Tag Archives: growth

The commerce department reported Wednesday that the economy contracted by nearly 3 percent from January through March. This dismal shrinkage in output has many Americans worrying about a dreaded double dip recession. On the jobs front, it feels to many Americans that the recession never ended. One of the misleading …

Friday the Labor Department is expected to report the economy added 245,000 jobs in December. That’s down from 321,000 in November, and a slower economic growth will likely drag on jobs creation through much of 2015. After a tough winter and brief economic contraction, the economy grew at a 4.8 …