There is good and bad news when it comes to the latest government figures on poverty in America. The good news is that the poverty rate has more or less stabilized for the first time in three years, while the bad news is that the number of people living in poverty in the St. Louis area is well above the national average. Join host Don Marsh for a discussion about poverty and its ripple effects in the region.
A job fair was held at the The Walter E. Washington Convention Center in Washington, D.C., last month. The U.S. unemployment rate declined in August in part because the number of "discouraged workers" climbed.
Credit Chip Somodevilla / Getty Images
Geoff Dutton, an unemployed software developer, has given up on finding a job. He says the market has shifted, and he could not keep up. "I wasn't up on the new version of everything anymore," he says.
The U.S. population is growing. In normal times, the labor force — working or not — would be growing too. But these are not normal times, and the labor force is actually smaller than it was four years ago, meaning millions of people who should be there aren't.
The reasons people drop out of the workforce are myriad. People go back to school. Others have health issues or family priorities that keep them from looking for work. But some stop looking because they are discouraged.
Update, 8:52 a.m.: The number of non-farm jobs in the U.S. increased by 96,000 in August, according to the jobs report. Three years into the recovery, the U.S. jobs picture is still bleak. There are 4.7 million fewer jobs today than there were in January 2008, the month when employment peaked.
An American Airlines jet in its final approach into Ezeiza International Airport in Buenos Aires. The airline made its second announcement of the month today regarding the recall of furloughed TWA flight attendants. (via Flickr / lrargerich)
It's back to work for some 200 ex-TWA flight attendants. American Airlines will recall the workers in November, according to U.S. Senator Claire McCaskill.
They were laid off back in 2001 after the 9/11 attacks hit the airline industry hard. American had cut 2,500 flight attendants in all during the slowdown, many of them were former TWA employees. The airline had bought out TWA earlier in 2001.
Today we get new data for durable goods orders. Those are orders of big ticket items like computers. It's often looked at as a sign of how much businesses are spending. And it's a good indicator of what we can expect in coming months. Our own Adam Allington reports for Marketplace Morning Report via the link.
The middle class. An enigma of socioeconomic standing often used as a barometer of the United States as a whole. Perhaps you identify with the term 'middle class,' or perhaps you don't, but the newest data from Pew Social & Demographic Trends is something to see. Check it out, with reporting from NPR's The Two-Way, via the link.
The researchers at Pew Social & Demographic Trends aren't holding back in their new report on the middle class. It calls the last 11 years, "the lost decade" for the country's middle class. The highlight from the report issued today is that the middle class is poorer, earning less and shrinking.
So I was looking through an old Census report and I found a chapter entitled "Children in Gainful Occupations." Turns out, about 1 million children age 10 to 15 were working in America in 1920 (out of a total population of 12 million kids in that age range).