Data released late last week by the federal government show that initial claims for unemployment benefits were down in the week ending July 10, compared to the previous week. Like much of the unemployment news that’s been reported since the recession began, though, the details of this number are significant.
Here’s a look at some of [...]

The current recession has profoundly impacted Americans’ pocketbooks, but questions about the country’s financial woes persist: how harsh has the recession really been, and when will it end?
In response to these questions, the Pew Research Center recently released the results of a study showing the dramatic effects of the financial plunge, though it revealed little [...]

A recent article from msnbc.com examines the recession-driven phenomenon of older workers displacing the young in the workforce—a reversal of previous decades and a problem that can be a financial disaster to those without a safety net and educational loans to repay.
Regaining Lost Ground
It seems that older Americans who lost some of all of their [...]

With the employment rate still fairly high and the economy showing little evidence of recovery, Americans are still eager for ways to stay afloat financially. Here’s a look at two different options and how they might work for your lifestyle.
Renting a Room for Extra Income
Whether you’re trying to stave off foreclosure or just hoping to [...]

A recent poll conducted by the New York Times and CBS News sheds light on exactly how an unemployment rate topping 10 percent is affecting jobless Americans. The poll reportedly surveyed 708 unemployed adults during the first two weeks of December.
Findings
The survey looked at various aspects of job loss in the current economic climate, and [...]

Across the country, one symptom of the recession is the high rate of bankruptcy filings.
A recent report indicates that the national bankruptcy rate rose 33 percent in the third quarter of 2009, as compared to the same time period last year.
This spike in rates represents the highest rate of bankruptcy filings since 2005.
A CNN Money [...]

Reports from various government agencies released late this week indicate important improvement in various sectors of the economy, including retail sales and, surprising, employment.
Jobless Numbers
The Department of Labor reported on November 5th that initial jobless claims for the previous week fell to 512,000, a drop of 20,000 from the previous week. And, perhaps most promising, [...]