unemployment – News Stories About unemployment - Page 22

paul krugman

Aug 13, 2010 1:02 PM CDT

Bernanke, Please Heed Your Own Advice

Your dithering is keeping Americans unemployed

(Newser) - If only Ben Bernanke would listen to himself—or at least the self that blasted Japan's government in the '90s for passively allowing the economy to wither, writes Paul Krugman. Back then, he urged Japan to "abandon its excessive caution" and accused economic officials of using flimsy technical excuses...

House Approves
$26B in Jobs Aid

Aug 10, 2010 3:57 PM CDT

House Approves $26B in Jobs Aid

Republicans criticize it as another bailout

(Newser) - The House today approved $26 billion in emergency funding intended to protect the jobs of teachers and other government employees across the country, the Washington Post reports. Nancy Pelosi called the House back from August recess for a 1-day session to approve the bill, which she thinks will save 300,...

US Workers Stretched Thin

Hirings Ahead?

Aug 10, 2010 1:55 PM CDT

US Workers Stretched Thin

With productivity decreasing, companies may need to hire

(Newser) - The employed portion of the US workforce is feeling burnt out. According to new numbers from the Labor Department, productivity fell 0.9% this quarter, as the time workers spent on the job rose faster than the economic output they produced. That means companies could soon be forced to hire...

Why My Company Isn't Hiring

opinion

Aug 9, 2010 1:10 PM CDT

Why My Company Isn't Hiring

Taxes are driving up unemployment

(Newser) - Why is unemployment so high? Blame the government, writes Michael Fleischer in the Wall Street Journal . Using the employee who has his company's median salary as an example, the head of Bogen Communications explains that though she makes $59,000 on paper, she actually takes home only $44,000 after...

Tips for Online Job Hunters

Jul 24, 2010 4:24 PM CDT

Tips for Online Job Hunters

For starters, be careful about anything you post

(Newser) - Online job hunters make common mistakes, writes Elizabeth Garone in the Wall Street Journal. Things to keep in mind:

Mind your manners: This applies to your tweets, blogs, even your Facebook postings. Most hiring managers review your online presence, and most have rejected people because of something inappropriate they dug

...

Bernanke: Unemployment Will Be High
for Years

Jul 21, 2010 3:24 PM CDT

Bernanke: Unemployment Will Be High for Years

Financial picture is 'unusually uncertain'

(Newser) - Ben Bernanke isn't exactly spreading good tidings in his semiannual report to Congress. Two of the lowlights, from the New York Times :

Unemployment: Expect it to remain high, as in well above 7%, through the end of President Obama's first term. Bernanke said it will take "a significant amount

...

Reasons to Bet Against
a Double-Dip Recession

OPINION

Jul 19, 2010 3:34 PM CDT

Reasons to Bet Against a Double-Dip Recession

Data don't support hysterical headlines

(Newser) - Fears of a double-dip recession is running high, but economic data suggest that they are unfounded. Writing in the Wall Street Journal , Milton Ezrati of the money management firm Lord Abbett explains:

The consumer is regaining strength: A 1.4% decline in retail sales for May gave rise to double-dip

...

Voters Support
Helping Jobless,
Despite Deficit

Jul 15, 2010 5:30 PM CDT

Voters Support Helping Jobless, Despite Deficit

Polls show support for extending benefits

(Newser) - Most voters are in favor of helping the unemployed even if it means adding to the deficit, writes Arthur Delaney at the Huffington Post , who rounds up recent polls:

A CBS survey found that 52% of respondents—including 35% of Republicans—supported extending unemployment benefits at the cost of increasing

...

Companies Raking in Cash —Hoarding, Not Hiring

sorry, unemployed

Jul 15, 2010 9:00 AM CDT

Companies Raking in Cash —Hoarding, Not Hiring

Chamber of Commerce blames Obama administration

(Newser) - US corporations have been reporting impressive earnings, and piling up loads of cash—but they’re not actually spending that cash to hire anyone. Nonfinancial companies have about $1.8 trillion in cash on hand, which is roughly 25% more than at the start of the recession, the Washington Post...

Jobless Flood
Suicide Hotlines

Jul 7, 2010 2:13 PM CDT

Jobless Flood Suicide Hotlines

Calls spike 18% from January to May

(Newser) - Calls to the National Suicide Prevention Lifeline have spiked precipitously this year, likely indicating a surge in actual suicides. The official suicide rate always lags by several years, but the Lifeline says calls jumped 18% from January to May, reaching an all-time high of 59,500. It’s possible that’...

