Fed Chairman Janet Yellen addresses the economic progress in the United States, and the role of Congress in the recovery of the labor market.» Read More
Recent election results illustrate the old political adage: A good economy is no guarantee for election victory but a bad one more often than not brings defeat. The 2010 midterms will be no different.
Tens of thousands of people will lose their jobs within weeks unless Congress extends one of the more effective job-creating programs in the $787 billion stimulus act, the New York Times reports.
The motto for next week? Don't be greedy.
The Fed's latest policy statement Tuesday managed to disappoint, confuse and surprise more than a few Wall Street analysts.
The nation's commander in chief is a changed man, said Cramer.
President Obama told a town-hall meeting that stimulus measures his administration has taken have "worked" but said they're considering additional incentives to spur hiring.
In a trend that bodes badly for the U.S. jobs outlook, productivity in the world's biggest economy is probably not headed for a sharp slowdown, according to research from the Federal Reserve Bank of San Francisco.
The "Mad Money" host explains his plan to create jobs and reduce the deficit.
The latest overall job loss numbers showed a loss of 54,000 jobs in August and an unemployment rate rising to 9.6%. Here is a breakdown of where the job losses were as well as which sectors were adding jobs.
Want a sneak peak at Gary Kaminksy's daily post, 'Kaminsky's Call'? Well, you're in luck because the veteran trader told the "Fast" desk what's in store for K-Call.
The US economy needs another government stimulus program as big as the one President Obama pushed through Congress in February 2009, economist Paul Krugman said on CNBC Monday.
CNBC will track several key mid-term election contests that distill the dollars-and-cents dilemmas facing Americans as they choose new representatives, senators and governors this fall.
State unemployment rates have shown only minimal improvements, with 18 states and the District of Columbia reporting decreases in July, 14 showing increases and 18 with no change at all.
Some see a high-stakes confrontation between a company that wants to cut its labor costs, even as it is earning record profits, and workers who are determined to resist demands for wage and benefit givebacks.
Despite all the gloom and doom about the US economy, the private sector actually created 620,000 jobs over the past seven months, far faster than in the previous two recessions.
Some economists think the central bank's concern about falling prices could help bring about the very situation the Fed is trying to avoid.
If you're looking to judge the success of the Federal Reserve's latest monetary policy move, look at the Treasury market, not the stock market.
Conventional wisdom may say that surging productivity is bad for job creation, but that doesn't mean falling productivity is good for it. A surprise decline in quarterly business productivity in the second quarter was hardly welcomed as a sign of better times ahead for the labor market.
Whether the housing market is in another free-fall or not, just the thought of a double dip is forcing real estate investors to re-think how and where they spend their money. And maybe even if they should spend it at all.