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Great Recession

Youth Need Jobs, Hope for the Future

Rev. Jesse Jackson | Posted 06.05.2011 | Business
Rev. Jesse Jackson

Jobs numbers were hailed as good news on Friday, with employers adding more than 200,000 jobs last month, and the unemployment rate ticking down to 8.8 percent. Less attention was given to the downside of these numbers.

Nate C. Hindman

What Happened To Entrepreneurship During The Recession?

HuffingtonPost.com | Nate C. Hindman | Posted 06.09.2011 | Business

They were among the recession's most inspiring stories: laid-off workers who went on to start their own businesses rather than dropping out of the lab...

The Millionaire Migration Myth: Don't Fall for This Anti-Tax Scare Tactic

Carl Davis | Posted 05.31.2011 | Business
Carl Davis

With so many states looking for ways to balance their budgets, why isn't there more interest in finally making the rich pay their fair share?

Bob Herbert: Pouring Money Into Another War, Not Jobs

The New York Times | BOB HERBERT | Posted 05.26.2011 | Politics

So here we are pouring shiploads of cash into yet another war, this time in Libya, while simultaneously demolishing school budgets, closing libraries,...

Individual Age Economics

Andrei Cherny | Posted 01.25.2015 | Politics
Andrei Cherny

America has responded to the enormous challenges the economy faces in the short-term and long-term alike with a complete failure of vision and verve. Each political side frets endlessly about its own version of a nightmarish future ahead.

Obama: I'm Going To Latin America To Discuss Jobs

USA Today | President Barack Obama | Posted 05.25.2011 | Business

In recent weeks, we've seen how turmoil and tragedy around the globe can affect our own prosperity and security; how events abroad often have implicat...

Could You Come Up With An Extra $2000 In 30 Days?

The Huffington Post | Maxwell Strachan | Posted 05.25.2011 | Business

What would you do if you had thirty days to find an extra $2,000? That's the question posed by the Brookings Institute in a recent paper, "Financi...

Jobless Claims Fall To Lowest Level Since July 2008

Posted 05.25.2011 | Business

(Reuters) - New U.S. claims for unemployment benefits fell as expected last week, with the four-week moving average dropping to its lowest level in ...

CHART: When A College Education Doesn't Help You Find A Job

The Huffington Post | Lila Shapiro | Posted 05.25.2011 | Business

Higher education is a huge asset for American workers -- except when it comes to leaving the ranks of the unemployed. The past several years have be...

Gretchen Morgenson: Attorneys General May Be Rushing Proposal for Loan Servicers

nytimes.com | GRETCHEN MORGENSON | Posted 05.25.2011 | Business

ONE crucial reason the nation's mortgage industry ran itself -- and the entire nation -- off the rails was its obsession with speed. Mortgages had to ...

Watch: Demos and The Ayn Rand Center Debate "Government: What Is Its Proper Role?"

Miles Rapoport | Posted 05.25.2011 | Politics
Miles Rapoport

After the 2008 financial crisis and its aftermath a great political divide emerged among many Americans reexamining the direction of our country.

Don't Cut Off Your Knows

Jodie Levin-Epstein | Posted 05.25.2011 | Business
Jodie Levin-Epstein

The House-passed Continuing Resolution would sharply reduce or eliminate funding for summer jobs for youth, training assistance for unemployed workers, and support for one-stop career centers.

Friday Talking Points [157] -- Eight Point Nine

Chris Weigant | Posted 05.25.2011 | Politics
Chris Weigant

This just in... Charlie Sheen and Sarah Palin caught smoking pot in love nest! Well, no, sorry, that's absolutely false. However, it would make a dan...

Greenspan: 'Government Activism' Is Slowing U.S. Recovery

The Huffington Post | Maxwell Strachan | Posted 05.25.2011 | Business

Less than a year after testifying that his free-market approach to the financial sector was "wrong 30 percent of the time," Alan Greenspan, former cha...

Lila Shapiro

Layoffs Reach 11-Month High, But They're Not The Major Worry

HuffingtonPost.com | Lila Shapiro | Posted 05.25.2011 | Business

The number of planned layoffs in February rose to an 11-month high according to data released Tuesday, but economists think it's too soon to say wheth...

Lila Shapiro

GOP Spending Plan Will Cost Private Sector Jobs, Economist Says

HuffingtonPost.com | Lila Shapiro | Posted 05.25.2011 | Business

With 13.9 million Americans out of work and a looming deficit, House republicans have proposed a plan to cut $61 billion from current spending levels....

Wisconsin Pension Cuts Are Actually About Cutting 'Cash Wages'

The Huffington Post | Lila Shapiro | Posted 05.25.2011 | Business

Who really contributes to Wisconsin's public employees' pension funds? On Friday morning, the Wisconsin state assembly passed a bill that would, a...

U.S. Lost High-Paying Jobs, Added Low-Wage Positions, Report Finds

The Huffington Post | Lila Shapiro | Posted 05.25.2011 | Business

In the last 12 months, the U.S. economy has largely traded high-quality jobs for poorly-paid positions, according to a new report by the National Empl...

Finance's Five Fatal Flaws: William Black

The Big Picture | Bill Black | Posted 05.25.2011 | Business

What exactly is the function of the financial sector in our society? Simply this: Its sole function is supplying capital efficiently to aid the real e...

State, Local Tax Share Falls For First Time Since 2000

Posted 05.25.2011 | Business

MIAMI (By Michael Connor) - Taxes paid to local and state governments as a share of incomes fell in 2009, as taxes tumbled more quickly than wages an...

States Ignored Years Of Warnings On Unemployment Insurance

AP | KEVIN FREKING | Posted 05.25.2011 | Business

WASHINGTON — State officials had plenty of warning. Over the past three decades, two national commissions and a series of government audits soun...

China's Rapid Recovery in the Great Recession of 2007 - 2009

Nake M. Kamrany | Posted 05.25.2011 | World
Nake M. Kamrany

China's performance during the economic meltdown of 2007-2009 calls for a reexamination of the received doctrine of mainstream macroeconomic paradigms in the West.

Study Finds No Tie Between CARD Act and Higher Interest Rates

Odysseas Papadimitriou | Posted 05.25.2011 | Business
Odysseas Papadimitriou

February 22, the CARD Act's one-year anniversary, should be a day to celebrate increased transparency for millions of credit card users, not a day marred by mistakenly-placed blame.

After Fannie and Freddie Go, What's Next for the Housing Finance System?

Reid Cramer | Posted 05.25.2011 | Business
Reid Cramer

I very much appreciate situating the housing finance policy debate within a broader framework. It is a good place to start the coming policy debate.

The Next Economic Crisis

Carl Pope | Posted 05.25.2011 | Green
Carl Pope

The resource shortages that worried Theodore Roosevelt are finally here. Indians are leading worries about food inflation, but world food prices hit an all-time record last month.