Joint Economic Committee investigates possible recession in Washington
Former Treasury Secretary Lawrence Summers (L) watches as Lawrence Mishel, president of the Economic Policy Institute, testifies before a Senate and House joint Economic Committee hearing on a possible recession in America in Washington on January 16, 2008. (UPI Photo/Kevin Dietsch)
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Wages grew 11.2 percent for top U.S. earners as the economy recovered in 2011, but fell 0.4 percent for all others, an economics researcher said.
G20 pledges peace on currency front ... SEC investigating Heinz takeover trading ... 1 percent of incomes growing in recovery ... U.N.: Manufacturing grew 2.2 percent in 2012 ... News from United Press International.
Economists say a jobs bill scaled down in the U.S. Senate amid political opposition should not be seen as a major employment solution.
A drumbeat of job losses accompanied a slew of negative corporate reports that battered stocks on Wall Street Wednesday.
As Washington prepares for President Bush's inauguration for a second term, there is less urgency for the administration to tout its achievements on the economi
Disappointingly few jobs were created in November, but the Bush administration remained upbeat about the U.S. labor market.
The Bureau of Labor Statistics reported early Friday that only 112,000 jobs were created last month, far below the Wall Street c
For President Bush, the euphoria continues.
Middle-income families of all types have seen earnings drop since 2000 due to high health care and job scarcity over the last few years, a report issued Thursda
The Bush administration should be delighted that the job market picked up in August, as voters continue to fret about jobs ahead of the Nov. 2 presidential elec
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