Growth without jobs is a vexing contradiction
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According to the government&#39;s own labor reports, George W. Bush is the first president since Herbert Hoover to preside over a net loss of jobs during his administration.
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The nation&#39;s labor markets sputtered again last month as job growth, which surged in October, reverted to the lackluster pace that has marked the recovery for much of the year.
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WASHINGTON  - A weaker-than-anticipated report on the US labor market, showing just 112,000 jobs added in November, cast fresh doubts over the pace of growth of the world&#39;s largest economy.
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Bill Gatesâs Davos challenge to the worldâs capitalists last week did not mention some important work that is already under way in developing nations.
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Clean energy work is a rapidly growing industry, but critics say it's no panacea for unemployment.
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Cheap labor isn't the only reason for offshoring.
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The latest snapshot shows an economy that has returned to a moderate economic expansion of about 3 percent. At this pace, the economy is not growing fast enough to create large numbers of jobs
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The bottom line: No strong economy has a weak currency.
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Dick Cheney would love our 200 growth companies (see p. 180)--they're small and they are (most of them, anyway) adding to their payrolls. The other day Cheney was singing the praises of small businesses by noting that they create seven of ten jobs in this country. This was by way of justifying tax breaks for the sort of people who own small businesses.
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A slowdown in manufacturing and construction means the economy needs to rely even more on exports to sustain growth.
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Is Economic Stimulation the Cause, not the Cure?
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We unquestionably live better than we used to, but there are real reasons to worry whether the economic gains can continue at anything like their recent pace.
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The region's booming growth has counterbalanced trouble elsewhere. But the long dry spell is taking a toll.
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The economic expansion that began six years ago has failed to benefit most workers, according to a report from the nonpartisan Economic Policy Institute, released Monday.
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The nation needs to add about 150,000 jobs a month to keep pace with population growth, according to economists. While employers have added jobs for 12 consecutive months, the
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The New Republic's website is currently carrying an interesting piece which tries to explain the anomaly that although the US economy is growing, a lot of its citizens are still feeling worse off. The article explains the results of a 40 year panel study which has shown that although mean incomes have increased, income variability has increased massively, causing many Americans to feel less well off, despite the growing economy.
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Itâs a curious phenomenon. Americans seem to feel more economically insecure even though the economy has become more stable.