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The economy shrank at a 6.3 percent pace at the end of 2008, the worst showing in a quarter-century, and probably isn't doing much better now. ...more
March 26, 2009
The number of new jobless claims and the total number of people receiving unemployment benefits both dropped more than expected last week, though they remain at elevated levels and are unlikely to fall substantially in the coming months. ...more
March 6, 2009
The number of out-of-work Americans continuing to draw unemployment benefits has surged to a 25-year high. Shoppers also turned extra frugal, further proof of the damage from the sinking economy, credit problems and financial stresses. ...more
November 7, 2008
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