New Jobs Numbers, Up Slightly, Won't Change Anything
Two new reports on the state of unemployment came out this morning, but given their non-shocking results, it seems that the jobs picture is unlikely to shake up the election's final days.
In the first jobs report of 2013, the Bureau of Labor Statistics announced that the unemployment rate remained unchanged at 7.8 percent while the U.S. economy added 155,000 new jobs — and that's good news.
Two new reports on the state of unemployment came out this morning, but given their non-shocking results, it seems that the jobs picture is unlikely to shake up the election's final days.
Our pets are officially eating better than we are, according to a New York Times story headlined "Boeuf Bourguignon Again?" (Subtitle: Pet Foods Go Gourmet).
Cartoonist Lisa Benson on the latest (and lowest) unemployment statistics.
The New York Times goes deep on how Apple's supply chain ties it to factories like Foxconn's colossus in China, and how the success of Apple isn't leading to middle-class job growth here.
Democrats and Republicans both want to extend payroll tax breaks for workers earning less than $1 million, but neither wants to vote for the other's plan to do so late on Thursday both plans failed in the Senate.
The national unemployment rate dropped to its lowest level in two and a half years, falling 0.4 percent to a total of 8.6 percent of the population looking for work, according to Friday's report from the Labor Department.
The Commerce Department revised down its estimate for how fast the U.S. economy grew in the last quarter to 2 percent from its previous estimate of 2.5 percent.
Another ironic illustration of the recession's vicious cycle: due to poor economic conditions, college graduates who can't find jobs move back home with their parents, which, in turn, appears to hurt the economy more because new households aren't being created.
Ezra Klein says Ron Suskind didn't prove his anti-Larry Summers thesis in Confidence Men. The real confidence man: Barack Obama.
Things aren't getting better yet: the number of Americans living far below the poverty line is only growing larger, and increasingly the hardest hit areas are becoming suburbs.
New figures released by the Department of Commerce show the U.S. economy saw what were deemed modest gains in the third quarter, at a rate of 2.5 percent.
The billionaire investor takes on the media mogul over taxing the rich
Research firm ECRI says a double-dip recession is inevitable and they've been right before
Labor Department report shows that those filing for jobless claims is still above 400,000
A full 70 percent of this year's Forbes 400 rich list are self-made
Gallup polling finds that unemployment is the top issue on everyone's mind
The Federal Reserve chairman stayed vague on additional stimulus
The central bank ultimately decided to keep interest rates super-low
Obama probably did all he could in the worst economic crisis since the Great Depression
ProPublica's Braden Goyette chronicles the economy's sorry state
Stocks opened high today, but quickly fell off on a bad manufacturing report
Requests for unemployment benefits fell to 405,000 but retail sales are stagnating
Suggestions include legalizing gambling, tackling mortgage debt, and anticipating a "hard slog"
And now one fourth of families with teenagers couldn't afford the dance this year
Cartoonist Lisa Benson on the economy and the Obama administration
On the shrinking Nile, political sex scandals, and interrogation deniers
On the Afghanistan end game, the word of the decade, and a very unspecial relationship
A survey of "financial fragility" asked if people could pay for an unexpected expense
On the dangers of hotel housekeeping, requiring voters to produce an ID, and more
Seeing as how the global economy depends on it
The economy hits a two-year high in a poll on the nation's biggest problems
Just because foreclosures are down doesn't mean the market's recovering
Cartoonist Nick Anderson observes that one of them, at least, wasn't living in a cave
Last week's poll gains won't erase voter concern about jobs and gas prices
Cartoonist Lisa Benson points to a different item requiring our attention
First impressions of April's closely-watched jobs report
This probably doesn't bode well for the second-quarter economy
On Pakistan, fighting terrorists, and the media's mishandling of student celebrations
Cartoonist Nick Anderson on the Federal Reserve's priorities
Today's job market sees college graduates with jobs that don't require a bachelor's degree
But optimists think the numbers won't be so sluggish later in the year
Here's another thing for Obama to worry about heading into 2012
While Ben Bernanke's press conference will be closely watched, few expect fireworks
On "good jobs," America in Libya, and Robert E. Lee in the American South
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