Unemployment

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In Defense of Good Government

Sasha Abramsky | Posted 11.04.2009 | Politics

Read More: Washington Political Culture, Unemployment, Inside Obama's Brain, 2009 Election, Economic Crisis, 2008 Election, Barack Obama, Politics News

Was the 2008 election really transformative only of Obama himself, alchemically rendering him government-incarnate, and definitionally making him part of the problem?

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Wall Street Demands Bonuses, Or Else:Bloomberg

bloomberg.com | Susan Antilla | Posted 11.03.2009 | Business

Read More: Wall Street Crisis, Unemployment, Wall Street, Wall Street Bonuses, New York Stock Exchange, Business News

Finance's version of Audrey II is thrashing about with threats that, crisis or not, they'd better get their extravagant pay and light-touch regulation...

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Federal Reserve Tours Foreclosed Homes: "Very Sobering"

The Huffington Post | Julian Hattem | Posted 11.02.2009 | Business

Read More: Foreclosure Crisis, Sandra-Braunstein, Barney Frank, Ponzi Scheme, Federal Reserve, Brockton Interfaith Community, Bearing Witness, Lillie Greene, Charles Harrison, Rachelle Rand, Eviction Defense Network, Unemployment, Bearing Witness 2.0, Leah Simon-Weidberg, Foreclosure, Joe Jones, Business News

As part of its Bearing Witness 2.0 project, the Huffington Post is rounding up a few of the best local stories of the day. Representatives of the F...

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Health Care Reform is Critically Important, But Getting Americans Back to Work is More So

Robert Reich | Posted 11.02.2009 | Politics

Read More: Bill Clinton, Unemployment Rate, Dick Morris, Jobs, Barack Obama, Unemployment, Economic Stimulus Package, Wall Street, Federal Budget Deficit, Stimulus Package, Health Care Reform, Financial Crisis, Jimmy Carter, Economic Recovery, Alan Greenspan, Health Care, Politics News

The optimist in me says Obama can pivot off a health-care victory and launch some new initiatives that palpably and quickly spur job growth. The realist says there aren't any such initiatives.

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Job Losses? Not in North Dakota. A Stimulus Plan That Really Works

Ellen Brown | Posted 11.02.2009 | Business

Read More: State Deficits, Banking Crisis, Fractional-Reserve-System, Job Loss, Unemployment, Farid Khavari, Bank of North Dakota, President Obama, North Dakota, Florida, Montana, State-Owned Banks, Job Creation, California, Business News

Why is North Dakota doing so well, when other states are suffering the ravages of a deepening credit crisis? Its secret may be that it has its own credit machine.

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Report: More Americans Gaining Weight, Eating Poorly During Recession

Wall Street Journal | JENNIFER WATERS | Posted 10.31.2009 | Living

Read More: Candy, Diets, Popcorn, Natural, Economy, Burgers, Poor Eating Habits, Fat, Cheap Food, Recession, Potato Chips, American Eating Habits, Cookies, Refined Starches, Unemployment, Value, Microwave, Cheap Meals, Nutrition, Fast Food, Food, Snacks, Refined Sugars, American Diets, Health Food, Living News

In an online survey this summer of 1,200 people about food affordability, conducted by food-industry research firm Technomic, 70% of respondents said ...

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Ford Workers Reject Contract changes

AP | DEE-ANN DURBIN and TOM KRISHER | Posted 10.31.2009 | Business

Read More: Gm, Wages, Cost of Living, Ford, Jobs, Cars, Cola, Automakers, Labor Costs, Hours, Chrysler, UAW Contract, Unemployment, New Contract, Increases, Labor Contract, Detroit, Uaw, Ford Contract, Auto Bailout, Business News

DETROIT — Ford Motor Co. workers have overwhelmingly rejected contract changes that would have allowed the automaker to cut labor costs, leaving...

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Lies, Statistics and Economic Statistics

Michael Brenner | Posted 10.31.2009 | Business

Read More: Financial Crisis, Unemployment, Gdp, Cost of Living, Great Recession, Recession, Economic Crisis, Business News

Here is a quick everyman's guide to economic statistics. Making sense of the figures demands a large measure of skepticism and an eye for misrepresentation and forgery.

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Geithner Advocates Permanent Billionaire Bailout Society?

