President Obama’s jobs plan would add approximately 1.9 million jobs, and grow the economy 2%, affirms Moody’s chief economist
Many analysts predict that if the U.S. economy returns to a recession, it could be a lot more devastating than the previous one
The U.S. economic jobless recovery received more negative news as new private-sector jobs barely outweighed government job losses, causing the unemployment rate to climb to 9.2% from 9.1%
Amid reports of an unexpected economic decline and dismal employment data, Federal Reserve Chairman Ben Bernanke conceded that the U.S. economy is in a significant slump and that the job market is “far from normal.”
The U.S. jobless recovery is even slower than many thought, as the Commerce Department confirms that the gross domestic product (GDP) a key measure of the economy, rose just 1.8% during the first quarter, much slower than the 3.1% increase in the last three months of 2010
U.S.President Obama is visiting the Facebook headquarters in Silicon Valley to host a webcast on the economy with Facebook CEO Mark Zuckerberg
Minutes from the most recent meeting of the U.S. Federal Reserve show that policymakers anticipate a bigger jump in economic growth for 2011 than they thought just a few months ago
U.S. Federal Reserve Chairman Ben Bernanke told Republicans that a failure by Congress to raise the country’s debt ceiling would have disastrous effects on the global economy
The U.S. economy added only 36,000 jobs in January, which is almost 60% fewer than in December
U.S. unemployment fell to 9.4% in December, its lowest level in 19 months
