bonddad.blogspot.com - 9/11/2009
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Now that most economists believe that the economy has ended the recession and entered recovery (defined by GDP terms), the question remains, "when will the economy start to add jobs?" This point was aptly made by Paul Krugman, who last week said on his blog , "the fact that the economy may be ...
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when wil unemployment improve?
Decline and Fall of Western Civilization —
bonddad blog with the first of a multipart series -- but the answer might be sooner than you think. ... I believe that the economy will start to add jobs when the initial jobless claims rate drops past 550,000, and stays significantly under that number (about 530,000 or less) for three months, or else quickly drops under 500,000. But of course, that begs the next question, which is, how can we tell if jobless claims are moving in that direction or not? There are several other data sets that help pinpoint this, and that's what I'll explore next week. ...
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