Bad economic news across the board is weighing on Americans’ mood this month. The consumer sentiment index fell to a 5-month low in March, thanks to increases in the U.S. trade deficit, higher jobless claims, and a more than 4…
Economists and commentators talk why initial jobless claims need to falling below the 400,000 level. But exactly why is that number significant for the U.S. economy and investors? Here’s the lowdown, based on the past performan…
Many people blame America’s high unemployment rate on a mismatch between workers’ skills and the fields with open jobs. But jobs are scarce across all sectors. That means effective policies are needed to stimulate demand and re…
Americans who are unemployed or underemployed are three times as likely to fall behind on their bills as those who are fully employed, according to a Gallup Poll released Tuesday.
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Fresh data show that the number of promotions given to American workers has dwindled, suggesting that even those with jobs are having a tough time getting ahead. Fewer promotions are “a sign of the lingering impacts of the rece…