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Growth and jobs
Growth and jobs
At this rate, we wouldn't reach anything that feels like full employment until well into the second Palin administration.
National Accounts Show Stimulus Did Not Fuel GDP Growth
National Accounts Show Stimulus Did Not Fuel GDP Growth
johnbtaylorsblog.blogspot.com — Along with the news that real GDP growth improved from -0.7 percent in the second quarter to... 3.5 percent in the fourth quarter, the Bureau of Economic Analysis (BEA) released detailed National Income and Product Account tables yesterday, which ... (more) National Accounts Show Stimulus Did Not Fuel GDP Growth
Jobs Report Preview
economix.blogs.nytimes.com — On Friday, the Bureau of Labor Statistics will release the jobs report for October. Here's what to... look for. (more) Jobs Report Preview
Today’s Jobs Report
crossingwallstreet.com — Ugh! Today’s jobs report was ugly. Hideous. The nation’s unemployment rate is now up to 10.2% which... is the highest in 26 years. Even though the economy may be growing, we’re not creating jobs. Here are some stats to consider. Over the past two ... (more) Today’s Jobs Report
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"A Shaky Start"
Economist's View — ... The need to at least maintain the stimulus we have, if not increase it, is enhanced by the fact that even though a 3.5% growth rate is far better than the negative rates we have seen recently, it’s not nearly enough to make up for the output we lost during the crisis in a reasonable amount of time (Paul Krugman says that at this rate, “we wouldn’t reach anything that feels like full employment until well into the second Palin administration”). The recovery period from past recessions were ...

"A Shaky Start"
Economist's View — ... The need to at least maintain the stimulus we have, if not increase it, is enhanced by the fact that even though a 3.5% growth rate is far better than the negative rates we have seen recently, it’s not nearly enough to make up for the output we lost during the crisis in a reasonable amount of time (Paul Krugman says that at this rate, “we wouldn’t reach anything that feels like full employment until well into the second Palin administration”). The recovery period from past recessions were ...

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