Which States Have The Most Job Growth Since The Recession?
Although the nation’s unemployment rate has been around a seven-year low of about 5.4 percent, job growth among the states has been uneven, with several showing only meager gains more than five years removed from the depths of the Great Recession.
5 Ways Democratic Presidents Kick Republican Butt
The evidence is clear: Democrats make the pie bigger for everyone, while Republicans redistribute to the rich.
5 Keys To The U.S. Economy To Watch In 2015
These crucial factors will decide just how strong the economy grows in 2015.
U.S. Economy Grew Robust 3.9 Percent In Third Quarter
The economy has undergone its strongest growth phase in 11 years.
The Winner-Take-All Economy
If employment numbers continue to improve, why don’t we feel better off?
Racial Inclusion Is America’s Hidden Engine Of Growth
“Trickle-up” economics start with solving our racial inequality crisis.
Business Economists Report Solid But Slowing Growth In Third Quarter
Survey results released on Monday show that hiring and profit margins fell only slightly from the second quarter.
Kerry Presses Asia On Democracy, Human Rights
Honolulu (AFP) – U.S. Secretary of State John Kerry urged China and other Asian countries to bolster democracy and human rights in a region at the top of America’s agenda. “The United States is an Asian-Pacific nation, and we take our enduring interests there very seriously,” Kerry said at the East-West Center in Honolulu, on […]
Economy Rebounds Strongly In 2nd Quarter, Expands At 4 Percent Annual Rate
By Jim Puzzanghera, Los Angeles Times WASHINGTON — The U.S. economy rebounded strongly in the second quarter after a winter contraction, expanding at a 4 percent annual rate, the Commerce Department said Wednesday. Analysts had projected the nation’s total economic output, or gross domestic product, to expand at a 3.1 percent in the second quarter. […]
IMF Cuts 2014 U.S. Economic Growth Forecast To 1.7 Percent
Washington (AFP) – The International Monetary Fund on Wednesday lowered its U.S. economic growth forecast for 2014 after severe winter weather in the first quarter delivered a sharp contraction. The IMF projected that the world’s largest economy would grow a “disappointing” 1.7 percent this year, after a 1.9 percent expansion in 2013. The forecast marked […]
U.S. Economy Contracts A Steep 2.9 Percent In First Quarter
Washington (AFP) – The U.S. economy shrank much more than previously estimated in the first quarter, in the sharpest contraction in five years, the Commerce Department said Wednesday. Gross domestic product fell at a 2.9 percent annual pace in the first three months of the year, much worse than the previous estimate of 1.0 percent. […]
U.S. Economy Shrank One Percent In First Quarter
Washington (AFP) – The U.S. economy contracted at an annual rate of 1 percent in the first three months of 2014, a significantly weaker performance than initially estimated, official data showed Thursday. It was the first time the world’s largest economy shrank since the 2011 first quarter. The contraction was twice as strong as analysts’ […]
Stronger Consumer Spending Lifts Q4 U.S. Economic Growth
Washington (AFP) – The U.S. economy grew at an annual rate of 2.6 percent in the fourth quarter of last year, expanding more strongly than previously thought as consumers spent more. The Commerce Department on Thursday revised higher its prior 2.4 percent estimate of gross domestic product growth for the period, matching analyst expectations. “The […]
Economy Adds 175,000 Jobs In February; Unemployment Rate Up To 6.7 Percent
By Jim Puzzanghera, Los Angeles Times WASHINGTON — The economy added 175,000 net new jobs last month, a surprisingly robust figure given the bad winter weather, the Labor Department said Friday. Despite the increase — the largest in three months — the unemployment rate ticked up 0.1 percentage points to 6.7 percent after hitting a more […]