Tag: U.S. economy

by The City Wire staff -

Rise in U.S. joblessness broad-based

The jobless rate climbed in 44 U.S. states in July, showing last month’s increase in unemployment was broad based. Alabama and Alaska registered the worst performance, with joblessness advancing by…

by The City Wire staff -

The economy needs compromise

In most polls these days, Americans cite the lack of jobs as the No. 1 problem. President Barack Obama and Republican challenger Mitt Romney claim to know how to fix…

by The City Wire staff -

U.S. economy grows at slower pace

The U.S. economy expanded at a slower pace in the second quarter as a softening job market prompted Americans to curb spending. Gross domestic product, the value of all goods…