Crash Survival Zone

…The pace of job losses may be slowing — the government reported yesterday that employers shed a net 345,000 jobs in May, far less than economists had expected — but for Thomas and other U.S. workers, things feel like they’re still getting worse. The unemployment rate is now at 9.4 percent, and a record 27 [...]

At the start of the recession in December 2007, there were 4.4 million job openings, but that number has declined dramatically. This morning’s data release by the Bureau of Labor Statistics shows that in April job openings declined 102,000 to 2.5 million, a drop of over 42% since the start of the recession.

The decline in [...]

Most of the new jobs being created by the President’s economic-stimulus package are outside the Washington, D.C., area. Here’s how to benefit, no matter where you live.

President Obama’s budget projects hundreds of thousands of new job openings in government and for government contractors during his first term. How do you find and land one well [...]

A higher U.S. minimum wage is providing a cushion to the economy when it is most needed, according to a report released on Thursday.

The Economic Policy Institute, a liberal think-tank based in Washington, said recent rises in the minimum wage have acted as a “stealth stimulus,” preventing the worst recession in generations from spiraling out [...]

The figures are staggering. Unemployment at 8.9 percent. Record new unemployment claims. By one measure, unemployment and underemployment at 15.6 percent.

Hardworking families are struggling to get by, and too often, they don’t know where to turn for help.

That’s where the Unemployment LifeLine comes in. It’s a one-stop guide that links workers to the resources in [...]

Some laid-off educated workers are turning to lower-skilled jobs to get by.
Robb Linn will walk your dog or cut your grass. He doesn’t have any professional experience in either canine care or landscaping, but he does have a master’s degree in city and regional planning.

“I had this bright idea that I would just start throwing [...]

Some $4 billion from President Obama’s $787 billion economic stimulus plan that was budgeted to renovate public housing will be spent to create so-called “green jobs” by making the dwellings more energy efficient.

Housing Secretary Shaun Donovan was making the announcement Tuesday in Denver at a meeting of Obama’s Middle Class Task Force.

Labor Secretary Hilda Solis, [...]

Poll shows they’re worried about finances and the pressure on their parents
School’s out, surf’s up, summer beckons. Time for college students to see if they can stay afloat in the worst economy their generation has known.

Young people are carrying a load heavier than they normally bear as they scatter from campuses, judging from an AP-mtvU [...]

It’s an appealing fantasy: Start a blog. Watch it take off. Then, quit the office life, sit at home, and live off the advertising revenue.

But successful, moneymaking blogs elude most people who try to start them. The vast majority of blogs, written primarily for family and friends, attract fewer than 50 page views a day [...]

A disaster of historic proportions is still unfolding in the US labour market, where the pace and depth of job losses already make this the worst recession in half a century.

The economy has lost more than half a million jobs in each of the past six months. Even if output soon bottoms out, unemployment is [...]