US economy: Steady as she goes

America's economy will hum along its path of moderate growth, adding 4.7 million jobs through the end of next year, say University of Michigan economists.

Consumer confidence plunges in December

(Phys.org)—Confidence plunged in December as consumers confronted the rising likelihood that political gridlock would push the country over the fiscal cliff.

Employees' interests predict how they will perform on the job

(Phys.org) -- When evaluating job applicants, employers want to be sure that they choose the right person for the job. Many employers, from consulting firms to federal agencies, will ask prospective employees to complete ...

Faced with job loss? Perception is everything

(PhysOrg.com) -- When faced with job loss, people who consider themselves poor may limit employment prospects by believing they have a smaller social network than they actually do, says a University of Michigan business professor.

Student loan default rates jump

The number of borrowers defaulting on federal student loans has jumped sharply, the latest indication that rising college tuition costs, low graduation rates and poor job prospects are getting more and more students over ...

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