Les Leopold | Posted 10.30.2009 | Business

Read More: Financial Crisis, Unemployment, Billionaires, Wealth, Bailout, Economic Crisis, Paul Volker, Economic Recovery, Alan Greenspan, Too Big to Fail, Recession, Business News

We can either prop up the billionaire bailout society as Geithner wants or we can begin the necessary process of breaking it up. You know what the financial interests want.

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Consumer Spending Falls In September, Biggest Drop In Nine Months

AP | MARTIN CRUTSINGER | Posted 10.30.2009 | Business

Read More: Cash for Clunkers, Unemployment, Consumer Spending, Income, Economy, Business News

WASHINGTON — Flat incomes suggest more weakness ahead in consumer spending, reinforcing concerns about a ho-hum holiday shopping season and a sl...

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White House: 650,000 Jobs Saved, Created By Stimulus

AP | MATT APUZZO and BRETT J. BLACKLEDGE | Posted 10.30.2009 | Business

Read More: Economic Stimulus Package, Unemployment, Economy, Jared Bernstein, Obama Administration, Stimulus Jobs, Business News

WASHINGTON — Nearly 650,000 jobs have been saved or created under President Barack Obama's economic stimulus plan, the government said Friday, a...

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First-Time Jobless Claims Drop Less Than Expected

AP | CHRISTOPHER S. RUGABER | Posted 10.29.2009 | Business

Read More: Labor Market, Latest Jobless Claims, Unemployment, Economy, Labor Department, Unemployment Insurance, Economic Crisis, Laid-Off Workers, Financial Crisis, Jobless Claims, First-Time Jobless Claims, Business News

WASHINGTON — The number of people claiming jobless benefits for the first time dropped less than expected last week, evidence that the labor mar...

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"Roosevelt Institute Celebrates A New Agenda for America": Eliot Spitzer, Elizabeth Warren And 13 Others Reflect On The 80-Year Anniversary Of The Stock Market Crash Of 1929

Posted 10.29.2009 | Business

Read More: Elizabeth Warren, William Black, Unemployment, New Deal 2.0, Rob Johnson, Bruce Judson, Financial Crisis, The Great Crash, Bill Black, Franklin Delano Roosevelt, Eliot Spitzer, Recession, 80-Year Anniversary of the Great Crash, Business News

"A New Agenda for America"- On the 80th Anniversary of Great Crash, What Have We Learned and What Lies Ahead? 80 years ago today, on October 29th...

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Early Reports: Stimulus Saved, Created 388,000 Jobs

USA Today | By Brad Heath and Matt Kelley, USA TODAY | Posted 10.28.2009 | Business

Read More: White House, Job Losses, Bush, Economy, Grants, Jobs, Congress, Obama, Reports, Stimulus, Recession, Unemployment, Economic Policy Institute, Stimulus Package, Report, Job Creation, Business News

States have reported using stimulus money to create or save more than 388,000 jobs so far this year, buttressing the Obama administration's claim that...

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Don't Let COBRA Benefits Run Out on American Families

Rep. Joe Sestak | Posted 10.28.2009 | Politics

Read More: Cobra, Unemployment, Economic Stimulus Package, Stimulus Package, Economy, Unemployment Benefits, Economic Recovery, Health Insurance, Stimulus, Joe Sestak, Job Losses, Jobs, Politics News

Losing health care along with one's job is something Americans should not have to cope with at this difficult time. So I have introduced the Extended COBRA Continuation Protection Act of 2009.

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Reclaiming "We"

Terrance Heath | Posted 10.28.2009 | Politics

When it comes to health care reform, the states most likely to benefit -- because they have the highest percentages of uninsured citizens -- are the source of the loudest objections to reform.

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The New Red Ink Scare

Robert L. Borosage | Posted 10.28.2009 | Business

Read More: Economic Strategy, Investment, Deficits, Financial Crisis, Unemployment, Green Jobs, Public Investment, Business News

We've got a new red scare. Forget Glenn Beck. The fear isn't that America is going red, it's that it is in the red.

