What The 'New Normal' Means For Americans

 

The sluggish U.S. economy disappointed most forecasters, not to mention job seekers, in the first half of this year.

It grew at an annual rate of just under 2 percent, which is below the average for the last half-century when the U.S. economy grew about 3 percent each year.

And although it may not seem like much, that 1 percentage point makes a big difference — influential analysts are saying we're in for a "new normal."

What The 'New Normal' Means For Americans