Oct 13 What Is a Jobless Recovery? Question: You have talked about a jobless recovery. What does it mean? Paul Solman: Boy, have we ever! Indeed, we did a whole series on the so-called “jobless recovery” back in 2003, one of whose stories was our… Continue reading
Jul 10 Staying Positive in a Down Job Market Yesterday, we posted the latest segment from Paul’s Making Sen$e series. In it, he spoke to two very distinct groups — laid-off white collar executives and ex-cons looking for work — and was struck by what he heard from… Continue reading
Jul 10 By Saving on Cheap Goods and Services, Do We Pay More in the End? Question: During a recent story about the demise of the auto industry, there was clip of a Model T Ford driving through the Ford Museum. The narration made the point that one of the things that made Henry Ford successful… Continue reading
Jul 09 Why Do Tube Drivers Earn More than Bus Drivers in the UK? Robert Frank: A British reader posted the following query on my UK publisher’s web site: “Why do tube drivers get paid so much more than bus drivers?” An American economist trying to field questions about markets in the UK… Continue reading
Jul 02 Watch 10:54 Many Left Uncounted in Nation’s Official Jobless Rate By PBS News Hour Paul Solman examines how the number of jobless people who fall outside of official unemployment counts offer a different picture of the nation's economic recovery. Continue watching
Jun 01 Watch In Detroit, Mixed Emotions Over GM’s Bankruptcy Move Paul Solman reports from Detroit on how General Motors' bankruptcy filing may impact different company stakeholders -- from union members to bondholders to car dealers -- and explains why the company chose reorganization over liquidation. Continue watching
May 06 Watch H1N1 Flu Virus Death Toll Reaches 42 in Mexico In the latest of a series of reports from Mexico City, Ray Suarez provides an update on how the H1N1 flu virus is affecting the city as the death toll climbed to 42. Continue watching
Apr 03 Watch Amid Downturn, Communities Sacrifice to Avoid Layoffs Though the jobless rate continues to rise, workers across the country are making sacrifices to avoid more layoffs and "share the pain" of the economic slump. NewsHour business correspondent Paul Solman reports. Continue watching
Apr 03 Watch Jobless Rate Climbed to 8.5 Percent in March The latest report from the Labor Department showed the unemployment rate climbed to 8.5 percent in March. Christine Owens, executive director of the National Employment Law Project, offers insight on the numbers. Continue watching
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