Jan 09 Watch December Job Losses Compound Economic Woes Unemployment rose to 7.2 percent in December, the highest since 1993, according to a new report from the Labor Department. Employers cut 524,000 jobs, and some economy-watchers fear more cuts are still to come. Ray Suarez reports. Continue watching
Jan 07 Watch Unrest Spreads in China as Economy Worsens Chinese leaders are facing new pressures amid fears that a national social crisis is looming, brought on by millions of job losses and a surge in public protests. Nick Paton Walsh of Independent Television News reports. Continue watching
Jan 07 Deficit Projected to Soar to $1.2 Trillion By Admin, PBS News Hour The federal budget deficit will hit an unprecedented $1.2 trillion for the 2009 budget year, new Congressional Budget Office figures show. Continue reading
Jan 01 Watch Anti-Apartheid Activist Politician Helen Suzman Dies Helen Suzman, the South African anti-apartheid activist and Nobel Peace Prize nominee has died at her home in Johannesburg at age 91. The NewsHour's Robert MacNeil discussed her views in a 1989 interview. Continue watching
Dec 30 Consumer Confidence Hits Record Low By Admin, PBS News Hour More gloomy news emerged on the U.S. economic front Tuesday as consumer confidence fell to a record low in December and new data showed home prices dropped by the sharpest annual rate on record in October. Continue reading
Dec 24 Consumer Spending, Durables Goods Orders Drop as Jobless Claims Rise By PBS News Hour The Commerce Department reported Wednesday that consumer spending fell for a fifth straight month in November, and Americans' incomes dropped as well, partially reflecting massive job layoffs. Continue reading
Dec 23 Watch Program Helps At-Risk Youth Find Corporate Jobs To alleviate the 30 percent unemployment rate among urban youth, the Year Up program gives at-risk youth lessons in corporate culture and work ethic. Paul Solman reports on this approach to training young, would-be entrepreneurs. Continue watching
Dec 22 Watch Obama Expands Job Growth Goals as Part of Broad Stimulus Proposal President-elect Barack Obama is planning to create or preserve three million jobs over the next two years through a series of government construction projects and a massive stimulus plan. A Washington Post reporter takes a closer look at Mr. Obama's… Continue watching
Dec 22 Why Ease Credit, But Not Increase Wages? Question/Comment: A basic truth in economics is that wages drive demand. Yet for the last 30 years wages have been stagnant or decreasing. Why do I hear only talk of easing credit, not increasing wages? Easy credit is what caused… Continue reading
Dec 17 Watch Colo. Project Teaches Job, Life Skills to Help Women Combat Poverty Armed with $500 worth of beans, two women founded a non-profit group in Denver to empower impoverished women by teaching them workplace skills and providing jobs to the chronically homeless and unemployed. Spencer Michels reports. Continue watching