They directed police, firemen, FBI agents and CIA operatives to crawl around our nation's capital to thwart anyone looking to pull any funny business
Ah, New Year's Eve. What a great night to revisit the past year.
Though I'd rather revisit 1999.
The unemployment rate was 4.2 percent in 1999.
Dot-com stocks were still creating lots of paper millionaires.
The U.S. deficit for that year was $1 billion -- that's right, "billion" with a "b," a far cry from the $1 trillion to $2 trillion it is nowadays. Read more
"Well, I'd rather have people protesting in support of my government benefits than people protesting against government spending, as many do in America."
"The Democrats were just getting warmed up, but I knew it was too good to be true."
"Ah, yes, you speak of the negative reaction to the aggressive government expansion and spending that President Obama and the Democrats gave us."
"That's right. I was hoping America would embrace more of the cushy policies many European countries enjoy." Read more
The unemployment rate is stubbornly holding at 9.5 percent, according to the US Bureau of Labor and Statistics. There continued to be some job loss as the rest of the census came to a conclusion and local and state governments shed jobs trying to patch up holes in their budgets. Read more
The NBER released their findings today and said that based on real Gross Domestic Product and real Gross Domestic Income the Great Recession has ended.
Think back and try to remember where you were in June of last year. That's when the official end of the Great Recession took place according to the National Bureau of Economic Research, a nonprofit organization that officially calls the beginning and end of American business cycles. Read more
The numbers for people who have been out of work for 27 weeks or more and are still searching remains unchanged.
The new unemployment numbers were released Friday by the US Bureau of Labor Statistics and on the surface the rate is unchanged at 9.5 percent. However, there's a lot that can be discerned about what's really going on by looking just below the surface. Read more
The unemployment rate is holding steady at 9.7 percent, which is high but actually still good news.
The new unemployment count is out for March and, lo and behold, we finally gained some jobs. There are 162,000 new positions above what had existed, out there in the work force according to the US Bureau of Labor Statistics. Read more
Here's the kink in all of this, though, and the reason why so many people are protesting so loudly.
The health care bill has finally passed and will move on to President Obama for a signature. Whether or not this is good news or creates a creeping sense of dread depends on a few variables. Read more
The U.S. economy shed 247,000 jobs in July. That’s the bad news.
Laboring Toward Recovery
By David Madland | August 7, 2009
The U.S. economy shed 247,000 jobs in July. That’s the bad news. The good news is the number of jobs lost was the fewest in 11 months, and the unemployment rate fell slightly—the first decline in 15 months—providing workers with some needed, relatively good news. Read more
Despite rising unemployment, tanking financial markets, and record levels of home foreclosures
Conservative Virtues, Then and Now
By Sally Steenland | February 26, 2009
Despite rising unemployment, tanking financial markets, and record levels of home foreclosures—with more pain sure to come—a number of conservatives are urging us to look on the bright side of the recession. Read more
January was a dismal month for U.S. workers: Employers shed 598,000 jobs
Job Losses Continue at Accelerated Pace
By Heather Boushey
January was a dismal month for U.S. workers: Employers shed 598,000 jobs and the unemployment rate jumped to 7.6 percent. The economy has lost 3.6 million jobs since the recession began in December 2007 and 1.8 million jobs just over the past three months. The United States has not seen job losses of this magnitude over a three-month period since 1945. Read more
The current, severe economic crisis has made addressing poverty much more urgent. Job losses are mounting across the country
Meeting the Needs of Low-Income Families
By Alexandra Cawthorne | February 3, 2009 Read more