A new report from the Economic Policy Institute calculates 2.8 million U.S. jobs have been lost to China since 2001, the year the country joined the World Trade Organization.
Half a year into Gov. Terry Branstad‘s fifth term in Terrace Hill, Democratic skepticism continues to mount over Branstad’s much repeated goal of creating 200,000 new jobs in the state over the next four-and-a-half years, especially as the doors begin to close at Iowa Workforce Development field offices at More…
Today, the Labor Department reported that the unemployment rate tracked up in 26 states and the District of Columbia between July and August. Maryland and Florida saw statistically significant increases of 0.2 percent, with slight changes in 25 other states.
A glimmer of good news in the monthly Job Openings and Labor Turnover Survey released today: In July, there were more job openings than in June — the first positive month-on-month change since April. The number of advertised gigs rose 6.2 percent, to 3 million. (In Dec. 2007, before More…
One interesting detail in this morning’s jobs report: The number of workers out of a job for more than six months declined by about 600,000. Moreover, the long-term unemployed made a smaller percentage of the total pool of unemployed workers. The Wall Street Journal reports that this is More…
The Wall Street Journal takes a look at a new Bureau of Labor Statistics analysis of what kind of businesses are gaining and shedding jobs. As is often true, small businesses are both the biggest creators of new jobs and the biggest destroyers of existing positions. Small businesses More…
It’s a rare day in America that the government, economists and members of the media establishment will come together and tell Americans that, actually, they’re all screwed. But since today is one of those days, let’s count the ways this recession has permanently altered the American economy for the worse. More…
As lawmakers start to shift their attention to job creation, a Brandeis University study finds that four in 10 families don’t have enough savings or assets on hand to pay for essential expenses during a period of unemployment. The report also notes that the poor economy is hitting minority More…
CHICAGO, IL — On the first official day of the general election homestretch, Sen. Barack Obama is rushing to address the latest economic news, as the government bails out the mortgage giants. He is probably also looking to counter The St. Paul Bounce — which is powering the Republican ticket’s More…
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