We wondered if some of the numbers in recent jobs reports might reflect a finding in a Department of Education study that came out in January about a group of high school students they began to study 12 years ago. That group of students is now pushing 30, and 23 percent are living with their parents. A Pew national study puts the percentage of that generation called millenials who live with their parents even higher.
The U.S. added just 113,000 jobs in January, instead of the 180,000 analysts had predicted. Despite the anemic gains, the unemployment rate inched down to 6.6 percent, the lowest level since October 2008.
An American diplomat got in trouble for saying something, well, undiplomatic.
Victoria Nuland, a top State Department official, thought she was having a private phone conversation. She was speaking about developments in Ukraine with the U.S. ambassador to that country, Geoffrey Pyatt. And she was speaking bluntly, even using a not-so-choice word about America's European allies.
Originally published on Sat February 8, 2014 12:51 pm
Bitter partisan brinkmanship has been the hallmark of debates over raising the debt ceiling in recent years, but there are signs that it could be less contentious this time around. Still, Congress needs to act fast to avoid a default. Here are three things you should know as things move forward:
-- Without a deal, the Treasury will officially run out of money on Feb. 27: