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 …

Tagged as: Congress, hiring, Job creation, Jobless, jobs, Recession, sequester decision, Unemployment, US economy

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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 […]

Tagged as: Economic recovery, invisible unemployed, Jobless, President Barack Obama, Recession, true unemployment statistics, Unemployment, US economy

Long-term unemployment is still a huge problem in the economy

June 11, 2012

NEW YORK (CNNMoney) — The national unemployment rate has fallen from its recession highs, but Americans who have been out of work for six months or more are still having trouble finding work. The numbers are staggering. The ranks of the long-term unemployed swelled last month from 5.1 million to 5.4 million, and those individuals […]

Tagged as: depression, Economic recovery, long-term unemployment, Recession, Unemployment, US economy

May jobs report show that the economy still sucks

June 4, 2012

Employers added just 69,000 jobs in May, about half of what was expected, and the unemployment rate ticked up to 8.2 percent, the government said Friday in an awful jobs report that offered incontrovertible evidence that the U.S. economy is slowing sharply. Read more: http://www.stltoday.com/news/national/jobs-report-is-bad-news-for-economy/article_a1c9026c-04df-5ead-a99c-9a1ccd788173.html#ixzz1wqpXUU7c

Tagged as: economy, jobs, jobs report, May 2012, President Barack Obama, Recession, Unemployment, unemployment rate, US economy

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. […]

Tagged as: Ben Bernanke, Chairman, economic policy, Economic recovery, Federal Reserve, household income, job market, Jobless, jobless rate, President Obama, Recession, Unemployment, US economy

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Unemployment

Obamaâ€™s â€˜Forwardâ€™ vision for America, Part Two: Standing on his impressive four year record

Obama’s ‘Forward’ vision for America, Part One: High unemployment for the next four years

How Congress is hurting jobs with sequester decision delay

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

Long-term unemployment is still a huge problem in the economy

May jobs report show that the economy still sucks

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

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