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
Jul 22 U.S. families with children experiencing more poverty, job insecurity By Kyla Calvert Mason More children in the United States were living in financially strapped household in 2012 than in 2005 before the economic downturn, according to an annual report on child well-being from the Annie E. Casey Foundation. Continue reading
Jul 03 Watch What's driving the good jobs news for the month of June? By PBS News Hour he unemployment rate in the U.S. dropped to 6.1 percent in June, its lowest point since just before the financial crisis of 2008. Moreover, a strong hiring report is lifting hopes that momentum is building in the jobs market. Economics… Continue watching
Jul 03 A better-than-expected birthday present for U.S. in June jobs report By Simone Pathe Despite concerns about sluggish growth in the first quarter of 2014, the unemployment rate dropped to its lowest level since the collapse of Lehman Brothers in 2008, and the economy added more than 200,000 jobs for the fifth straight month… Continue reading
Jul 02 Federal highway fund at risk of running out of gas By Joan Lowy, Associated Press States will begin to feel the pain of cutbacks in federal aid as soon as the first week in August if lawmakers don't act, Transportation Secretary Anthony Foxx said in a letter to states. That's because the balance in the… Continue reading