Foreclosure filings on Walworth County homes could jump nearly 11 percent this year, a bad indicator for the middle class, the group that’s struggling to keep up with mortgage payments. The trend appears to contradict talk this summer that the housing market was turning around and the recession subsiding. See, Foreclosure forecast is dim —…

The recovery that isn’t — Fourteen months after the 1981-1982 recession ended, the unemployment rate had dropped to 8 percent, the Consumer Confidence Index had soared to more than 103, and the economy was cooking along at an average 7.7 percent quarterly growth. This time around, unemployment is stuck at 9.6 percent, consumer confidence is…

Since 2009, a layoff victim has been more likely to give up looking for work and drop out of the labor force than to find a job, according to a new report from the Roosevelt Institute, meaning employment prospects for the jobless are the worst they have been since the government started keeping track of…

Paying people not to work, barring them from taking wages they would be willing to accept, and penalizing companies that hire them? It’s an ingenious formula for destroying jobs, and it seems to be working. See, Not Enough Labor Day – Reason Magazine.

For many thousands across Wisconsin, this is a particularly hard Labor Day holiday: While the state unemployment rate has eased somewhat, falling to 7.8 percent in July, the “underemployment” rate — which includes those who’ve given up looking for work or are working part-time because they can’t find a full-time job — now accounts for…

The unemployment rate rose to 9.6% in August. Although private payrolls increased, they did so by an amount too meager to prevent an increase in unemployment. There’s no better time to reduce government’s twin burdens of taxation and regulation. See, Unemployment Rate Rises in August.