Recovery

The American recovery from the financial crisis is far from complete. The official national unemployment rate stands at 7.7 percent, as of February. But there are surprising signs of recovery, many of them in the manufacturing sector. What had been written off as the "sick man" of the U.S. economy is now a sector ...

The average unemployed American now spends 35 weeks job-hunting, an amount almost double what it's been at any point before the Great Recession. And one thing that everyone agrees on: Even though more and more companies are hiring, people who have been unemployed for six months or more aren't getting those ...

Throughout the 2012 election and into the economic confrontations of 2013, President Barack Obama has frequently referred to the country as being in a "recovery." But a new report released by the Heldrich Center for Workplace Development tells a different story, and challenges the idea that there's yet been ...

The American economy has been gaining strength for several years, yet we've recovered less than half the jobs we lost. Many say this is because businesses don't want to spend the cash to hire. Others blame it on companies shipping jobs to cheaper hands overseas. But according to an analysis by The Associated ...

The nation's jobs picture got a weaker-than-expected shot in the arm Friday, following a report from the Labor Department that showed the economy created 120,000 jobs in March, well below analyst expectations of 200,000 newly created positions. As expected, the pace of job creation slowed in March, even as ...

By Christopher S. Rugaber WASHINGTON -- In the most impressive surge for the job market since the middle of the last decade, the United States added 243,000 jobs in January, far more than economists expected. The unemployment rate dropped to 8.3 percent, the lowest in three years. Hiring accelerated across ...

By Martin Crutsinger WASHINGTON -- Americans' income rose in December by the most in nine months, a hopeful sign for the economy after a year of weak wage gains. But consumers didn't spend any more than they had in November. Instead, they ended up saving all their additional income. Economists noted that ...

After years of cutbacks and layoffs, the nation's labor market finally appears to be on the mend. Latest monthly data from the Labor Department shows the unemployment rate inched down to 8.5 percent in December, though millions of Americans remain out of work. Still, the report showed that job growth was ...

Economists announced the end of the recession two years ago, and there now seem to be glimmers of a recovery. The overall unemployment rate dropped this past month to 9 percent. But things are only getting worse for women. While it may have been a "mancession," it truly is, as the media has dubbed it, a ...