Economic Growth

By Christopher S. Rugaber WASHINGTON (AP) -- The faltering U.S. job market has prompted economists to take a much dimmer view of the country's growth prospects. That's a shift from just a few weeks ago, when many were upgrading their forecasts. Friday's surprisingly bleak jobs report for May followed a ...

By Martin Crutsinger WASHINGTON (AP) -- The economy expanded at a slow to moderate pace over the past two months in most areas of the country, but overall hiring was weak, according to a Federal Reserve survey released Wednesday. Modest improvement in all but one of the Fed's 12 banking districts suggests ...

By Alister Bull (Reuters) - President Barack Obama will on Tuesday announce fresh steps to boost rural hiring on the second day of a bus tour through the heartland to explain his economic and job policies to anxious voters. Democrat Obama, who began his three-day tour in Minnesota, visits Iowa and will end ...

Job creation has lagged in the current economic recovery, leaving many people to wonder where the jobs are. Within the last four months or so, however, the labor market has begun to show strength, creating more than half a million new jobs since December as the economy has picked up steam. ...

The US rounded out the year with another economic set back. Reuters and the New York Times were among the first to report that US employers cut as many as 85,000 jobs in December 2009, causing a big stir on Wall Street, and a ripple effect through the nation that forces Obama to reconsider his plan to ...