The Bleak U.S. Jobs Picture


Rising unemployment now follows a decade of anemic private-sector job growth. Learn what we can do about it in this video edition of The Business Week

U.S. job losses in June rose to 467,000 as the national unemployment rate rose to 9.5%. This follows a decade where job creation in the private sector hovered in the 1% range. In our feature segment, Chief Economist Michael Mandel explains why job growth has stalled, its importance, and what can be done to reverse this trend. Plus, the latest on the troubled housing market and Wal-Mart's (WMT) unusual alliance with a labor union.

To go straight to our feature report with Michael Mandel, click here.

To see our report on the economic news of note coming out next week, click here.


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