Jobless Claims Unchanged Last Week
The number of Americans filing new claims for jobless benefits was unchanged last week, pointing to a labor market that was treading water.
jobless recovery
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.
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 since the third quarter of 2009.
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 those that have taken the lead.
Could the S&P 500 Fall Another 20% in 2011?
After the losses of the past week, it seems hard to imagine that the S&P 500 has much further to decline. But the index took a fall to near 1,000 as recently as last July, and the issues that punished the markets then are looming over the economy again -- or perhaps, still.
Rough Economic Times Bring Out the Scam Artists
Scams targeting cash-strapped and unemployed Americans are on the rise, and the con artists are getting even more creative. Here's how to avoid becoming a victim.
Another Rough Summer Ahead for Teen Jobs
Teens hoping for employment this summer aren't likely to find the job market much better than last year, when teenage job seekers experienced the weakest seasonal market in decades.
More Employers More Are Likely to Hire in Second Quarter
The nation's employers are slowly becoming more positive about the economy, with a greater number of businesses planning to add jobs in the second quarter and fewer planning layoffs, according to a new survey released Tuesday by Manpower. Among the more than 18,000 employers polled in its latest survey, Milwaukee-based Manpower found 16% of companies expect to increase staff levels during the three-month period that begins April 1, up from 14% during the first quarter. Meanwhile, just 6% of employers expect to lay off workers, a decline from 10% during the first three months of the year.
The Best and Worst Job Markets in the U.S.
North Dakota topped Gallup's list of best places to find jobs last year, followed by other states rich in natural resources, such as South Dakota and Alaska. Meanwhile, Nevada, New Jersey and California were the worst states for job hunters.