Federal Reserve policymakers last month saw signs that the economy was healing after its winter slump but still wanted more signs of improvement before they began raising interest rates.
Job openings stayed close to a 15-year high in May. It's a sign that companies are expecting continued economic growth, but the level of advertised jobs has yet to drive the same kind of increase in actual hiring.
The U.S. economy contracted in the first three months of the year, just not as much as previously estimated. More recent data show that the weakness was largely temporary, with a rebound in the works for the April-June quarter.
The U.S. economy was growing at a moderate pace in most regions of the country in April and May, as consumers ramped up spending at retailers and auto dealers, the Federal Reserve said Wednesday.
The number of available jobs in the U.S. fell in March, though companies filled more of their open positions in a sign they are still confident enough to hire.
As college graduation ceremonies play out across the country over the next couple weeks, a brand new group of young adults will head into the real world, hoping to cash in on the recovering economic conditions.
ACT test takers take note: The No. 2 pencil is losing its cachet. Greater numbers of high school students will be able to take the college entrance exam on a computer next year.
WASHINGTON (AP) -- Quitting your job - all but unheard of during and after the Great Recession - is becoming more common again. That could mean pay raises are coming for more Americans.