Economy & Jobs
How the recession continues to impact young people
The Senate is expected to vote later this week on the FAA Air Transportation Modernization and Safety Improvement Act (HR 1586), which would modernize the air traffic control system to improve safety and reliability.
Posted Thursday, August 5, 2010 by Angela Peoples
Senate hearing examines why 20-30 year olds struggle to obtain small business loans.
Posted Tuesday, August 3, 2010 by Quantesa Roberts and Edward Wixler
The same conservatives who spent the past year senselessly screaming about the U.S. budget deficit are now demanding an extension of the Bush tax cuts for the rich.
A well-funded R&D program is one of the best chances the U.S. has of overcoming this jobless recovery.
Legislation that would allow private student loans to be discharged in bankruptcy could bring a major victory to those dedicated to student loan justice.
A deflationary-minded Federal Reserve might make Americans wonder what Republicans know that the economic wizards at the Fed do not.
Posted Thursday, July 29, 2010 by Mikhail Zinshteyn
Homelessness and hunger are growing problems on campuses across the country, says NPR. Students are adapting to a nomad lifestyle, living a few nights on friends’ couches and a few nights in student activity centers.
Recently the New America Foundation held an event highlighting Gary Rivlin’s recently published book Broke USA: From Pawnshops to Poverty Inc. How The Working Poor Became Big Business.
Posted Tuesday, July 27, 2010 by Mikhail Zinshteyn
Congress finally authorized an extension of unemployment benefits on Wednesday, providing a critical lifeline to families across the country and an absolutely essential boost to the economy.
In 2012, Virginia has a projected budget shortfall of $2.8 billion or 15.4 percent of the budget. In order fix the state’s budget woes while realizing the potential of the free market, VA governor Bob McDonnell (of Confederate History Month-fame) is pushing SB 443 this fall which would privatize Virginia’s state-owned liquor stores.
Posted Wednesday, July 21, 2010 by Pema Levy
With the Wall Street reform bill finally cleared through Congress, activists and intellectuals are pushing hard to make sure that this bill isn’t the last word Congress utters about Big Finance.
Jeremy Hotchkiss is worried about his first job. He is scheduled to graduate from the State University of New York–Stonybrook in a year, but the tight job market and high unemployment rate has him — and just about everyone else about to graduate from college — concerned for the future.
The positive effects of President Barack Obama’s stimulus package are beginning to wear off, especially for college students.
Unpaid internships were a great idea during the growing economy earlier this decade. But many interns now end up resenting their employers when they don’t see a job opportunity at the end.
Posted Monday, July 19, 2010 by Kay Steiger
As the Senate prepares to vote on extended unemployment benefits early next week, an Economic Policy Institute brief released yesterday shows that providing unemployment insurance doesn’t just help the jobless. According to the report, it actually creates jobs, too.
Posted Friday, July 16, 2010 by Julissa Treviño
The June labor market report announced that the unemployment rate is down from 9.7 to 9.5 percent and 83,000 private-sector jobs were created in June. Unfortunately, the situation isn’t quite so rosy.