Tag: unemployment

Americans, don’t be fooled: Unemployment rate decline does not tell full story

In the last few months, many well-known American companies — including Caterpillar, Wal-Mart, General Electric, and Hewlett-Packard — have announced large jobs cuts. At the same time, Bloomberg News has reported that the number of full time jobs in the United States surpassed pre-recession levels. Amid conflicting headlines and an incredibly volatile world economy, just… Read More