The nation’s employers are creating jobs at less than half the pace they were when this year began, according to a government report released Friday.
Author: WHES
4 years later, race is still an issue for some voters
STEUBENVILLE, Ohio — This is the land of die-hard Democrats — mill workers, coal miners and union members. They have voted party line for generations, forming a reliable constituency for just about any Democrat who decides to run for office.But when it comes to President Obama, a small part of this constituency balks.
America’s long-term unemployed: ‘For those looking for work, it’s very bleak’
Before the birth of her fourth child, Keron Bartholomew decided she needed to be near her family in Orlando, Florida. Her partner, Fernando Bogle, was still in college in New York, and was hoping to become a pharmacist. He planned to join them when he graduated. But within a year of her move in 2009, Keron had lost her job. Bogle left school to find a job, but couldn’t, and by the end of the year the family was homeless. “It’s been a rat race ever since,” said Bogle.
Fallout of Bin Laden raid: Aid groups in Pakistan are suspect
PESHAWAR, Pakistan — In the shadows of the American operation that killed Osama bin Laden, the fate of a small-town Pakistani doctor recruited by the C.I.A. to help track the Qaeda leader still looms between the two countries, a sore spot neither can leave untouched.
CEO pay and the top 1%–How executive compensation and financial-sector pay have fueled income inequality
Growing income inequality has a number of sources, but a distinct aspect of rising inequality in the United States is the wage gap between the very highest earners—those in the upper 1.0 percent or even upper 0.1 percent—and other earners, including other high-wage earners. Driving this ever-widening gap is the unequal growth in earnings enjoyed by those at the top. The average annual earnings of the top 1 percent of wage earners grew 156 percent from 1979 to 2007; for the top 0.1 percent they grew 362 percent (Mishel, Bivens, Gould, and Shierholz 2012). In contrast, earners in the 90th to 95th percentiles had wage growth of 34 percent, less than a tenth as much as those in the top 0.1 percent tier. Workers in the bottom 90 percent had the weakest wage growth, at 17 percent from 1979 to 2007.
Defense trumps poverty in Republican House
American soldiers learned the hard way not to walk down enemy trails in Vietnam — and certainly not twice. But here come the House Republicans, marching into the sunlight by shifting billions from poverty programs to the Pentagon, all within hours of adopting an entirely new round of tax cuts for those earning more than $1 million a year.
US lags in global measure of premature births
Fifteen million babies are born prematurely each year, and the United States fared badly in the first country-by-country global comparison of premature births, which was released Wednesday by the World Health Organization and other agencies.
Challengers for World Bank leadership ask for ‘a fair chance’
Ngozi Okonjo-Iweala, Nigeria’s finance minister, is Africa’s standard-bearer in the contest to become World Bank president. Jose Antonio Ocampo, a former Colombian finance minister, is being championed by South America.
Escape from Camp 14: One Man’s Remarkable Odyssey From North Korea to Freedom in the West
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The future of work: trends and challenges for low-income workers
Many workers are facing uniquely tough times. Though now below its recessionary peak of 10 percent in October 2009, unemployment remains high at 8.2 percent, and job growth is slow. With around 25 million people unemployed or underemployed, it is clear that the jobs crisis did not subside with the official end of the recession. Moreover, workers are still suffering from difficulties that materialized in the decades before the Great Recession, such as deteriorating job quality and stagnant wages. The economic expansion from 2001–2007, for instance, was among the weakest on record; typical family incomes grew by less than one half of one percent between 2000 and 2007 (Bivens 2011). These economic challenges are particularly acute for workers at the bottom of the wage scale.






