Minimum wage hikes squeeze teens during holidays

By Micheal Saltsman,

Christmas has come early this year for young adults seeking a holiday job, with new data from the Bureau of Labor Statistics showing that retailers went on a 430,000-job hiring spree (on a seasonally-unadjusted basis) during the month of November.

In U.S., Depression Rates Higher for Long-Term Unemployed

By Steve Crabtree, Gallup

The longer that Americans are unemployed, the more likely they are to report signs of poor psychological well-being. About one in five Americans who have been unemployed for a year or more say they currently have or are being treated for depression — almost double the rate among those who have been unemployed for five weeks or less.