Economic Snapshots

State and local budget shortfalls will cause heavy drag on growth

Without additional aid states face more layoffs. READ MORE

Jobs creation effort needs to focus on good jobs

Male workers face shortage of good jobs with health and retirement benefits. READ MORE

Minorities, less-educated workers see staggering rates of underemployment

One in six workers cannot find the amount of work they want. READ MORE

Money to spare for health care

The House's proposed surtax on the nation's top earners would provide valuable revenue to help fund a new health care program. READ MORE

Highest earners get biggest tax breaks for saving for retirement

Lowest wage earners see little or no tax breaks for retirement saving. READ MORE

Public health insurance offsets large losses in private coverage

Public health insurance provided a safety net source of insurance coverage for 23 million children in 2008. READ MORE

Most black children grow up in neighborhoods with significant poverty

Huge gap persists among the portion of black versus white children living in poor neighborhoods. READ MORE

Lost investment during a recession can prolong pain

Lower investment spending during a recession can lead to slower economic growth long after a recession is over. READ MORE

Trade agreement favors pharmaceutical companies over sick

Free trade becomes awfully expensive for those needing generic drugs in Central America. READ MORE

Americans agree on how to fix Social Security

Survey finds most Americans are willing to pay higher taxes to strengthen Social Security. READ MORE

Big banks getting bigger

As of this summer, the four largest bank holding companies accounted for nearly half of all bank assets held in the United States. READ MORE

This Labor Day, wage erosion continues to hurt employed workers

This Labor Day, American workers will have little to celebrate as they struggle with the recent collapse of hourly wage growth. READ MORE

Economic downturn largest contributor to deficit woes

Recovery Act spending amounts to a small slice of the budget deficit pie. READ MORE

No coercion in card check

A recent report failed to turn up a single meritorious case of coercion or fraud in more than 1,000 card check campaigns demonstrating majority support for a union. READ MORE

Unions guarantee more vacation

On average, only U.S. union workers will receive annual paid vacation time comparable to the minimums mandated by our European peers. READ MORE

Clunkers program drives economic, environmental gains

"Cash for Clunkers" moves money from gas tank back into consumers' pockets. READ MORE

Costly COBRA: For the jobless, health care costs may exceed unemployment benefits

Workers must pay dearly to keep health insurance after losing a job. READ MORE

Minimum wage workers: better educated, worse compensated

Over the past 30 years, the compensation for minimum wage workers has fallen dramatically out of step with their education level. READ MORE

The Federal Reserve’s exploding balance sheet

To help thaw last year's global credit freeze, the Federal Reserve pumped money into the economy through bond purchases and emergency loans to financial institutions. This week's Economic Snapshot illustrates the changes in both quantity and risk levels of assets now held by the Fed.   READ MORE

African Americans see weekly wage decline

While other groups have seen a modest rise in weekly wages over the last 2 years, African Americans are the only group to experience a decline. READ MORE

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