What the Rising Stock Market Doesn’t Say About Jobs

If the stock market reflected the entire economy, happy days would surely be here again. But, alas, it reflects just the profit potential of public companies. And for millions of unemployed Americans, that’s proving to be no he…

Why Dow 11,000 Is Worth a Lot Less Now Than in 2001

Adjusted for inflation, the current stock market hasn’t recovered nearly as much as it seems if you look at only nominal prices. At best, you’ve gained just 3.6%. But more likely, you’re down by some 23%. And if you measure the…

Most States Reported Higher Joblessness in August

Last month, 27 states lost jobs, while 10 states and Washington, D.C., had no rate change from July, according to the report. Overall unemployment was down slightly from the 9.7% rate in August 2009, the BLS said.
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