ECONOMY
Current Rates, News & Information
The unemployment rate for individuals between the ages of 18 and 24 hit its lowest level since the government started keeping records just after World War II, according to the Pew Research Center. Its report released on Thursday found only 54.3 percent of young adults were employed by the end of 2011.
Unemployment Rate Gap between Younger and Older Adults Widens 

Political scientists and analysts are abuzz over Rick Santorum’s uncanny ability to rally support as the Republican party’s front-running candidate while having the poorest economic status among his contenders, with a mere $2.2 million in campaign finance contributions. 
The number of Americans relying on government assistance skyrocketed over the past few years, says a new analysis of Census data released on Tuesday. In fact, the amount of assistance sent out by the federal government just in the fiscal year of 2010 was up 75 percent from 10 years prior.
Government Assistance Significantly Increases 
The unemployment rate slid for the fifth straight month due to a jump in January hiring, according to a Labor Department report released on Friday. The new rate of 8.3 percent shows continued growth in the job market along with greater promise that the U.S. economy could be moving toward improvement.
Unemployment Rate Falls to Lowest in Nearly 3 Years 
President Barack Obama‘s State of the Union address is set to be delivered for the third, and possibly final, time tonight. Many predict his speech will cover a myriad of topics, but primarily he is expected to discuss issues surrounding the economy while also mentioning his plans if he is to win the 2012 presidential election.
State of the Union Address and Economic Issues 

The 2012 GOP primary is in full swing. With the recession still underway, economic issues are at the forefront. Each of the 2012 presidential candidates have different plans for America’s economy. 

We often associate the word “depression” with unemployment. However, a new study indicates the two are linked, and not just when the former means economic downturn. A new study by Bloomberg Rankings shows a clear link between unemployment and depression–specifically, the use of drugs for treating depression. 
U.S. unemployment claims have dropped to the lowest level since April 2008, says a new report released by the Labor Department on Thursday. Experts say the new data is more proof that the job market and U.S. economy as a whole are showing continued signs of improvement.
Unemployment Claims Drop by 50,000 

Warren Buffett is continuing to prod the GOP into taking greater financial responsibility by promising a dollar-for-dollar match of any funds contributed by Republicans in Congress toward the national debt.


With 2012 here, many people are understandably growing weary of the U.S. financial crisis. When will the economy get better? How does the debt crisis in America inform the U.S. financial crisis? And perhaps more ominously–will the economy get better…ever? 


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