Feb. 22 at 3:08 p.m.
Filed under:
Investing,
Jobs/employment
By Gregory Karp
The Great Recession might be officially over, but that’s not helping Americans save money, and they’re growing increasingly worried about it, according to survey results released Tuesday.
The portion of people “very concerned” about the impact of the current recession on their personal finances rose from 43 percent last year to 49 percent this year, according to the survey commissioned by the American Savings Education Council and the “America Saves” campaign, with more than 1,000 participating groups.
“The recession clearly has not ended for millions of Americans,” said Stephen Brobeck, executive director of the Consumer Federation of America. High unemployment, consumer and mortgage debt, and the housing crisis help explain why savers haven’t made much progress. Get the full story »
Feb. 17 at 5:51 a.m.
Filed under:
Jobs/employment,
Labor,
Unions,
Work culture
By CNN
Are you better off than your parents? Probably not if you’re in the middle class.
Incomes for 90 percent of Americans have been stuck in neutral, and it’s not just because of the Great Recession. Middle-class incomes have been stagnant for at least a generation, while the wealthiest tier has surged ahead at lighting speed. Get the full story »
Jan. 24 at 6:39 a.m.
Filed under:
Jobs/employment,
Layoffs
By Associated Press
Industry economists say the U.S. economic recovery is gaining strength, with more firms expressing positive hiring plans than in over a decade.
A new survey from the National Association for Business Economics finds that economists are more hopeful about overall economic growth, the job market and demand for companies’ products and services by many measures than they have been since the start of the Great Recession. Get the full story »
