A selection of solutions for a better employment rate: From cutting taxes to raising taxes, job sharing to job training.
The US imported $49.9 billion more in goods and services than its exported in June, up from $42 billion in May. Such a large trade deficit is unsustainable and a drag on the economy, experts say.
A jump in the value of Chinese currency, the yuan, would make products manufactured in China more expensive, but could also help US manufacturers remain competitive abroad.
Metals like gold and silver have become a core holding for more investors as they focus on the risks that lie in sovereign balance sheets. The gold price was as high as $1,245.80 per ounce Wednesday.
The 290,000 jobs were spread across every sector of the US economy, the Labor Department reported Friday. Job-market recovery led more people to resume looking for work, driving up the unemployment rate to 9.9 percent.
The US economy has been propped up in part by government stimulus spending, but some of those artificial supports are slated to fall away later this year. The big question is whether the economy can sustain jobs growth on its own.
Personal spending rose 0.3 percent in February, the Commerce Department reported Monday. But US stimulus programs have not managed to boost household incomes.
Unless the US-China trade gap is seriously addressed, some economists say, Obama’s goal of 2 million new trade-related jobs will be unattainable.
President Obama's State of the Union speech proposed a National Export Initiative to generate 2 million jobs from doubling exports over the next five years.