Job Market
  • Strong Job Numbers Drop Unemployment Rate 7.0 Percent

    By Lucia Mutikani, Reuters

    U.S. employers hired more workers than expected in November and the jobless rate fell to a five-year low of 7.0 percent, which could fan speculation the Federal Reserve could start reducing its bond...

  • Robot restaurant

    Why Raising the Minimum Wage Is a Fantasy

    In a recent “60 Minutes” piece, Amazon founder Jeff Bezos proudly displayed his company’s next delivery vehicles: drones. It’s only a matter of time, according to Bezos, before Amazon’s faux-pelicans...

  • Downgraded Again — Now Part-Time Jobs Are ‘On Demand’

    By Herb Weisman, CNBC

    The Great Recession changed the American workplace. More and more jobs that used to be full time are now part time, with lower pay and limited or no benefits. The number of "involuntary" part-time...

  • Why ‘Easy’ Student Loans Are a Moral Hazard

    By Gary Jason, Minding the Campus

    Here, in a nutshell, is the human toll of the student-loan mess: It is forcing many recent grads to defer marriage and having children; it is hobbling many prospective entrepreneurs that our economy...

  • Surge in Private Sector Job Creation in November

    By Jeff Cox, CNBC

    Private sector job creation surged in November, with ADP reporting 215,000 new jobs in a number that could put some heat on the Federal Reserve to begin reducing its monthly stimulus. Economists...