Bleak outlook for jobs
Friday's unemployment numbers are not expected to be encouraging Although investors have been pocketing several tidbits of good news about the economy since March, jobs numbers have not been among them. [read full story]
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Let's get to work on a jobs stimulus
Unemployment has soared above 10 percent, but that figure doesn't count those forced to work part-time, those who have given up in despair, young people who were never able to get hired. There are now 25 million people unemployed.
Doctor's note required to read this column
WERE you shocked that the nation's unemployment rate in October jumped to 10.2 percent, the first time it has been in double digits since 1982? Did the fact that another 190,000 jobs disappeared from the US economy last month...
16. To be jobless in the US now is much worse than before. Why?
WASHINGTON: It hurts more to be unemployed now in the United States than the last time the jobless rate hit 10 percent. Back in the early 1980s, when Schenk lost his job at a phone company, he was able to find several temporary...
The economy is back on track, but what about the jobs?
Most economists are in agreement that the recession ended sometime in the third quarter, and this was reinforced when the third quarter gross domestic product came out positive. However, just because it appears the recession...
To be jobless in the US now is much worse than before. Why?
WASHINGTON: It hurts more to be unemployed now in the United States than the last time the jobless rate hit 10 percent. Back in the early 1980s, when Schenk lost his job at a phone company, he was able to find several temporary...
On jobless stats, don't focus on one number
Paul Meany of San Francisco has a good question about unemployment statistics that illustrates why, if you want to know what's going on in the labor market, you can't fixate on one number or headline. He writes: "A story...
Jobless: 10 percent is tougher than it used to be
It hurts more to be unemployed now in the United States than the last time the jobless rate hit 10 percent. Back in the early 1980s, when Schenk lost his job at a phone company, he was able to find several temporary jobs _...
What Goes into the Unemployment Rate?
Stephen brought this gold nugget to my attention, and now you have to pay for it with a methodology diatribe. The unemployment rate leaped to 10.2 percent from 9.8 percent. In reality, the government report says unemployment...
Shocking numbers: Real unemployment tops 22%:
The true rate of unemployment for October 2009 may be 22.1 percent, not the 10.2 percent reported by the Bureau of Labor Statistics, Jerome Corsi's Red Alert reports. Unemployment at 22.1 percent, if accurate, would be at...
Jobless Numbers Nationwide are Bad; in Florida They're Worse
The nation's 10.2 percent jobless rate for October, up from 9.8 percent in September, is expected to go higher, and the outlook in Florida is for increased unemployment as well. Friday's report was the first time the national...
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