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Jobless Rate

CBO: U.S. Is 'Facing Profound Challenges'

AP | STEPHEN OHLEMACHER | Posted 10.24.2011 | Politics

WASHINGTON — After months of unrelieved gloom and discord, Congress and President Barack Obama are starting to make a dent in the federal budget...

Unemployment Rose In 28 States Last Month

AP | CHRISTOPHER S. RUGABER | Posted 10.19.2011 | Business

WASHINGTON — Unemployment rates rose in July in more than half the states for the second straight month, evidence that job growth remains weak n...

Medical Bills Drive Americans Into Bankruptcy

The Huffington Post | William Alden | Posted 10.19.2011 | Business

As the economic recovery remains slow, many Americans have found that basic payments have suddenly become unaffordable. Those payments include medi...

Unemployment Likely To Remain High... But How High?

Jared Bernstein | Posted 10.19.2011 | Business
Jared Bernstein

Moody's is out with their latest forecast, and it looks like they've got unemployment going up a bit before it comes down; and even then, it's still elevated by year's end well into the 8 percent range. Like most forecasts right now, Moody's assumes that the payroll tax holiday will be continued next year. That's built into their forecast. But there's no guarantee that Congress won't let it expire, sending unemployment up even more. It's way past time to stop inflicting wounds on ourselves. Keeping safety net measures in the economy next year, as the president has called for, is the least we can do.

Trymaine Lee

President Obama's Unemployment Inaction Puts Approval Rating Among Blacks At Risk | Trymaine Lee | Posted 10.18.2011 | Black Voices

Congresswoman Maxine Waters (D-Calif.) is the latest African-American politician or public figure to call out President Barack Obama on his lack of at...

William Alden

Federal Reserve's Stimulus Pledge Misses The Point, Fed Official Says | William Alden | Posted 10.17.2011 | Business

NEW YORK -- As the Federal Reserve attempts to stimulate the economy and avert a new recession, one of the central bank's most basic tools isn't worki...

Obama To Give Major Speech On Jobs

AP | BEN FELLER | Posted 10.17.2011 | Politics

WASHINGTON — Under fire in a nation desperate for jobs, President Barack Obama will soon announce a broad package of tax cuts, construction work...

A Mountain of Unemployment

Jared Bernstein | Posted 10.10.2011 | Business
Jared Bernstein

2011-08-10-unemp.pngSometimes it's useful to look at something in a different way -- maybe you'll shake loose a new idea.

Congress: Encourage Employers to Hire Veterans

Ludy Green, Ph.D | Posted 10.07.2011 | Business
Ludy Green, Ph.D

There's no doubt that unemployment is a big problem for many Americans today. But the most vulnerable among us, returning war veterans, victims of domestic violence, the disabled, need -- even deserve -- as much extra assistance as they can get.

A Better-Than-Expected-Though-Still-Pretty-Weak Jobs Report

Jared Bernstein | Posted 10.05.2011 | Business
Jared Bernstein

The unemployment rate ticked down slightly, from 9.2% to 9.1% but that decline was due to fewer people looking for work, not more people finding jobs.

Obama Pushing Jobs For Unemployed Military Veterans

AP | JULIE PACE | Posted 10.05.2011 | Politics

WASHINGTON — President Barack Obama on Friday proposed tax credits and training programs to help thousands of U.S. service members returning fro...

America's Agenda Is Jobs

Rep. Wm. Lacy Clay | Posted 10.04.2011 | Black Voices
Rep. Wm. Lacy Clay

In everything that we do, we need to remember the dignity of work. Nothing is more important than being able to look in the mirror and know that you can take care of your family. That's what we all should be fighting for.

Unemployment Rose In More Than 90 Percent Of U.S. Cities In June

AP | CHRISTOPHER S. RUGABER | Posted 10.03.2011 | Business

WASHINGTON — Unemployment rates rose in more than 90 percent of U.S. cities in June, mirroring a national slowdown in hiring. The Labor Departm...

U.S. Unemployment Rate Probably Unchanged In July

Bloomberg | Posted 09.30.2011 | Business

The U.S. probably failed to create enough jobs in July to reduce unemployment, showing anxiety over government debt deliberations and a slowdown in co...

Unemployment Rate Rises In Majority Of U.S. States

AP | DEREK KRAVITZ | Posted 09.21.2011 | Business

WASHINGTON — Unemployment rates rose in more than half of U.S. states in June, evidence that slower hiring is affecting many parts of the countr...

10 Cities With The Fastest Green Jobs Growth

24/7 Wall Street | Douglas A. McIntyre, Charles B. Stockdale, Michael B. Sauter | Posted 09.17.2011 | Business

24/7 Wall St.: It’s no secret the U.S. is struggling with high unemployment and dismal job growth. But at least one industry seems to be bucking the...

It's About Jobs, Stupid!

Ken Blackwell | Posted 09.17.2011 | Politics
Ken Blackwell

As the debt-ceiling debate rages on and some in the Senate Republican leadership seem ready to negotiate with big-government Democrats, the proverbial 4.2 trillion dollar gorilla in the room continues to grow while trampling over our economy and the formation of small businesses.

Why GDP Growth Has Not Provided Jobs Yet

Brian Hamilton | Posted 09.13.2011 | Business
Brian Hamilton

The government needs to understand that only the people who run privately-held businesses, unencumbered by excessive taxes and regulations, can create long run employment in the United States. Everything else is a temporary fix.

The Opportunity Costs of the Debt Ceiling Debate

Jared Bernstein | Posted 09.12.2011 | Politics
Jared Bernstein

Instead of dealing with the fundamental challenge to the living standards of everyday people, Mitch McConnell, the Republican leader in the Senate, spent the day yesterday figuring out a way to avoid having to vote to raise the debt ceiling.

The President's Jobs Plan (Not)

Robert Reich | Posted 09.11.2011 | Politics
Robert Reich

To call President Obama's response to last week's horrendous jobs report inadequate would be a gross understatement. Here's what the president should have said.

Cisco Could Eliminate 10,000 Jobs To Revive Profit Growth

Posted 09.11.2011 | Business

Networking equipment company Cisco Systems Inc could eliminate as many as 10,000 jobs, or about 14 percent of its workforce, to revive profit grow...

Economists Expect Jobless Rate To Fall Despite Weak Jobs Report: Poll

Posted 09.08.2011 | Business

NEW YORK (Chris Reese) - Economists at top financial institutions expect the U.S. unemployment rate to fall in 2011 and 2012 despite a surprisingl...

June Jobs Report -- Far Worse Than Expected (Update)

Jared Bernstein | Posted 09.07.2011 | Business
Jared Bernstein

The June jobs report reveals a much more serious job creation problem in this country than most policy makers realized. Over the past two months, job creation has essentially ground to a halt, with 25,000 jobs added in May and 18,000 in June.

Jobless Claims Down But Data Incomplete

Posted 09.06.2011 | Business

WASHINGTON - New U.S. claims for unemployment benefits fell more than expected last week, government data showed on Thursday, but distortions asso...

President Obama Talks Jobs

Jared Bernstein | Posted 08.30.2011 | Politics
Jared Bernstein

President Obama this week made a solid, unequivocal call for targeting the jobs deficit along with the budget deficit. This is a drumbeat he needs to keep up.