unemployment – News Stories About unemployment - Page 24

Beer never gets warm

Feb 15, 2010 4:35 PM CST

Jobless, Bored Guy Builds Massive Igloo

The beer never gets warm in 4-room structure, and there's even a TV

(Newser) - It's quite the man cave. Jimmy Grey has been out of work for almost a year and needed a project to stay busy. So the 25-year-old laborer took advantage of the heavy snowfall this winter and built an extreme igloo in the yard of his family's Cleveland-area house. His four-room...

One Quarter of
Jobs Lost Are
Gone for Good

Feb 12, 2010 5:34 AM CST

One Quarter of Jobs Lost Are Gone for Good

Recession changing America's mix of employers

(Newser) - One quarter of the jobs lost since the beginning of the recession won't be coming back. Instead, the estimated 8.4 million goner gigs will be replaced with different jobs in growing industries, finds a Wall Street Journal forecast. "Displaced workers won't be rehired unless we have double the...

Dow Up 12 as Stocks
Claw Back From Abyss

MARKETS

Feb 5, 2010 3:19 PM CST

Dow Up 12 as Stocks Claw Back From Abyss

Dow off 170 midday on European credit woes

(Newser) - Stocks regained their opening levels after severe losses that saw the Dow off 170 points at midday today. Despite better-than-expected US employment figures, worries about the creditworthiness of some troubled European nations exerted downward pressure on stocks, the Wall Street Journal reports.

The Dow Jones closed up 10.05 points

...

Unemployment Falls to 9.7%

Feb 5, 2010 7:40 AM CST

Unemployment Falls to 9.7%

It's the first time it's been under 10% in 4 months

(Newser) - The nation's unemployment rate fell unexpectedly to 9.7% in January, the Labor Department said today. The drop from 10% comes even as US employers cut another 20,000 jobs. The rate dropped because a survey of households found the number of employed Americans rose by 541,000. Overall, however,...

Beware of Deficit Hysteria

PAUL KRUGMAN

Feb 5, 2010 1:21 AM CST

Beware of Deficit Hysteria

GOP's fiscal fear-mongering hurts jobless

(Newser) - The "deficit hysteria" spreading throughout Washington and the media reminds Paul Krugman of the fear-mongering about weapons of mass destruction ahead of the Iraq war. Assertions that the deficit will doom the economic recovery and undermine America's place in the world are being tossed about as if they're facts,...

As Jobs Dry Up, Self Employment On the Rise

Feb 4, 2010 3:59 PM CST

As Jobs Dry Up, Self Employment On the Rise

More Americans set out on their own, often in real estate

(Newser) - The number of hours worked by the self-employed jumped 8.5% in the last three months of 2009, as more unemployed people decided to try being their own bosses and those already self-employed buckled down, according to new figures from the Labor Department. “Firms aren’t hiring, so people...

Reid Promises Vote on Jobs
Bill Next Week

Feb 4, 2010 12:08 PM CST

Reid Promises Vote on Jobs Bill Next Week

But so far, not one Republican senator is on board

(Newser) - Harry Reid plans to bring the first of several Democratic bills aimed at creating jobs to the Senate floor on Monday, with the goal of passing the measure by the end of next week. “For Senate Democrats, creating jobs is job number one,” the majority leader said. “...

'Let's Seize the Moment,
Start Anew': Obama

STATE OF THE UNION

Jan 27, 2010 8:25 PM CST

'Let's Seize the Moment, Start Anew': Obama

President focuses on health, jobs, ugly politics

(Newser) - In his first State of the Union address, President Obama waded directly into the financial crisis and the partisan mire of Capitol Hill in tonight’s wide-ranging speech. Obama said the US economy is still struggling, but “the worst of the storm has passed.” And, he urged the...

Obama Will Target Health, Jobs, 'Corrosive' Washington

STATE OF THE UNION EXCERPTS

Jan 27, 2010 6:56 PM CST

Obama Will Target Health, Jobs, 'Corrosive' Washington

'Despite our hardships, our union is strong,' speech says

(Newser) - The White House has released excerpts of President Obama’s State of the Union address scheduled for 9 EST tonight. Some highlights, via the Wall Street Journal :

“Despite our hardships, our union is strong. We do not give up. We do not quit. We don’t allow fear or

...

Panicky Dems
Switch Tack

It's the Economy, Stupid

Jan 21, 2010 3:30 AM CST

Panicky Dems Switch Tack

Party prepares to dig in for brutal midterm battles

(Newser) - Democrats shaken by the Massachusetts defeat are scrambling to find a strategy to avoid being swept out of office on a wave of populist anger this fall. Lawmakers agree that the party should switch its focus to jobs and the economy—but there's little consensus on the particulars. "Every...

