Feb 06 Watch Gloomy Job Numbers Signal New Woes for Economy U.S. employers cut 598,000 jobs in January, bringing the unemployment rate to 7.6 percent, in another sign of the deepening recession. It was the worst one-month job loss since 1974. Continue watching
Feb 06 Employers Slash 598,000 Jobs in January By Admin, PBS News Hour U.S. employers shed 598,000 jobs in January, pushing the unemployment rate to 7.6 percent in the latest sign of how the nation's labor market is retracting under the weight of the recession. Continue reading
Jan 30 Watch Shrinking GDP, Obama Task Force Cap Week’s Economic News There was more evidence Friday the recession is getting worse, a fact that President Obama and his economic team continued to confront. Columnists Mark Shields and David Brooks mull Mr. Obama's approach. Continue watching
Jan 29 Watch Obama Lashes Out at Wall Street Over Bonuses President Barack Obama lashed out at Wall Street Thursday over reports that executives collected more than $18 billion in bonuses last year as his economic stimulus package headed to the Senate for review. Kwame Holman reports. Continue watching
Jan 28 House Passes $819 Billion Economic Stimulus Plan By Admin, PBS News Hour The Democratic-controlled House of Representatives passed President Barack Obama's $819 billion economic stimulus package by a vote of 244-188 Wednesday, with Republicans unanimous in opposition. Continue reading
Jan 27 Watch States Grapple With Unique Difficulties in Economic Downturn As the impact of the economic downturn ripples across the U.S., four public broadcasting reporters describe how the recession has impacted their states and local communities. Continue watching
Jan 27 Consumer Confidence Hits New Low as Home Prices Sink, State Unemployment Soars By PBS News Hour Americans' attitudes about the economy have sunk to a new low as another round of glum economic data released Tuesday also shows home prices plummeting and state unemployment rates soaring. Continue reading
Jan 27 Obama to Push Stimulus Plan with GOP Lawmakers By Admin, PBS News Hour President Obama is making his first trip to Capitol Hill since his inauguration to push for broad bipartisan support of his $825 billion economic stimulus plan. Continue reading
Jan 26 Watch Massive Job Cuts Renew Calls for Quick Action on Stimulus Several U.S. companies reeling from the economic downturn announced a total of some 45,000 job cuts on Monday. Analysts assess what the employment situation signals about new government efforts to revive the economy. Continue watching
Jan 26 Watch On Day Six, Obama Takes on Global Warming President Barack Obama asked regulators to reconsider waivers that would allow California and other states to set their own standards for auto emissions and responded to new concerns about the economy at the start of his first full week in… Continue watching