Word: joblessness
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...above-average 3.7% economic growth rate for the rest of the year. But that may not be enough to cut unemployment substantially, especially given the reluctance of companies to hire. In fact, workers are demonstrating far more faith in the recovery than employers. One reason for June's jobless jump is that more folks were job hunting (in the government's accounting, those who stop looking for work aren't unemployed), which meant there were more job seekers to be disappointed. "The job market will recover, but very slowly, because businesses lack confidence in the strength of the recovery...
Laurie Taymor-Berry, who registered as a candidate on Monday, says she plans to begin an active campaign to bring her priorities—addressing issues facing low-income residents, people of color and jobless young people—to the forefront of Cambridge public consciousness...
...move comes at a critical time.? Attacks on U.S. soldiers continue to mount, and frustration remains high at the widespread joblessness and disorder? that have plagued the first two months of post-Saddam Iraq. In recent weeks, hundreds of jobless members of the military have staged noisy protests outside U.S. headquarters in central Baghdad, threatening to take up the arms they never gave up if the U.S. doesn't meet their demands for new jobs...
...Jobless senior Pereira says that even though he has little desire to go to law school—“on a list of 10 options, it would be after number seven”—his parents insisted that he apply in order to ensure a backup plan...
...INDICATORS fits and starts More mixed signals from the U.S. economy. Analysts were pleasantly surprised by 1.9% first quarter GDP growth and corporate-profits that crept up 1%. But new jobless claims stayed high, at 424,000, and durable goods orders dropped 2.4% in April...