President Barack Obama faces manifold threats and challenges, foreign and domestic, as he begins his second term in office.
The jobs report for the month of October released on Friday reveals a bleak outlook and lack of opportunity for younger workers in the Obama economy.
The U.S. unemployment rate rose to 7.9 percent last month as the economy added 171,000 jobs, the Bureau of Labor Statistics reported Friday.
This week alone, the following troubling indicators were announced: Second quarter economy growth was revised down to 1.3 percent from 1.7 percent, durable goods orders fell more than 13 percent in August, and personal incomes rose just 0.1 percent last month—less than expected.
An unemployed North Carolina woman who could not afford to fix her car biked 26 miles to apply for a job.
As the media continue to examine Mitt Romney’s alleged “gaffes,” might we take a moment to take a look at the world as it actually exists, right now, independent of the presidential campaign?
The latest jobs report shows unemployment dropping from 8.3 to 8.1 percent. This drop in rate only comes, however, because more people dropped out of the workforce than jobs were created.
The Democratic governor of Maryland has seen his term marred by massive job losses, population flight, and crippling ethical scandals.
Vice President Joe Biden claims that the middle class is on its way back unless the GOP bumps Democrats from office.
Tens of thousands of employees of government contractors may receive dismissal notices just days before the presidential election, as a result of President Obama’s defense spending cuts, which will go into effect in early 2013.