Unemployment Rate Falls to 7.8%, Best Since January 2009
The U.S. unemployment rate dropped to a near four-year low of 7.8 percent in September, even as more Americans come back into the labor force to resume the hunt for work.
discouraged workers
U.S. Hiring Slows Sharply With Just 115,000 Jobs Added in April
U.S. employers pulled back on hiring in April for the second straight month, evidence of an economy still growing only sluggishly. The unemployment rate dipped, but only because more people gave up looking for work.
What's the Real Unemployment Number?
In January, job creation was anemic, yet unemployment plummeted. What gives? The answer lies in the quirky way the government decides who gets counted as part of the work force, who gets counted as officially unemployed and who gets left out of the picture.
Main Street Doesn't Buy Wall Street's 'Recovery'
If stocks are rising, that should mean the economy is improving. Yet even though the S&P 500 has soared 80% from its March 2009 lows, 70% of Americans don't believe the recession is over. Which side has a firmer grasp of reality?
U.S. Job Market Suffers Another Bruising Month
America is stuck in a job drought -- adding just 71,000 new private sector jobs while shedding 131,000 -- and that will put more pressure on the Fed to stimulate the slack economy. One puzzle: How to create jobs in a period of soaring productivity?