Dec 09 The Day Reagan’s Labor Secretary Admitted He Was Wrong About Inequality Reporting on the release of the monthly jobs numbers last Friday, we spoke with Northeastern University political economist Barry Bluestone about what he called generally good news: 200,000 people back to work and the unemployment… Continue reading
Dec 09 Boomers Beware: Are Online Social Security Benefit Calculators Safe? By Laurence Kotlikoff By Larry Kotlikoff Not understanding what you're inputting to an online Social Security benefit calculator could result in a wildly inaccurate benefit estimate. Photo courtesy of Kick Images via Getty Images. Larry Kotlikoff's Social Security original 34 "secrets", his… Continue reading
Dec 09 Boomers beware: Are online Social Security benefit calculators safe? By Laurence Kotlikoff Not understanding what you're inputting to an online Social Security benefit calculator could result in a wildly inaccurate benefit estimate. Photo courtesy of Kick Images via Getty Images. Continue reading
Dec 06 Gwen’s Take: Meeting Nelson Mandela By Gwen Ifill Nelson Mandela, seen here in 1990 embracing a young girl from Soweto, inspired South Africans and the world with his message of peace. He was also a shrewd politician who knew how to fight the necessary battles. Photo by Alexander… Continue reading
Dec 06 Why people with jobs should want other people to have them too Lower unemployment isn't just a good sign for those looking for work; fuller employment also brings economic benefits to workers already employed. Dean Baker and Jared Bernstein explain. Photo by Spencer Platt/Getty Images. Continue reading
Dec 06 Why People with Jobs Should Want Other People to Have Them Too By Dean Baker and Jared Bernstein Lower unemployment isn't just a good sign for those looking for work; fuller employment also brings economic benefits to workers already employed. Dean Baker and Jared Bernstein explain. Photo by Spencer Platt/Getty Images. The… Continue reading
Dec 06 At November’s pace, 5 percent unemployment by the end of Obama’s second term By Paul Solman November's jobs report painted a rosier view of the economy, and if job growth continued at the same pace -- or even slightly less -- the unemployment rate would fall to 5 percent by the end of President Barack Obama's… Continue reading
Dec 06 At November’s Pace, 5 Percent Unemployment by the End of Obama’s Second Term By Paul Solman By Paul Solman Our "Solman Scale" measures the "U-7," adding to the officially unemployed part-timers looking for full-time work and "discouraged" workers -- everyone who didn't look for a job in the past week but says they want one. 203,000… Continue reading
Dec 05 Remembering the regal and gracious Nelson Mandela By Charlayne Hunter-Gault Longtime PBS NewsHour correspondent Charlayne Hunter-Gault reflects on the first time she interviewed Nelson Mandela, who died Thursday at the age of 95. In this 1990 file photo, Hunter-Gault is seen with Mandela shortly after he was released from… Continue reading
Dec 05 Illinois governor signs state pension reform into law Illinois Gov. Pat Quinn signed into law Thursday new legislation that aims to reform the state's underfunded pension system -- a $100 billion unfunded liability that was the worst in the United States. "Illinois is moving forward," Quinn said… Continue reading