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Long-term unemployment affects nearly 30% of jobless Americans
Once unemployed, more Americans are staying that way than before the recession, with 29.5% of jobless Americans now out of work for more than a year. In the first quarter of the year, 3.9 million of the nearly 13.3 million unemployed workers in the...
Tags: Unemployment, Career and Workplace
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Londoners go to the polls in mayoral elections for Olympic city
World NowLondoners choose their mayor; London's present leader looks likely to remain;... -
Pain now or pain later? Europeans prefer putting it off
World NowWith more than half of the 17 Eurozone countries slipping back into recession in recent months and popular discontent reaching a crescendo, overseers of the European common currency may be more likely to heed the hurting countries' calls for stimulus... -
Read the full text of Obama's speech on the GOP budget
The following is a transcript of President Obama's politically-charged remarks Tuesday afternoon at an Associated Press luncheon framing the general election campaign, as released by the White House. Obama: "Thank you very much. (Applause.) Please have...
Tags: Social Security, Crime, Law and Justice, Highway Transportation, Health Insurance, Richard Nixon
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Jobless claims hit four-year low; planned job cuts fall 8.8%
Dare we hope that Friday’s jobs report will show the backside of high unemployment? New government data Thursday showing jobless claims falling to a new four-year low suggest the dark days for American workers may be abating. It may be too early to...
Tags: Petroleum Industry, Unemployment, Career and Workplace, Automatic Data Processing, Inc., Job Layoffs
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Federal deficit for first half of 2012: $777 billion
The federal government ran up a budget deficit of nearly $780 billion in the first half of the fiscal year amid more spending on TARP, Social Security, Medicare and more, according to the Congressional Budget Office. But the shortfall is actually $53...
Tags: Health, Personal Income, Career and Workplace, Politics, Labor Legislation
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May 2, 2012
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