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Economy - Page 6

Unemployed
Hemera, Thinkstock
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Two Million Americans Could Lose Unemployment Benefits — Dollars and Sense

Federal unemployment benefits are set to run out this holiday season for over 2 million Americans out there still looking for work. Their only chance for survival is if Congress decides to extend the deadline for them to file for an extension for those benefits. However, with amendments to the program made already earlier this year, the outcome appears very bleak.

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Inmates
Joe Raedle, Getty Images
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Are Federal Prisoners Taking Jobs From Law-Abiding Citizens?

There are currently thousands of inmates employed, at extremely low wages, in federal prisons all across the country manufacturing a myriad of products to be sold strictly to government agencies. Yet, while some argue that paying convicted felons to work in these factories is a good way of teaching them skills that can be used in civil society, others say that it takes jobs away from upstanding citizens at a time of economic difficulty.

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Category: Economy, National News
Holiday shoppers ready to spend
Sandy Huffaker, Getty Images
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Good News for the Economy: Consumers Ready to Spend This Holiday Season — Dollars and Sense

Holiday spending is expected to increase this year, as a new report indicates that more Americans are finally seeing a little reprieve from the last four years of economic anxiety.

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Businessman and declining share
iStockphoto
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A Quick Look Back at the American Economy on Election Day 2008 — Dollars and Sense

Four years ago, during the last presidential campaign, the American economy was collapsing faster than it had since the Great Depression. Now, with the 2012 election upon us, most analysts agree that the economy is in a period of slow recovery—a bit too slow, according to just about everyone.

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high wage jobs
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New Report Shows Wage Recovery Across the Board — Dollars and Sense

In a possible sign of further economic recovery, the Bureau of Labor Statistics reports that wages are making a steady recovery across the board, with a great number of companies now offering higher paying jobs.

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Making a list
Russ23, Flickr
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Tips on How to Avoid Going Broke This Holiday Season — Dollars and Sense

The season of giving could lead to a year of financial distress, as a recent survey indicates that holiday generosity is making more Americans bro-ho-ho-ho-ke by the beginning of the new year.

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Money
401(K) 2012, Flickr
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Higher Taxes and Higher Prices Are Coming in 2013 — Dollars and Sense

Regardless of the American economy’s checkered enthusiasm, it appears as if consumers are currently aboard the fast track to higher taxes and rising prices on things like health care and grocery items scheduled to come around at the turn of the new year.

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President Obama Signs The Middle-Class Tax Cut Bill
Pool, Getty Images
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Your Taxes Will Almost Certainly Go Up in January, and Congress Won’t Stop It — Dollars and Sense

Regardless of who wins the presidential election, starting January 2013 some 163 million workers across the United States will be slapped with a significant tax increase.

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