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.
The debate about job creation is becoming one of the central themes of the presidential campaign. The answers aren't simple, many economists say – especially in the current climate of employment malaise.
In the midst of the economy's slowdown, housing is gradually picking up. Home prices and new construction are up. Existing home sales, while down, are expected to rebound.