Sep 04 How Do We Compare Unemployment Across Decades If More People in a Household Are Working Now? Question: Economic reports routinely compare current unemployment statistics against historical unemployment statistics. However, I haven’t seen any discussion of the significant increase in the number of household members who are employed or looking for employment and its impact on such… Continue reading
Sep 04 In a Difficult Job Market, Settling for Less By Business Desk Editor’s note: In a report that aired earlier this week about a Manhattan job fair, Paul spoke at length with Philip Mereday, a former executive who had been out of work for about a year. Mereday, a college graduate… Continue reading
Sep 04 Unemployment Rises to 9.7%, Though Hints of Recovery Remain By Quinn Bowman U.S. employers shed 216,000 jobs in August, increasing the unemployment rate to 9.7 percent, the highest level since 1983. Continue reading
Sep 03 Health Care Reform Splits Retailers In a summer of health care reform twists and turns, few things may have surprised the public more than the debate over the positions that their favorite -- and least-favorite -- places to shop have taken on the issue. Continue reading
Sep 03 Of Dollars and Spidey Sense: Disney Has Much to Gain by Purchasing Marvel Disney's plan to buy Marvel Entertainment, Inc. for $4 billion opens up the gates of the Magic Kingdom to a whole host of new characters and helps complete the evolution of comics from a dime-store fringe market to a global… Continue reading
Sep 03 Can the Economy Truly Recover With So Many States in the Red? Question: We keep hearing phrases such as “when the recession/depression is over,” but none of the analysis (that I’ve read or heard, anyway) addresses the relationship of the current and impending government insolvencies. Surely our economy can’t recover while… Continue reading
Sep 03 Watch Madoff Report Highlights SEC Lapses in Detecting Fraud A scathing report by an inspector general for the Securities and Exchange Commission has found the agency missed numerous chances to uncover Bernard Madoff's Ponzi scheme. A financial reporter and a law professor speak with Jeffrey Brown about the SEC's… Continue watching
Sep 02 A New Deal for Artists Artists today have a number of safety nets to help ease the pain brought on by a battered economy, but during the Great Depression it took a federal stimulus program of sorts to protect many of the nation's painters and… Continue reading
Sep 02 If Big Banks Were Allowed to Fail, Would the FDIC Need a Bailout? Question: Some have said that big banks, like Citi or Bank of America, should have been allowed to fail. Given their size, could the FDIC really have covered the insured deposits? Or would the… Continue reading
Sep 02 Watch Other News: Worker Productivity Soars Most in 6 Years In other news, the Labor Department reported worker productivity jumped last spring by the most in six years, and an SEC investigation concluded that agency flaws enabled Bernie Madoff. Continue watching