Unemployment and the New Normal

Hoodwinked! Selling Job Despair as "The New Normal" Huffington Post (blog) In light of today's terrible job numbers, it's a bittersweet experience to re-read a recent report from Wells Fargo Bank which argues that high unemployment is "the new normal." While it's comforting to find Wells Fargo employees who aren't laundering ... See all stories on this topic »

@Issue: Unemployed males over 40 face a 'new normal' in returning to the ... Sun-Sentinel So, what is the new normal facing unemployed males over 40? Well, during this recession, employers found that they needed to reduce their organizational structures and flatten their hierarchies, and everybody began to wear two hats and three hats, ... See all stories on this topic »

Big-ticket spending arrives at new normal Tampa Bay Business Journal Malaka Hilton, right, is co-owner of Admiral Travel and AuthentEscapes in Sarasota. She specializes in travel to Egypt and was in Cairo recently. AuthentEscapes escorts small groups on vacations that sometimes include visits with celebrities, ... See all stories on this topic »

The Most Undervalued Energy Explorers Barron's One hundred dollar-per-barrel oil is looking like the new normal lately, but you wouldn't know it from the way the market has been valuing oil names. Our analysis implies that exploration and production companies (E&Ps) are trading as if West Texas ... See all stories on this topic »

Investor Shock: Can Nokia Maintain Its Massive Dividend? (NOK, RIMM) 24/7 Wall St. (blog) Nokia Corporation (NYSE: NOK) is hosed if 2011 becomes its own version of “Nokia's New Normal.” It has seen more downgrades than the US economic recovery has received in the last week. What is interesting is that Nokia ADRs have one massive dividend ... See all stories on this topic »

Should QRM Loans Be the New Normal? American Banker (subscription) By Joe Adler While regulators have said Congress meant for the QRM to be a narrow category of super-safe loans, the industry and consumer groups fundamentally do not see it that way... To continue reading, log in, register or subscribe below. See all stories on this topic »

Police budgets: The thinning blue line Toronto Star Wexler, at the behest of Blair, travelled to Ottawa last week to inform a Canadian Police College audience about the “new normal in American policing.” Wexler's message: “Nobody's immune anymore. The economic storm is hitting every segment of society, ... See all stories on this topic »

Gross Says More Buying by Fed Unlikely Even as Job Growth Slows: Tom Keene Bloomberg It's back to our old new normal,” he said. US employers in May added the fewest workers in eight months and unemployment unexpectedly rose to 9.1 percent, underscoring the concern of policy makers that the expansion is failing to boost the labor market ... See all stories on this topic »

What's your New Normal? (post comments below)