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Unemployment

WNYC News

Economy Adds 227,000 Jobs, Unemployment Flat at 8.3 Percent

Friday, March 09, 2012

Credit Market Stress Indicators

The nation’s unemployment rate held steady at 8.3 percent as the U.S. economy added 227,000 jobs in February. Revised data also found that 60,000 more jobs were created in December and January.

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It's A Free Blog

Opinion: 'Baby-Step' Recovery Shows Government Can, Should do More

Monday, February 06, 2012

Economic recovery is coming about without sweeping action from Washington. But little decisions along the way are helping, and bigger ones could do even more.

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The Takeaway

Job Numbers Show Positive Sign for Economy

Friday, February 03, 2012

Another positive signal for the economy today as it was revealed that the U.S. unemployment rate fell to 8.3 percent. The economy added 243,000 jobs, more than expected. What does this mean for the economic recovery? Joining the program is Kelly Evans from The Wall Street Journal

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The Takeaway

The 'Safety Net' and Realities of Poverty

Friday, February 03, 2012

On Tuesday evening following his Floriday primary victory, Mitt Romney told Soledad O'Brien that, "I’m not concerned about the very poor. We have a safety net there. If it needs repair I'll fix it." The following day, The Takeaway followed up with a segment about the changing face of poverty in America. As part of a continuing conversation about this topic, Ron Robinson joins the program. Robinson is a homeless father of twins who lost his job at AT&T in 2010, and has been moving his family in and out of homeless shelters in Detroit, Michigan ever since. Alex Kotlowitz, journalist, author of the book "There Are No Children Here," and producer of "The Interrupters" also addresses the subject. 

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The Takeaway

Veterans Talk about Poverty

Friday, February 03, 2012

Poverty and homelessness disproportionately effects those who have served in the Army, Navy, Air Force, Marines and National Guard. While the reasons are diverse — the lack of perceived skills by civilian employers, physical and psychological injuries sustained during service, a sluggish economy — the reality is undeniable: veterans make up only ten percent of the population, yet seven percent of veterans live in poverty and one in five are homeless. Of those that have served, the group hardest hit have been National Guard veterans. 

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The Takeaway

This Week's Agenda: Florida Primary, Facebook IPO

Monday, January 30, 2012

This week, Mitt Romney and Newt Gingrich battle for votes in the Florida Primary. Republican candidates then move on to Nevada, where the state will caucus on Saturday. Both Florida and Nevada have a significant Latino population, and the candidates will likely use their campaigns to attract Latino voters across the United States. As the Republican candidates duke it out in Florida, the Senate will introduce the Stop Trading on Congressional Knowledge Act (STOCK Act), to prevent lawmakers from trading stocks based on information from Congressional briefings.

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WNYC News

Recent Loss of City Jobs 'Unsettling': Analysis

Friday, January 20, 2012

Joblessness rose in New York City — but was flat in the state, and went down in New Jersey last month, according to a recent analysis.

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The Takeaway

Cornel West and Tavis Smiley on Poverty in 2012

Tuesday, January 10, 2012

Dr. Cornel West and Tavis Smiley have been outspoken critics of income inequality in America. The late aughts were shaped by the subprime mortgage crisis, subsequent stock market crash, international debt problems, and record levels of long-term unemployment. Between 2006 and 2010, there was a 27 percent increase of people living in poverty across the U.S. And despite signs of recovery, growth has been slow and decidedly uneven with Florida, Nevada, Arizona, Michigan, Indiana, Ohio and California hovering at 12 percent or higher unemployment rates.

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The Takeaway

The Economic Forecast for 2012

Friday, December 30, 2011

As evidenced by the Congressional debt panel's failure, MF Global's $600 million missing investor funds, and lagging employment numbers, the U.S. has a long way to go in terms of solving the economic problems that created the 2008 financial crisis. And there are plenty of potential pitfalls abroad — China's inflation rate is at 10 percent, and the euro zone's ongoing debt crisis. Yet, there are bright spots with many manufacturing, energy, and tech sector jobs growing.

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The Takeaway

As Unemployment Claims Decline, Disability Claims Rise

Thursday, December 29, 2011

Since 2007, the number of people collecting social security disability benefits, or SSDI, has grown by 3.4 million. Two new studies, one co-produced by the Obama administration, document a direct relationship between those seeking SSDI after their unemployment benefits run out. With 10.6 million Americans receiving payments of roughly $1,000 a month plus access to Medicare and Medicaid, there are concerns that the Social Security Trust Fund will be completely depleted by 2017.

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The Leonard Lopate Show

Thomas Frank on the Government as Job Creator

Wednesday, December 07, 2011

Harper’s columnist Thomas Frank looks back at the federal government work programs introduced during the Great Depression, which each generated millions of jobs. Frank sees the success of these programs as the foundation of the country’s recovery from the current economic recession, and argues that the responsibility to create jobs belongs not just to the private sector but to the government. His latest Easy Chair column on the subject appears in the December issue of Harper’s magazine.

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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

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

The Week's Agenda: Holiday Shopping, Employment Numbers

Monday, November 28, 2011

Over the weekend, U.S. retail sales climbed 16 percent, hitting a record total of $52.4 billion, according to the National Retail Federation. The average shopper spent $398.62 during the holiday weekend. Despite these promising retail numbers, other economic indicators aren't as positive this week. 

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WNYC News

Disagreement Over How Much Gas, Employment Fracking Would Bring to NY

Wednesday, November 16, 2011

Tonight, New York State regulators will hold the first of four public hearings on the Cuomo administration’s proposal to permit and regulate the natural gas drilling technique called “fracking.” While much of the discussion has focused on the environmental hazards, there is also debate over the economic benefits of fracking, and even the amount of gas contained in the Marcellus Shale.

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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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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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