UNEMPLOYMENT

A job seeker waits in line with others to meet potential employers at a career fair at Rutgers University in New Brunswick

Americans Downbeat About Economy, U.S. Debt

Consumer sentiment dropped to its lowest reading since the Great recession, amid high unemployment and the federal government's inability to deal with its debt problem as a deadline to raise the debt ceiling looms.

Monetary and Fiscal Policies Have Reached the Limits: AEI Outlook for US Economy (FULL TEXT)

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The US economy is at an inflection point after the end of the second round of Quantitative Easing (QE2). Two rounds of monetary and fiscal stimulus since 2008 have had only limited impact on growth or unemployment. The question is,'What next?' will there be another round of monetary and fiscal policy easing? Analysts at American Enterprise Institute for Public Policy Research (AEI) are of the opinion that fiscal and monetary policies have reached their limits.

Poll: Voters Blame Bush More Than Obama for Economy

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American voters believe former President George W. Bush is primarily responsible, not President Barack Obama, for the U.S. economy's poor condition, a poll released Thursday indicated. What's more, 48 percent of those polled said they would blame the Republicans if the debt ceiling is not raised, while 34 percent would blame the Democrats.
U.S. Rep. Ron Paul speaks during the Republican Leadership Conference in New Orleans

Ron Paul to Bernanke: 'Do You Think Gold is Money?'

Longtime Federal Reserve antagonist U.S. Rep. Ron Paul, R-Texas, was at it again on Wednesday, criticizing Federal Reserve Chairman Ben Bernanke, the head of world's most powerful central bank, for a faltering economic recovery and suggested the country would be better off investing in gold.
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Stay-at-Home Dads Likely to Divorce

TIME's Healthland reports that there are still strong social pressures for men to be breadwinners, as a recent study published in the American Journal of Sociology shows that for men, unemployment in a relationship is more a prediction for divorce than unhappiness.
U.S. Public Works Projects: A Source of Jobs

U.S. Job Growth - Five Programs to Revive It

Cutting federal spending in 2011 could tip the U.S. economy back into a recession, just as it almost did in 1937. On the contrary, if the federal government spent more on infrastructure/public works projects it would create many jobs, and achieve great things, like the construction of the Empire State Building in the 1930s and 1 World Trade Center today.
John Boehner

Boehner's Pulls Out a 'Real Disappointment'

House Speaker John Boehner said on Saturday that he will pursue a smaller deficit reduction deal, opting for a $2 trillion goal instead the larger on that the White House is pushing.
CUNY Job Fair

Smart Phones, Smart Job Search: Tips for Recent College Grads

There's no way to sugarcoat it: the current U.S. job market is a challenging one for recent grads -- for the young and young at heart. But fret not: you can increase the likelihood of finding meaningful employment by following a few important tips.
U.S. President Barack Obama

Obama: Stalled Debt Talks Hurt Job Growth

In a Rose Garden statement, President Barack Obama Friday said the poor June jobs report was primarily due to the debate in Washington, which has been dominated by issues of debt limit.
U.S. Job Market Remains Challenging for Job Seekers.

U.S. Adds Just 18,000 Jobs in June, Unemployment Up

The world's largest economy continued to create jobs a tepid rate in June, adding just 18,000 jobs, when economists were expected a gain of about 105,000. The sub-par job growth rate increases concern that the economy may enter a double-dip recession.
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Job Market Retreats to 2008/2009 Levels

Despite recent market volatility and unfavorable labor statistics, second quarter employee confidence over job security, pay raises and the job market has returned to levels last seen in the height of the recession.

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