Posts tagged as:

great recession

Writer DW Gibson traveled across the country in search of the Great Recession’s victims. The result: Not Working, a portrait of America’s 21st-century unemployed. Here are a few of the tales he came home with.

Over the summer and fall of 2011, I drove across the country from southern California to New York City. I made the trip with filmmaker MJ Sieber, playwright Mallery Avidon, and — when she could escape her job — my wife, Tasha Garcia Gibson.

Full article at

{ Comments on this entry are closed }

Global investors have lost confidence in the economic recovery — and for good reason.

The United States job market has still not fully recovered its losses from the Great Recession. Europe’s debt crisis rages on with no end in sight. Japan is still struggling to overcome its March earthquake. And rapid growth in booming China is even starting to gradually slow down.

{ Comments on this entry are closed }

Surprising many economists and pundits, who were expecting a jump in January, the jobless rate fell another 4 percent to 9 percent. Nevertheless, the economy only gained a net of 36,000 jobs across the United States, not nearly enough to sustain a health recovery or bring employment levels up to regular levels.

{ Comments on this entry are closed }

Federal Reserve Chairman Ben Bernanke: More jobs needed for real recovery (No shit!)

February 3, 2011

Federal Reserve Chairman Ben Bernanke says the U.S. can’t fully recover from the worst recession in decades until hiring improves. Bernanke says the economy is strengthening, and will likely grow at a faster pace this year as more confident consumers and companies spend more, in prepared remarks to the National Press Club.

Read more →

American Home closing will eliminate 112 jobs in Lancaster County

January 30, 2011

Tower Bancorp’s decision to close its American Home Bank will cost 112 workers here their jobs, the state disclosed Thursday. Harrisburg-based Tower said Wednesday that it will shut most of AHB by March 31 and all of it by June 30 after efforts to sell it failed. But a Tower spokeswoman did not respond to […]

Read more →

Is it just bullshit? Former White House economic advisor Larry Summers says more jobs are coming

January 17, 2011

While the economy is still reeling from 8.5 million jobs lost in the recession, the outlook for job growth in America is looking up, former White House economic advisor Larry Summers said in an exclusive interview airing on CNN Sunday.

Read more →

Lancaster County (PA) jobless rate dips slightly in November 2010 to 7.5 percent: one dude hired.

January 4, 2011

The economic recovery is blazing along in Lancaster County PA, or not. The jobless rate for the county fell a mighty .1 percent, from 7.6 to 7.5 percent in November. It appears we cause to rejoice: at least one dude found a job in November.

Read more →