The share of Americans 65 and older with mortgage debt rose to 30 percent in 2011 from 22 percent in 2001.

Concern that the future of the federal safety net for seniors is precarious and the ubiquity of 401(k)s are prompting those born from 1979 to 1996 to get an earlier start on saving than prior generations, according to a report from the Transamerica Center for Retirement Studies.

Payrolls climbed in 39 states and the District of Columbia in April and the unemployment rate fell in 43 states, showing the labor market was strengthening.

Jobless claims dropped by 24,000 to 297,000 in the week ended May 10.

Members of the millennial generation, the estimated 85 million born from 1981 through 2000, prove less restless than their forebears.

Employers in the U.S. posted fewer job openings in March, showing the surge is hiring last month will be difficult to sustain.

Compared with young adults from the generation prior, so- called Millennials in 2010 were more likely to own homes and retirement accounts and have bank deposits.

American workers were less productive in the first quarter as harsh winter weather prevented some from getting to their jobs, causing the economy to stall.