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Expect Seven Years of Subpar Growth and High Unemployment
globaleconomicanalysis.blogspot.com - 7/18/2009
Expect Seven Years of Subpar Growth and High Unemployment
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BLS data shows Unemployment Rate Tops 10% In 15 States . Unemployment topped 10 percent in 15 states and the District of Columbia last month, according to federal data released Friday. The rate in Michigan surpassed 15 percent, the first time any state hit that mark since 1984. The Federal ...
Average length of unemployment highest since 1948.
online.wsj.com - 7/14/2009
Average length of unemployment highest since 1948.
— online.wsj.com — MORTIMER ZUCKERMAN The recent unemployment numbers have undermined confidence that we might be nearing the bottom of... the recession. What we can see on the surface is disconcerting enough, but the inside numbers are just as bad. The Bureau of Labor ... (more) Average length of unemployment highest since 1948.

Comments vote down naked capitalism found this 7/14/2009found this
baselinescenario.com - 7/25/2009
But What Does It Mean for Me?
— baselinescenario.com — I’ve gotten a couple questions along the lines of: What do the crisis, the recession, and the... recovery (of the banking sector) mean for ordinary people? I don’t think there’s any systematic way to answer this question, so I will simply offer some observations and guesses.  ... (more) But What Does It Mean for Me?

Comments vote down jamesykwak jamesykwak posted 7/25/2009posted this
500,000 Will Exhaust Unemployment Benefits by September, 1.5 Million by Year-end
globaleconomicanalysis.blogspot.com - 7/20/2009
500,000 Will Exhaust Unemployment Benefits by September, 1.5 Million by Year-end
— globaleconomicanalysis.blogspot.com — The Emergency Unemployment Compensation (EUC) program began in June 30,2008. Benefits under the act have now been... extended twice. Unless Obama extends the program a third time, it's the end of the line for many receiving unemployment benefits. Please ... (more) 500,000 Will Exhaust Unemployment Benefits by September, ...

Comments vote down TraderFeed found this 7/20/2009found this

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UpsideTrader:  And That’s The Way It Was

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And That’s The Way It Was
UpsideTrader — ... is getting ready. Biden on Economics 101, piss it away so we don’t go broke. A nice analysis on trading in Mosaic (MOS) last week, I’m short. 8 lifestyles of the rich and incompetent. Unemployment tops 10% in 16 states. Old Media , more death. I wonder what the Vegas prop line is on Bartiromo VS. Burnett Channeling Milton Friedman. Gasparino , the Pugnacious Pundit. Faber says the ultimate crisis is coming. 7 years of bad luck. Health plan hits a big snag.………and their claims just don’t add ...

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