Why the Lousy Jobs Report Boosted Wall Street

Robert Reich / Truthdig Feb 10, 2014 How can bad news on Main Street (only 113,000 jobs were created in January, on top of a meager 74,000 in December) cause good news on Wall Street? Dig deeper ( 2 Min. Read )

Winners and Losers of the November Jobs Report

Alexander Reed Kelly / Truthdig Dec 9, 2013 Transportation and warehouse companies have added jobs, factory employees exceeded 12 million people for the first time in four years, the elderly are seeking work, pay remains stagnant at the bottom, and the long-term unemployed are still screwed. Dig deeper ( 2 Min. Read )

‘Another Phony Jobs Report From a Government That Lies About Everything’

Alexander Reed Kelly / Truthdig Jun 8, 2013 The 179,000 jobs created in May and boasted about by the Obama administration are no more than "the usual lowly paid non-exportable domestic service jobs -- the jobs of a third world country," former Assistant Treasury Secretary Paul Craig Roberts writes. Dig deeper ( 2 Min. Read )

‘Left, Right & Center’: Two Economies, Syria and Second Term Woes

Staff / Truthdig May 4, 2013 Truthdig Editor-in-Chief Robert Scheer and the other "Left, Right & Center" panelists ask, in the context of the new jobs report, whether the U.S. has two economies. Also, Florida GOP Sen. Marco Rubio wants immigration reform and President Obama does also, so what will it take to get it passed? Dig deeper ( 1 Min. Read )

A 7.5 Percent Jobless Rate Means the McRecovery Continues

Alexander Reed Kelly / Truthdig May 3, 2013 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. Dig deeper ( 1 Min. Read )

The Big Economic Stall

Robert Reich / Truthdig Apr 7, 2013 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. Dig deeper ( 2 Min. Read )

‘Left, Right & Center:’ A Dismal Jobs Report and the Morning After Pill

Staff / Truthdig Apr 6, 2013 Truthdig Editor-in-Chief Robert Scheer and the other "Left, Right & Center" panelists discuss the depressing jobs report, unrestricted birth control, California Attorney General Kamala Harris' looks and Social Security. Dig deeper ( 1 Min. Read )

‘Left, Right & Center’: A Tale of Two Economies, Obama’s Charm Offensive

Alexander Reed Kelly / Truthdig Mar 9, 2013 Truthdig Editor-in-Chief Robert Scheer and the other "Left, Right & Center" panelists ask whether the new jobs being added match the ones that are lost. Should we mourn a permanent decline in the middle class? Accept it and train for it? Should we cheer the recent economic growth, or fear another crash? Dig deeper ( 1 Min. Read )

The Latest Jobs Report and Why the Recovery Has Stalled

Robert Reich / Truthdig Feb 2, 2013 We are in the most anemic recovery in modern history, yet our political leaders in Washington aren’t doing squat about it. Dig deeper ( 4 Min. Read )

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

Robert Reich / Truthdig Dec 9, 2012 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. Dig deeper ( 2 Min. Read )

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

Robert Reich / Truthdig Nov 2, 2012 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.The two most important trends confirmed in Friday’s jobs report: (1) jobs slowly continue to return, and (2) those jobs are paying less and less. Dig deeper ( 3 Min. Read )

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

Tracy Bloom / Truthdig Nov 2, 2012 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. Dig deeper ( 1 Min. Read )