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 CNNMoney.com
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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.
http://www.forbes.com/feeds/ap/2011/02/04/general-financials-us-economy_8292513.html
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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.
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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 […]
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