The Fed is still months away from beginning the process of scaling back its $85 billion a month bond-buying program, JPMorgan Chief Economist Bruce Kasman tells CNBC.» Read More
The question of whether to accept an offer that’s only so-so or, worse, beneath one’s pay grade is a growing source of angst for the 14 million Americans who remain unemployed.
Fun new job: Craig Ceccanti, Pinot's Palette CEO — it's a a "Sip and Paint" BYOB painting studio
You wouldn't believe the wild stunts some people will pull to get a job. One unemployed man is willing to die to get a job ... sort of. "This is a real every man for himself type economy right now," he said. Click through to read his life-or-death offer.
Seeming to usually prefer government management of the economy to that of the private sector, Professor Alan S. Blinder is now pushing for a jobs tax credit to induce owners to hire more workers. "At the margin" this might work a bit, but primarily this is a "cash for clunkers" proposal, handing money to owners who found a good reason to hire anyway.
The jobs picture has become so tough that some j0bs that used to get shipped overseas can now come back to the U.S., said GE CEO Jeff Immelt.
An increase in layoffs may be the culprit behind the weak employment picture, rather than a decrease in hiring.
Traders will be tuned in to Bernanke's Senate testimony Wednesday to see what he says about the economy and any new stimulus measures. Don't get too excited about a QE3, one economist said — that was just the Fed thinking out loud.
Layoff season has begun and it’s no secret that there’s more coming. And with the shrinking of the financial industry generally, some of you are probably going to have to think about transitioning to a new industry.
The picture was dismal in Washington Friday, after non-farm payrolls were announced. In Sun Valley, Idaho, it wasn’t much different.
If you’re confused over high unemployment, you’re not alone. The people who are best supposed to understand this issue don’t have much of a clue either.
About 20 percent of personal income comes from government payments, and as programs are trimmed, reduced consumer spending could slow the recovery, the New York Times reports.
Second-quarter earnings season kicks off next week and the market will be looking for signs from corporate America about the state of the economy. Plus the Fed, debt talks, consumer sentiment and more.
"In addition to the shock value...we need to seriously question whether a double dip is there. I would say it's back on the table," says one strategist.
There's charm to downplaying your success. But if you truly regard your accomplishments as lucky, that's dangerous. It means you don't know how you did whatever you did. Therefore, you can't repeat it. Or teach others.
Jobs creation remains moribund and inadequate to appreciably dent unemployment because the economic recovery is simply not gaining steam. These weak jobs data indicate the economic recovery remains in low gear, and policies other than big deficits and printing money are needed to get Americans back to work.
June may end up being a turning point for the job market, even if job creation still shows up to be relatively light in the government employment report Friday.
Planned job cuts rose to 41,432 jobs in June, an 11.6 percent increase on May, but the overall pace of downsizing is at the lowest level for 11 years, according to the monthly jobs report by Challenger, Gray & Christmas.
South Korean companies are employing extreme measures in their efforts to keep workaholic employees out of the office during their compulsory annual two-week holiday. The FT reports.
If you wanted to wish and hope for the second half of the year, some of the things that would be good to see follow, according to Vince Farrell.
Quantitative easing effectively reached some of its goals and badly missed at others, but the unprecedented program’s final legacy is far from being written.