Distressing. That’s our verdict after studying this morning’s unemployment data for June. Paul Solman’s U7 measure of unemployment rose to 16.91 percent, up 0.18 percent from May.
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Distressing. That’s our verdict after studying this morning’s unemployment data for June. Paul Solman’s U7 measure of unemployment rose to 16.91 percent, up 0.18 percent from May.

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The minimum wage is now about more than 40 percent below the federal poverty line.
via Paul Solman and Oregon State’s “Minimum Wage History”.
More.
(PHOTO: A waitress carries a pizza to customers at Gino’s East restaurant in Chicago. Wait staff in Illinois earn $2.13 an hour, before tips. Photo by Daniel Acker/Bloomberg via Getty Images.)

The minimum wage is now about more than 40 percent below the federal poverty line.

via Paul Solman and Oregon State’s “Minimum Wage History”.

More.

(PHOTO: A waitress carries a pizza to customers at Gino’s East restaurant in Chicago. Wait staff in Illinois earn $2.13 an hour, before tips. Photo by Daniel Acker/Bloomberg via Getty Images.)

The Mega Millions Lottery: to Play or Not to Play?

PHOTO: Tammy Redlen and Sierra Luchien walk into Bluebird liquor store in Hawthorne, Calif., after waiting in line for nearly three hours to purchase their Mega Millions ticket. Photo by Kevork Djansezian/Getty Images.

The Mega Millions Lottery: to Play or Not to Play?


PHOTO: Tammy Redlen and Sierra Luchien walk into Bluebird liquor store in Hawthorne, Calif., after waiting in line for nearly three hours to purchase their Mega Millions ticket. Photo by Kevork Djansezian/Getty Images.


“Study after study, it turns out, finds conservatives happier than liberals.”
A report from Paul Solman on why that may be.

“Study after study, it turns out, finds conservatives happier than liberals.”

A report from Paul Solman on why that may be.

Unemployment in November 2011 by the numbers

Unemployment in November 2011 by the numbers

Interesting fact from @PaulSolman this morning.
If you didn’t know, this whole situation in Europe is a pretty big deal.

Interesting fact from @PaulSolman this morning.

If you didn’t know, this whole situation in Europe is a pretty big deal.

New jobs numbers are out, and although the economy added over 100,000 jobs, that’s not the full story. 
Paul Solman’s U-7 number actually went up. Because —bad news— the total number of workers toiling part-time, but looking for FULL-time work, jumped by 400,000, about 5 percent.
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New jobs numbers are out, and although the economy added over 100,000 jobs, that’s not the full story. 

Paul Solman’s U-7 number actually went up. Because —bad news— the total number of workers toiling part-time, but looking for FULL-time work, jumped by 400,000, about 5 percent.

MORE


In downtown Manhattan this week, as in Herman Cain’s speech to the Conservatives for Political Action convention back in February and elsewhere in the Republican litany, you hear the same shared article of faith: the American Dream is gone. The desperate aim of both camps is to restore it.

Paul Solman reports from a day with the occupiers of Wall Street.
(More on NewsHour tonight- live from 6-7 p.m. ET online at: http://bit.ly/newshourlive)

(Photo: Jackie Weir/NewsHour) 

In downtown Manhattan this week, as in Herman Cain’s speech to the Conservatives for Political Action convention back in February and elsewhere in the Republican litany, you hear the same shared article of faith: the American Dream is gone. The desperate aim of both camps is to restore it.

Paul Solman reports from a day with the occupiers of Wall Street.

(More on NewsHour tonight- live from 6-7 p.m. ET online at: http://bit.ly/newshourlive)

(Photo: Jackie Weir/NewsHour)