In a 2016 op-ed for theLos Angeles Times, Steven Greenhouse (labor and workplace reporter for the New York Times from 1995 to 2014) predicted that the rise of automated cars will erase 5 million American jobs. Few are expected to be hit harder than taxi drivers, who face unemployment no...
Over the course of five years, the bill was able to offer almost $4 billion from its unemployment compensation program to nearly 9 million veterans. [Pictured: President Franklin D. Roosevelt signs the G.I. Bill in the Oval Office on June 22, 1944.] 1945: War Brides Act Sunday Truth /...
"We look at the status of the economy in our country – we're the top economy in the world. We've made more progress than any other country after the pandemic. Unemployment is around and under 4 percent, and has been that way now for more than two years straight, and we survived th...
Lax lending practices, a lack of oversight and regulation, and widespread corporate malfeasance led to double-digit unemployment rates, a collapse in home prices, the evaporation of more than half the stock market's value, and the disappearance of nearly $15 trillion in household wealth. It was...
Lax lending practices, a lack of oversight and regulation, and widespread corporate malfeasance led to double-digit unemployment rates, a collapse in home prices, the evaporation of more than half the stock market's value, and the disappearance of nearly $15 trillion in household wealth. It was...
At the end of Richard Nixon's first year as president in December of 1969, unemployment had fallen to 3.5% (a low that has yet to be matched), and inflation was at 6.2%. Because of this, prices generally rose, even as overall spending remained about the same. This may have contributed...
Unemployment in 1976 had reached 7.7%, and President Jimmy Carter inherited a nation that was still in recovery from years of oil shortages, inflation, and general economic instability. Gas prices jumped up again this year, from $0.61 in 1976 to $0.66 in 1977, but the economy did prosper ...
With some of the added pandemic unemployment benefits expiring, more and more Illinois residents are looking to get back into the workforce. Seeing a big opportunity to enrich themselves at the expense of others has brought out the scammers. ...
- Unemployment rate: 3.7% - Families with income below poverty level: 2.1% Perched on the outskirts of Silicon Valley, the residential Monte Sereno in California is a bedroom community that houses some of the brightest minds in the world. The entire community is residential, with no commercial...
At the end of Richard Nixon's first year as president in December of 1969, unemployment had fallen to 3.5% (a low that has yet to be matched), and inflation was at 6.2%. Because of this, prices generally rose, even as overall spending remained about the same. This may have contributed...