Feb 04 A Disjointed Jobs Report and U-7, Month Two By Paul Solman Today's unemployment data are a muddle. The two surveys - of individuals and of employers - seem to say very different things. Unemployment dropped - to 9 percent, according to the "household survey." Three cheers. But the "payroll… Continue reading
Feb 04 A Disjointed Jobs Report and U-7, Month Two By Elizabeth Shell Today's unemployment data are a muddle. The two surveys - of individuals and of employers - seem to say very different things. Unemployment dropped - to 9 percent, according to the "household survey." Three cheers. But the "payroll survey" reports… Continue reading
Feb 04 Watch Paul Solman and Hari Sreenivasan Talk Unemployment Paul talks about a much broader measure of unemployment: his own U-7. Continue watching
Feb 04 Unemployment Dips in January, Australia Cleans Up from Cyclone The unemployment rate fell by 0.4 percent from December, settling at 9 percent in January. According to the Bureau of Labor Statistics, 36,000 new jobs were added, the gains were the smallest in four months. Industries affected by… Continue reading
Feb 03 AIG and Credit Default Swaps: A Clarification By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's Thursday's query: Name: Merritt Dunn Question: Since the Treasury Department bailed out AIG and… Continue reading
Feb 03 AIG and Credit Default Swaps: A Clarification By Elizabeth Shell Name: Merritt Dunn Question: Since the Treasury Department bailed out AIG and AIG had underwritten a large number of credit default swaps (that I understand pay up if a certain percentage of mortgages in a portfolio go into foreclosure), then… Continue reading
Feb 03 President Obama's Push for Innovation Hits Happy Valley Last week, President Obama visited Wisconsin to highlight efforts to rebuild the economy. He heads to Pennsylvania next. Photo by Brian Kersey/Pool-Getty Images. The crisis in Egypt has largely sidelined President Obama's plan to sell his "Winning the… Continue reading
Feb 02 One-Million Car March? By Paul Solman A warning to those expecting EVs (electric vehicles) to clog the roadways anytime soon, or even to meet President Obama's stated goal of one million by 2015: It's not likely to happen, despite the fact that the U.S. has as… Continue reading
Feb 02 As Recession Lingers in Evangelical Epicenters, How Will Voters React? Nixa, Mo.'s Main Street; Creative Commons photo courtesy Casey Spivey NIXA, Mo. | By most standard measures -- gross domestic product, consumer spending and the like -- the United States is in the midst of a… Continue reading
Feb 02 One-Million Car March? By Elizabeth Shell A warning to those expecting EVs (electric vehicles) to clog the roadways anytime soon, or even to meet President Obama's stated goal of one million by 2015: it's not likely to happen, despite the fact that the U.S. has as… Continue reading