Trapped in unemployment

Meet the new underclass -- the four million Americans who have been unemployed for more than a year. With every additional week out of work, their chances of finding a job dwindle. It turns out that many employers don't want to hire the ...
Posted by Fabrice Florin
4.1

What’s the ‘Real’ Jobless Rate?

As the Obama administration basked in the news that the unemployment rate in January dipped to a three-year low of 8.3 percent, Republicans Mitt Romney and Newt Gingrich threw a wet blanket on the announcement. Romney said the “real ...
Posted by Fabrice Florin
4.0

John Boehner says Bush tax cuts created 8 million jobs over 10 years

During an interview on NBC’s Today show, House Speaker John Boehner, R-Ohio, offered some job-creation statistics to cast a favorable light on the tax cuts passed under President George W. Bush in 2001 and 2003. Host Matt Lauer said to ...
Posted by Fabrice Florin
3.9

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