Economy - Most Recent

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Do payroll tax cuts help the economy?

Dec 2, 2011
The Senate yesterday failed to agree on a deal that would extend payroll tax cuts, a key part of President Obama's stimulus
Posted In: politics, Washington D.C., Senate, payroll tax

Unemployment rate drops to 8.6% in November

Dec 2, 2011
The unemployment rate hits its lowest level in two and a half years, but not all the numbers are so rosy.
Posted In: Jobs, Unemployment

Chris Low: November numbers 'nothing I've seen before'

Dec 2, 2011
Job numbers out for November show that 275,000 people say they found jobs, but at the same time 315,000 people became so frustrated that they stopped looking for jobs.
Posted In: Jobs, Unemployment

PODCAST: The 8.6%

Dec 2, 2011
The big monthly jobs numbers come out today. Dan Gorenstein finishes his two part series on unemployment, speaking with employment officials about what citizens can do. As the European debt crisis continues, it could start affecting U.S. exports. The Green Bay Packers are publicly owned, but those shares are really more about sentiment than actual value. And new car share programs in Germany are aimed at younger drivers.
Posted In: Unemployment, Jobs

White House economist Alan Krueger on latest jobs report

Dec 2, 2011
America's unemployment rate for the month of November fell to 8.6 percent. We have reaction from a leading White House economist.
Posted In: Jobs, Unemployment, white house

Payroll tax cut extension still in limbo

Dec 2, 2011
Extending the payroll tax cut failed in the Senate over divisions on how to pay for it. If it isn't paid for, that diverts money from Social Security.
Posted In: payroll tax

November unemployment: Why the big drop?

Dec 2, 2011
The new jobs-added numbers were good, but they don't explain the big drop in the unemployment rate.
Posted In: Unemployment

Markets react well to help from world's central banks

Dec 1, 2011
The Dow had its best day in almost three years yesterday following the news that central banks around the world would help ease the credit crunch.
Posted In: European Central Bank, credit crunch, Mario Draghi

Central banks buy European governments more time

Dec 1, 2011
Central banks from a number of countries have decided to increase the ease of borrowing; many hope this will be enough to buy eurozone governments more time to solve the debt crisis.
Posted In: European Central Bank, Europe debt crisis

European leaders must still make drastic changes

Dec 1, 2011
The global stock market rally that sent the Dow up almost 500 points yesterday may be over, but France and Spain are offering some hope this morning that yesterday's coordinated action by central banks to ease credit is working.
Posted In: European Central Bank, Europe debt crisis

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