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June Unemployment

Sunday Roundup

Arianna Huffington | Posted 09.05.2013 | Politics
Arianna Huffington

From watching cable, you'd think the only news this week was the George Zimmerman trial. But as CNN spent Wednesday breathlessly team-covering every angle of some badly-Skyped-in testimony, a hint of other news appeared in a small box on-screen, captioned "coup under way." That was, of course, referring to the fact that Egyptian President Mohammed Morsi was being toppled. Is this monomaniacal coverage really the best way to honor Trayvon Martin's memory? It was enough to send me clicking over to the Golf Channel -- and I don't even play, though I did learn what a mulligan is. If the media took one, maybe next time, in addition to Egypt, they'd also cover yet another middling jobs report released on Friday, which showed the economy adding mostly low-wage jobs and still on pace to reach full-employment only by decade's end. But don't tell anybody.

195,000 JOBS

Posted 07.05.2013 | Business

The U.S. economy added 195,000 jobs in June, as the unemployment rate remained unchanged at 7.6 percent, the Bureau of Labor Statistics announced Frid...

The Jobs Crisis: Time to Treat It as a National Emergency

Thomas Kochan | Posted 07.09.2012 | Business
Thomas Kochan

This is a bona fide national emergency. We just have not had the courage to define it as such yet, maybe because we fear we lack the national leadership and unified conviction to pull together as leaders have in response to past national emergencies.

Why Such Weak Jobs Numbers?

Harlan Green | Posted 09.18.2011 | Business
Harlan Green

The U.S. economy has become too complex to be understood by one set of statistics -- such as the monthly jobs report. And the resulting wild swings in growth projections can only unnerve the general public.

We Had an Agreement: The Results of Being Played

Kenneth Kales | Posted 09.12.2011 | Business
Kenneth Kales

We the people were heroic in rescuing so many Type A's and their financial sectors. I say heroic only because our act now seems selfless. It wasn't supposed to be that way. We had an agreement.

Address the Jobs Crisis First

Robert Kuttner | Posted 09.09.2011 | Politics
Robert Kuttner

Does anyone care about the American middle class? The working middle class -- especially its younger members -- now faces a prolonged period of high unemployment, declining wages, and diminished public services.

So Really, What's Wrong With This Economy?

Jared Bernstein | Posted 09.09.2011 | Business
Jared Bernstein

Housing is at best bumping along the bottom, the engine of job growth has shifted from first gear to neutral with unemployment now increasing. Perhaps it would be useful to take a moment and just catalogue what's going wrong.