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Unemployment

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  • Unemployment

    If domestic spending has been the engine of economic growth in the past few decades, then the coming recovery — and the job creation that comes with it — won't be a smooth ride.

  • Jobs Numbers:  Breakdown by Sector Friday, 7 Aug 2009 | 8:42 AM ET

    The latest overall job loss numbers showed a loss of 247,000 jobs in July and the unemployment rate fell to 9.4%, the fewest losses since August last year.  The June and May  numbers were revised downward as well.  Here is a breakdown of where the job losses were as well as which sectors were adding jobs.

  • Friday Look Ahead: July Job Losses Seen Slowing Thursday, 6 Aug 2009 | 6:51 PM ET

    July's employment report could show job losses abating more than expected, even as the unemployment rate creeps closer to 10 percent.

  • Why the Economic Recovery May Be Different This Time Thursday, 6 Aug 2009 | 3:28 PM ET
    Unemployment

    Consumer spending has been so shaken that it will take years to recover. And even then, the growth will be slow and painful and with subpar job creation.

  • Ready for a good scare? The national debt clock is now online, and it's brought 38 of its evil statistical friends with it to freak you out.

  • Gimme a Job—Or I’ll Sue! Thursday, 6 Aug 2009 | 9:06 AM ET

    You don't have to wait for the Labor Department report on employment. If you want to know the state of the job market, look no further than Trina Thompson. A recent IT grad, Thompson is suing her college because she hasn't found a job yet.

  • Obama Visits Hard Hit Indiana With Grant Money Wednesday, 5 Aug 2009 | 1:54 PM ET
    Barack Obama

    Venturing back to a region reeling in deep unemployment, President Barack Obama's latest mission in Indiana is to show that the costly stimulus plan he lobbied for is producing tangible help — $2.4 billion in taxpayer grants to create electric cars and tens of thousands of jobs.

  • Job Losses Appear to Peak, But When Will Hiring Start? Thursday, 30 Jul 2009 | 3:21 PM ET

    After a year and a half of declining payrolls, economists are more certain there will be modest job creation than either a "jobless recovery" or an outright jobs boom. 

  • Real Estate Agent Lands $80,000 Job as Witch Wednesday, 29 Jul 2009 | 9:58 AM ET
    Witch

    The winner of one of Britain's most coveted jobs says her new profession is abandoning the housing market to live in a cave. And she says it's a step up.

  • Barry Diller: New Media Has Edge in Economy Friday, 24 Jul 2009 | 2:47 PM ET

    Internet company IAC/InteractiveCorp, which owns sites such as Ask.com and Match.com, has weathered the economy more successfully than most old media companies, CEO Barry Diller told CNBC Friday.

  • Jerusalem Mayor Hopes for 5-Fold Tourism Increase Thursday, 23 Jul 2009 | 6:04 PM ET

    Jerusalem's new mayor Nir Barkat was in New York today to announce a plan to boost tourism five-fold in the next decade.

  • Stethescope and money

    For a recent college graduate, the summer months can be a whirlwind. And as the unemployment rate rises — with employers slashing 467,000 jobs in the month of June — grads can be so caught up trying to secure a job that they lose track of another essential: health insurance.

  • Of all the problems thrown up by the ailing economy, an aging workforce is certainly one of the smaller ones, but for those in leadership positions, recognizing its effect on the next generation of talent is likely to be key in retaining that talent beyond the new retirement dates of their more experienced employees.

  • Yoshikami: A No Jobs Recovery Is Bad News Monday, 6 Jul 2009 | 12:57 AM ET

    With talk of recovery in the United States filling the economic debate, it's important to ask what is meant by the term recovery.  Semantics matter.

  • White House Sees More Job Losses Ahead Thursday, 2 Jul 2009 | 10:33 AM ET

    Thursday's announcement that U.S. employers cut 467,000 jobs in the month of June is a "disappointment," but still an improvement over the 700,000 a month that were shed in earlier months this year, said Christina Romer, chair of the President's Council of Economic Advisers.

  • Jobs Numbers:  Breakdown by Sector Thursday, 2 Jul 2009 | 8:46 AM ET

    The latest overall job loss numbers showed a loss of 467,000 jobs in June and the unemployment rate climbed to 9.5%, the highest rate since August 1983.  The May and April numbers were revised to losses of 322,000 and 519,000, respectively.  Here is a breakdown of where the job losses were as well as which sectors were adding jobs.

  • June Unemployment Rate Is Seen Rising to 9.6% Thursday, 2 Jul 2009 | 2:06 AM ET

    Out-of-work with no place to land, the legions of America's unemployed are growing. The Labor Department is scheduled to release a report Thursday expected to show the nation's unemployment rate edging closer to double digits.

  • Toledo, Ohio Eyes Green Jobs Renaissance Tuesday, 30 Jun 2009 | 2:48 PM ET
    Thin-film solar panel.

    The glass is half full again in Toledo. The Ohio city once known as the glass-making capital of America is trying to forge a new identity as a solar-energy, green jobs metropolis of the future.

  • Time to Put the Fun in 'FUNemployment!’ Thursday, 25 Jun 2009 | 8:23 AM ET

    Recessions are like a 12-step program: First you're shocked. Then you panic. But now that we're in the seventh inning, we're starting to loosen up a little. We're putting the fun back in "FUNemployment." Click here to check out some of the fun, new recession buzzwords.

  • Week Ahead: Watching the 'Recovery Trade' Friday, 5 Jun 2009 | 8:35 PM ET
    New York Stock Exchange

    The stock market's rally could face a critical test in the coming week as the "recovery trade" plays out across financial markets.