The American economy America’s lost oomph – The Economist
The Economist |
The American economy America's lost oomph
The Economist BACK in the mid-1990s, America's economic prospects suddenly brightened. Productivity soared. Immigrants and foreign capital flocked to take advantage of what was quickly dubbed the “New Economy”. The jobless rate fell to 4%, yet inflation remained low. The economy's big mystery: Why workers are disappearing from the job market U.S. labor force decline threatens economy, Obama's economists say |
