Streams

 

Jobs

The Brian Lehrer Show

It's About Jobs

Monday, December 19, 2011

Joseph Stiglitz, Nobel Prize winner and author of Freefall: America, Free Markets, and the Sinking of the World Economy, says the Depression was caused by the shift from agriculture to manufacturing, and that we face a similar shift today.

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The Takeaway

Manufacturing In US Continues to Grow

Monday, December 05, 2011

One of the bright spots in the American economy right now is coming from the manufacturing sector. According to the Institute for Supply Management’s monthly survey of purchasing and supply executives, activity at U.S. factories has grown at its fastest rate in five months. And in the automobile sector, the growth rate is translating into new jobs.

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The Takeaway

120,000 Jobs Added in November, Unemployment Drops Below 9 Percent

Friday, December 02, 2011

Since President Obama introduced the American Jobs Act in September of this year, he has spoken publicly about it more than 50 times. The jobs report for November comes out this morning and the consensus call is that 125,000 new jobs were created this month. Charlie Herman, economics editor for The Takeaway and WNYC, speaks about the latest jobs numbers as well as specific economic and educational reforms that are trying — with mixed success — to remedy the situation.

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The Takeaway

Young Americans See Uptick in Hiring

Friday, December 02, 2011

After four years of economic downturns, there's finally some good news: in the past 3 months, 650,000 workers aged 16 to 24 have found jobs. This age group, dubbed by some as "the lost generation," have been hit hardest by these ongoing problems: in 2010, only 16.9 million of them were employed.

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Transportation Nation

Do Higher Cafe Standards Create Jobs?

Friday, December 02, 2011

(Photo (cc) by Flickr user KSGR)

WNYC's Economic Editor, Charlie Herman, has been examining where jobs could come from in this economy, and on the Takeaway today he quotes Klaus Kleinfeld, the head of Alcoa, as saying (about a minute and a half in):

"Suddenly the automakers are saying we have to make our cars more fuel efficient so they look for lightweighting  and they don't want to compromise safety, so then they look at what is the materials they should to choose and they chose aluminum."

Herman says Alcoa is expanding a factory, spending $300 million, and creating 300 jobs.

He says the cafe standards are a "requirement the government is putting on the auto industry that is having trickle down effect.  It will  also make US cars more competitive around the globe, where fuel efficient cars are more in demand."

Full audio here:

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The Takeaway

Top of the Hour: November Jobs Report, Morning Headlines

Friday, December 02, 2011

The latest job numbers from November reveal that the number of jobs created last month won't be enough to bring down the country's nine-percent unemployment rate. 

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The Takeaway

Companies Spend on Stock Buybacks

Tuesday, November 22, 2011

Corporations all over America may be laying off employees, but many remain flush with cash. The New York Times reports in Tuesday's paper about an increasingly trend among American corporations. Instead of hiring more workers or investing in new growth opportunities, big companies are spending money on buying back their own stock. Louise Story, Wall Street and finance reporter for The New York Times, discusses why this is happening and what it means for the economy.

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The Takeaway

Jobs Recovery Still Far Away for Most States

Tuesday, November 15, 2011

Most economists agree that the recession ended in the summer of 2009. But, because of persistently high unemployment, many Americans are still feeling the economic pain. Across the country, there are almost five percent fewer jobs than there were when the recession began. And, according to a recent Gallup poll, Americans are now more pessimistic about the job market than at any time in the past 10 years. About 90 percent of Americans currently say that it is a "bad time" to find a quality job. 

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The Takeaway

Senate Approves Jobs Help for Veterans

Friday, November 11, 2011

In a rare moment of bipartisan agreement yesterday the Senate passed a small segment of President Obama's jobs package that aims to help unemployed veterans seeking jobs. Financial incentives of up to $5,600 will be offered to employers who hire veterans unemployed for longer than six months. The hope is that it will help the thousands of veterans unable to find employment. 

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The Takeaway

Washington Update: Oil Pipeline, Super Committee, Jobs Bill

Friday, November 11, 2011

There were a number of big stories out of Washington late this week. On Thursday, the Obama administration announced that it would delay making a decision on construction of the Keystone XL oil pipeline until after the 2012 elections. The pipeline, which would stretch 1,700 miles from Canada to the Gulf Coast, was opposed by environmental activists who said it threatened a major source of drinking water in Nebraska. Meanwhile, in Congress, the Senate unanimously passed a bill to help veterans find jobs and the "super committee" continues to debate a debt reduction plan.

