The share of unemployed American men age 25 to 54 has more than tripled since the 1960s. Many want to work, but the wages paid by what few jobs are available don't support a desirable quality of life.
A recent report by the Bureau of Labor Statistics found that more than one in four American males taking part in a longitudinal study had endured at least one period of extended unemployment during their working lives.
Tennessee, Louisiana and Illinois are the worst states for the jobless. 24/7 Wall St. breaks them and seven other states down by unemployment rate, job growth and the percentage of unemployed who are receiving benefits.
So much for the American dream. Based on new survey data released exclusively by The Associated Press, it appears that economic insecurity is becoming the new norm in the U.S.
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.
The recession has left tens of thousands of young people with inadequate or no jobs struggling to find a home, even if they possess college credits or work histories.
We’re still crawling out of the deep crater we fell into in 2008 and 2009. The percent of the working-age population now working or actively looking for work is higher than it was, but still near a 30-year low. But at least we’re crawling out.
Economics reporter David Cay Johnston takes an accounting of American wages, personal debt, national income from manufactured exports and tax revenue both today and 10 years ago, and concludes the U.S. needs a new set of fiscal policies.
The first month of 2012 turned out to be the best in three years in terms of the ongoing unemployment crisis in the U.S. Although 8.3 percent is nothing to get too excited about, it was supposed to tally up at 8.5 percent for January, so we'll take it.
This study by Indiana University's School of Public and Environmental Affairs examines the impact of the Great Recession and its aftermath on poverty in America.