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Are the unemployed looking for work in all the wrong places?
Here’s one explanation for our stubbornly high unemployment rate: A construction worker gets laid off and spends months looking for more construction work, rather than readjust his expectations and acquire new skills to find work in, say, the health-care industry, … Continue reading
The long-term unemployed aren’t going away. But their benefits are.
Friday’s gloomy jobs report showed that in June there were 5.4 million workers who had been unemployed for more than 27 weeks, essentially unchanged from the previous month. That’s down from the peak in May 2010, when there were 6.6 … Continue reading
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Tagged 'are, aren’t, away, Benefits, going, longterm, their, unemployed
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Economy gained 227K jobs in Feb.; more unemployed rejoin workforce
As the country logs its third straight month of strong job growth, economists and politicians are daring to hope that a recovery dogged by false starts and sluggishness is finally taking hold. The Labor Department reported Friday that the economy … Continue reading
Economy gained 227K jobs in Feb.; more unemployed rejoin workforce
The nation’s economic picture brightened in February, as employers added more than 200,000 jobs for the third month in a row and more people were encouraged enough by the growing economy to start looking for work again. Read full article … Continue reading
Damage from US jobs crisis extends well beyond the officially unemployed
WASHINGTON — Unemployment has been stuck near 9 percent since the recession ended more than two years ago. The jobs report for September on Friday sent the clearest signal to date that the crisis will last through next year’s elections. … Continue reading
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Tagged beyond, crisis, damage, extends, from, jobs, officially, unemployed, well
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