UNEMPLOYMENT

Selmi Marichi packs popcorn to sell in the shantytown of Pamplona Alta in Lima November 22, 2011. Pamplona Alta, home to thousands of families mostly from the highlands, is one of the poorest places in Lima.

Poverty Rates in Latin America Plunging

Between 1990 and 2010, the rate of poverty rate on the continent plunged from 48.4 percent to 31.4 percent; while the rate of indigence (extreme poverty) dropped from 22.6 percent to 12.3 percent.
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While President Barack Obama's 43 percent job-approval rating on the poll results Gallup released Tuesday shows an improvement over the 40 percent score he got a few weeks earlier, his shot at winning re-election looks uncertain considering that at this p

President Obama’s Job Rating Lower Than Jimmy Carter’s

While President Barack Obama's 43 percent job-approval rating on the poll results Gallup released Tuesday shows an improvement over the 40 percent score he got a few weeks earlier, his shot at winning re-election looks uncertain considering that at this point in his term, even presidential pariah Jimmy Carter did better.
Rick Perry

Rick Perry Says Voting Age is 21, 10 Other Funny Gaffes (VIDEOS)

In a speech at St. Anselm College in Manchester, N.H., on Tuesday, Rick Perry seemed to mix up the voting and drinking ages -- not to mention the date of the coming election. It was a slip of the tongue, not a substantive gaffe -- nobody really thinks Perry doesn't know the voting age -- but it was one of many YouTube-worthy moments of the Republican primary race.
Senate Majority Leader Harry Reid

Democrats Push Payroll Tax Cut Amid Budget Showdown in Congress

New legislation introduced by Senate Democrats on Monday would prolong and increase a payroll tax cut pushed by President Barack Obama, while introducing a de facto millionaire's tax. The proposal is the first step in what will likely be a prolonged budgetary battle on Capitol Hill.
Protesters celebrate after they evaded eviction at the 12.01am deadline outside City Hall at the Occupy LA encampment in Los Angeles

Police and Occupy LA protesters skirmish

Police in riot gear closed in before dawn Monday on anti-Wall Street activists who defied a midnight deadline to vacate an 8-week-old encampment outside Los Angeles City Hall, but the police later pulled back.
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Police and Los Angeles protesters skirmish

Police in riot gear closed in before dawn Monday on anti-Wall Street activists who defied a midnight deadline to vacate an 8-week-old encampment outside Los Angeles City Hall, but the police later pulled back.
U.S. Job Market

Five Ideas to Create U.S. Jobs

The stark truth of the matter is that unless the private sector starts hiring en masse (including non-profit organizations), absent a surge in exports, it will be up to the public sector to provide stimulus to create jobs.
ANZ Survey: August Dipping Job Ads Signal Soaring Unemployment in Months Ahead

Modest Job Gains Expected in Early 2012

The past Black Friday weekend saw record breaking sales figures as consumers are feeling more comfortable to purchase again. Job market outlook for early 2012 could provide another gentle boost to consumer spending, which accounts for as much as 70 percent of all U.S. growth.
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New home sales rise 1.3 percent in October

New single-family home sales rose in October and the supply of homes on the market fell to its lowest level since April of last year, showing some healing in the battered housing sector.
France's President Nicolas Sarkozy (R) and Germany's Chancellor Angela Merkel attend a joint press conference on the eve of a G20 summit of major world economies in Cannes

Germany, France Eye Eurozone Pact, Markets Hopeful

Germany and France stepped up a drive on Monday for intrusive powers to reject national budgets in the Eurozone that breach EU rules, as a market rout of European debt eased temporarily on hopes of outside help for Italy and Spain.
A dealer walks past an electronic board in the investors' gallery at the Amman Stock Exchange November 21, 2011.

Global Economic Recovery Petering Out: OECD

The global economic recovery is running out of steam, leaving the euro zone stuck in a mild recession and the United States at risk of following suit, the OECD said on Monday, sharply cutting its forecasts.
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Obama to Press EU Leaders on Debt Crisis

President Barack Obama will press European Union officials Monday to reach a definitive solution to their sovereign debt crisis which is emerging as a major 2012 U.S. election worry, Reuters reports.
Occupiers continue to camp prior to an anticipated police raid to shut down the Occupy Los Angeles encampment outside City Hall in Los Angeles, California November 26, 2011.

Occupy LA Campers Face Midnight Eviction Deadline

Hundreds of anti-Wall Street protesters who have camped outside Los Angeles City Hall for weeks faced a midnight eviction deadline on Sunday with plans to throw a party they hoped might forestall a raid.
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Obama promotes shops on Small Business Saturday

President Barack Obama, eager to spur growth and hiring, took his daughters on an early Christmas shopping trip on Saturday in Washington as the U.S. retail sector got its vital holiday season underway.

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