recession

Markets Guardedly Optimistic Over U.S. Jobs Data

Markets Guardedly Optimistic Over U.S. Jobs Data

By Pan Pylas LONDON (AP) -- Optimism over upcoming U.S. jobs figures helped stocks and the euro to rally on Friday despite further evidence that the 17-nation eurozone is heading for recession. Following a run of fairly strong U.S. economic data, investors are increasingly confident that the world's... Read More »

6 Ways The Job Search Has Changed Post-Recession

6 Ways The Job Search Has Changed Post-Recession

By Debra Auerbach The recession changed a lot of things. It changed the way people spend money, the way they save for retirement, the way they invest in stocks. It's also changed the way companies recruit employees. Gone are the days when companies courted prospective employees, hiring managers offered... Read More »

American Economy Not Healthy Yet, But It's Healing

American Economy Not Healthy Yet, But It's Healing

By Martin Crutsinger WASHINGTON (AP) -- The American economy may not be truly healthy yet, but it's healing. The 2.8 percent annual growth rate reported Friday for the fourth quarter was the fastest since spring 2010 and was the third straight quarter that growth has accelerated. Read More »

The 'Average Worker' Is Dead

The 'Average Worker' Is Dead

There's a new buzz-phrase making the rounds these days: The death of average. A kid who does decently well in school, and does what she's told, is no longer guaranteed a job. And the average worker who does everything his employer asks shouldn't expect to keep his until retirement. "The recession is a... Read More »

Hiring Rose In November, But Job Openings Dipped

Hiring Rose In November, But Job Openings Dipped

By Christopher S. Rugaber WASHINGTON (AP) -- U.S. employers stepped up their hiring in November but pulled back slightly on the number of jobs they advertised. The mostly favorable report shows companies are gaining more confidence in the economy and filling more of their open positions. It follows other... Read More »

Are Jobless Recoveries Really That Unusual? [Infographic]

Are Jobless Recoveries Really That Unusual? [Infographic]

By economists' determinations, the recent recession the nation endured beginning in December 2007 officially ended in mid-2009. But for many jobless Americans the pain still lingers. More than two years into the rebound, job creation remains tepid, leading some to refer to the current economic situation as a... Read More »

Unemployment Applications Dip But Remain Elevated

Unemployment Applications Dip But Remain Elevated

By Christopher S. Rubager WASHINGTON (AP) -- The number of people applying for unemployment benefits declined slightly last week, leaving applications above levels consistent with a healthy economy. Weekly applications dropped by 6,000 to a seasonally adjusted 403,000, the Labor Department said Thursday.... Read More »

Top 4 Ways To Beat A Recession

Top 4 Ways To Beat A Recession

During periods of recession and rumors of future economic downturns, American workers and families look for ways to survive financially. The following methods have been successful repeatedly in my life and career: Read More »

Layoffs Reach Highest Level In 2 Years

Layoffs Reach Highest Level In 2 Years

Layoffs surged in September to their highest level in two years, a new report shows, as employers cut nearly 116,000 workers last month. Reductions among the ranks of the military accounted for a large portion of September's job cuts, according the report, compiled by Challenger, Gray & Christmas, a... Read More »

The Mancession Has Been Hardest On Women

The Mancession Has Been Hardest On Women

The "Mancession" has been, in many ways, an appropriate moniker for the last few years. With construction and manufacturing -- two male dominated industries -- particularly battered in the recession, 6.1 million men found themselves unemployed, over double the number of women. But new findings from the... Read More »

Ahead Of The Bell: Construction Spending

Ahead Of The Bell: Construction Spending

WASHINGTON (AP) -- Spending on new building projects is expected to have fallen again in August. The consensus forecast is that construction spending fell 0.2 percent, according to a survey of economists by Fact Set. The new report will be released at 10 a.m. Eastern time on Monday. Read More »

Economy Gaining But Not Enough To Cut Unemployment

Economy Gaining But Not Enough To Cut Unemployment

By CHRISTOPHER S. RUGABER and MARTIN CRUTSINGER WASHINGTON (AP) -- The economy is showing signs of modest improvement - not enough to reduce high unemployment but enough to ease fears that another recession might be near. Fewer people applied for unemployment benefits last week, though some of that was due... Read More »

Recession Taking Toll On Young Adults

Recession Taking Toll On Young Adults

By HOPE YEN WASHINGTON (AP) -- Call it the recession's lost generation. In record-setting numbers, young adults struggling to find work are shunning long-distance moves to live with Mom and Dad, delaying marriage and buying fewer homes, often raising kids out of wedlock. They suffer from the highest... Read More »

10 Recession-Proof Jobs That Are Hot Right Now [Infographic]

10 Recession-Proof Jobs That Are Hot Right Now [Infographic]

Very few industries seem to be hiring in this economy, beyond the much-hyped tech sector. However, there are careers -- many of them that pay well -- that are expected to grow by leaps and bounds in the next few years. Not surprisingly, many of the 10 jobs highlighted in the graphic below involve health care... Read More »

Getting Back To Even On Jobs Divides U.S. Leaders

Getting Back To Even On Jobs Divides U.S. Leaders

By TOM RAUM WASHINGTON (AP) -- America's sickly economy can be healed with jobs, jobs and more jobs. On that, everyone agrees. Figuring out how to produce them is what is stumping everyone. Other than letting time take its course, Washington lacks a clear answer on how to create permanent new jobs on a... Read More »

Do Bad Jobs Reports Mean It's Time To Buy Gold?

Do Bad Jobs Reports Mean It's Time To Buy Gold?

Stalling. Flat. Stuck. Those were the words being thrown around after the release of the latest jobs report, with the month of August showing the national unemployment rate at 9.1 percent. The tally has stood above 9 percent since March. With the debt ceiling debate in the rearview mirror, only now is... Read More »

Focus on the Churn, Say Experts, Amid Poor Jobs Report

Focus on the Churn, Say Experts, Amid Poor Jobs Report

By Jeremy Greenfield, Special to AOL Jobs As if hurricanes and earthquakes weren't enough, employers stayed skittish amid a deluge of bad economic news in August, as the economy added no non-farm jobs and the unemployment rate remained at 9.1 percent, according to the Bureau of Labor Statistics. It was less... Read More »

How Men Are Changing What It Means To Be A Man In The Mancession

How Men Are Changing What It Means To Be A Man In The Mancession

What's a man to do? The Great Recession has been much harder on Adam than on Eve, so much so it's come to be identified with the term, "mancession." The unemployment rate has consistently clocked in at a higher rate for men. At the time this past November when it was 10.4 percent for men vs. 8 percent for... Read More »

Verizon Strike Boosts Unemployment Aid Requests

Verizon Strike Boosts Unemployment Aid Requests

By Christopher S. Rugaber WASHINGTON -- Thousands of Verizon workers on strike pushed the number of people seeking unemployment benefits last week to its highest level in a month. But excluding the work stoppage, layoffs likely fell. That should help ease fears that the economy is on the verge of a... Read More »

Unemployment In July Rose In 28 States, Fell In 9

Unemployment In July Rose In 28 States, Fell In 9

By CHRISTOPHER S. RUGABER WASHINGTON (AP) -- Unemployment rates rose in July in more than half the states for the second straight month, evidence that job growth remains weak nationwide. The Labor Department said Friday that unemployment increased in 28 states, fell in nine and remained unchanged in 13.... Read More »

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