Dec 03 Watch Dog-Walkers to Dominatrices: Many College Grads Face 'Malemployment' Conventional wisdom held that a college degree was a gateway to a better -- and better-paying -- career and lifestyle. But are those student loans worth it? Paul Solman looks at how a group of recent college graduates is faring… Continue watching
Dec 03 Watch News Wrap: Wall Street Not Intimidated by Job Numbers, Big Trade Deal Struck In other news Friday, the Dow Jones industrial average shook off disappointing jobs numbers and gained more than 19 points. The NASDAQ rose 12 points, with both indices closing the week up more than 2 percent. Also, an announcement came… Continue watching
Dec 03 Watch New Jobs Report Disappoints as Challenges Mount for Long-Term Unemployed November's job numbers showed unemployment rising to 9.8 percent -- a disappointing surprise for analysts. Employers added only 39,000 jobs, compared to 172,000 in October. Jeffrey Brown discusses what's ahead for the economy and unemployed people with Lisa Lynch of… Continue watching
Dec 03 Debt Commission Fails to Send Plan to Congress President Obama delivers remarks and signs an executive order establishing the bipartisan National Commission on Fiscal Responsibility and Reform on Feb. 18, 2010 at the White House with co-chairs Erskine Bowles and Alan Simpson. (Tim Sloan/AFP/Getty Images) A majority… Continue reading
Dec 03 Unemployment Verdict: Worse Than it Appears By Elizabeth Shell The verdict on today's unemployment numbers is unequivocal. Conservative economist Peter Morici writes: "Terrible! Only 39,000 new jobs created is awful. After we back out health care and social services, which are largely government funded, the private sector… Continue reading
Dec 03 Unemployment Figures: Worse Than They Appear By Paul Solman The verdict on today's unemployment numbers is unequivocal. Conservative economist Peter Morici writes: "Terrible! Only 39,000 new jobs created is awful. After we back out health care and social services, which are largely government funded, the… Continue reading
Dec 03 Unemployment Rate Rises to 9.8% in November; Korean Tensions Simmer The Bureau of Labor Statistics released new unemployment data Friday showing the unemployment rate rose to 9.8 percent, the highest in seven months. Employers added 39,000 jobs last month, in contrast with the 172,000 added in… Continue reading
Dec 03 Breaking Down the November Unemployment Numbers By Elizabeth Shell Unemployment rose little in November, with the official rate edging up slightly from 9.6 percent to 9.8 percent. The government's broadest measure of unemployment stayed steady at 17 percent. This figure includes the unemployed plus all who are only marginally… Continue reading
Dec 03 The Morning Line: Senators Prepare for Weekend Showdown on Tax Cuts If you didn't get your fill of the tax-cut version of "Masterpiece Theater" yesterday in the House, fear not. You will have a chance to tune in to C-SPAN2 this weekend and catch Democratic senators trying to win a… Continue reading
Dec 02 Watch Fed Disclosure Sheds Light on Scope, Risk of $3 Trillion Safety Net The Federal Reserve has released documents detailing $3.3 trillion worth of emergency efforts to prop up failing banks, Wall Street firms and large companies during the height of the financial crisis. Jeffrey Brown breaks down the new disclosures with Neil… Continue watching