JoblessRecovery

Welcome to the New Normal, Generation Y: Get Used to It

Hello, Gen Y! I've got good news and bad news for you. The good news is we've dodged a double dip recession. The bad news is that you're going to be seeing high unemployment for a long time to come. Here's some advice ...

Unemployment Hurting Oldest, Youngest Workers

Many of you reached out to Daily Finance earlier this week, after we ran a report on long-term unemployment's impact on older workers. Readers shared stories of careers terminated, benefits exhausted, and savings consumed. Today's news about slight improvements in the unemployment rate bring little relief.

Americans Got Poorer in 2010, Says Census Bureau

The Great Recession officially ended in mid-2009, but a recent Census Bureau report shows that, for the average American family, 2010 only brought increased misery: Household incomes plummeted last year, while the number of people living in poverty rose sharply to an all-time high.

How Our Economy Has Changed Since 9/11

Many of the economic problems of Sept. 11, 2001, feel awfully familiar today: Recession, bursting bubbles, low consumer confidence, predatory lending. But of course, it's a whole new world now, so we asked economists what the most significant shifts of the past decade have been. Their responses were enlightening.

To Understand the Weak Hiring Stats, Look in the Mirror

The vast majority of American businesses are privately held, run by ordinary people with all the same worries the rest of us have. And if you're cutting back on personal spending at home, how likely are you to feel comfortable hiring at work?

10 Hard Facts About America's Economic Recovery

As President Obama took part in his first-ever Twitter-facilitated town hall, jobs and the economy were high on the agenda. In line with those themes, the nonpartisan Economic Policy Institute held a little get-together of its own to outline 10 key facts about the recovery and what's really wrong with the economy.

Job Concerns Soar Among Employed, Unemployed

Employee concerns about layoffs have moved sharply higher according to a new survey by online jobs company Glassdoor. The percentage of those who are worried rose sharply to 22% in the second quarter, the highest that statistic has been since the third quarter of 2009, in the heart of the recession.

Vacations at Risk for 45% of Americans

A growing inclination among Americans to change their vacation plans shows that the slowing economy is taking a toll on consumer confidence. A new survey found that 45% of workers who have taken or plan to take a vacation this summer "would reduce or cancel their plans to save money if the economy continues its volatility."

Made in America Leaders That Make a Real Difference

How many problems with the U.S. economy would be solved if more people bought American, and if more companies would were willing to help them do so by manufacturing here? Joel Joseph of the Made in the USA Foundation thinks it would help plenty, and he's honoring companies that have taken the lead.