That 46.2 million people live in poverty in the U.S. is only one of the most important indicators of the the U.S. Census Bureau report released this week.
The Census Bureau reports that 2010 is the fourth consecutive annual increase and the largest number in the 52 years for which poverty More…
This morning, the outplacement consulting firm Challenger, Gray & Christmas said that planned payroll cuts were 38,810 in May — roughly the same level as in April, when job cuts hit a four-year low. It’s good news: Planned layoffs have stabilized close to their rate before the recession hit. More…
Today, the Labor Department announced that the unemployment rate fell in 34 states from March to April, did not change in 10 states and rose in six. That falling unemployment rate in 34 states was offset by job losses and new entrants to the labor market in bigger states. More…
The good news: Officially the nation’s unemployment rate fell to 9.7 percent in January, down from 10 percent in December.
The bad news: That figure ignores (1) those working part time who’d rather be working full time, and (2) those who’ve simply stopping looking for work altogether. Also, More…
Last week’s horrendous jobs report actually understates the nastiness of the recession. Along with the 533,000 jobs lost in November, the government nearly doubled previous job-loss estimates for September and October, bringing total losses thus far in 2008 close to the 2 million mark. In short, we are More…
Political pop quiz: What could be more important in this race than that combative, buzz-driving VP debate?
Well, the new job loss figures are in. For the ninth straight month, U.S. jobs are down — this time by 159,000. “The decline in non-farm employment was the steepest in five More…
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