Sep 2, 2014

Obama: 'Revving' economy calls for higher wages

President Barack Obama renewed his push for Congress to raise the U.S. minimum wage Monday in a buoyant accounting of the economy’s “revving” performance, delivered on behalf of Democrats opening their fall campaigns for the midterm congressional elections. “America deserves a raise,” he told ...

Jul 24, 2014

IMF sees U.S. growth at weakest since recession

U.S. economic growth this year will likely be at the weakest pace since the Great Recession ended, the International Monetary Fund said, mostly because of a sharp, weather-related contraction in the first quarter. But the global lending organization said Wednesday that it still expects ...

Jun 22, 2014

Bewildering take on the American job market

by Robert J. Samuelson

With the U.S. government's latest monthly employment report, the American job market has entered a bewildering phase. The U.S. may be closer to "full employment" than is commonly supposed, but the weak recovery since 2009 is hardly typical of economic cycles since World War ...

May 2, 2014

U.S. gains 288,000 jobs, most in 2 years

U.S. employers added a robust 288,000 jobs in April, the most in two years, evidence that the economy is picking up after a brutal winter slowed growth. The Labor Department also said Friday that the unemployment rate sank to 6.3 percent, its lowest level ...

Apr 20, 2014

Double tragedy of long-term unemployment

by Robert J. Samuelson

To be among America's long-term unemployed — workers who have been jobless at least six months — is especially demoralizing for midcareer professionals and managers in their 40s and up because, from the perspective of potential employers, not hiring these workers can make sense.