The New Economy
Laurent Belsie

Laurent Belsie

07.02.09

Though mixed, some signs of mid-year economic hope

Compared to the clear, bright sparkle of Fourth of July fireworks, what’s going on in the economy these days is a lot harder to decipher.
Big banks aren’t needing new bailouts, but the stock market isn’t soaring either.
Jobs keep disappearing even as economists predict a recovery.
What’s going on?
The economy appears to be in a transitional phase. […]

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The private sector’s total paid hours … is now fewer than the total hours worked in June 1998"

Charles McMillion of MBG Information Services

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Job seekers line up for a career fair Thursday in Oak Brook, IL. Employers nationally cut a larger-than-expected 467,000 jobs in June and the unemployment rate climbed to a 26-year high of 9.5 percent.

07.02.09

5 percent unemployment: still a decade away?

The economy is recovering, but forecasters suggest that America is headed for a third straight 'jobless recovery.'

07.02.09

A better way to create jobs

Nurturing start-ups works even better than infrastructure projects.

07.02.09

Americans are working fewest hours on record

Unemployment is up again, and the average hours worked by those with jobs is at its lowest point in 45 years.

Reporter Mark Trumbull talks with CSMonitor.com's Pat Murphy about job losses in the global economy and what the US recovery might look like.

Reporter Mark Trumbull

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07.01.09

Coming to 25 states: higher taxes

And more states may follow, as officials try to balance budgets in the midst of an economic slump.

07.01.09

ECONOMIC SCENE: The missing piece of the healthcare debate

The idea of a government-paid national healthcare system hasn’t gotten very far in the Washington debate.

07.01.09

New budget year finds many states still scrambling

Some will need to make midyear cuts, beyond what they've sliced from their budgets already, say fiscal experts.

07.01.09

Fastest-growing cities seek to beat recession soonest

Cities in Texas, North Carolina, and California dominated the top 10 list of fastest-growing US cities in 2008.

Reporter Patrik Jonsson talks about some of the reasons Raleigh, N.C. is one of America's fastest-growing cities.

Reporter Patrik Jonsson

06.30.09

Home prices down – but not as much as the month before

The slowing pace of decline suggests that the US housing market is moving toward stabilization.

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