US employers cut back on hiring in April and more people gave up the hunt for work, dimming hopes the economy was turning a corner just as President Barack Obama
No wonder many Americans feel as if the economy never recovered at all.
The incomes of US workers adjusted for inflation fell even more rapidly since the rebound
The economy might have weathered the the global slowdown successfully so far, but it faces challenges in the next three quarters, especially with high inflation and fragile worldwide recovery, says leading global consultancy Deloitte.
Industry body Assocham has said that 87.37 million new jobs will be created in India by 2015 with the manufacturing sector contributing the most on the back of recovery in the economy.
Newspapers are full of reports heralding the news of a revival in the art market.
FM said it is a recovery process from the earlier slowdown caused by the global financial crisis.
In what could be more good news for the under-pressure Indian IT sector, Forrester Research has said that the US technology market will start recovering from the downturn in Q4 '09
Oil eased in Asian trade today as traders continued to evaluate the pace of recovery.
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