Related Content: jobs
'Forward' Starts in Reverse; Obama Campaign Anchors 2012 Message to Economic Deluge of 2008Essential Reads The first 38 seconds of President Obama's new 7-minute campaign video are devoted to the economic deluge he inherited. Team Obama doesn't blame President Bush's administration for this bitter economic bequest by name, but the inference is inescapable. |
Fewer Americans Form Households After Recession, Hampering Economic RecoveryEssential Reads It had been a long road, but when Sabrina Torres received her master’s degree in 2010, she was sure it would eventually pay off in a good job that would allow her to afford an apartment. She is still waiting. The American University graduate’s financial struggles have prevented her from living on her own, making her part of a dramatic slowdown in household formation that is both a consequence of the economic downturn and a continued obstacle to overcoming it. |
PBS NewsHour: Jobs, Student Loan Help Focus of Obama, Romney Pitches to Young VotersWeb content Hoping to appeal to youth voters, President Obama spoke Tuesday on the rising cost of higher education while Mitt Romney criticized his record on job creation. Gwen Ifill, the Democratic National Committee's Patrick Gaspard and the College Republican National Committee's Alex Schriver discuss campaign outreach to young voters. |
Raise the Minimum WageOn The Radar Here’s an unhappy observation about the minimum wage: Congress last increased the rate in stages in 2006, topping it out at $7.25 an hour in 2009, or $15,080 a year. That amount, when adjusted for inflation, is actually lower than what a minimum-wage worker earned in 1968 and is too meager to offer anyone the chance to climb out of poverty, let alone afford basic goods and services. |
World Economy Highly UnstableOn The Radar The IMF is raising its forecasts for global growth from levels it expected in January, but there is still a "high degree of instability" in the world economy, Managing Director Christine Lagarde says in an interview with the WSJ's David Wessel. |
Jobs Report Leaves Obama, Romney Campaigns WaryOn The Radar The nation's steady-but-modest job growth presents political challenges for both of November's all-but-certain presidential rivals. Republican Mitt Romney needs an ailing economy to fully exploit his image as a "Mr. Fix-It" who can restore the nation's financial health, as he turned around the troubled 2002 Winter Olympics. President Barack Obama needs job-creation momentum to convince voters that things are moving in the right direction, even if millions of people remain unemployed. |
Obama Resets Campaign Debate, But Not to JobsOn The Radar Any day now, someone is going to grab the wheel of the 2012 presidential election and yank it toward the issue that American voters overwhelmingly worry about: jobs. There are still 13 million Americans looking for work; the average time someone spends unemployed has soared to nearly 10 months. So the candidates can’t keep fighting over gas prices, contraception, and the specter of some ambiguously far-off debt crisis – can they? |
Heaviest 2013 Defense Budget Cuts Would Fall on TroopsOn The Radar As the Pentagon sought to show Monday that it had made tough spending decisions in its fiscal 2013 budget proposal, the brunt of the reductions would fall on U.S. ground troops, which face job losses, modest pay raises and increased health care costs while serving in a smaller force. |
A Game of Two HalvesOn The Radar Even people who don’t normally care much for football tune in to the Super Bowl to watch the best commercials Madison Avenue can dream up. The most talked about this year was Chrysler’s gritty tribute to the economic revival of America and Detroit. More short film than commercial, it ends with the actor Clint Eastwood huskily declaring that “Our second half is about to begin.” |
