recession

(WWJ Photo/Jeff Gilbert)

Auto Sales Won’t Come Back As Fast As Expected

While car sales won’t completely recover as fast as many analysts were expecting, a new report says domestic auto companies will get a growing part of that slowly recovering market.

WWJ Newsradio 950–06/15/2011

istockphoto

Analysts: Michigan Recession Is Over

According to new government data, the recession in Michigan ended last year. UM Economist Donald Grimes says even though our economy saw its best growth in 8 years, consumers are still apprehensive.

WWJ Newsradio 950–06/08/2011

iStockphoto

Unemployment Report: Summer Vacation… But Not By Choice

The Department of Labor released May unemployment figures, which show an increase in unemployment to 16.5% for Americans ages 18-24.

WWJ Newsradio 950–06/03/2011

traffic

Study: Recession Led To Fewer Traffic Delays

Metro Detroit drivers lost 33 hours a year to traffic delays, according to the study. That is down from 42 hours in 2006 and 2007.

WWJ Newsradio 950–01/20/2011

Congress Approves Tax Cuts, Renews Jobless Benefits

Congress sent President Barack Obama sweeping, bipartisan legislation to avoid a Jan. 1 spike in income taxes for millions and renew jobless benefits for victims of the worst recession in 80 years.

WWJ Newsradio 950–12/17/2010

Unemployment Claims Drop Sharply To 434K

Fewer people applied for unemployment benefits last week than in any week since July, a hopeful sign that the job market is improving. Still, economists cautioned that the trend would have to continue for several […]

10/28/2010

President, GOP Debate Financial Reform, Stimulus

President Barack Obama says consumers would lose if Republicans regain power in Congress and try to roll back his hard-won Wall Street overhaul.

10/23/2010

Suburbs Take Hit As U-S Poverty Climbs In Downturn

Battered by the downturn, America’s suburbs are bearing the brunt of poverty that has climbed to near-historic levels, creating strains on dwindling safety-net programs focusing mostly on the inner-city poor.

10/07/2010

Economy Pitch Mainly A Blame Game For Both Parties

If you don’t like the economy, blame President Barack Obama and Democrats because they’re making times tougher, Republicans are telling voters entering the four-week homestretch to an election the GOP hopes will return the party […]

10/03/2010

Federal Reserve To Discuss Interest Rates

Federal Reserve policymakers are wrestling with what additional steps – if any – should be taken to strengthen the plodding economy and drive down near double-digit unemployment.

09/21/2010

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