Introduction
Circuit City, the nation's second-largest electronics retailer, announced in January it was going out of business after an unsuccessful effort to reorganize under Chapter 11 of the Bankruptcy Code. It had 34,000 employees and more than 700 stores. (Getty Images/Mark Ralston)
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Some of the largest bankruptcies in U.S. history have occurred in the past seven months, led by Lehman Brothers investment bank and Washington Mutual savings and loan. The Obama administration is now threatening General Motors and Chrysler with a government-managed bankruptcy if they don't come up with an aggressive restructuring plan in short order. While the two automakers' woes have captured the headlines, thousands of other firms — many in retail and real estate — are quietly trying to avoid bankruptcy court. Last year the number of bankruptcies rose more than 50 percent over the previous year — to more than 43,000. Some experts say the government needs to step in and lend money to bankrupt companies while other critics say Congress made emerging from bankruptcy almost impossible for some companies when it amended the Bankruptcy Code in 2005.
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Mar. 06, 2020 |
Universal Basic Income |
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Mar. 18, 2016 |
The Gig Economy |
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Mar. 06, 2012 |
Youth Unemployment |
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Jul. 31, 2009 |
Straining the Safety Net |
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Apr. 10, 2009 |
Business Bankruptcy |
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Mar. 13, 2009 |
Vanishing Jobs |
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Apr. 25, 2003 |
Unemployment Benefits |
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Jan. 21, 1994 |
Worker Retraining |
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Sep. 09, 1988 |
Help Wanted: Why Jobs Are Hard to Fill |
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Mar. 18, 1983 |
The Youth Unemployment Puzzle |
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Dec. 24, 1982 |
Federal Jobs Programs |
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May 28, 1982 |
America's Employment Outlook |
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Jun. 27, 1980 |
Unemployment Compensation |
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Oct. 14, 1977 |
Youth Unemployment |
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Jul. 11, 1975 |
Underemployment in America |
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Dec. 16, 1970 |
Unemployment in Recessions |
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Mar. 05, 1965 |
Unemployment Benefits in Times of Prosperity |
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Apr. 03, 1964 |
Overtime Pay Rates and Unemployment |
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Feb. 01, 1961 |
Unemployment and New Jobs |
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Jan. 07, 1959 |
Lag in Employment |
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Apr. 16, 1958 |
Emergency Jobless Aid |
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May 16, 1956 |
Lay-Off Pay Plans |
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Nov. 12, 1953 |
Jobless Compensation in Boom and Recession |
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Feb. 25, 1949 |
Defenses Against Unemployment |
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Jul. 30, 1945 |
Full Employment |
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Nov. 25, 1940 |
Unemployment Compensation |
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Jul. 10, 1939 |
Problem of the Migrant Unemployed |
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May 19, 1936 |
Unemployment and Recovery |
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Sep. 02, 1931 |
Public Employment Exchanges |
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Aug. 19, 1929 |
The Stabilization of Employment |
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Feb. 21, 1928 |
The Employment Situation in the United States |
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Jan. 23, 1926 |
Unemployment Insurance in the United States |
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