Jul 02 Watch 5:16 Labor participation has hit a 38-year low, and that’s a problem By PBS News Hour In June, the U.S. economy added 223,000 jobs and unemployment fell to its lowest rate in seven years. But the proportion of Americans working or looking for work is now the smallest it’s been in nearly four decades, and wages… Continue watching
Jul 02 June’s unemployment dip means more Americans leaving the workforce By Kristen Doerer The numbers are in for June. The U.S. added 223,000 jobs and the unemployment rate dropped two tenths of a percent to rest at 5.3 percent. So why does economy still feel sluggish?… Continue reading
Jul 02 Watch Did airlines coordinate to limit capacity and keep fares up? By PBS News Hour The Justice Department has begun to investigate several major airlines for possible collusion over keeping fares high. For insight, Hari Sreenivasan turns to Sen. Richard Blumenthal, D-Conn., who asked the DOJ to investigate airlines last month. Continue watching
Jul 01 Watch 4:12 Greece’s Tsipras urges defiance after creditors reject late offer By PBS News Hour The scene in Greece has become one of desperation and chaos after the country defaulted on its bailout debt, and European creditors rebuffed a late request by Prime Minister Alexis Tsipras. Special correspondent Malcolm Brabant reports from Athens on how… Continue watching
Jul 01 Medicare woes: Why the meds your doctor prescribes are outrageously expensive By Philip Moeller If there's one area of Medicare that needs fixing it's how doctors prescribe medications and the Medicare rules under which we pay for them. While your doctor should know better than to prescribe you a drug that costs an arm… Continue reading
Jun 30 Watch 8:53 ‘Managers used to be middle-class jobs’: Labor Secretary Perez on expanding overtime pay By PBS News Hour President Obama is calling for a substantial expansion of who’s eligible to earn overtime pay. His proposal would the lift the salary cap to $50,000 for all workers, even managers and executives. But many businesses have said the president’s idea… Continue watching
Jun 30 Watch 4:56 Greece misses debt payment and Greek anxiety grows By PBS News Hour An 11th-hour attempt by Greek Prime Minister Alexis Tsipras to extend its debt bailout failed to stop the country from becoming the first developed nation to miss a payment to the IMF. In Athens, thousands rallied outside Parliament, urging a… Continue watching
Jun 29 Watch 5:33 Uncertainty is certain as Greece grapples with debt crisis By PBS News Hour Greece is facing great uncertainty on the eve of a debt default and ahead of a national referendum next Sunday. Judy Woodruff talks to Greg Ip of The Wall Street Journal about the potential consequences for Greece and the Eurozone,… Continue watching
Jun 29 Watch 4:11 On brink of default, Greece imposes cash crunch By PBS News Hour The Greek government closed all banks and made ready to default on a major debt payment after bailout talks with international creditors collapsed over the weekend. Greeks lined up at ATMS and rushed to gas stations, but were met with… Continue watching
Jun 29 Hurray if you’re gay! Time to get what’s yours from Social Security By Laurence Kotlikoff The Supreme Court’s historic decision to legalize gay marriage means gay spouses can now collect spousal benefits, regardless of what state they call home. But how much do gay spouses know about Social Security benefits and how to collect them?… Continue reading