Related Content: unemployment

Software Raises Bar for Hiring

Essential Reads

n an essay in this newspaper last fall, Peter Cappelli, a professor of management and human resources at the University of Pennsylvania's Wharton School, challenged the oft-heard complaint from employers that they can't find good workers with the right skills. "The real culprits are the employers themselves," he asserted. "It is part of a long-term trend," he adds in an interview, "and the recession caused employers to be able to be pickier, to get even more specific in the skills they think they can find outside the company and to cut back on training."

Will the U.S. Economy Bounce Back Later This Year?

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David Wessel on The News Hub discusses the outlook for the U.S. economy and whether we're likely to see growth rebound in the second half of 2012.

Seeking the Missing Five Million Workers

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In the past two years, the over-age-16 population of U.S. has grown by 5.4 million. But the "labor force" hasn't grown at all. David Wessel on The News Hub looks at what's behind the drop and why you should care.

2008 Bank Bailout

Vault Show

The 2008 financial crisis and bank bailouts have undoubtedly shaped the current economy and the politics leading to the 2012 Presidential election. How did the 2008 presidential candidates John McCain and Barack Obama approach these subjects in their campaigns? Joining Gwen: Jeff Zeleny, New York Times; Charles Babington, Associated Press; John Dickerson, Slate/CBS News; Jeanne Cummings, Politico.

Obama launches campaign against Romney, but his real opponent is the economy

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President Obama formally launched his reelection campaign here Saturday with some old favorites, from “fired up, ready to go” to a closing bow to “hope and change.” But almost everything else about the day spoke to the differences between his first and second runs for the president. The president used his rallies to try to begin to disqualify Mitt Romney. Yet the coming election is still more about him than his probable Republican rival.

May 04, 2012

Weekly Show

The U.S. and China continue to negotiate over activist Chen Guangcheng's travel to America. Plus, President Obama visited Afghanistan on the one year anniversary of Osama bin Laden's death. Also, new unemployment numbers and the 2012 presidential race. Joining Gwen: Martha Raddatz, ABC News; Peter Baker, New York Times; David Wessel, Wall Street Journal; Charles Babington, Associated Press.

The Pace We've Come to Expect

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For the second month in a row, America’s labour market has disappointed, once again raising questions about whether the economic recovery is truly entrenched. Nonfarm payrolls rose just 115,000 in April from March. While the unemployment rate dipped to 8.1%, the lowest since early 2009, from 8.2%, it did so for the wrong reason: the labour force (those working or looking for work) shrank by 342,000.

Working-Class Concerns Don’t Cause Romney or Obama Pain

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Amanda Thomas wanted to share with Mitt Romney her long list of worries: a health-care law that will hurt her husband’s business, the debt that will burden her 2-year-old daughter’s generation, and the financial anxieties of her parents in their golden years. “I’m worried about my baby and I’m worried about my parents,” she told the Republican presidential candidate, sitting at a picnic table in the Pittsburgh suburb of Bethel Park, Pennsylvania.

The Buffett Rule Won’t Get You a Job

On The Radar

On the seventh and final page of its background report on the "Buffett Rule," out this morning, the Obama administration finally dives into what it calls “the economic rationale” for imposing a new minimum tax rate on millionaires. If you’re an unemployed American, that placement should be your first red flag. The second should be the rationale itself.
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Obama Holds Key Leads on Romney, as Economy Malaise Looms over Reelection Bid

On The Radar

With the general-election campaign beginning to take shape, President Obama holds clear advantages over Mitt Romney on personal attributes and a number of key issues, but remains vulnerable to discontent with the pace of the economic recovery, according to a new Washington Post-ABC News poll.
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