If all politics is local, then all economics may be, too. A look at the list of the cities where unemployment has fallen the most since the start of President Barack Obama’s term reveals something important about the one state...
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Photograph by Ty Wright/Bloomberg
Employees tape solar cells together at the Xunlight Corp. factory in Toledo, Ohio.
Ohio, Michigan: Half the Cities in Top-25 Declining Unemployment
Photograph by Mike Fuentes/Bloomberg
A help wanted sign at the restaurant in Miami Beach, Florida.
Job Growth Picking Up? Maybe Not
Written by Alex Kowalski The labor market may be perking up, a report from ADP Employer Services suggested today. Then again, maybe it’s not. Private employers added 162,000 workers in September, according to the Roseland, New Jersey-based firm. That’s more...
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Photograph by Chris Ratcliffe/Bloomberg
The Boeing Co. stand during the Farnborough International Air Show.
Boeing’s `Zero GDP’ Air-Show Sales
The Farnborough air show, taking place this week outside London, was supposed to be the year’s biggest bash for buyers and sellers of airplanes. Instead it’s been a disappointment, with orders falling short of expectations and “almost no one coming...
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Photograph by Andrew Harrer/Bloomberg
The U.S. Department of the Treasury.
Banks Hoarding Treasuries Signals Economy Still Iffy
If you need another negative indicator today, the market has one. Banks are hoarding their Treasuries, selling fewer and fewer to the Fed because executives say the economic picture in the U.S. is still murky and financial troubles around the...
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Photograph by Scott Olson/Getty Images
A Home Depot in Kitty Hawk, North Carolina.
Lowe’s, Home Depot: Leading Indicators of Weakened Confidence
Consumer confidence may be even softer than we think. Analysts at Cleveland Research said today that Lowe’s and Home Depot stores are probably “a bit behind expectations to this point” in the second quarter. They’re seeing softer order rates and...
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Photograph by Kent Nishimura/AFP/Getty Images
Asleep at the Honolulu International Airport.
Sleeping Away the Dark Economy. Literally.
Americans are weathering the slow economy by catching up on their sleep. The 2011 American Time Use Survey found that Americans spent more time sleeping last year then in any since 2003, when the survey began. The survey is based...
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Economic Policy Uncertainty Index
Data Mine: Economic-Policy Doubts Cast Pall Over Stocks
David Wilson’s Chart of the Day shows growing doubts about the direction of U.S. economic policy. A policy-uncertainty index cited by RBC Capital Markets chief institutional strategist Myles Zyblock rose in May after dropping for five months in a row....
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Photograph by Jae C. Hong/AP Photo
A job fair expo in Anaheim, California.
Bernanke Confronts Fizzling Recovery
With Aki Ito The key question hanging over the next Federal Reserve meeting June 19-20 is whether economic growth is fast enough to cut the jobless rate. That’s looking less and less likely after unemployment ticked up again. Chairman Ben...
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Photograph by Peter Parks/AFP/Getty Images
An army pilot checks the tail rotor of his Blackhawk helicopter at Kandahar airfield.
Beating the Skills Mismatch to Fight Unemployment
GE, United Technologies and the captains of industry are finding ways to tap college labor talent earlier than they ever have before. They’re shaping the curricula and tasking students with building rocket launchers and tools to disassemble gas turbines. While...
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Photograph by Victor J. Blue/Bloomberg
A job seeker fills out paperwork at the "Putting America Back To Work!" job fair in New York.
Quit Rates and the Costs of Employing You
The presidential campaigns attack each other, every day, over who is better equipped to fix the economy and bring down the unemployment rate. One look at the latest jobs number, you could get pretty discouraged — only 69,000 new jobs were...
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Contributors
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Al Hunt
is a columnist for Bloomberg View and host of the weekly show "Political Capital with Al Hunt" on Bloomberg TV. -
Mark Silva
is deputy managing editor for government news in Washington and editor of Political Capital. He has covered the White House and national politics. -
Emma Fidel
is political editor for Bloomberg.com in Washington. She previously covered financial regulation as a Bloomberg intern. -
Don Frederick
edits political and government coverage for Bloomberg News. He previously worked for more than a decade at the Los Angeles Times' Washington bureau. -
Gregory Giroux
analyzes elections, financing of congressional and presidential elections, political advertising and demographics in Bloomberg's Washington Bureau. -
Julie Bykowicz
covers the influence of money and lobbying in Washington, and covered the state legislature and city crime for the Baltimore Sun for 10 years. -
Jonathan Salant
covers campaign finance and lobbying in Washington. He was president of the National Press Club and started in Washington in 1987. -
Richard Rubin
covers federal tax policy. He worked at Congressional Quarterly and The Charlotte Observer before joining Bloomberg News in 2010. -
Julie Hirschfeld Davis
is a senior political reporter for the Washington Bureau. She covered the 2012 campaign for Bloomberg News and previously covered the White House for the Baltimore Sun. -
Lisa Lerer
covers the White House and covered the 2012 campaign for Bloomberg News. She covered Congress, lobbying and the 2008 campaign for Politico. -
John McCormick
is a national political reporter looking forward to the 2016 presidential campaign, which will be the fifth he's covered. He's also reported for The Des Moines Register and Chicago Tribune. -
Julianna Goldman
covers the White House for Bloomberg News and Bloomberg Television. -
Hans Nichols
covers the White House for Bloomberg News and Bloomberg Television. -
Margaret Talev
covers the White House for Bloomberg News and covered the White House for McClatchy Newspapers. She has covered California and Florida politics. -
Cary O'Reilly
is Editor at Large at Bloomberg First Word and is Washington Daybook columnist for Bloomberg Government and Bloomberg News.
