Why the American economy stays in the crapper

Why the American economy stays in the crapper

The American economy and job market are moving in the right direction, just not very quickly. The news Friday that U.S. employers added a solid 165,000 jobs in April and unemployment fell to a four-year low of 7.5 percent came as a relief. The Dow Jones industrial average surged 142 points, or 1 percent, on […]

Even with less pay, American consumers keep spending

Even with less pay, American consumers keep spending

This year got off to a sour start for U.S. workers: Their pay, already gasping to keep pace with inflation, was suddenly shrunk by a Social Security tax increase. Which raised a worrisome question: Would consumers stop spending and further slow the economy? Nope. Not yet, anyway. On Friday, the government said consumers spent 3.2 […]

Job market confidence grew in 2012

Confidence in the U.S. job market has rebounded to roughly a normal level from its record low after the Great Recession, a trend that could help boost the economy. Americans increasingly feel they could find a new job if necessary, according to the results of the 2012 General Social Survey, a long-standing poll of public […]

A third of American counties are dying

A third of American counties are dying

A record number of U.S. counties — more than 1 in 3 — are now dying off, hit by an aging population and weakened local economies that are spurring young adults to seek jobs and build families elsewhere. New 2012 census estimates released Thursday highlight the population shifts as the U.S. encounters its most sluggish […]