The unemployment rate is a lagging indicator, which means that it goes down after the economy starts growing. Simply put, it's not time to talk about a jobs recovery yet.
Hale "Bonddad" Stewart | Posted 12.03.2009 | Business
There are numerous reasons to argue the economy has bottomed and is on the mend. Then there is the jobs situation, which is still the one main sticking point to a full-blown recovery.
AP | CHRISTOPHER S. RUGABER | Posted 11.10.2009 | Business
WASHINGTON — The ending of the recession is reviving global trade, increasing U.S. imports by a record amount in July and boosting foreign deman...
AP | BETH DeFALCO | Posted 10.22.2009 | Business
TRENTON, N.J. — Despite the nation's highest jobless rate in 26 years, American workers are seeing some encouraging trends this Labor Day, accor...
AP | MIKE SCHNEIDER and ERRIN HAINES | Posted 10.22.2009 | Business
ORLANDO, Fla. — Marcus Wells and Shirley Walker view their economic prospects from opposite ends of the age spectrum. Wells, 25, was initially ...
AP | MARTIN CRUTSINGER | Posted 09.27.2009 | Business
WASHINGTON — Further evidence the recession is ending came in a report Thursday confirming that the economy shrank at an annual rate of just 1 p...
Economix | Catherine Rampell | Posted 01.05.2009 | Business
Economists in financial services and in academia responded with dismay to the November employment report, released today. Here's a roundup of some of ...
AP | TIM PARADIS | Posted 01.05.2009 | Business
NEW YORK — Wall Street put an upbeat spin Friday on the government's report that the nation lost more than half a million jobs last month. Stock...
Yahoo! News | 30 Mins Ago | Posted 01.03.2009 | Business
Private employers cut 250,000 jobs in November, the most in seven years, a report by a private employment service said on Wednesday. ADP Employer S...
AP | JEANNINE AVERSA | Posted 12.08.2008 | Business
WASHINGTON — The nation's jobless ranks zoomed past 10 million last month, the most in a quarter-century, as piles of pink slips shut factory ga...
AP | JEANNINE AVERSA | Posted 11.03.2008 | Business
WASHINGTON — Jobs are vanishing at the fastest pace in more than five years with pink slips likely to keep stacking higher in the months ahead, ...
AP | TIM PARADIS | Posted 11.03.2008 | Business
NEW YORK — In the end, congressional approval of the government's $700 billion financial rescue plan Friday did little to lift the financial mar...
AP | TIM PARADIS | Posted 09.07.2008 | Business
NEW YORK — Wall Street tumbled Thursday as further troubles in the financial sector, higher unemployment and lackluster retail sales touched off...
AP | Tim Paradis | Posted 03.28.2008 | Business
Wall Street plunged again Friday after the government's much-anticipated employment report showed weaker-than-expected job growth and a rise in the u...
CNBC | Antonia Oprita | Posted 03.28.2008 | Business
The first employment report of the year looks set to make or break the trading day for stocks worldwide, as investors' fears about the fate of the U.S...
Hale "Bonddad" Stewart | Posted 10.12.2009 | Business