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unemployment rate

End of a Worrisome Week on the Employment Front

November 6, 2009 by Jeff Cornwall with 146 views

The official unemployment numbers are just out for October, and the data reinforces all of the worrisome surveys that have been coming out all week:The unemployment rate rose to 10.2% in October, from 9.8% in September.The unemployment rate was 4.9% at the start of the recession in December, 2007.There were 15.7 million unemployed... [read more]

The no-jobs tax problem

September 13, 2009 by Kay Bell with 130 views

The economy is starting to recover, but jobs are doing more than lagging. They are disappearing completely. And that poses some major problems for our tax system. It looks like we're facing a jobless recovery, where the economy grows but job losses persist. That's what happened at the end of the last recession in 2001. Payrolls then... [read more]

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