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<p>Technician Shawn Cable repairs a video game console at the Laptops Plus computer store in Winter Park, Fla., Thursday, Jan. 5, 2012. A burst of hiring in December pushed the unemployment rate to its lowest level in nearly three years, giving the economy a boost at the end of 2011. (AP Photo/John Raoux)</p>

<p>Technician Shawn Cable repairs a video game console at the Laptops Plus computer store in Winter Park, Fla., Thursday, Jan. 5, 2012. A burst of hiring in December pushed the unemployment rate to its lowest level in nearly three years, giving the economy a boost at the end of 2011. (AP Photo/John Raoux)</p>

January 7, 2012

Stories this photo appears in:

Economy picking up steam
January 7, 2012 8:15 p.m.

Economy picking up steam

WASHINGTON - Four painful years after the Great Recession struck and wiped out 8.7 million jobs, the United States may finally be in an elusive pattern known as a virtuous cycle - an escalating loop of hiring and spending.