Jack Welch's tweet wasn't the only piece of nonsense written last week about the reported decline in the unemployment rate to 7.8% in September. The decline in the standard measure was questioned by...

While the net external financial surplus, which offsets the current account deficit, has remained broadly unchanged at around 3% of GDP over the past few years, the separate financial inflows and...

The latest monthly data suggest that business investment contracted slightly in the third quarter, probably because of a growing caution with the fiscal cliff looming closer and the euro-zone crisis...

The sharp rise in the share of employees working part-time may not be as big a concern as it seems at first sight. After all, most of these extra part-timers are still working between 30 and 35 hours...