Jul 03 U.S. Employers Cuts Payrolls by 62,000 in June By Admin, PBS News Hour The Labor Department announced the sixth consecutive month of job cuts as U.S. employers cut 62,000 non-farm workers from their payrolls in June, creating the longest-running decline since 2002. Continue reading
Jun 16 Watch Obama, McCain Talk Economy, Iraq on the Campaign Trail Presidential candidates Barack Obama and John McCain hit the campaign trail yesterday to discuss their views on economic policy and Iraq. Kwame Holman reports on the state of the campaign. Continue watching
Jun 09 Watch Fuel Costs, Job Losses Batter U.S. Economy Rising fuel prices and news of massive job losses buffeted an already shaken U.S. economy in the past week. The record energy prices are affecting the cost of everything from baked goods to diapers. Journalists John Authers and Roben Farzad… Continue watching
Jun 06 Watch College Grads to Face Toughest Job Market in Years Amid worsening economic prospects, marked by Friday's Labor Department report announcing new unemployment highs, the class of 2008 faces a tough job markets for new college graduates. Two career-development experts discuss the challenges ahead for new job-seekers. Continue watching
Jun 06 Watch Unemployment Rate Jumps as Economic Woes Mount The nation's unemployment rate hit 5.5 percent in May as employers cut some 49,000 jobs, providing a fresh snapshot of a still-struggling U.S. economy. Mark Zandi, chief economist with Moody's Economy.com, explains the new Labor Department report and what it… Continue watching
May 29 Watch Rising Violence Pushes Immigrants to Flee South Africa Political fear and uncertainty in Zimbabwe have driven many people to neighboring South Africa, prompting a violent backlash from South Africans who claim that jobs are being lost to immigrants. Analysts examine the dynamics that have led to this rise… Continue watching
May 22 S. Africa Reels From Anti-Immigrant Violence By PBS News Hour South African soldiers have been deployed to help curb a recent burst of anti-foreigner violence that has killed at least 42 people and damaged the country's efforts to shore up its economic and political stability. Continue reading
May 02 Labor Dept. Report Shows Fewer Jobs Lost in April By Admin, PBS News Hour Employers cut fewer jobs in April than in recent months and the unemployment rate dropped to 5 percent, the Labor Department announced Friday. Continue reading
Apr 30 Watch Fed Cuts Rate Again in Latest Bid to Shore Up Economy The Federal Reserve cut a key interest rate by a quarter point Wednesday, bringing the federal funds rate down to its lowest level since late 2004. The move is intended to help address the ongoing housing slump and credit crunch. Continue watching
Apr 04 Watch 80,000 Jobs Lost in March As Economy Continues To Slow The economy continued its slump in March, sloughing off 80,000 jobs. An economic consultant assesses the latest set of job numbers and what it indicates about the health of the U.S. economy. Continue watching