Unemployment

A main obstacle to economic growth is that consumers don't have much money to spend, which is why the U.S. government needs to engage in more stimulus spending -- an imperative that was dramatically underscored by last Friday's bleak job numbers. Of course, though, such new spending is a heavy --...
06/07/2012
Blog
The May employment numbers from the Bureau of Labor Statistics offer the third month of disappointing news for labor markets after a perceived mid-winter rally. At an unemployment rate of 8.2 percent, the economy is not much better off now than when the year began. In the months since January,...
06/01/2012
Blog
The May employment numbers from the Bureau of Labor Statistics offer the third month of disappointing news for labor markets after a perceived mid-winter rally.  At an unemployment rate of 8.2 percent, the economy is not much better off now than when the year began.  In the months since...
06/01/2012
Data Byte
The Congressional Progressive Caucus Fiscal Year 2013 budget, Budget for All, offers an important alternative to both the Obama Administration’s budget and that presented last week by Paul Ryan and the House Budget Committee. The CPC budget would accomplish several important goals at once: 1)...
03/29/2012
Publication
Distinguished Senior Fellow Bob Herbert appeared on MSNBC's "Up with Chris Hayes" to discuss the economic crisis in Detroit, asking local officials and activists how businesses can be encouraged to invest in the struggling city.
02/27/2012
Video
Thom talks with a panel of experts (Robert Reich, Leo Hindery, Robert Borosage, Heather McGhee and Natalie Foster) on how to "take back the American Dream." The discussion focuses on three key elements: why and how we almost plunged into a second great depression, what kind of future will Americans...
02/22/2012
Video
The other day , Jörg Krämer, chief economist for Commerzbank in Frankfurt, said of the Greeks, ‘‘If you live beyond your means, then you can repair your balance sheet only if your consumption goes down.’’ This sentiment has become a German mantra. Germany’s price for the latest bailout deal has...
02/22/2012
News/Resource
Unemployment and underemployment persist even in the best of times, as workers “churn” through the labor market seeking better opportunities and higher wages. But this is not the best of times, and the unemployment and underemployment faced by young people today is not pushing us toward better...
02/08/2012
News/Resource
Michelle V. Agins/The New York Times With four job seekers for every single job opening the last thing unemployed Americans need is a hidden barrier standing between them and essential job opportunities. Yet for many, such a barrier exists in the form of an employment credit check -- a hidden...
01/13/2012
Blog
Distinguished Senior Fellow Bob Herbert argues for extending jobless benefits to unemployed Americans as a showdown over the issue looms in Congress. Herbert joins Stephen Moore of the Wall Street Journal on American Morning with Christine Romans.
12/14/2011
Video
Syndicate content