Stock Market Rallies On Positive Jobs Report
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Friday, February 01, 2013
The Two-Way
Dow Breaks 14,000 For First Time Since 2007
February 1, 2013 The closing number marks the first time the stock market measure has broken that barrier at the end of the trading day since October 2007.
Pentagon Remains Big Target In Likely Budget Cuts
February 1, 2013 Although a fiscal cliff was narrowly prevented at the beginning at the year, there's another budget deadline approaching. If Congress doesn't act, billions in automatic budget cuts will slice military spending, possibly hurting contractors and some personnel.
Business
Jobs Still Lag, But Homebuilding May Soon Help
February 1, 2013 The economy shrank slightly at the end of 2012, and the unemployment rate ticked up in January. But this spring's data could look much brighter if the housing market continues to heat up as expected. That's because the sector supports a variety of jobs, ranging from bricklayers to appliance manufacturers.
Planet Money
Losses Are Actually Gains, And Other Weird Facts From The Jobs Report
February 1, 2013 Nobody knows exactly how many jobs the economy added (or lost) last month. Here's how to make an educated guess.
The Two-Way
Though Jobless Rate Stays Stuck, Job Growth Looks Much Stronger
February 1, 2013 The jobless rate was 7.9 percent vs. 7.8 percent in December. But new data show job growth has been better than first thought and ended 2012 on a strong note. Overall, it's estimated that several hundred thousand more jobs were created in 2011 and 2012 than previously thought.
Planet Money
An International Battle Over One Of The Most Boring Things In Finance
February 1, 2013 The years-long, multi-billion-dollar battle just ended.
Thursday, January 31, 2013
Latin America
The Mexico-Canada Guest-Worker Program: A Model For The U.S.?
January 31, 2013 Mexico has sent guest workers to Canada for nearly four decades, filling agriculture jobs that Canadians don't want, with Mexicans who do. Some say the U.S. should consider this model as it looks at overhauling the immigration system.
Law
'Check Yes Or No': The Hurdles Of Job Hunting With A Criminal Past
January 31, 2013 WNYCOne in five Americans has a criminal record, according to some estimates. And while punishment is usually temporary, those records can last forever. With an already stiff job climate, finding employment can be even tougher for those millions with unlawful pasts.
The Two-Way
Citing Progress, White House Disbands Jobs Council
January 31, 2013 Some Republicans have already seized the moment, saying this decision was part of the "failed Obama record." The Obama administration said it was already moving forward with some of the council's recommendations.
The Two-Way
Growth In Incomes, Spending Slowed In 2012; Jobless Claims Jumped Last Week
January 31, 2013 The year ended on a strong note, with personal incomes up 2.6 percent in December alone. But over all of 2012, growth in both incomes and spending was less than the increases in 2011. The week's big economic news comes Friday when we'll hear how many jobs were created in January.
