Ever the Debbie Downer of City Hall, Councilman Bernard Parks says it's time to pay the piper: The city faces a $408 million deficit next year, a $98 ...
AP | ANDREW TAYLOR | Posted 12.01.2009 | Business
WASHINGTON — As unemployment spikes, the cost of compassion is going up too. By as much as $100 billion....
Robert Guttman | Posted 12.01.2009 | Politics
The Jobs Summit will involve lots of talking and picture-taking to try to make it look as if the administration is actually taking steps to solve the massive unemployment problem. It won't result in a single job.
nytimes.com | MICHAEL LUO | Posted 12.01.2009 | Business
Johnny R. Williams, 30, would appear to be an unlikely person to have to fret about the impact of race on his job search, with companies like JPMorgan...
Philip N. Cohen | Posted 12.01.2009 | Living
Racial inequality is both individual and collective. The crushing levels of incarceration and police repression that Black men endure take a toll on Black communities and families as well.
Yahoo! News | Alister Bull | Posted 12.01.2009 | Business
"Addressing 10.2 percent unemployment is a matter of very great urgency. It is not something that is going to be fixed in a week, or a month, or a yea...
divinecaroline.com | :Â Excelle (View Profile) | Posted 12.01.2009 | Living
Spending too much time alone can be detrimental, not just to your emotional well-being, but to your job search too! Staying connected with the rest of...
latimes.com | Kathy M. Kristof | Posted 11.30.2009 | Business
The stimulus act included $25 billion to help the jobless stay on their former employers' health plans for up to nine months, but the money is running...
usatoday.com | Emily Bazar | Posted 11.30.2009 | Business
Growing ranks of U.S. citizens are heading to street corners and home improvement store parking lots to find day-labor work usually done by illegal im...
New York Times | PAUL KRUGMAN | Posted 11.30.2009 | Business
So it's time for an emergency jobs program. How is a jobs program different from a second stimulus? It's a matter of priorities. The 2009 Obama sti...
Howard Schweber | Posted 11.30.2009 | Politics
The problem all along has been that this administration tries to do everything indirectly, whether it's job creation, easing the credit crunch, or rescuing homeowners. Why do Democrats now believe in "trickle down"?
New York Times | JACKIE CALMES | Posted 11.30.2009 | Business
The invitations went out just before Thanksgiving, but by the end of the holiday weekend the White House has confirmed that President Obama's jobs sum...
Posted 11.30.2009 | Politics
WASHINGTON (Associated Press) - Sens. Carl Levin (D-Mich.) and Richard G. Lugar (R-Ind.) voiced their concerns Sunday about the war in Afghanistan, it...
Robert Kuttner | Posted 12.01.2009 | Politics
We do need to reduce the ratio of debt to GDP. But we need to do it after the economy is back in recovery. And we need to do it using the normal legislative process. And above all, we need to use progressive taxation rather than program cuts.
Robert Reich | Posted 11.29.2009 | Business
Shaming Wall Street won't work. Only political muscle and courage will. Congress and the Obama administration should give homeowners the right to go to a bankruptcy judge and have their mortgages modified.
Arianna Huffington | Posted 11.29.2009 | Politics
With the Senate ready to begin debating its health care bill next week, it's time for President Obama to make an unambiguous case for its passage. Finally. He needs to deliver on health care reform, including a public option, and then quickly move on to jobs, jobs, jobs -- the latest Fed forecast predicts that unemployment will still be over 9 percent when the 2010 midterms roll around. Yet, on Tuesday, when the president addresses the nation, he won't be making the case for health care or a jobs bill. Instead, he'll be explaining why we need to "finish the job" in Afghanistan by escalating the war. Can someone in the White House Priorities Department please hit reboot?
NYT | HILLARY CHURA | Posted 11.27.2009 | Business
In boom times, companies with too much work for existing employees -- yet not enough work to justify another hire -- may have turned to temporary work...
Alice O'Connor | Posted 11.27.2009 | Business
The lesson to remember from E. Wight Bakke and his Depression era contemporaries is that a recovery without jobs is no recovery at all.
Jan Kregel | Posted 11.27.2009 | Business
Support of financial institutions is justified because they are too big and interconnected to resolve. Yet, households -- in aggregate bigger and more interconnected -- are being allowed to fail.
Harry Moroz | Posted 11.25.2009 | Politics
The stimulus truly was a model of political compromise, providing that devilish mixture of effective public policy and politics.
Posted 11.25.2009 | Business
There's good news and bad news today for the US economy. The good news is that consumer spending rose 0.7% last month, according to the Commerce Depar...
Pavlina R. Tcherneva | Posted 11.25.2009 | Business
If the U.S. government creates a permanent, voluntary public employment program that offers a living-wage job to anyone willing and able to work in a public service project, unemployment will be addressed directly.
Roben Farzad and Tara Kalwarski | Posted 11.25.2009 | Business
The U.S. economy is coping with alarmingly high double-digit unemployment, a widening commercial real estate bust, and over-indebted consumers. Few th...
Steven Pearlstein | Posted 11.25.2009 | Business
Fairly or unfairly, the official who has come to personify this let-them-eat-stuffing attitude is Treasury Secretary Tim Geithner, who can't seem to d...
Les Leopold | Posted 11.25.2009 | Business
We should give strong consideration to nationalizing the largest banks in order to run them like public utilities. We also should consider placing banking employees into the civil service system to end the ridiculous wage distortions.
LA Daily | Posted 12.01.2009 | Los Angeles