In May, only one-quarter of 2010 college graduates who applied for a job actually received one, compared with more than half in 2007. About as many college graduates of all ages also are plagued by underemployment, working jobs below their skill level—including Butler grad Tom Otero.
The overall demand for durable goods fell 1.3 percent in August, the Commerce Department said Friday. But that was pulled down by a significant drop in orders for aircraft.
Marion's Wayne Seybold and Greenfield's Brad DeReamer say too many people would rather collect unemployment than look for work.
The Indianapolis-based maker of computerized metal-cutting tools piled up record profits in fiscal years 2005 through 2008, but now is trying to leave behind a second year of losses.
Cultivian Ventures began investing in a no-man's land just as the financial crisis ramped up, and now it's already considering a second fund.
Even with latest decline, new filings for jobless benefits are still much higher than they would be if the economy is healthy.
Overall, the economy lost 54,000 jobs as 114,000 temporary census positions came to an end. State and local governments shed 10,000 positions. The jobless rate rose to 9.6 percent from 9.5 percent in July.
One perspective shows top-selling teams working just as hard to sell 27 percent less.
Lately, don’t you feel like yelling out the window on occasion, even
just a little? You have to really look to find the good news today.
However, about 10.1 million people were receiving unemployment checks in the week ended Aug. 7, the latest data available.
That’s up about 260,000 from the previous week.
Without the volatile transportation sector, orders dropped 3.8 percent—the steepest decline since January. Businesses
spent less on equipment and machines. Orders for capital goods fell 8 percent.
Pending sales are shooting up this month, and list prices are edging up over the long haul, a broker notes.
Manufacturers continue to wring more from less. But have the gains been worth the human cost?
Indiana’s unemployment rate increased by a sliver, to 10.2 percent, in July despite increases in jobs in many industries.
China and India are quickly moving toward reestablishing their historical roles as two of the world’s biggest economies.
Where will the U.S. fit in?
Three institutions flagged by U.S. Department of Education financial responsibility test.
While the economy continues to recover, the pace is agonizingly slow. The reasons for this are becoming clear.
Inconsistencies make comparisons a heavy lift.
Boston University’s Kotlikoff warns the U.S. is actually in worse shape than Greece.
Initial claims for unemployment benefits have now risen in three of the last four weeks and are close to their high point
for the year of 490,000, reached in late January.
