The slow pace of economic growth shows the recovery is too weak to generate enough jobs for 15.3 million unemployed people. Layoffs are contributing to the problem. That's evident from an elevated number of weekly claims for jobless aid.

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Topics:  slow   recovery   
BING NEWS:
  • The Most Fatal Mistake of Biden’s Term
    The Biden administration’s aggressive economic recovery plan worked on paper, but high costs and bad vibes told a different story at the polls.
    11/21/2024 - 9:40 pm | View Link
  • Illinois No. 3 for highest unemployment in October
    October job numbers for Illinois remained disappointing, with an unemployment rate that was third highest in the nation. There are 346,000 Illinoisans who need a job.
    11/20/2024 - 6:38 am | View Link
  • What's behind Michigan's rising jobless rate: Job cuts at big companies, slowing growth
    Michigan's jobless rate rose for seven consecutive months, increasing to 4.7% in October, state data shows, up from 4.2% the same month last year.
    11/16/2024 - 10:25 pm | View Link
  • Florida jobless claims drop for second week in a row, indicating initial recovery from hurricanes
    It’s also the second week in a row that Florida bucked the national trend, where first-time unemployment claims increased. There were 229,478 new unemployment filings across the country last week.
    11/14/2024 - 1:43 am | View Link
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