Posts tagged as:


Records Set on Obama's Watch

{ Comments on this entry are closed }

Unemployment rate under President Barack Obama

{ Comments on this entry are closed }

NEW YORK (CNNMoney) — Everyone in Congress says they want to help create jobs and economic growth.

But federal agencies and government contractors in the private sector, which actually hire people, may find that ironic. They are still in the dark about future funding levels because lawmakers have not said whether they will replace heavy-handed automatic spending cuts set to take effect next year.

The rest of the story …

{ Comments on this entry are closed }

The 86 million invisible unemployed, mostly under 25 and over 65

June 25, 2012

NEW YORK (CNNMoney) — There are far more jobless people in the United States than you might think. While it’s true that the unemployment rate is falling, that doesn’t include the millions of nonworking adults who aren’t even looking for a job anymore. And hiring isn’t strong enough to keep up with population growth. Read [...]

Read more →

Fed Bernanke: job market still sucks, household income is flat, and Obama’s economic policies still stink

February 29, 2012

NEW YORK (CNNMoney) — Federal Reserve Chairman Ben Bernanke headed to Capitol Hill Wednesday to give Congress his semi-annual report on the economy, and what he had to say wasn’t exactly rosy. The job market remains “far from normal,” household income is flat and access to credit remains too tight for many people, he said. [...]

Read more →

State and local jobs take a beating in 2011

January 23, 2012

EW YORK (CNNMoney) — Nearly 250,000 state and local government employees lost their jobs in 2011, with the ax falling particularly hard on public school teachers. And the bleeding is likely to continue in 2012, experts say. < More >

Read more →

Is the surprising drop in the unemployment rate good for Comrade Obama?

December 5, 2011

NEW YORK (CNNMoney) — The November jobs report contains some undeniably good news for President Obama, but the White House should keep the champagne on ice for now.

Read more →