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2010: The Year Main Street Sticks It to Wall Street and Washington

Don McNay | Posted 10.27.2009 | Business

Read More: Mid Term Elections, Upheaval, Congress, Kentucky Guardianship Administrators, Hank Paulson, Lobbyists, Bailouts, Consumer Spending, Big Money, Roger Ailes, Lawrence Summers, Arianna Huffington, State Legislature, Cnbc, Economic Pain, Unemployed, Lexington KY, Spending Cuts, Wall Street-Washington, Andrew Ross Sorkin, Timothy Geithner, Kenneth Feinberg, Inside the Beltway, McNay Settlement Group, Incumbants, Republican National Committee, City Council, High Unemployment, Ky, Willie Stark, Democratic National Committee, Pay Czar, Fox Business News, Clu, Anger, Louisville, Million Dollar Round Table, Ben Bernanke, Alan Greenspan, Bonuses, Czars, Jefferson Airplane, Small Business, President Obama, Congressional Elections, 2010 Elections, Washington, Main Street, donmcnay.com, Tea Parties, Msnbc, Unemployment, Tea Baggers, All the Kings Men, Rural Journalism, Financial Crisis, Housing Crisis, Running for Office, President Bush, Richmond, American College, Incumbant Politican, Personal Finance, Msfs, Chfc, Small Towns, Kentucky, Don McNay, www.mcnay.com, Structured Settlements, Layoffs, Wall Street Bailouts, Wall Street, Vanderbilt University, Robert Penn Warren, Self Dealing, Eastern Kentucky University, Fox News, Certified Structured Settlement Consultant, Glenn Beck, Cssc, Too Big to Fail, Bill O'Reilly, Business News

If anyone has ever dreamed of being an office holder, 2010 is the year to do it. There are going to be several situations where voters elect a complete unknown, just to express their anger about the incumbent.

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'Angel in Queens' Fed Over 70,000 New Yorkers in 5 Years

Huffington Post | Tam Vo | Posted 10.26.2009 | Impact

Read More: An Angel in Queens, Jorge Munoz, Food Donations, Hunger, Unemployment, Homelessness, Laborers, Thanksgiving, Impact News

Early this month, Anderson Cooper announced the 10 finalists for CNN's Hero of the Year, to be announced by Cooper on Thanksgiving Day. Impact feature...

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Recession Spurs Rise In Teen Runaways

nytimes.com | IAN URBINA | Posted 10.26.2009 | Business

Read More: Teen Runaways, Foreclosures, Unemployment, Homelessness, Mortgage Crisis, Financial Crisis, Consumer Price Index, Business News

Over the past two years, government officials and experts have seen an increasing number of children leave home for life on the streets, including man...

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Main Street Lags Far Behind Wall Street In Recession Recovery

BusinessWeek | Moira Herbst | Posted 10.26.2009 | Business

Read More: Gdp, Unemployment, Gluskin Sheff, Wall Street, Lagging Indicators, Dow Jones Industrial Average, Leading Indicators, Main Street, David Rosenberg, ABC News/Washington Post Poll, Gross Domestic Product, Recession, Business News

On the one hand, the Dow Jones industrial average once again danced around 10,000 last week. If U.S. gross domestic product rebounds as expected on Oc...

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Hiring, Consumer Spending Set To Improve Over Next Six Months According To Survey

AP | BETSY VERECKEY | Posted 10.26.2009 | Business

Read More: Unemployment, Jobless Recovery, Economy, Financial Crisis, Jobs, National Association for Business Economics, Consumer Spending, Recession, Business News

CHICAGO — Results from a new economic survey may ease concerns about rising unemployment and its effect on consumer spending, as forecasters say...

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Why Billionaires Should Pay for the Jobless Recovery

Les Leopold | Posted 10.25.2009 | Business

Read More: Tarp, JP Morgan Chase, Goldman Sachs, CEO Pay, Morgan Stanley, Unemployment, Wealth, Bailout, Financial Crisis, Business News

For the past 30 years we have minted billionaires, and we have created the most unequal distribution of wealth since 1928-29. This didn't happen by accident.

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Unemployment Among Americans 65 or Older Surges, Highest Since Great Depression

nytimes.com | STEVEN GREENHOUSE | Posted 10.23.2009 | Business

Read More: 401(K), Job Market, Unemployment, Social Security, Retirement, Aarp, Medicare, Recession, Business News

It is well known that during the nation's gale-force recession, many older Americans who dreamed of retirement continued to work, often because their ...

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Building the New Economy

Scott Paul | Posted 10.23.2009 | Business

Read More: Infrastructure, American Recovery and Reinvestment Act, Trade Deficit, Unemployment, Wall Street, Green Jobs, Manufacturing, Green Business, Greenhouse Gas Emissions, Joblessness, Labor Unions, Auto Industry, Current Account Deficit, American Manufacturing, Business News

Some of us warned this day would come. We knew an economic strategy predicated on replacing wage growth with debt and credit to maintain a certain standard of living was doomed to fail.

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