The probability of recession declined to .22 percent in November 2012, according to a recession probability indicator.
US economy adds 157,000 jobs in January – tepid growth that the labor market can't seem to break out of. But upward revisions to last year's job numbers suggest the US has regained 61 percent of the employment it lost during the Great Recession.
In sharp contrast to today's tepid job growth, employment will pick up later this decade and feature some unusual twists – from the rise of sales jobs to the dearth of 'green' ones. Here's a guide to help navigate it.
Consumers are deeply worried about their jobs and their incomes, Reich writes, and they have every right to be.
The record-low birthrate in the US is showing no signs of bouncing back, even with the economy on the mend. Evidence is growing that huge student debt may be deterring people from starting families.
The EU should be open, free, flexible and the UK will be part of it, says the British leader at this week's Davos forum. But 'I don't want a country called Europe,' he adds, as Tory back-benchers push the prime minister to call for a controversial referendum on British participation in the 27-nation union.