Staff / TruthdigFeb 17, 2011
On Wednesday, newly released minutes from the Federal Reserve's late-January meeting reflected a more optimistic stance vis-à-vis the next phase of the U.S. economy, but unfortunately, the slightly brighter outlook didn't extend to the Fed's take on the job market. Dig deeper ( 1 Min. Read )
Staff / TruthdigJun 8, 2010
There are economic indicators that we want to be on the high end of the scale, but unemployment isn't one of them Unfortunately, according to Federal Reserve Chairman Ben Bernanke, the US unemployment rate (continued) . Dig deeper ( 1 Min. Read )
Staff / TruthdigFeb 4, 2010
Just a day after their motivational session with President Barack Obama, Senate Democrats got back to the task of regaining some lost political capital, making a bid to better their situation and that of out-of-work Americans by introducing a job-creation package -- on the same day, the Los Angeles Times noted, that Massachusetts Sen.-elect Scott Brown was to be sworn in. Dig deeper ( 1 Min. Read )
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Staff / TruthdigDec 4, 2009
President Obama laid out what he believes his administration has been doing to deal with the employment crisis in America thus far and hinted at forthcoming developments in his plan to create more jobs. During a press conference Thursday he tried to take some of the heat off his administration by stating, "Ultimately, true economic recovery is only going to come from the private sector." Dig deeper ( 1 Min. Read )
Staff / TruthdigSep 9, 2009
A report released by the Federal Reserve on Wednesday gave some indications that, for half of the districts tracked by the Fed and for certain markets, the American economy is slowly starting to revive from its near-death experience last fall. Dig deeper ( 1 Min. Read )
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