Many jobless Americans have turned to friends and family for help to get by. A recent NPR and Kaiser Family Foundation survey of the long-term unemployed and underemployed shows people’s trust in the government’s ability to help the economy is low, and there may be a correlation.
Junk. Not a nice word. And when it comes to bonds, not a particularly accurate word, either. Junk is something useless, right? Something you want to toss in the trash? Well, “junk” bonds are definitely not useless. In fact they’re extremely useful. Sometimes. Marketplace Money Senior Producer Paddy Hirsch explains what a junk bond really is.
The agency also said that the "4-week moving average" of claims — a way of gauging the trend over a slightly longer period of time — was "396,750, a decrease of 4,000 from the previous week's revised average of 400,750."
Being unemployed for more than two years changed the way Ray Meyer looks at politics. He has always leaned Republican and used to have little sympathy for those who were receiving unemployment benefits.