ MORE


Oscar News

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Posted on Feb 25, 2013 READ MORE



Flickr/Steel Wool

Why Many in Washington Don’t Have Half a Brain

With consumers and government both spending less, businesses won’t hire more workers; they’ll fire more workers. That’s likely to happen in coming months. Anyone with half a brain should be able to understand all this. But apparently many in Washington don’t have half a brain.

Posted on Feb 24, 2013 READ MORE



Flickr/DonkeyHotey

The Biggest Republican Lie

Senate Minority Leader Mitch McConnell says that chamber’s Republicans will unanimously support a balanced-budget amendment, to be unveiled Wednesday as the core of the GOP’s fiscal agenda.There’s no chance of passage so why are Republicans pushing it now?

Posted on Feb 13, 2013 READ MORE



HowardLake (CC BY-SA 2.0)

Barclays to Ax Thousands of Jobs

The new chief executive of the British bank is aiming to clean up his scam-ridden operation by dropping 3,700 employees from its structured capital markets unit and other offices.

Posted on Feb 12, 2013 READ MORE



Flickr / edEx

The Latest Jobs Report and Why the Recovery Has Stalled

We are in the most anemic recovery in modern history, yet our political leaders in Washington aren’t doing squat about it.

Posted on Feb 1, 2013 READ MORE


Globalization

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Posted on Feb 1, 2013 READ MORE



Flickr/401(K) 2013

Why Consumers Are Bummed Out

The Conference Board reported Tuesday that the preliminary January figure for consumer confidence in the U.S. fell to its lowest level in more than a year. So why are consumers so glum? Because they’re deeply worried about their jobs and their incomes—as they have every right to be.

Posted on Jan 30, 2013 READ MORE


Why Jobs Must Be Our Goal Now, Not Deficit Reduction

The news Friday from the Bureau of Labor Statistics is that the U.S. job market is treading water. The number of new jobs created in December (155,000), and percent unemployment (7.8), were the same as the revised numbers for November.

Posted on Jan 4, 2013 READ MORE


Jobless Elf

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Posted on Dec 17, 2012 READ MORE


Financial Assistance

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Posted on Dec 17, 2012 READ MORE



Joe Crimmings Photography (CC BY-ND 2.0)

Weaker Social Networks a Cause of Black Unemployment, Study Finds

Fresh research has convinced scholars that even with progress in education, the black jobless rate in the United States remains twice that of whites because whites are typically better connected to people who can make introductions and are more likely to hear about job opportunities.

Posted on Dec 15, 2012 READ MORE



Flickr/tiseb

Why the Fed’s Jobs Program Will Fail

For the first time, the Federal Reserve has explicitly linked interest rates to unemployment. Rates will remain near zero “at least as long” as unemployment remains above 6.5 percent and if inflation is projected to be no more than 2.5 percent.

Posted on Dec 13, 2012 READ MORE



Flickr/Earlham College

Ground Zero in the Land of Opportunity

Right at the point when they are most needed, our second-chance institutions are being severely threatened. Across the country, community colleges, adult schools and literacy programs are reporting record enrollments at the same time they have to trim staff, classes and services.

Posted on Dec 12, 2012 READ MORE



The Metaphorical ‘War on Drugs’ Gets All Too Real

As the “war on drugs” becomes increasingly militarized and violent, the symbolic phrase has become a bloody truth; more than 60 percent of Americans say that discrimination against the LGBT community is a serious issue; meanwhile, the NYPD thanks Occupy Wall Street for its help after Hurricane Sandy, albeit off the record. These discoveries and more after the jump.

Posted on Dec 10, 2012 READ MORE



Flickr/StockMonkeys.com

Latest Job Numbers Show Why Job Creation Must Take Precedence Over Deficit Reduction

Friday’s jobs report demonstrates an economy that’s still moving in the right direction but way too slowly, which is why Washington’s continuing obsession with the federal budget deficit is insane. Jobs and growth must come first.

Posted on Dec 9, 2012 READ MORE



r-z (CC BY 2.0)

Krugman: ‘America Is Not Facing a Fiscal Crisis’

No, says the Nobel Prize-winning economist, who must be hoarse from repeating the same thing for the last four years: The United States is facing a jobs crisis, one that costs the savings, homes and dreams of millions of Americans and about $900 billion a year in lost productivity.

Posted on Dec 7, 2012 READ MORE



bruceeg1001 (CC BY-SA 2.0)

Citigroup to Cut 11,000 Jobs

The megabank announced the slashing of 4 percent of its workforce as a report telling of Hurricane Sandy’s negative impact on economic growth was published.

Posted on Dec 5, 2012 READ MORE


unemployment office
Flickr / clementine gallot (CC-BY)

More Jobs, Lousy Wages, and the Desertion of Non-College White Men From the Democratic Party

The two most important trends, confirmed in Friday’s jobs report from the Bureau of Labor Statistics, are that (1) jobs slowly continue to return, and (2) those jobs are paying less and less.

Posted on Nov 2, 2012 READ MORE



Flickr/edEx

171,000 Jobs Added in October but Unemployment Rate Ticks Up

The nation’s jobless rate ticked up in October, even as employers added 171,000 workers to their payrolls, according to the latest jobs report—the last one before Election Day.

Posted on Nov 2, 2012 READ MORE


Why Friday’s Unemployment Report Should Be Taken With a Grain of Salt

In truth, no one should vote based on this batch of jobs numbers because a single month’s report isn’t a reliable gauge of which way the economy is heading.

Posted on Nov 1, 2012 READ MORE



chrispyworld (CC BY-ND 2.0)

Eurozone Jobless Rate Hits New High

Unemployment in the eurozone has climbed to nearly 18.5 million people across 17 countries, with 146,000 people joining the ranks of the jobless just last month, The Guardian reports.

Posted on Oct 31, 2012 READ MORE


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