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
Nov 29 Obama’s Call for Pay Freeze Stirs Up Debate on Federal Workers President Obama's call to freeze federal workers' pay for two years marks the biggest moment yet in an escalating debate over whether government employees are overpaid and often protected from the worst of economic conditions -- or whether… Continue reading
Nov 29 Doesn’t Social Security Pay For Itself, Since it’s Taken Out of My Paycheck? By Elizabeth Shell The following email comes via the PBS Ombudsman: Name: Phyllis Koch Question: I am constantly frustrated as I listen to your interviewers and commentators talk about deficits/budgets/where to cut and always including Social Security. Social Security is always mentioned… Continue reading
Nov 29 Doesn’t Social Security Pay for Itself, Since It’s Taken Out of My Paycheck? By Paul Solman Paul Solman answers questions from NewsHour viewers and web users on business and economic news most days on his Making Sen$e page. Here's Monday's query: The following email comes via the PBS Ombudsman: Name: Phyllis Koch Question:… Continue reading
Nov 15 Watch News Wrap: Irish Officials Confirm Debt Talks, Say Bailout Not Needed In other news, Ireland's debt soared after it rescued five banks from huge real estate losses, but officials there insist the country doesn't need a bailout. Meanwhile, European Union officials reported the Greek government has much more debt than first… Continue watching
Nov 11 Watch Deficit Plan Revives Debate on Spending Priorities Jeffrey Brown gets three perspectives on the bipartisan fiscal commission's recommendations to cut spending and change tax policy to combat the federal deficit. Continue watching
Sep 30 Watch AIG Looks to Repay Government, But Will Taxpayers Break Even? Insurance giant AIG and the U.S. Treasury unveiled a plan to speed up the repayment of more than $100 billion in federal bailout money. Ray Suarez talks to economic writers Roben Farzad of Bloomberg Businessweek and Louise Story of The… Continue watching
Aug 24 Watch News Wrap: Boehner Calls for Change in Economic Strategy House Minority Leader John Boehner called for President Obama to fire his top economic advisers, Treasury Secretary Timothy Geithner and National Economic Council chief Larry Summers. Meanwhile, voters went to the polls in five states that held primary or run-off… Continue watching
Jul 23 Watch In Spain, Crushing Unemployment Piles Onto Economic Worries Paul Solman wraps up his weeklong reporting on Europe's economic woes with a final report concentrating on the massive unemployment problem in Spain. Continue watching
Jul 21 Watch Examining the Underground Greek Economy Amid Escalating Debt Many Greek citizens have reacted in anger over governmental attempts to impose austerity measures as the country battles its economic troubles. As part of his series on making sense of economic issues, Paul Solman looks at Greece's debt and the… Continue watching