Nov 05 Watch Other News: Stocks Rally on Falling Jobless Claims In other news, falling weekly jobless claims contributed to a Wall Street rally, and there are new warning signs that the U.S. might be facing a shortage of the seasonal flu vaccine. Continue watching
Nov 05 Aid for Jobless, Homebuyers Clears Congress By Dave Gustafson Congress has passed legislation that would expand a popular homebuyer's tax credit and extend unemployment benefits in a bid to breathe more life into the struggling American economy. Continue reading
Nov 05 Student Questions: The Unemployment Outlook Editor’s note: This week and next, the Business Desk will feature questions from students in three high schools around the country. Question: Unemployment seems to be far worse than the government’s statistics show (currently just below 10 percent). Continue reading
Oct 30 Watch With Jobs Still Elusive, White House Defends Stimulus President Obama's $787 billion stimulus package has saved or created about 650,000 jobs, the White House said Friday. But with unemployment at a 26-year high, the administration is facing increased criticism about ongoing weakness in the labor market. Continue watching
Oct 29 Watch Economy Shows New Signs of Growth, but Jobs Still Lag The U.S. economy ended a year of contraction in the third quarter, expanding by 3.5 percent. While much of the growth is being attributed to President Obama's $787 billion stimulus plan, critics continue to ask, when will jobs return?… Continue watching
Oct 29 U.S. Economy Rebounds 3.5% in Third Quarter The U.S. economy expanded at a 3.5 percent annual pace from July to September, according to Commerce Department figures released Thursday, in a signal that the worst recession since the 1930s may be easing. Continue reading
Oct 27 Paul Solman Answers Students’ Economic Questions By PBS News Hour Economics correspondent Paul Solman takes his Business Desk blog inside classrooms across the United States to respond to high school students' most pressing questions about Wall Street, the recession and unemployment. Continue reading
Oct 22 Watch Stimulus Money Plows Through Tractor Country Ray Suarez speaks with Dante Chinni of the Patchwork Nation project about tracking federal stimulus money as it is dispersed through America. Continue watching
Oct 21 What’s the Difference Between a Recession and a Depression? Question: What is the difference between a recession and a depression? I have been out of work since last November. It seems like a depression for me. I worked for a civil/structural consulting engineering firm for the past 11 1/2… Continue reading
Oct 20 How Can the Economy Be Growing While Unemployment Is Rising? Question: Your work on the economy is discussed at our dinner table, with my 15 and 16 year old sons, almost every night. You have made such a difference to our family in understanding the Global Economic Meltdown. My children… Continue reading