Sep 29 Why are fewer people going to college? By Simone Pathe In an economy where college graduates earn significantly more than high school grads and enjoy a much lower unemployment rate, why are fewer people enrolling in college? Enrollment has dropped by nearly a million since 2011. Is this an expected… Continue reading
Sep 06 Watch U.S. unemployment decrease reflects more workforce dropouts By PBS News Hour According to Friday's jobs report, the unemployment rate dropped from 6.2 percent to 6.1 percent. However, the number of Americans dropping out of the workforce rose. Sudeep Reddy, an economics editor at the Wall Street Journal joins Hari Sreenivasan from… Continue watching
Sep 05 Watch New job growth doesn’t indicate a strong labor market By PBS News Hour Though economists predicted a month of strong hiring, only 142,000 positions were added to the market in August. Paul Solman explains why the growth disappointed many. Continue watching
Sep 05 Noisy data aside, the big question from August’s jobs report is who’s dropping out of the workforce? By Simone Pathe The economy added a fewer than expected 142,000 jobs last month -- the lowest monthly gain of the year. But the unemployment rate ticked down to 6.1 percent, which is good news, right? Maybe not. That all depends on who's… Continue reading
Sep 04 Jobless claims up slightly By Simone Pathe Initial jobless claims rose by 4,000 for the week ending August 30, bringing the total for the week to only slightly higher than the projected 300,000. Continue reading
Sep 01 Watch U.S. optimism lags behind economic gains, study finds By PBS News Hour For many months now, the number of new jobs created has risen and the jobless rate has fallen substantially. But despite what appears to be a slow and steady recovery, a new study finds that 71 percent of Americans believe… Continue watching
Sep 01 Obama delivers Labor Day pep talk, renews push for raising minimum wage By Jim Kuhnhenn, Associated Press WASHINGTON -- Boosted by recent economic gains, President Barack Obama is sounding more bullish about the nation's recovery from the Great Recession and the White House is encouraging Democrats to show similar optimism as they head into the November mid-term… Continue reading
Aug 01 Watch July jobs boost keeps up recovery progress, but low ‘quit rate’ tells another story By PBS News Hour July was the sixth month in a row that the economy expanded by more than 200,000 jobs, with growth in a variety of sectors. But despite the good news, there may be other trends that tell a more troubling story,… Continue watching
Aug 01 Another 200K jobs for ‘The Little Engine That Could’ By Simone Pathe July marks the sixth straight month of job gains exceeding 200,000 -- a growth record not seen since 1997. But there's still not enough turnover in the labor market, the Brookings Institution's Justin Wolfers and MIT's Peter Diamond say, to… Continue reading
Aug 01 Economy hits sixth month of steady job gains By Simone Pathe The economy added 209,000 jobs last month, slightly fewer than expected, but still making July the sixth straight month to add more than 200,000 jobs, which economists are largely interpreting as a sign of a steady recovery. Continue reading