July 6, 2011
NEW YORK (CNNMoney) -- Almost no one is satisfied with the current state of the U.S. economy. But economists say the outlook is pretty bleak too.
Sluggish economic growth will continue into 2012, if not beyond, with only modest hiring...
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What's next for economy: Slow growth, weak hiring
Last edited by tobee43; 07-06-2011, 10:45 AM.
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Many Cities Face a Long Wait for Jobs to Return
June 19, 2011
Two years into a fitful recovery, unemployed Americans are getting painfully accustomed to the notion that it will take years to bring back the jobs eviscerated by the financial crisis.
In some regions, those years are in danger of turning into a decade....
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Florida consumers still in financial distress, but showing signs of improvement
May 20, 2011
WEST PALM BEACH — The financial picture for US households improved in 2011’s first quarter as employment levels rose and consumers continued to better manage their household budgets. And in Florida, while consumers are still experience financial distress, improvements...
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AP Analysis: US Economic Stress Eased In February
April 14, 2011
Thanks to lower unemployment and fewer bankruptcies, the nation's economic stress edged down in February as all but five states strengthened from January, according to The Associated Press' monthly analysis.
Three states that were hit hardest by the recession...
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Housing's Anemic Rebound Gives Little Boost to U.S. Economy
Jan 12, 2011
This may be the year the U.S. housing market starts crawling up from rock bottom. Held back by foreclosures, the pace will be so weak it won’t do much for economic growth.
Home prices probably will start to gain in 2011’s third quarter and rise 0.6 percent...
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Jobless and hopeless in America
January 7, 2011
(CNN) -- The Great Recession has been an economic catastrophe for jobless and underemployed American workers and their families. The December jobs report issued Friday shows only modest private-sector job growth and offers slim hope that the nation's 15 million...
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Slow Job Growth Dims Expectation of Early Revival
January 8, 2011
The year 2010 ended on a disappointing note, as the economy added just 103,000 jobs in December, suggesting that economic deliverance will not arrive with a great pop in employment.
Signs still point to a long slog of a recovery, with the unemployment rate...
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Bernanke: It will take years for jobs to come back; $600 billion support program ....
January 7, 2011
Bernanke: It will take years for jobs to come back; $600 billion support program still needed:
WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke told Congress Friday that there is increasing evidence that a "self-sustaining" economic...Last edited by tobee43; 01-07-2011, 08:17 AM.
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Deep Hole Economics
January 2, 2011
If there’s one piece of economic wisdom I hope people will grasp this year, it’s this: Even though we may finally have stopped digging, we’re still near the bottom of a very deep hole.
Why do I need to point this out? Because I’ve noticed many people...Last edited by Flamingo; 01-04-2011, 04:30 PM.
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