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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: Bloomberg  News

Date: 6/05/2009

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 – two hard hit and large employers in the economy? Explain your thinking.

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