Sep 05 Obama Rallies Support Ahead of Jobs Speech President Obama speaks during Labor Day celebrations on September 5, 2011 outside General Motor's world headquarters in Detroit, Mich. Photo by Mandel Ngan/AFP/Getty Images. Days after the August jobs report showed zero growth -- and ahead of a prime-time… Continue reading
Sep 02 Watch Can America's Jobless Fill American Jobs? With the U.S. unemployment rate stuck around 9 percent, economics correspondent Paul Solman explores whether widespread joblessness is simply the result of a weak economy or if a broader shift toward higher-skill work is occurring that could leave many Americans… Continue watching
Sep 02 Watch Weakest Employment Report in a Year Shows Job Growth Slowing to a Standstill The unemployment numbers released Friday by the Labor Department constitute the weakest report in a year with no net jobs added in August and that national unemployment rate stuck at 9.1 percent. Ray Suarez discusses what the dismal report means… Continue watching
Sep 02 August Jobs Numbers Spell Bad News for Long-Term Growth Not good. Friday's job numbers, that is. Yes, there was an extenuating event: 48,000 or so Verizon workers walked off the job during August, and they're in the data as job losses, it seems. But the consensus forecast,… Continue reading
Sep 02 August Jobs Numbers Spell Bad News for Long-Term Growth Photo by Jeff Kowalsky/Bloomberg via Getty Images. Not good. Friday's job numbers, that is. Yes, there was an extenuating event: 48,000 or so Verizon workers walked off the job during August, and they're in the data as job… Continue reading
Sep 02 Unemployment Rate Remains 9.1% in August, Zero Net Jobs Added Photo by Getty Images August unemployment numbers, released Friday by the Bureau of Labor Statistics, remained stagnant as employers added no net jobs -- the first government report of zero new jobs since 1945. While private… Continue reading
Sep 01 Watch New Economic Reports Offer Mixed Signals With All Eyes on Job Creation Economic Data Offer Mixed Signals With All Eyes on Jobs… Continue watching
Sep 01 Watch Writer Asks: Can the Middle Class Be Saved? The cover article in the latest issue of The Atlantic magazine asks: "Can the middle class be saved?" Jeffrey Brown speaks with author Don Peck about his take on the erosion of America's middle class. Continue watching
Sep 01 Is Fed Policy of Interest on Excess Reserves 'Outrageous'? By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news on his Making Sen$e page. Here is Thursday's query. Name: Fred McEwan Question: [A] Huffington Post article states that one huge reason for… Continue reading
Sep 01 Is Fed Policy of Interest on Excess Reserves 'Outrageous'? By Paul Solman Name: Fred McEwan Question: [A] Huffington Post article states that one huge reason for banks not lending is that the Fed pays them a quarter cent interest on all their held cash assets. If this is true, why would they… Continue reading