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New Unemployment Claims Climb Once Again
There were a seasonally adjusted 410,000 new unemployment claims made in the week ending February 12, up 25,000 from the week prior, according to the latest statistics from the U.S. Department of...
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Obama Says Economic Health Depends on Small Business
Obama recently told a group of entrepreneurs at Cleveland State University in Ohio he believes one of the most important ways Americans can continue to stay ahead of global competition is through...
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After Unemployment Runs Out: Four Stories from the Trenches
Photo by f-oxymoron — Slide 1 of 7 It’s been a tough couple of years for job seekers. Despite some recent improvement in the hiring outlook, the unemployment rate is still hovering near 9 percent and...
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Reports: (Almost) Nothing But Good Economic News
Here’s something we haven’t seen in a while: Good news about the economy. Reports out this week find that private companies are hiring again, planned layoffs are down, CEOs are becoming more willing to...
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Even in Recession, Big Banks Give Big Raises
The Great Recession hammered finances for millions of Americans. But not the lucky few who work for the nation’s four largest banks. Even in the midst of the recession, these employees continued to...
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The Best Cities for Young Professionals
Photo by: Imaji — Slide 1 of 12 Sorry to say this, but young people could be facing a rough road ahead. The unemployment rate for recent grads could easily double the rate that the country faces...
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Report: States Let Banks Charge Unemployed Workers “Junk” Fees
Paying unemployment benefits with prepaid debit cards instead of paper checks may seem like an obvious win-win. States get to save money on printing checks. And people who are out of work get to avoid...
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One Word For This Economy: Meh.
The latest economic reports are in, and they can be summarized in one little word: Meh. The American economy is no longer driving off a cliff. Neither is it “recovering,” exactly. It’s just sort of...
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Can Medical Debts Prevent You From Getting a Job?
It’s perhaps one of the cruelest situations in which to find oneself: recovering from an illness or injury, or coping with a disability that involves expensive medical treatments; trying to get back to...
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Memo to Obama: Push for Jobs, Don’t Shove Employers
The American Jobs Act provides yet another example of President Obama potentially snatching defeat from the jaws of victory. It proposes a punitive response to a problem that now plagues the...
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Group Calls on TransUnion to Stop Selling Credit Reports to Employers
Should employers be allowed to use credit reports to screen job applicants? It’s a hot topic that’s gotten a lot of attention here on Credit.com, as well as in state legislatures across the country....
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Simmons and Sachs, Two Very Different Financial Experts, Address Wall Street...
Image: Brett Weinstein, via Wikimedia Commons The Occupy Wall Street protests in lower Manhattan attracted two very different types of financial experts over the weekend. One was Russell Simmons, the...
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Talk Credit Radio: Need a Job? Get Picky!
This week on Talk Credit Radio: Friday October 21, 2011 Tune into Talk Credit Radio this week with Credit.com’s personal finance expert Gerri Detweiler, live from 4-5 ET/1-2 PT on WSRQ. Need a Job? Get...
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Misery Index Reaches 18-Year High
Take the unemployment rate, add the inflation rate, and here’s what you get: The misery index. It’s an imperfect barometer, but it does give a flavor of what consumers are experiencing. And misery is...
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When Is a Credit Card Like a Career?
We do a fair bit of writing here about the impact of interest rates when it comes to paying off credit card debt. It should come as no surprise to any regular visitor to this site that paying minimum...
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Double Whammy: High Debt, Few Jobs for Class of 2012
Memo to the class of 2012: Your life may be about to get very hard. Graduates will leave campus to discover the worst job market in more than a decade, according to a recent report by the Associated...
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Fewer Employers Are Using Credit Checks for Hiring
With the unemployment rate still hovering around 8.2%, there are a lot of job-seekers out there. And not all of those job hunters have a perfect financial record. That used to be a cause for concern,...
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Bad Credit? A Boss’ Advice for Getting the Job
It’s been a rough several years, and while the employment outlook is slowly turning hopeful, those who’ve been through hell and back because of unemployment and underemployment, not to mention the...
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Can You Collect Unemployment If You Quit Your Job?
Your job has gotten worse and worse. You dread going to work every day but you’re afraid to quit. After all, you can’t collect unemployment if you quit your job. Or can you? Spencer Cohn, a national...
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5 Fun Jobs If You Are 50+
Millions of Americans are finding the leisurely retirement of their dreams is just that: a dream. Some have to work because their retirement savings and/or Social Security income won’t go far enough....
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