Depth of Recession Makes Recovery Look Worse
When it comes to the weak job market, don’t blame the recovery. Blame the recession.
Good Jobs News: More People Are Quitting
Friday’s jobs report was a disappointment, but here’s one sign the labor market may be improving: More people are quitting their jobs.
Job Market Toughest for New Entrants
Even with the recent improvement in the job market, it’s a tough time to be looking for work. It’s even tougher if you’re just entering the work force.
Number of the Week: Energy Bills Heading Down (Really!)
The EIA projects that the average household with natural gas heat will spend $643 on residential energy this winter -- $81 less than last year.
Why Did Economists Get It So Wrong in 2011?
Simply put, 2011 was a terrible year for economic prognostication with seemingly no end of overseas disasters -- natural and man-made -- to throw off experts’ predictions.
Why New York Giants’ Super Bowl Victory Is Good for the Economy
An embittered Pats fan finds the economic silver lining to the Giants' Super Bowl victory.
What’s Behind the Unemployment Rate Drop?
Whenever the unemployment rate drops, economically savvy observers know to ask a key question: What happened to the employment-population ratio?
Vital Signs: Improving Factory Sector
The Institute for Supply Management’s monthly survey of purchasing managers found that factory activity in December hit 53.9, the highest level since June.
Vital Signs: More Hotel Rooms Filled
U.S. hotels filled 37% of their rooms in the week ended Dec. 24, up 8% from a year earlier.
Number of the Week: More Jobs in 2011, But Still Not Enough
The economy likely gained about 1.3 million jobs in 2011, the first increase since the start of the recession. But the U.S. still has about 6.5 million fewer jobs than in 2007, the peak year for U.S. employment.
Vital Signs: More Homes Going Into Contract
The National Association of Realtors’ index of pending home sales rose for the second consecutive month in November.
Vital Signs: More Homes Going Into Contract
The National Association of Realtors’ index of pending home sales rose for the second consecutive month in November.
