Jobs and No Jobs in June of 2026, and Beyond
The Unemployment Report from the National Jobs for All Network for June 2026
Nine banks have failed so far in 2009, including three that went down on Friday. Twenty-five went under in 2008, equal to the entire number that failed in the previous seven years. The FDIC currently predicts that bank failures through the next four years may cost the deposit insurance fund more than $40 billion. The FDIC has classified 171 banks as "problem."
From Bloomberg:
Read next
The AI Safety War in My Back Yard
In the contest between Micah Lasher and “AI guy” Alex Bores, is Bores a wolf in sheep’s clothing?
Assessing Bidenomics
Is the Biden administration’s economic policy a break with neoliberal orthodoxy, or more of the same?
One Year After the New York Nurses’ Strike, What Comes Next?
Chronic short staffing is a common complaint of nurses working in U.S. hospitals—one that reflects a dangerous problem,