Unemployment

OECD Sees No End To Job Crisis, Warns Of 'Lost Generation'

Unemployment in advanced economies will remain high until at least the end of 2013, with youth and the low-skilled hurt most by the weakest economic recovery in the past four decades, the Organization for Economic Co-operation and Development (OECD) said Tuesday.

On Jobs, The US Congress, And You

Cutting federal spending in 2012 could tip the U.S. economy back into a recession, just as it almost did in 1937. On the contrary, if the federal government spent more on infrastructure and public works projects now and in the immediate quarters ahead, it would create millions of jobs.

'Zombie Economy' Could Be Bad For Obama

Politico's headline jolts readers the moment they sign on to the site and read, Zombie Economy Threatens Obama. After all the zombie apocalypse hysteria our nation has been experiencing lately, the walking dead have even made their way -- metaphorically, of course -- into the economy.

June US Unemployment Rate Holds At 8.2%, Payrolls Up Only 80,000

Non-farm payrolls rose by a paltry 80,000 in June, while the unemployment rate remained stuck at 8.2 percent as the labor participation rate was unchanged at 63.8, the Labor Department said Friday. Economists polled by Thomson Reuters had called for a total gain of 90,000 jobs.

Global Economic Concerns Drag US Stock Futures Down

U.S. stock index futures point to a slightly lower open Friday as the interest rate cuts announced by central banks in Europe and China on Thursday failed to convince investors that the measures will be sufficient to rejuvenate the struggling global economy.

Unemployment To Remain High Through 2016: Report

President Obama and Mitt Romney are both campaigning on a promise to revitalize the economy, but a new poll of economists offers a gloomy forecast for the next presidential term no matter who is in the White House.

Asian Stocks Fall Ahead Of ECB Meeting

Asian stock markets declined Thursday as market participants remained cautious ahead of the European Central Bank (ECB) and Bank of England's (BOE) policy decision meetings later in the day.

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