The U.S. lost fewer jobs than forecast in May, reinforcing signs that the deepest recession in half a century is starting to abate.
Source: BloombergÃ‚Â News
Keys: Economy, business cycle, economic indicators, employment
Questions for discussion:
- The economic indicators suggest that the recession is ending. Which businesses do you think will likely be first to re-hire employees as the economy begins to recover? Explain your answer.
- What you do think the employment prospects are likely to be in the auto and construction industries Ã¢â‚¬â€œ two hard hit and large employers in the economy? Explain your thinking.