Hey, Stimulus Backers,
Don't Be So Arrogant

david brooks

Jul 6, 2010 12:21 PM CDT

Hey, Stimulus Backers, Don't Be So Arrogant

At least concede the possibility you're wrong

(Newser) - David Brooks sounds a bit fed up with all the economists— Paul Krugman , he's looking at you—loudly demanding another stimulus. Among the shots in today's New York Times column:

"The Demand Siders are brilliant, but they write as if changing fiscal policy were as easy as adjusting the

...

Jobless Masses a Boon
for Employers

Jun 28, 2010 3:00 PM CDT

Jobless Masses a Boon for Employers

Companies can hire better workers, pay less

(Newser) - High unemployment isn’t bad for everyone. Many companies are taking advantage of the jobless masses, hiring extremely motivated workers at discount rates, Bloomberg reports. “Companies are getting higher-productivity employees for the same or lower wage rate they were paying a marginal employee,” explains one investment strategist. “...

It's the Anti-Stimulus We
Should Be Worried About

Ezra Klein

Jun 20, 2010 7:33 AM CDT

It's the Anti-Stimulus We Should Be Worried About

State budget cuts are wiping out the effects of the stimulus

(Newser) - The success of the Obama stimulus in creating jobs has been broadly, and furiously, debated—and will continue to be as the election season nears. But Ezra Klein argues today that in the end it's the "anti-stimulus"—the massive constriction of state budgets—that will decide our economic...

Private Hiring
Weaker Than
Expected

unemployment at 9.7%

Jun 4, 2010 8:04 AM CDT

Private Hiring Weaker Than Expected

Temporary census jobs account for nearly all the growth

(Newser) - The nation's payroll grew by 431,000 last month—almost all because of a burst of temporary census hiring by the government. Private payrolls grew at the slowest pace since the start of the year—economists had expected more than 500,000 total new jobs. The unemployment rate dipped to...

Jobless Man Sends Senator Angry Emails, Gets Arrested

May 26, 2010 12:36 PM CDT

Jobless Man Sends Senator Angry Emails, Gets Arrested

Faces felony charges over notes to Bunning

(Newser) - When Sen. Jim Bunning single-handedly blocked an expansion of unemployment benefits—and complained that he'd had to miss a Kentucky-South Carolina basketball game to do it—unemployed Philadelphia man Bruce Shore did what any furious voter would do: he sent Bunning an email. “ARE you'all insane?” it read. “...

Welcome to the
Real World;
It Stinks

joe queenan

May 17, 2010 1:56 PM CDT

Welcome to the Real World; It Stinks

Class of 2010 has dim prospects and unrealistic expectations

(Newser) - A meeting with a childhood friend of his twentysomething son—an Ivy League grad making $250 a week as an intern with a street fair—got Joe Queenan thinking. His inescapable conclusion: the millennials are screwed. "With the obvious exception of youngsters born during the Great Depression," Queenan...

Job Creation Up,
but So Is Jobless Rate

May 7, 2010 8:27 AM CDT

Job Creation Up, but So Is Jobless Rate

Unemployment at 9.9% as job seekers re-enter market

(Newser) - Employers stepped up job creation in April, expanding payrolls by 290,000, the most in four years, the AP reports. The jobless rate also rose, to 9.9%, as people resumed their searches for work. The hiring of 66,000 temporary government workers to conduct the census helped overall payroll...

Job Market Rough
on Baby Boomers

May 2, 2010 12:05 PM CDT

Job Market Rough on Baby Boomers

Unemployment for 55-and-older set highest since WWII

(Newser) - The economy may be showing signs of recovery, but the job prospects for out-of-work baby boomers remain troubling, reports NPR . The unemployment rate among the 55-and-older set hit 7.2%, the highest since the end of World War II. And while that may be lower than the overall rate, older...

Jobs Surge Back
for Techies

Apr 16, 2010 8:06 AM CDT

Jobs Surge Back for Techies

Google hired 786 employees in Q1

(Newser) - If you went to MIT, the economy shouldn’t look half bad. Tech companies are hiring again, often even fighting over top recruits, the Wall Street Journal reports. Yesterday, Google announced that it had hired 786 employees in the first quarter, and said it expected to “continue hiring aggressively...

Employers Add Jobs in March

Apr 2, 2010 7:47 AM CDT

Employers Add Jobs in March

Increase of 162K keeps unemployment rate at 9.7%

(Newser) - The Labor Department delivered expected good news on the jobs front this morning: Employers added 162,000 jobs in March, the biggest monthly increase in 3 years. The gain, however, wasn't big enough to change the unemployment rate, which remained at 9.7% for the third straight month.