Economy
Little Change: The Number of Long-term Unemployed
According to the latest unemployment figures released by the Bureau of Labor Statistics, the number of long-term unemployed showed little change in July. The number sits at 4.2 million...
Average hourly wages fell 0.1 percent in July
The U.S. economy continues to lag. While Ben Bernanke is on the record that the Fed will keep interest rates at zero until the Unemployment figure is below 6.5...
4 in 5 in US face near-poverty, no work
Associated Press analyzed survey data and concluded 4 out of 5 adults in the United States live in or near poverty.
More than 19 million whites fall below the poverty...
Unemployment Rate Down Due to Retirement
In the report The New Sick-onomy? Examining the Entrails of the U.S. Employment Situation, Daniel Alpert asks: "The official (U-3) unemployment rate has fallen to 7.6 percent from a...
June Jobs Report: Economy Adds 195,000 Jobs
The June Jobs Report compiled by the Bureau of Labor Statistics is now available.
Total nonfarm payroll employment increased by 195,000 in June, and the
unemployment rate was unchanged at 7.6...
The Dangers of Prepaid Cards
Prepaid cards are gaining speed in our tight economy but don't succumb to the lure of being paid by one. These cards are money makers for the banks and...