discouraged workers

What's the Real Unemployment Number?

Last week, jobs went up by a hair, but somehow, unemployment plummeted by a lot. What gives? The answer lies in the quirky way the Bureau of Labor Statistics 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, many Wall Street gurus take it as evidence that 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. Is Main Street's grasp on reality firmer than Wall Street's? Let's look at the data:

U.S. Job Market Suffers Another Bruising Month

With nation stuck in job drought -- adding just 71,000 new private sector jobs -- more pressure will be on the Federal Reserve to do what it can to stimulate an economy that's operating well below its potential. One puzzle: How to create jobs in a period of soaring productivity?