The modest recovery in the US economy since 2009 has been marked by tepid job creation – a trend that needs to change if the nation is to return to the kind of low unemployment rates that prevailed before the recession. But how to do that? In one of the most detailed efforts the address that question, the McKinsey Global Institute put out a set of recommendations on how to create 21 million new jobs by 2020, bringing unemployment down to 5 percent. Here's a look at the institute's core proposals:
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Stock prices are no longer based on buyers and sellers, but instead, on the US central bank. Here's how.
When the retirement age was set at 65, Americans had a shorter lifespan. So now, maybe we'd do best to stay productive a little longer.
A possible move by a Connecticut-based UBS bank back to downtown New York City illustrates how a vibrant city life can attract people to live in the city center.
Presidential candidate Tim Pawlenty wants to grow the economy by 5 percent, just like Reagan and Clinton did. But are those wise examples to bring up?
Initial unemployment rose by 1,000, and continued claims fell by 71,000. In all, there are 7.5 million people on state and federal unemployment rolls.
The second round of federal stimulus made Americans poorer, not richer
Different industries have been using newly available, massive collections of data for a few years. Now, it's starting to catch on in the financial world.
After a couple dreary years, the economies of most states began to grow again in 2010. Forty-eight of the 50 states showed a gain in gross domestic product, according to new data from the Bureau of Economic Analysis. (Click ahead to see which two states did not grow.) The US as a whole saw GDP grow by 2.6 percent last year. But some states more than doubled that rate, thanks to gains in durable goods manufacturing, retail trade, finance, and insurance. Here's a look at the Top 5 fastest-growing states: