The government’s monthly job report on Friday showed that the disastrous labor situation plaguing the nation’s economy is moderating. But the report also underlines an unsettling reality: 8.4 million jobs have been vaporized since the recession began, and digging out won’t be easy.
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2010
5
Feb
2010
26
Jan
Just a year after he unleashed a flood of dollars in a bid to prevent a second Great Depression, Bernanke’s job is on the line. More than a dozen senators have said they will oppose his reappointment after his first term ends on Jan. 31. The rest of the vote counting is still in question.
2009
4
Dec
The long-suffering U.S. jobs market improved significantly in November, as employers trimmed the fewest jobs of any month since the start of the recession, and the unemployment rate posted the biggest one-month decline in more than three years.
