Today’s jobs report is a disaster. But why?
This is a terrible, horrible, no-good, very bad jobs report. The 88,000 net jobs added in March, if that or a similar figure holds up through revisions, is a tragedy: Nearly four years into the...
View ArticleYou’re going to like our listicle about Men’s Wearhouse. We guarantee it.
At this point, it’s still too soon to know exactly why Men’s Wearhouse abruptly dumped its founder and bearded, twinkly-eyed public face, George Zimmer. The unceremonious ouster certainly didn’t do...
View ArticleGovernment jobs are (still) the problem
One of the reasons for quiet optimism about the economy over the last few months has been the possibility that state and local governments have finished their long retrenchment and that government...
View ArticleThe real loser of the recession is rural America
There's been a lot of chatter in recent years about the ascendance of cities: They're more fertile places for innovation and productivity, have higher-skilled and more remunerative employment bases,...
View ArticleEconomy added 192,000 jobs in March; unemployment rate steady at 6.7 percent
A job-seeker filled out an application at a career fair in Philadelphia last summer. (Reuters/Mark Makela) The U.S. economy added 192,000 jobs in March, according to government data released Friday...
View ArticleEconomy adds 288k jobs in June; jobless rate falls to 6.1 percent
America’s hiring spree kicked into full gear in June as the economy added more than 200,000 jobs for the fifth month in a row, according to government data released Thursday. The streak is the longest...
View ArticleWaitresses of the world unite: The tipped minimum wage hasn’t increased in 23...
Probably underpaid. (Susana Gonzalez/Bloomberg News) Tipped workers have been getting short-changed for years. At least that's what the gap between the federally mandated regular minimum wage and...
View ArticleWhy the era of college grads working at restaurants and cafes is coming to an...
(AP Photo/Jessica Hill, File) The era of the overeducated barista is coming to a close. In the wake of the Great Recession, the ranks of the unemployed in America doubled, reaching more than 15 million...
View ArticleEconomy added 280,000 jobs in May, while unemployment ticked up to 5.5 percent
Martell Gerald applies for a job at the Bank of America booth at the Congressional Black Caucus for The People Jobs Initiative career fair in Los Angeles. (Jonathan Alcorn/Reuters, file photo) The...
View ArticleFed believes economy insulated from China slowdown, documents show
Federal Reserve officials believe the U.S. recovery will likely remain insulated from the slowdown in China that has roiled the global economy, keeping the central bank on track to begin ending its...
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