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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: unemployment

unemployment stories: 320 news summaries

61 - 80 of 320 Stories | << Prev 1 2 3 4 5 6 7 8 ... 16 Next >>

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MARKETS

 Dow Ends 4-Day Run, Dips 39 

Financials rally against broader slump

Aug 5, 09 3:15 PM CDT
(Newser) - Stocks fell today on dour data, though some financial firms rallied against the broader slump, the Wall Street Journal reports. The private sector lost 371,000 jobs in July, and the Institute for Supply Management’s index of non-manufacturing activity fell to 46.4 from 47.0 in June. Nonetheless,... More »

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Dow Jones • unemployment • Nasdaq • AIG • S&P 500 • CIT Group

 Unemployed Grad 
 Sues College 
 for Tuition 

Unable to find work, New Yorker wants her $70K back

Aug 3, 09 3:10 AM CDT
(Newser) - After months of looking for work, fed up New Yorker Trina Thompson is suing her college for the $70,000 she spent on tuition. Monroe College's Office of Career Advancement hasn't done enough to help her find employment, the 27-year-old spring graduate claims in a suit filed in Bronx Supreme... More »

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college • recession • lawsuit • unemployment • Bronx • student • recession depression

(Newser) - As many as 1.5 million Americans will lose unemployment benefits by the end of the year, reports the New York Times. Some 9 million Americans currently receive an average of $300 a week in unemployment, and many in the current recession have failed to find work for a year... More »

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recession • unemployment • job market • unemployment benefits

(Newser) - The collapse of Detroit has turned its Canadian counterpart into a veritable ghost town, the Economist reports. Located just across the Detroit River in Ontario, Windsor depends heavily on the Big Three, and now claims Canada’s highest unemployment rate at 14.4%. But Ontario’s problems go beyond “... More »

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Canada • Detroit • recession • unemployment • auto industry • border security • Windsor • Ontario • auto bailout

Career-Switchers Flock to Teacher-Training Programs 

Unemployment helps drive applications

Jul 31, 09 10:25 AM CDT
(Newser) - With unemployment soaring, interest is booming in teacher-training programs for people switching careers, the Washington Post reports. This year, a 20-city retraining program saw applications climb 30%; in many areas there’s more interest than jobs available, outside of science, math, and physical education. The surge could help avert likely... More »

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education • unemployment • training • teachers • second career • job training

Silicon Valley Unemployed
Turn From Tech 

With jobs in short supply, many shift to health care, energy

Jul 31, 09 8:45 AM CDT
(Newser) - After holding its own against the economic tide, the tech industry is hurting—and many jobless in Silicon Valley are heading to other sectors, the Wall Street Journal reports. One group that helps job-seekers grew to capacity this year, from 180 to 225 members, with 450 on the waiting list;... More »

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Silicon Valley • unemployment • tech industry • second career • jobless

Older White Men Take Big Hit From Recession

Middle-aged workers hurt as unemployment hits 70-year high

Jul 30, 09 9:40 AM CDT
(Newser) - Typically it’s the young who lose their jobs in a recession, but not in the current slowdown. Aging white workers at the theoretical peak of their earning power are losing their jobs this time around—and they can’t find new ones, USA Today reports. The jobless rate... More »

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race • recession • unemployment • white men • financial crisis • recession depression

OPINION

 Biden: Recovery Act Is Working 

Critics attacking 'pet programs' have 'misconstrued' the effort

Jul 26, 09 10:07 AM CDT
(Newser) - Those who dismiss the Recovery Act as “being spent on pet programs” are wrong, writes the man tasked with administering it. Writing in a New York Times op-ed, VP Joe Biden contends that the stimulus has “brought us back from the precipice.” Two-thirds of it “goes... More »

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Joe Biden • recession • unemployment • tax cuts • economic stimulus package • op-ed • financial crisis • economic recovery • American Recovery and Reinvestment Act

'09 Grads Picky Despite Grim Jobs Market

Below-par jobs rejected as grads wait for economy to rebound

Jul 25, 09 6:28 AM CDT
(Newser) - Many of this year's college grads are confounding career advisers by rejecting suggestions that they can't afford to be choosy about what job to take in a recession, the New York Times reports. The grads say they don't want to be forced into less-than-ideal jobs and career paths by economic... More »

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higher education • employment • recruitment • unemployment • college graduates • job vacancies

(Newser) - Years of tax and budget cuts have left the nation's unemployment system badly weakened just as it's most needed, the New York Times reports. At least a million applications are still stuck in the system and many applicants have to wait months for their first check. Sixteen states have... More »

