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Labor Markets

A collection of news and information related to Labor Markets published by this site and its partners.

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  • No, the average U.S. household hasn't recovered its wealth

    No, the average U.S. household hasn't recovered its wealth
    The hands-down winner for most misleading trope of the day goes to the notion that U.S. households have now recovered all the wealth they lost during the recession and that their net worth is now at a record high. The raw statistics, from the Federal Reserve, inspired a surge of optimistic reporting on what this means for the economic recovery going forward.
  • Federal unemployment benefits may not be renewed in budget deal

    Federal unemployment benefits may not be renewed in budget deal
    About 73,000 laid-off Floridians will lose their federal unemployment benefits at the end of this month if lawmakers in Washington are unable to reach a year-end budget deal. The workers affected are those who have exhausted their state-paid benefits...

    A tepid Christmas? Holiday hiring slumps from record levels

    Retailers slammed with preparations for the Thanksgiving and Black Friday shopping bonanza last month added 471,000 workers to payrolls -- a number that fell 4.7% short of the record 494,400 seasonal employees brought on board during November 2012. Last...

    For second consecutive month, local jobless rates hold steady

    For the second  month in a row, local unemployment figures were unchanged in October, according to the latest state report. The jobless rates in Burbank and Glendale remained at 7.6% and 8.2%, respectively, according to statistics released Friday by the...

    The president's desperate course correction [Commentary]

    The president's desperate course correction [Commentary]
    The $1 billion, three and a half year rollout was a public relations disaster. Consumer access to its website is the focus of nightly Leno monologues. Nearly 6 million Americans have lost health insurance. That promised $2,500 per family savings has...