Mar 06 Watch Job Losses, Economic Realities Hit Home in Indiana City Amid a deepening economic crisis, the unemployment rate in Elkhart, Ind., has skyrocketed to 18 percent as the town's manufacturing base has collapsed. Paul Solman reports on the town's tough economic times. Continue watching
Mar 06 Watch Unemployment, Underemployment Reading Tops 14% The Labor Department's release of new unemployment numbers Friday had analysts comparing the job market in the current recession to the jobless rate in 1982. New York Times reporter David Leonhardt draws parallels from the past and assesses the current… Continue watching
Mar 06 Watch Unemployment Rate Climbs to 8.1% in New Sign of Deepening Recession The Labor Department reported Friday that the U.S. unemployment rate hit 8.1 percent, its highest rate in 25 years. Ray Suarez reports on the latest employment numbers, reaction from the White House and the impact on Wall Street. Continue watching
Mar 06 Unemployment Rate Soars to 8.1% in February By Admin, PBS News Hour U.S. employers cut 651,000 jobs in February, the Labor Department reported Friday, pushing the nation's unemployment rate to 8.1 percent, the highest it has been since 1983. Continue reading
Mar 06 Is Anyone Still Hiring? Question: Is anyone still hiring? Paul Solman: The number is now in: 651,000 jobs shed in February. Also, from the Bloomberg story this morning: “The payroll drop in January was revised up to 655,000 from 598,000 and December now… Continue reading
Mar 06 Unemployment Woes Hit Cities, Suburbs Harder than Most of U.S. By Admin, PBS News Hour As the country absorbs the newest round of national unemployment data Friday, the real-world effect in local communities is proving a mixed picture. Continue reading
Mar 03 Watch Debate Centers on Proposal to Create Jobs by Updating National Infrastructure A debate at the Miller Center of Public Affairs at the University of Virginia focused on proposals to create jobs through an overhaul of the nation's infrastructure. Robert MacNeil moderated the discussion. Continue watching
Mar 03 Bernanke Defends AIG Rescue, Urges Quick Moves on Economy By Admin, PBS News Hour Federal Reserve Chairman Ben Bernanke advised moving "aggressively" to ease the economic crisis during testimony to lawmakers Tuesday while defending the government's latest moves to prop up troubled insurance giant American International Group. Continue reading
Mar 02 Why Don’t We Offer Earlier Retirement Incentives to Open Up Jobs for the Unemployed? Question/Comment: Someone must have already considered this idea for the economic stimulus, but I haven’t heard anything about it: Why don’t we offer earlier retirement incentives for people still working at retirement age because they want to get their maximum… Continue reading
Feb 27 Watch Obama Seeks to End Iraq Combat Mission in 2010 Speaking at North Carolina's Camp Lejeune Friday, President Barack Obama set a timetable to withdraw U.S. combat troops from Iraq in 2010, while leaving a transitional force in place. Kwame Holman reports on the president's speech and reactions on Capitol… Continue watching