Topic: Dan Meckstroth

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New jobs down, unemployment up: Is the economy hitting a pothole or a ditch?

Unemployment increased to 9.1 percent in May, and only 54,000 new jobs were created. Economists point to lingering impacts of the tsunami plus rising food and gas prices.
Energy and tech jobs: where job hiring is (finally) happening

Postings for tech jobs were up 30 percent last month compared with a year ago, according to Craigslist. Job hiring already resulted in upbeat employment numbers last week.
Businesses 'not hiring' because of economic uncertainty

Weak sales are keeping many businesses from hiring new workers. Consumers are not spending at their normal levels, and although housing has improved, it's not leading the economic recovery.
Recession over? Five signs Bernanke may be right

A number of positive trends support the Federal Reserve chief's statement that the recession has "very likely" ended.
Jump in new jobless claims

The sharp rise in claims in recent weeks suggests that the pace of unemployment is not slowing down.
US unemployment up – and spreading

January's loss of 598,000 jobs hit factory workers and professional and business-services employees hardest.
US economy's gloom expected to begin lifting by late '09

Until then, employment, output, and housing prices will keep falling.
Are jobless next to need a bailout?

Obama vows action as jobless rate jumps to 6.5 percent.
Slow economy forecast for fall election

Citing dreary job numbers, some economists see the first 'recession election' since 1980.