Skip to: Content
Skip to: Site Navigation
Skip to: Search

SUNDAY, NOVEMBER 22, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter

NEWS ABOUT: underemployment

underemployment stories: 5 news summaries

Nouriel Roubini

Forget the Rosy Stats:
The Little Guy Is in Bad Shape

Economy far worse off than statistics indicate

(Newser) - Don’t believe the rosy official statistics; for most Americans, the economy is in incredibly bad shape, according to the economist some call “Dr. Doom.” We’re looking at a tale of two economies, Nouriel Roubini writes in the Globe and Mail . For top businesses, it’s... More »

 Unemployment Jumps to 10.2% 

Companies cut 190,000 jobs last month

(Newser) - Unemployment cracked the 10% barrier last month, as 190,000 workers lost their jobs, according to Labor Department figures released today. The bigger-than-expected losses bring the rate to 10.2%, a 26-year high. And the underemployment rate, which includes would-be full-timers working part time and those who've given up looking... More »

MORE ABOUT:
recession unemployment Department of Labor payrolls economy underemployment unemployment rate

In Recovery, Business Will Profit at Workers' Expense

Short-term outlook 'great for business, terrible for households'

(Newser) - The economy is slowly improving, but companies will see the benefits long before the unemployed and underemployed will, Bloomberg reports. A Department of Labor report released yesterday found that the average workweek is at a near-record low of 33.1 hours. The lack of uptick in part-time hours is an... More »

MORE ABOUT:
economic growth recession unemployment US economy Department of Labor US employment underemployment

ANALYSIS

 Broader Jobless 
 Rate Near 15% 

Economy shedding jobs at fastest rate in 50 years

(Newser) - The February job numbers released today bring the country close to the employment nadir it reached in 1982, David Leonhardt writes for the New York Times. The 651,000 lost jobs, along with 161,000 added in revisions to previous months, still bring a depressing milestone: Since the start of... More »

MORE ABOUT:
recession unemployment job market job financial crisis underemployment recession depression

Analysis

US Economy Isn't as Bad
as 1982 ... Just Yet

But downturn will definitely get worse, and only big stimulus will limit its depth

(Newser) - We’ve heard a lot lately about how this recession is the worst since the 1980s, or even since the Great Depression, so David Leonhardt, in the New York Times, tries to get some perspective. Using jobs data as his main metric, Leonhardt finds things aren’t nearly as bad... More »

MORE ABOUT:
economic indicators recession unemployment financial crisis underemployment

5 Stories