Topic: Edward Lazear
The August jobs report sent chills through Wall Street and Washington because of one eye-popping number: 368,000 Americans gave up looking for work. That makes 7 million people not counted as part of the labor force who want a job.
Pressure is mounting for the US government to act soon to prevent a recession.
White House may soon take new steps to deal with the troubled housing market, president's chief economist hints.