The job creation numbers for September were a bucket of cold water in the face. Six years after the economy began recovering from the Great Recession, and we're still nowhere close to getting the job market back to full health. Whatever tribal divisions may cut through American society, we can all at least agree that's bad, right? Not so fast.
You Know Who Likes Lackluster Economic Growth? The Rich.
The Week - Business, The Week: Business
Mon, 10/05/2015 - 2:22am
Topics: september great recession american striking richer evolution top incomes united states updated emmanuel saez jan conversely ceos finally washington center equitable growth individual elites goldilocks graph income full economic labor workers economy employment pie percent jobs power market work demand bigger supply companies capital job unions downward late high markets households tight money boom policy society matters inequality people cold pride slow stuff human care force gains creative run issue worker nature business share number completely owners bargaining means businesses desperate management wage effect slice shrink courtesy fair
BING NEWS:
- US growth slowed sharply last quarter to 1.6% pace, reflecting an economy pressured by high rates
The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but consumers kept spending at a solid pace.
04/25/2024 - 8:49 am | View Link - Markets fall as investors worry about low economic growth and stubborn inflation rates
US stocks closed lower Thursday after the latest GDP report showed that US economic growth slowed to 1.6% in the first quarter of the year, a much weaker pace than expected.
04/25/2024 - 5:03 am | View Link - U.S. Economic Growth Slows Much More Than Expected In Q1
A report released by the Commerce Department on Thursday showed the U.S. economy grew by much less than expected in the first quarter ...
04/25/2024 - 4:49 am | View Link - Economic Growth Surprisingly Slowed To 1.6% In First Quarter
The U.S. economy as measured by the inflation-adjusted Gross Domestic Product (GDP) grew at an annualized rate of 1.6% in the first quarter, down from 3.4% in the fourth quarter of last year.
04/25/2024 - 3:00 am | View Link - U.S. economic growth slows as consumers tighten their belts
U .S. economic growth slowed dramatically in first quarter of 2024, with inflation-weary consumers tightening their belts and spending less, the government reported on Thursday.
04/25/2024 - 1:50 am | View Link - More
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