While even Hurricane Irene’s howling winds and torrential rains couldn’t close Wall Street this week, the real storm looming over the economy is the jobs crisis. The Labor Department released its dismal employment report this morning, finding that the economy added no jobs in August. As affluent investor and advisor confidence levels plummet, all eyes are on Washington to forestall what some experts warn could be another recession in 2012.

Meanwhile, in a sign of how contentious – or perhaps childish – the political climate has become, our leaders in DC had difficulty agreeing on a time next week when President Obama can present his jobs plan to Congress. The scheduling snafu was unprecedented, according to Congressional historians. The speech is now scheduled for Thursday, Sept. 8. (Umm, hello . . . Washington? Now I have a scheduling conflict.)

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?



Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.