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MONDAY, NOVEMBER 23, 2009
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NEWS ABOUT: labor market

labor market stories: 4 news summaries
Analysis

Unemployment Will Probably Miss 10%: Silver


Aug 10, 09 11:52 AM CDT
(Newser) - Lots of economists are predicting that unemployment, which at last count hung at 9.4%, will hit 10% before the calendar changes, but Nate Silver of FiveThirtyEight.com disagrees. For that to happen, the economy would need to lose another million jobs or so, and "the jobs picture is... More »

MORE ABOUT:
unemployment • job market • shrinking workforce • labor market • economy • Nate Silver

College Grads Face Years of Lower Wages

Economists pile on the bad news for the struggling class of '09

May 9, 09 9:46 AM CDT
(Newser) - The recession will mean paltry pay for the Class of '09 for many years to come, economists tell the Wall Street Journal. College grads are entering the toughest labor market in 25 years and competition is driving down starting wages for those lucky enough to land jobs, an effect research... More »

MORE ABOUT:
wages • employment • recession • US economy • job market • labor market • college graduates

Japan Pays Latin American Workers to Go, Stay Home

Plan hatched to ease recession burdens

Apr 22, 09 3:41 PM CDT
(Newser) - Faced with rising unemployment, Japan is paying foreign workers to leave the nation for good, the New York Times reports. The offer targets some 366,000 Latin Americans of Japanese descent who perform undesirable manufacturing jobs. With industrial production at a 25-year low, many of them are out of work,... More »

MORE ABOUT:
immigration • Latin America • Japan • Brazil • Peru • recession • unemployment • labor market

Bernanke Signals New Rate Cuts

Says central bank 'will act as needed'
to further minimize economic risks

Feb 27, 08 9:15 AM CST
(Newser) - Federal Reserve Chairman Ben Bernanke today said that the board stands ready to cut interest rates again to give the economy "adequate insurance against downside risks," reports the Wall Street Journal. The move, which follows 2.25% in cuts to the key rate since September, is widely expected... More »

MORE ABOUT:
inflation • Ben Bernanke • housing market • Federal Reserve • energy prices • House Financial Services Committee • testimony • US economy • credit market • Federal Open Market Committee • interest rate cut • labor market

4 Stories


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