Hartz IV reform did not reduce unemployment in Germany

The Hartz IV reform of the German labor market has been one of the most controversial reforms in the history of the reunited Federal Republic of Germany. It has been widely seen as the end of the welfare state leading into ...

Poverty stuck at 15 percent—record 46.5 million

The nation's poverty rate remained stuck at 15 percent last year despite America's slowly reviving economy, a discouraging lack of improvement for the record 46.5 million poor and an unwelcome benchmark for President Barack ...

Poor women and welfare reform: working without a net

Welfare and Unemployment Insurance, considered important parts of Americans' safety net during difficult financial times, have provided little to no help for many low-wage earners who have the shortest distance to fall. Poor ...

Chinese households save more than American households, study finds

With the global economy in a state of unrest, saving money seems to be an obvious strategy for households to protect themselves. But are global households saving enough? Researchers at the University of Missouri have compared ...

Hourly workforce carries burden during recession

The United States workforce, battered by an economic slowdown, now includes a record number of workers who are involuntarily working part-time due to reduced hours or the inability to find a full-time job.

New Yorkers divided on how to balance state budget

(PhysOrg.com) -- Cornell's Survey Research Institute asked New Yorkers: If the state does not have enough money to balance its budget and pay for existing programs, would you raise taxes, cut state programs or borrow money?

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