The Good News: Jobless Rate Falls to 4-Year Low; The Bad News: The Size of the US Workforce Decreases

http://www.dailymail.co.uk/news/article-2244695/US-unemployment-rate-falls-4-year-low–size-workforce-fallen.html Jobless rate falls to 4-year low. . . but only because the size of the workforce has fallen Jobless rate fell to 7.7 percent for November – its lowest rate in four years However, the Labor Department’s report shows a drop in the size of the workforce as a whole – an indication that […]

Hating your job is as bad for your health as being unemployed, researchers warn

http://www.dailymail.co.uk/health/article-2237371/Hating-job-bad-health-unemployed-researchers-warn.html A demanding job, nasty boss and poor job security are as bad for your mental health as being out of work Only those who enjoy their jobs fare better Also linked to increased risk of heart disease By Anna Hodgekiss PUBLISHED: 07:35 EST, 23 November 2012 | UPDATED: 07:50 EST, 23 November 2012 Having […]

Blow for Obama as Dow Jones plummets 275 points to its LOWEST point all year after release of dismal May unemployment numbers

http://www.dailymail.co.uk/news/article-2153361/Blow-Obama-Dow-Jones-plummets-275-points-LOWEST-point-year-release-dismal-May-unemployment-numbers.html By Toby Harnden PUBLISHED: 11:44 EST, 1 June 2012 | UPDATED: 18:53 EST, 1 June 2012 An disasterous U.S. jobs report that was released on Friday caused the Dow Jones industrial average to drop 275 points, marking the index’s biggest loss since November of 2011 and possibly spelling trouble for President Barack Obama. Nervous […]

Most unemployed Americans attended at least some college, for the first time ever

http://news.yahoo.com/blogs/lookout/most-unemployed-americans-attended-least-college-first-time-152523538.html By Liz Goodwin | The Lookout – 9 hrs ago Boston College graduates from the university’s Carrol School of Management at commencement Monday. (Stephan Sa … For the first time in history, there are now more unemployed Americans who attended at least some college than people who only graduated high school or dropped out of high school, […]

Number of Americans working or looking for jobs falls to 30-year-low in a severe blow to Obama’s campaign

http://www.dailymail.co.uk/news/article-2139730/Number-Americans-working-looking-jobs-falls-30-year-low-causing-severe-blow-Obamas-campaign.html By Toby Harnden PUBLISHED: 14:35 EST, 4 May 2012 | UPDATED: 14:39 EST, 4 May 2012 The percentage of Americans working or looking for work has fallen to its lowest level in more than 30 years, according to gloomy economic figures that are a major blow to President Barack Obama’s hopes of re-election. This […]

U.S. GDP growth slows in first quarter – but American economy still grew 2.2 per cent over last year

http://www.dailymail.co.uk/money/news/article-2136164/U-S-GDP-growth-slows-quarter–American-economy-grew-2-2-cent-year.html By Harry Glass PUBLISHED: 09:26 EST, 27 April 2012 | UPDATED: 09:38 EST, 27 April 2012 U.S. GDP grew less rapidly in the first quarter of this year than in the final months of 2011, official figures confirmed today. Although growing 0.5 per cent quarter-on-quarter, this equated to an annualised growth figure of 2.2 […]

‘It’s kind of an empty cliff’: Half of new graduates with bachelor’s degrees are unemployed or underemployed

http://www.dailymail.co.uk/news/article-2133641/Its-kind-cliff-Half-new-graduates-bachelors-degrees-unemployed-underemployed.html By Daily Mail Reporter PUBLISHED: 17:24 EST, 22 April 2012 | UPDATED: 17:31 EST, 22 April 2012 The college class of 2012 is in for a rude welcome to the world of work. A weak labor market already has left half of young college graduates either jobless or underemployed in positions that don’t fully […]

Think the economy is back on track? Blame mild winter for ‘falsely inflating employment numbers’

http://www.dailymail.co.uk/news/article-2126614/Think-economy-track-Blame-mild-winter-falsely-inflating-numbers.html Some employers began spring hiring early because of warm weather, creating unreliable employment numbers Job growth slowed to 120,000 last month, smallest increase since October By Daily Mail Reporter PUBLISHED: 14:51 EST, 7 April 2012 | UPDATED: 14:51 EST, 7 April 2012 The unseasonably mild winter kept the mercury high, but could have inflated […]

20 per cent of America’s working age men are unemployed

http://www.dailymail.co.uk/news/article-2121402/They-prime-lives–working-age-men-unemployed.html By Laura Cox PUBLISHED: 00:32 EST, 28 March 2012 | UPDATED: 00:52 EST, 28 March 2012 It makes for sobering reading. In recent months the job market looked to be on the rise, offering hope that the economy might finally be getting back on track. But data from the Bureau of Labor Statistics shows […]

Fed Unveils Doomsday Scenario for Banks

http://www.cnbc.com/id/46709890 Published: Monday, 12 Mar 2012 | 5:37 PM ET By: CNBC.com and wires The Federal Reserve released its “worst-case scenario” bank stress test criteria Monday and said it will release full results Thursday at 4:30 p.m. ET.  The Fed will look at how the nation’s 19 largest banks would survive a world with a […]