Jobs

How Much are Replacement Jobs Helping the Economy?

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America?s high unemployment rate will come down as total spending picks up and the economy recovers. Some of the unemployment is the result of the recession, but some is the result of long-term trends. Since 2000, manufacturing jobs have fallen by 5.4 million, and when the economy comes back, manufacturing will not recover much ? [...]

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It’s Time for an Employment Revolution

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Unemployment continues to be one of the biggest problems of the great recession. Despite its recent fall, it is still at 9.7%. But if we look at labor force and employment trends of the Bureau of Labor Statistics Current Population Survey back to 2000, the employment situation looks even worse. The civilian labor force drifts [...]

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Which College Degrees Have the Best Job Opportunities?

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There were 1,524,092 BA degree graduates for the year ending June 2007 — the last year of complete data. Graduates with a BA degree show a nearly unbroken increase since the 1960′s. A total of 22.5 million people received BA degrees in the United States between 1990 and the year ending June 2007. During the [...]

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Not All Jobs Are Created Equal

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Is employment looking up? In Newsweek, Daniel Gross says that “Jobs Are on the Way!,” noting that even though employment is still off 11,000 jobs, the all-important service sector has added 58,000 jobs. He cites the 0.2% drop in the unemployment rate and a few other markers of improvement, concluding America’s job market is turning [...]

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How National Health Care Will Improve Your Salary

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The latest turn in the health care debate drops the public option but would extend Medicare eligibility downward to begin at 55 years old. Since the words “public option” bring automatic opposition, health care reform supporters in Congress apparently decided to address the politics with some new words even though Medicare is already a public [...]

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We Can’t Buy Our Way Out of a Recession

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Black Friday is over. This year, there were many news stories of hope and optimism that consumers would rush out and buy, buy, buy. The broadcast news stations sent their local correspondents to talk with mall owners and department store managers to get their forecast. The ones I saw used their interviews to plug discounts, [...]

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What’s the Real Unemployment Rate?

The country got a bit of good news late last week when the unemployment rate dropped to 10%, with the economy losing only 11,000 jobs and revised numbers for September and October lower than originally estimated. While the news was able to push stocks up a bit for the week as more investors see this [...]

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