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Recession

The Worst Year To Graduate From College

The Worst Year To Graduate From College

Congratulations Class of 2013! And condolences. You are joining the elite brigade of recession-era graduates, with wages that researchers say will be depressed for years to come! For this luckless group, AOL Jobs thought it would offer a silver lining. At least you maybe weren't the worst of the worst. Check ...

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Nevada Brothels Hit Hard By Recession

Nevada Brothels Hit Hard By Recession

Luxury industries took a major hit during the recession, particularly the business of sin. Gambling revenues on the Las Vegas Strip plummeted 14 percent, and casino construction ground to a halt. And although the recession has technically ended, sex is still not selling so well. The legal brothel industry in ...

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Suicide Rate Jumps, Economy To Blame?

Suicide Rate Jumps, Economy To Blame?

NEW YORK -- The suicide rate among middle-aged Americans climbed a startling 28 percent in a decade, a period that included the recession and the mortgage crisis, the government reported Thursday. The trend was most pronounced among white men and women in that age group. Their suicide rate jumped 40 percent ...

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Despite High Unemployment, Number Of People Quitting Is Soaring

Despite High Unemployment, Number Of People Quitting Is Soaring

By Vivian Giang People are voluntarily quitting their jobs at the highest rate since the pre-recession era, according to the Job Openings and Labor Turnover Survey - known as JOLTS -- published by The Bureau of Labor Statistics. The report says that 2.16 million people quit their jobs in the latest data, ...

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European Unemployment Hits Record High

European Unemployment Hits Record High

By Charles Riley The recession in Europe grinds on. Official European Union figures published Tuesday showed unemployment in the eurozone hit a record high of 12.0% in February, and young people are paying a particularly heavy price. ...

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The 10 Countries With The Highest Unemployment Rates

The 10 Countries With The Highest Unemployment Rates

America's unemployment rate remains stubbornly high at 7.8 percent, according to the latest Bureau of Labor Statistics, released in December 2012. But that figure represents a vast improvement from the worst of the recession, when the tally stood at 10 percent in October 2009. ...

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7 Middle Class Jobs Vanishing In America

7 Middle Class Jobs Vanishing In America

The American economy has been gaining strength for several years, yet we've recovered less than half the jobs we lost. Many say this is because businesses don't want to spend the cash to hire. Others blame it on companies shipping jobs to cheaper hands overseas. But according to an analysis by The Associated ...

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Recession Shortens Lifespans Of Older Workers Who Lose Their Jobs

Recession Shortens Lifespans Of Older Workers Who Lose Their Jobs

Despite a slight drop in the unemployment rate among older workers last month, many are finding that it still takes a long time to find work after being laid off. The length of joblessness among workers 55 and older rose to 52.7 weeks in August, much higher than the 36.1 weeks for younger workers, the Labor ...

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Why It's Good News That Everyone In Your Office Is Job-Hunting

Why It's Good News That Everyone In Your Office Is Job-Hunting

Never heard of "job swooshing" before? It's a jobs creation phenomenon that occurs post-recession. Ask anyone who has been in the HR, recruiting and staffing industry for decades and they'll tell you: Job swooshing is the first sign of recovery in the job market. Here's why. ...

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