When it comes to income and net wealth, the years since 1983 have been a "lost generation" for all but the richest 5 percent of the U.S., say Larry Mishel and Heidi Shierholz of the Economic Policy Institute.
Big business has set up a new roadblock for the jobless: employers only consider hiring those who are already working, reported the AFL-CIO. In other words, the unemployed need not apply.
New Haven's youth unemployment rate reflects the Bureau of Labor Statistics' recent assertion that the national youth unemployment rate reached an all-time high this summer.
Tavis Smiley and Cornel West brought the last stop of their "Poverty Tour: A Call to Conscience" to Memphis, Tennessee. The location was chosen in recognition of Martin Luther King, Jr.'s support for sanitation workers and as the site of the National Civil Rights Museum.
The New Bottom Line campaign turned up the heat on the big banks responsible for billions of dollars in mortgage fraud.
With African American unemployment at over 16 percent, the Congressional Black Caucus has launched a series of public hearings and jobs fairs across the country during the month of August.
There's bad news for the nation's 14 million unemployed: Two top experts at the Economic Policy Institute say the jobs slump will continue.
The Bureau of Labor Statistics reported an increase of only 18,000 net new American jobs in June 2011.
DETROIT - They believe that if a negligent slumlord did what he was supposed to, the worst urban blight could be used to generate good jobs.
The unemployment rate rose to 9.1 percent in May, up from April's 9 percent rate, signalling a pause in any economic recovery.