A job fair in Philadelphia. More to come?
While some statistics have signaled that the U.S. economic recession might be over, the things that matters most to most people — jobs — haven't been coming back. The nation's unemployment rate last month was 9.8% and most economists expect it will hit 10% or a bit above in coming months.
So some news today from the National Association for Business Economics should be welcome: NABE says its latest survey of 78 top economists shows:
Respondents expecting their firms to add employees over the coming six months exceeded the number expecting job cuts for the first time since the recession began.
Translation: There's hope in the survey on the employment front, for the first time since December 2007 — the start of the recession.
USA TODAY says the survey "provides fresh evidence that a fitful recovery is underway."
Planet Money follows the economy here.




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