White House Still Warns Of 10 Percent Jobless Rate
WASHINGTON — President Barack Obama on Friday welcomed a dip in unemployment as evidence "the worst may be behind us" with the recession well in...
WASHINGTON — President Barack Obama on Friday welcomed a dip in unemployment as evidence "the worst may be behind us" with the recession well in...
HuffingtonPost.com | Arthur Delaney | Posted 09.07.2009 | Business
The unemployment rate fell to 9.4 percent as the U.S. economy shed 247,000 jobs in July, the government announced on Friday morning. The drop -- the f...
AP | CHRISTOPHER S. RUGABER | Posted 09.06.2009 | Business
WASHINGTON — In a positive sign for the economy, companies are laying off fewer workers as they prepare to ramp up production to replenish their...
Jason Mannino | Posted 08.31.2009 | Living
Ninety percent of our eligible workforce remains employed even though we are currently experiencing the worst unemployment rate in 26 years. Stress le...
nytimes.com | JASON DePARLE | Posted 08.24.2009 | Business
WASHINGTON -- Years of state and federal neglect have hobbled the nation's unemployment system just as a brutal recession has doubled the number of jo...
Chicago Sun-Times | Francine Knowles | Posted 08.23.2009 | Chicago
The unemployment rate in the Chicago metropolitan area continued to surge in June, reaching 11.3 percent, up from 6.9 percent a year earlier and the h...
AP | Christopher S. Rugaber, AP Economics Writer | Posted 08.23.2009 | Business
WASHINGTON (AP) -- The number of newly laid-off workers seeking jobless benefits rose last week, though the government said its report again was disto...
US News and World Report | Liz Wolgemuth | Posted 08.22.2009 | Business
In some U.S. states, nearly half of the job seekers who have stopped looking for work have done so because they simply don't believe they'll find anyt...
Sheldon Filger | Posted 08.20.2009 | Business
Nouriel Roubini warned for years that the subprime mortgage sector would bring about economic calamity. We should listen carefully to his warnings on the danger of a double dip recession
HuffingtonPost.com | Arthur Delaney | Posted 08.17.2009 | Business
Michigan continues to lead the nation in unemployment with a rate of 15.2 percent in June, the government announced on Friday. Michigan, which saw the...
AP | Posted 08.16.2009 | New York
ALBANY, N.Y. (AP) -- More than 850,000 New Yorkers were unemployed in June, pushing the state's jobless rate to 8.7 percent from 8.2 in May. State lab...
Hale "Bonddad" Stewart | Posted 08.16.2009 | Business
The phrase black swan "refers to high-impact, hard-to-predict, and rare events beyond the realm of normal expectations." However, this phrase does not adequately describe the current recession.
AP | BEN FELLER | Posted 08.14.2009 | Business
WASHINGTON — President Barack Obama on Tuesday declined to predict how high unemployment will climb but made clear he expects it to keep worseni...
William C. Thompson, Jr. | Posted 08.13.2009 | New York
I found that the recession's impacts have fallen most heavily on a number of specific groups including men, African-Americans, prime-age workers, and the well-educated.
NY Times | PATRICK McGEEHAN and MATHEW R. WARREN | Posted 08.13.2009 | New York
Unemployment among blacks in New York City has increased much faster than for whites, and the gap appears to be widening at an accelerating pace, new ...
The Atlantic Business Channel | By Derek Thompson | Posted 08.09.2009 | Business
What is a mancession, you ask? It's not this. It's a recession that hurts men much more than women, and we are allegedly in the worst mancession in re...
The Atlantic Business Channel | By Derek Thompson | Posted 08.09.2009 | Business
What is a mancession, you ask? It's not this. It's a recession that hurts men much more than women, and we are allegedly in the worst mancession in re...
Bill Scher | Posted 08.09.2009 | Politics
There are two ideologically opposite criticisms of the stimulus package proposed by President Obama.
AP | CHRISTOPHER S. RUGABER | Posted 08.09.2009 | Business
WASHINGTON — Even though new claims for jobless benefits fell more than expected last week, dipping below 600,000 for the first time since early...
Robert Kuttner | Posted 08.05.2009 | Politics
Several events of the past week should be a wake-up call to the Obama administration. The bottom line: the medicine isn't working. Stronger stuff is needed.
Les Leopold | Posted 08.02.2009 | Business
Why hasn't the crash devastated employment on Wall Street? One big reason is that we put the entire sector on welfare.
HuffingtonPost.com | Arthur Delaney | Posted 08.02.2009 | Business
The U.S. economy lost 467,000 jobs in June as the national unemployment rate rose to 9.5 percent, the government announced on Thursday morning. While ...
AP | JEANNINE AVERSA | Posted 08.01.2009 | Business
WASHINGTON — Americans lucky enough to still have a job are noticing something unpleasant in their paychecks: They're making less money. Employ...
HuffingtonPost.com | Arthur Delaney | Posted 07.31.2009 | Business
Unemployment rates climbed in all U.S. metropolitan areas from last May to this May, the government announced on Tuesday. Of metro areas with a popu...
Diane Francis | Posted 07.29.2009 | Business
The bottom line is we're at the end of the beginning, not the beginning of the end.
AP | BEN FELLER | Posted 09.07.2009 | Business