Amid some promising signs — which are turning the heads of even some bears — structural unemployment continues to be painful as the ranks of the long-term jobless keep swelling. This is a distinction that should be far more c…
Up to now, they survived the downturn with minimal damage. But that’s changing, even as the economy rebounds. Unemployment among people under 25 with a bachelor’s degree is now 9.6% vs. 5% just two years ago.
C…
This week was all about jobs reports, and after December’s employment numbers fell short of expectations, stocks ended the first week of trading in 2011 on a down note. Kenny Polcari, managing director at ICAP Corporates explai…
Among Thursday’s top online stories for investors: 12 semiconductor stocks that could really run in 2011; why Facebook won’t go public; and how Quora is quickly overtaking twitter.
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President Barack Obama will likely name a new chief economic adviser to replace Lawrence Summers later this week as his administration looks for more effective ways to reduce an unemployment rate that remains near 10%, the Asso…