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recession • unemployment • unemployment benefits • benefits • payroll taxes

(Newser) - Newt Gingrich lashed out today against President Obama’s health care plan, saying the nation should deal with crushing unemployment first, Politico reports. “America does not work if Americans are not working,” he said. “Getting Americans working should be the number one priority.” Gingrich called for... More »

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Congress • Newt Gingrich • Republican Party • unemployment • health care reform • job creation • Obama administration • President Obama

(Newser) - If the downturn has you considering a “recession-proof” job like teaching or medicine, think again, Greg Burns writes in the Chicago Tribune. The recession has affected all sectors, from layoffs and lower enrollment at educational institutions to dwindling state budgets choking civil servants. “It’s a question of... More »

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employment • recession • unemployment • job • financial crisis

Yoga Retreats See Karmic Convergence in Recession

Ashrams enjoying newfound popularity

Jul 16, 09 1:30 PM CDT
(Newser) - Many left unemployed or weary by recession are heading to yoga retreats, where they get meals, lodging, spiritual education, and quiet reflection for some chores and a low fee. “I figured if I stayed for a year, the economy would be warming up by then, and I could head... More »

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recession • unemployment • yoga • Jay-ZTV

(Newser) - The Federal Reserve is confident the general economy is turning around but still pessimistic on the jobs part, the Wall Street Journal reports. In June meeting minutes issued today, those gathered agreed that data since April “indicated that the economic contraction was slowing and that the decline in activity... More »

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Ben Bernanke • Federal Reserve • recession • unemployment • predictions • financial sector • economic crisis • minutes

OPINION

Stimulus Cash Isn't Making
It to Hard-Hit Minorities

African-Americans, Hispanics pummeled by recession

Jul 15, 09 1:58 PM CDT
(Newser) - With unemployment at 14.7% among African Americans and 12.2% among Hispanics, the recession is hitting minority communities particularly hard. But as is often the case with so-called “colorblind” spending, stimulus funds, intended to be equal-opportunity, aren’t making it to these groups. The government must “start... More »

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recession • unemployment • cities • minorities • economic stimulus package • African-Americans • Hispanics • jobless • economic recovery

 Obama: Expect 
 Jobless Rate 
 to Rise Further 

Hiring 'typically lags' after recovery begins

Jul 14, 09 12:58 PM CDT
(Newser) - President Obama expects unemployment to continue to “tick up” for a few months, Reuters reports. “We have seen some stabilization in the financial markets, and that’s good, because that means that companies can borrow and banks are starting to lend again,” he said today. But “... More »

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recession • unemployment • economy • President Obama • jobless

(Newser) - When the economic crisis turned terrifying last winter, Washington finally got its act together and passed a massive stimulus package. But now, writes New York Times columnist Paul Krugman, the US faces a slower but more dangerous "jobless recovery" over the next few years and an "utterly terrifying"... More »

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climate change • recession • unemployment • Paul Krugman • economic stimulus package • Obama administration • financial crisis

(Newser) - The recession has crippled funding for legal aid even as it has bumped up the number of people requesting representation, McClatchy reports. Though the federal government ramped up spending this year—and plans an even bigger increase for 2010—state funding and private donations have cratered, forcing legal aid to... More »

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recession • unemployment • poverty • lawyer • civil lawsuits • interest rate cut • public defender • legal aid • federal funding

Economic Muck Gives GOP Hope for New Blood in 2010

Candidate recruitment up amid bad news for Dems

Jul 9, 09 9:18 AM CDT
(Newser) - As bad economic reports keep coming, Republicans are seeing candidate recruitment soar, the Hill reports. The party has had “probably its first good couple weeks in four years,” says an analyst, fueled in large part by rising unemployment and sinking stocks. Meanwhile, Democrats have lost top Senate candidate... More »

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Congress • stock market • recruitment • Republican Party • unemployment • Senate race • economy • Lisa Madigan • House race • Election 2010 • Mark Kirk • Kelly Ayotte

More Americans Falling Behind on Loans

Balances surge on bank credit-cards as Americans struggle to pay bills

Jul 7, 09 4:21 PM CDT
(Newser) - Delinquencies on consumer and home-equity loans rose in the first quarter as unemployed Americans struggled to pay their bills, the Wall Street Journal reports. The number of borrowers at least 30 days late on their consumer loans, which include auto loans, rose slightly to 3.23% from the previous quarter.... More »

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debt • unemployment • credit card • loan • consumer loan markets • home-equity loans • American Bankers Association • delinquency

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