There’s no way to sugarcoat it: The U.S. job deficit is huge, and it will take years to fix. But investors shouldn’t become too pessimistic. America’s economy has the capacity to adapt and renew itself faster than many folks ex…
Many Wall Street pundits are surprisingly bullish about the U.S. economy for 2011, but high unemployment continues to ravage Main Street. Still, with corporate profits booming and the stock market rallying, some indicators say …
Consumer confidence unexpectedly fell to 52.5 in December from a revised 54.3 in November, as a sluggish U.S. job market prevented consumers from changing their cautious stance toward the economic recovery.
A Bloomberg survey had expected the index to…
The economy added just 39,000 jobs in November — substantially less than expected. And the jobless rate rose to 9.8%. The report shows that despite a year of GDP growth, America still hasn’t overcome its worst job drought in d…
The consumer sentiment index rose a better than expected 3.9 points in November to 71.6 — its highest level since June, as Americans sensed modest improvement in the job market. Its still below historic norms, though, and sust…