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The Brian Lehrer Show

Monthly Jobs Report

Friday, November 04, 2011

WNYC business and economics editor, Charlie Herman, talks about the latest jobs numbers and the Federal Reserve's announcement of bleaker economic projections.

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WNYC News

Economy Added 80,000 Jobs in October; Unemployment Falls Slightly

Friday, November 04, 2011

U.S. businesses kept hiring workers in October even as government payrolls continued to be cut.

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The Takeaway

Unemployment Dips to 9 Percent After US Adds 80,000 Jobs

Friday, November 04, 2011

The U.S. economy added 80,000 jobs in the month of October, pushing the unemployment rate down to 9.0 percent from 9.1 percent according the latest figures from the Bureau of Labor Statistics. In October, the private sector added 104,000 jobs, though 24,000 government workers lost their jobs. On Wednesday, the Federal Reserve forecast that unemployment will likely only drop to between 8.5 and 8.7 percent in 2012Charlie Herman, business and economics editor for The Takeaway and WNYC, analyzes what these figures mean for the economy.

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The Takeaway

This Week's Agenda: Euro Zone, Jobs, 7 Billion People

Monday, October 31, 2011

The markets responded positively to the news last week of a euro zone deal to try and turn around their two-year financial crisis. Marcus Mabry, editor-at-large of the International Herald Tribune, which is the international edition of The New York Times, tells us how he expects the markets to continue to go this week and to be on the lookout at Italy, which could be the next euro zone country to be in financial trouble. Charlie Herman, business and economics editor for WNYC and The Takeaway, looks at the upcoming G20 Summit in France this week, and if they can come up with a framework to deal with Europe's economic troubles.

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The Takeaway

Detroit Community Organizers 'Re-Imagine' Work

Thursday, October 27, 2011

Anyone watching the American economy might question what it means to have job security 2011. In Detroit this week, a group of national community organizers will be taking the question to the extreme as they ponder: What does it mean to work? The traditional answer—get a job and keep it—is suddenly beyond the reach of so many Americans, that the very definition of work must be re-imagined; say organizers of the Reimagining Work conference.

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The Takeaway

New Poll Shows Lack of Faith in Government

Wednesday, October 26, 2011

New York Times/CBS News poll released Tuesday reveals a deep sense of frustration with government as both political parties have failed to give voters a sense that they can fix the economy. Seven in 10 Americans think the policies of Republicans favor the rich, while two-thirds support raising taxes on millionaires. A report from the Congressional Budget Office also out on Tuesday says that incomes for the top 1 percent of earners have grown by 275 percent in the last 30 years, versus just 40 percent for people in the middle income scale. The poll's findings are bad news for both Republicans and Democrats alike as they prepare for a pivotal election in 2012. New York Times national political correspondent Jeff Zeleny helps parse the numbers and explains what this means for the country.

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The Takeaway

BET Founder Robert Johnson on Black Unemployment

Friday, October 14, 2011

The financial crisis has hit just about every corner of the economy but it has been disproportionately harmful to African-Americans. The unemployment rate among black Americans stands at 16 percent. That's nearly 7 percentage points higher than the unemployment rate of the population as a whole.

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The Leonard Lopate Show

The Future of Economic Growth

Thursday, October 13, 2011

Nobel Laureate and NYU Stern professor Michael Spence, author of author of The Next Convergence: The Future of Economic Growth in a Multispeed World, and The Economist's New York Bureau Chief Matthew Bishop discuss recent trends in the job market, both in the United States and around the world, the rapid growth in developing markets that are catching up with the industrialized West, and what the United States must do to remain competitive. They’ll also look at The Economist’s “Future of Jobs” report.

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The Takeaway

Recapping Last Night's Republican Debate

Wednesday, October 12, 2011

The latest Republican presidential debate was held in New Hampshire on Tuesday night. Perhaps it was the mahogany table's influence but, unlike some of the more recent GOP debates, the atmosphere was cordial. The candidates steered clear of some of the more contentious topics — religion, race, immigration — that have been roiling the field. Instead, they expressed dissatisfaction with the Federal Reserve and health care reform, among other subjects. But what, in a debate that focused primarily on the economy, did they offer to potential voters?

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Slate Culture Gabfest

Slate: The Culture Gabfest Bronze Ball of Regret Edition

Tuesday, October 11, 2011

In this week's Culture Gabfest, our critics Stephen Metcalf, Dana Stevens, and Julia Turner are smitten with the new indie romance Weekend. Next, Gabfesters watch the perennial television favorite Dancing With The Stars, now in it’s 13th Season. For the

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