Private sector payrolls increased by 212,000 jobs and overall payroll employment rose by 200,000 jobs in December, while the unemployment rate fell 0.2 percentage point to 8.5 percent, the lowest level since February 2009
January 6, 2012 at 10:36 AM ET by Alan Krueger, Alan B. Krueger
The economy posted the ninth straight quarter of positive growth, as real GDP (the total amount of goods and services produced in the country) grew at a 2.5 percent annual rate in the third quarter of this year
October 27, 2011 at 9:39 AM ET by Katharine Abraham
Chairman of the Council of Economic Advisers Austan Goolsbee discusses a new report that shows the growth rate of the economy continued to increase in the final quarter of 2010, a further sign that the economy continues to gain momentum as it recovers from the worst recession since the Great Depression.