Unemployment Falls, but Long-Term Joblessness Remains a Concern

For all the relief over the jobless figures released by the Bureau of Labor Statistics Friday morning — 247,000 jobs were lost in July, far fewer than economists had expected — a dark problem lurks in the numbers: dangerously high levels of long-term unemployment in America.

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Israel coalition deal reached, says Labor official

Israeli Prime Minister-designate Benjamin Netanyahu and Labor Party leader Ehud Barak have reached an understanding for a coalition deal between the parties, a Labor official told Israeli Army Radio on Tuesday. “This is a dramatic agreement,” said the Labor Party’s Shalom Simchon, who is also agriculture and rural development minister

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Exit polls: Kadima leads Israeli vote, big gains for Likud

Israel’s two largest parties each claimed a mandate early Wednesday after exit polls showed a surprise first-place finish by the ruling Kadima party and dramatic gains by its conservative rivals. Foreign Minister Tzipi Livni’s failure to assemble a ruling coalition for Kadima last year triggered Tuesday’s elections. But she told supporters after the vote that the narrow edge Kadima appears to have held over the conservative Likud shows her party is “the common denominator of Israeli society.” Livni called on Likud leader Benjamin Netanyahu “to respect the choice of Israel’s citizens …

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