by Briana | Career, Economy, Finance, Investing
Recent reports show that the unemployment rate has fell to 8.6%, the lowest it’s been since March 2009. While October gained 80,000 jobs, November saw an additional 120,000 non-farm jobs. This may seem like a ray of hope, but we’re not out of the woods...
by Miranda | Economy, Investing
One of the pillars of our economy is employment. Our economy needs jobs because, without jobs, there aren’t enough people spending the money needed to keep our economy going. Since our economy relies on consumer spending for about 2/3 of its activity, it needs...
by jesswagner | Career, Economy, Finance, Investing
Many people are looking to the classroom as the best way to fight the recession and unemployment. Some younger people who are looking to graduate are opting to stay in school in order to wait out the bad economy. There’s hopeful news on the horizon as President...
by Miranda | Economy, Investing
The next Federal Open Market Committee (FOMC) meeting is slated for next week. This meeting of some of the biggest big wigs in the Federal Reserve will decide what to do next for the economy. Last month, at a symposium held in Jackson Hole, Wyoming, Fed chair Ben...
by Miranda | Economy, Investing
Today, initial jobless claims data for the past week came out. Initial claims fell by 12,000, sparking some small hopes that, perhaps, the jobs situation might improve. However, jobless claims data mostly means that new people aren’t being laid off. It...
by Miranda | Economy, Investing
As Labor Day approaches, speculation about what President Obama will include in his announced speech is bound to increase. Indeed, since the President announced that he will lay out a detailed jobs plan after Labor Day, many have begun wondering what he will suggest...