The official US unemployment rate hovers around 8.6 percent (8.5 % as of today), but a better measure of the real jobless rate is called the “U-6” which stands at 15.6 percent (15.2 percent as of today).

The latest evidence from the economics literature shows that steep economic drops might actually portend good news ahead.

President Barack Obama has been on a tour of college campuses touting proposals to lower student loan repayments for college graduates. He hopes to rekindle the enthusiasm of young voters, who in 2008 favored him over Sen. John McCain by more than two-to-one.

Ironically, these same young Americans...

While analysts discuss the loss of manufacturing jobs since the George W. Bush administration took office, the Labor Department Household Survey shows such claims to be exaggerated.

One of the enduring half-truths about the economy is that small firms create most new jobs.

Studies have attempted to identify the best contemporaneous economic indicator, and there is a clear champion: initial claims for unemployment insurance.