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US economy thrives while others struggle

America has made significant progress in working off the debt-driven excesses that precipitated a bad recession

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POSITIVE OUTLOOK: A sign posted on a shopfront window offering employment opportunity in Pasadena, California. US unemployment dropped to a six-year low of 5.9 per cent in September as payrolls rose by a greater-than-forecast 248,000, a Labor Department report showed.

Washington

THE US is proving to be an oasis of prosperity in the midst of a troubled world economy.

Unemployment dropped to a six-year low of 5.9 per cent in September as payrolls rose by a greater-than-forecast 248,000, a Labor Department report showed on Friday. Other data