Dec 06 Texas Considers Dropping Medicaid as States Face Budget Crisis Texas State Capitol Building (Flickr Creative Commons/Ed Schipul) For 45 years, the states and federal government's Medicaid program has provided health care to low income children, pregnant women, seniors and disabled adults. Today, Medicaid covers about 50 million Americans. Continue reading
Dec 06 Malemployed College Graduates Cope with Discouragement By Elizabeth Shell Headline unemployment (U-3) was up to 9.8 percent in November, and the government's broadest indicator, U-6, which includes all who worked at all last month, even if just for an hour -- is holding steady at 17 percent. Add… Continue reading
Dec 06 Malemployed College Graduates Cope with Discouragement By Elizabeth Shell Headline unemployment (U-3) was up to 9.8 percent in November, and the government's broadest indicator, U-6, which includes all who worked at all last month, even if just for an hour -- is holding steady at 17 percent. Add… Continue reading
Dec 06 Deal on Extending Tax Cuts Appears on the Horizon From left, Senate Democrats Jack Reed, Mark Begich, Ben Cardin, Sherrod Brown, Charles Schumer, Frank Lautenberg and Al Franken hold a news conference Saturday at the Capitol. Photo by Bill Clark/Roll Call. Almost as soon as President George… Continue reading
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