The unemployment rate* fell from 10.2% to 10%. Although this percentage number may seem small, this number partially represents the over 7 million jobs lost over the last 2 years. And any glimmer of hope for the unemployed during the coldest time of the year is great.
Many thought the unemplyment rate to worsen [...]

The economy seems to be quietly making a turnaround. New jobless claims, which consist of newly unemployed persons, fell this month to its lowest level in over a year. The number of newly unemployed persons went to slightly over 466, 000 persons. In addition, the level of persons on unemployment benefits [...]

With record high unemployment levels and Americans feeling the cash pinch of the recessive national economy, many households have allowed their retirement plans to lag behind. Extra cash that was previously used to pay into a retirement account is being used to make ends meet during tough economic times. Likewise many companies suspended [...]

The stock market’s Dow Jones Industrials index recently reached the 10,000 mark and although the stock market hasn’t reached that mark in over a year, what is the significance of this seemingly random financial statistic to non-stock market investors?
The movements of the stock market reflect the confidence of investors in our economy’s corporate future. [...]