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Tag: US Jobless

American dream turns elusive in US white heartland

Indicating deteriorating economic security and an elusive American dream, four out of five US adults – many of them white – struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives, largely due to an increasingly globalised US economy, the widening gap between rich and poor, and the loss of good-paying manufacturing jobs ...

Job gains signal US doing better than GDP shows

Key US economic indicators – such as tax receipts, consumer confidence, as well as auto and home sales – are confirming the improvement in the labour market, but GDP seems to be overstating the weakness in output ...