Recession Lingers On in Silicon Valley

Much has been made recently of the huge valuations of Internet players like Facebook, Twitter and Zynga, but while Web 2.0 is doing well, the Silicon Valley region itself is not. A new report shows compensation and unemployment…

Are High Taxes Making Small Business Slow to Hire?

The majority of jobs in the U.S. are created by small business, which are still reluctant to hire new workers. And while some of their reasons for holding back may mirror those of big businesses, local conditions like state tax…

Consumer Sentiment Jumps to Highest Level Since June

Another good week for the U.S. economy: Initial jobless claims fell below the key 400,000 level, and the consumer sentiment index rose to its highest point in eight months, indicating that Americans are increasingly confident t…

What’s the Real Unemployment Number?

In January, job creation was anemic, yet unemployment plummeted. What gives? The answer lies in the quirky way the government decides who gets counted as part of the work force, who gets counted as officially unemployed and who…