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Should millennials be known as “Generation Wait”? According to new figures from the U.S. Census Bureau, the term captures the frustrations facing young adults today. Still feeling the lingering effects of the recession, millennials are more likely than ever before to be living with their parents and not in school, at work or participating in the labor market.
Among the problems that we as a nation have been grappling with since the end of the Great Recession, which ended in 2009, is the persistence of unemployment or, more specifically, long-term unemployment. It has been commonplace to assume that long-term unemployment is because of structural change, which has resulted in a skills mismatch. There is no question that structural changes in the economy mean that jobs that were eliminated—because of shocks from the financial crisis, which led to downturns in the business cycle—are not coming back. But this may assume too much. On the contrary, the principal issue is the depth of the recession, which has led to a severe decrease in aggregate demand for goods and services.
Communities reeling after a deadly storm system brought widespread destruction throughout the Midwest began to take stock of the damage early Monday. At least six people died as a result of the severe weather system that wreaked havoc as it tore across Illinois, Indiana, Kentucky Missouri and Ohio.
Communities reeling in the wake of Sunday’s deadly storms that brought widespread destruction across the Midwest began to take stock of the damage caused by dozens of tornadoes sweeping through the region.
A day after dozens of tornadoes left a deadly trail of destruction across the Midwest, killing at least six people and injuring some 54 in Illinois alone, forecasters predicted the storm system would cause further disruption as it headed to the Northeast.
The mob did it. Or the CIA. Or Fidel Castro. Or Lyndon Johnson. Or the Soviets.Half a century has passed since the assassination of President John F.
A powerful storm system rampaged through the Midwest on Sunday, spawning dozens of tornadoes that killed at least six people, injured many others and left devastating damage in parts of Illinois.Brookport, Ill., in Massac County near the Kentucky line, was particularly hard hit.
A powerful storm system rampaged through the Midwest on Sunday, spawning scores of tornadoes that killed at least five people, injured dozens of others and left devastating damage in parts of Illinois.Brookport, Ill., in Massac County near the Kentucky line, was particularly hard hit.
A powerful storm system rampaged through the Midwest on Sunday, spawning scores of tornadoes that killed at least four people, injured dozens of others and left devastating damage in parts of central Illinois.Washington, Ill.
Two miners were killed and 20 others were injured in an accident at a Colorado mine early Sunday, authorities said.All of the injured were taken to area hospitals — some by ground transportation, others by air, Colorado Office of Emergency Management spokesman Micki Trost told NBC News.