Record 6.4 People Compete for Each Job Opening

Jan 12, 2010 4:40 PM CST

Record 6.4 People Compete for Each Job Opening

Competition for work reaches new high in US

(Newser) - The competition for jobs is intensifying as companies are reluctant to hire new workers, leaving millions of unemployed Americans chasing fewer job openings. There were nearly 6.4 unemployed workers, on average, for each available job at the end of November, the Labor Department reports. That's up from 6.1...

For Gay Marriage to Pass,
Economy Must Bounce Back

OPINION

Jan 8, 2010 7:07 PM CST

For Gay Marriage to Pass, Economy Must Bounce Back

Prosperity will translate into more open-mindedness

(Newser) - New Jersey's senate voted down gay marriage less than a day before conservative Portugal's parliament gave it the thumbs-up, and that got Alex Balk thinking: What will it take for same-sex marriage to fly in the US? The answer, counterintuitive though it may seem: economic recovery. "Legislators are not...

Dow Up 11 Despite Jobs Report

MARKETS

Jan 8, 2010 3:15 PM CST

Dow Up 11 Despite Jobs Report

Stocks make gains for first trading week of 2010

(Newser) - Stocks spent most of the day down modestly but pulled up sharply at the close, as traders proved relatively unmoved by disappointing December unemployment figures, the Wall Street Journal reports.

The Dow rose 11.33 points to close at 10,618.19.
The Nasdaq added 17.12, closing at 2,

...

1 in 5 US Men Unemployed

Jan 8, 2010 12:17 PM CST

1 in 5 US Men Unemployed

Recession has been especially hard on traditionally male jobs

(Newser) - Male unemployment has hit an all-time high, with a whopping 1 of every 5 working-age American men jobless, according to the latest government figures. The economic downturn has been especially brutal on traditionally male-dominated fields like construction and manufacturing, the Huffington Post explains, leading some to label it a “...

Unemployment Stays at 10%

Jan 8, 2010 7:42 AM CST

Unemployment Stays at 10%

Employers cut 85,000 jobs in December, more than expected

(Newser) - The economy lost more jobs in December and the unemployment rate was unchanged, signs that a sluggish economic recovery has yet to revive hiring. The Labor Department says employers cut 85,000 jobs last month, worse than the 8,000 drop analysts expected. A sharp drop in the labor force,...

Your Won't Keep
Those Resolutions:
Try These Instead

NEW YEAR'S

Dec 31, 2009 11:00 AM CST

Your Won't Keep Those Resolutions: Try These Instead

Don't quit smoking, start e-smoking, and other easy outs

(Newser) - Gawker knows you can’t keep those virtuous New Year’s resolutions, so it’s come up with some substitutions. They won’t make you “a better person,” but are at least achievable. Herewith, from Brian Boylan:

Lose weight: That's too hard; "we live in a

...

10 Best Cities to Get a Job

Dec 30, 2009 11:44 AM CST

10 Best Cities to Get a Job

DC tops search engine's list

(Newser) - Washington, DC is the easiest city in the country to land a job, says job-search site Juju.com, which ranked cities by comparing the Bureau of Labor Statistics’ figures on unemployed workers to the number of job postings on Juju itself. The site finds 1.87 “unemployed individuals per...

Jobless Kids
Need Tough Love,
not Coddling

Don't do their laundry

Dec 29, 2009 10:17 AM CST

Jobless Kids Need Tough Love, not Coddling

Parents shouldn't let them get too comfortable at home

(Newser) - Parents who want their adult kids to take job-hunting seriously shouldn't make things too comfortable for them at home, the British government warns. In the UK, the graduate unemployment rate is the highest it's been in 12 years, and a quarter of men 25 to 29 live at home, the...

Indexes Hit 2009 Highs;
Dow Closes Up 54

MARKETS

Dec 24, 2009 12:20 PM CST

Indexes Hit 2009 Highs; Dow Closes Up 54

Jobless numbers, metals sector spark wide rally

(Newser) - The major stock exchanges hit highs for the year today as traders reacted positively to news that new jobless claims grew less than projected. Health care was the only sector showing broad losses, a reaction to the Senate's passage of the health care bill, the Wall Street Journal reports.

The

...

How Republicans Won
the Economy Argument

opinion

Dec 23, 2009 1:53 PM CST

How Republicans Won the Economy Argument

For starters, wrongly blame Obama for unemployment

(Newser) - Republicans have won the political argument over the economy with a "nifty" two-step strategy, writes Jonathan Chait. First, blame President Obama for unemployment by focusing on the simple—make that simplistic—fact that more people are out of work now than when he took office. Second, beat him up...