Unemployment

Highlights The US dollar remains under relentless pressure.  Even though the ADP has tended to under under-estimate private sector job growth, the unexpected weakness reported yesterday is the latest catalyst for expectations of…

by Rick Bookstaber This reflects my personal opinion, not the views of the SEC or its staff. I just finished reading Robert Reich’s new book, Aftershock. The critical points of the book are well presented in his pre-publication New York…

Also see: Big Interview: Goolsbee Defends Obama Record on Business - Real Time Economics

I mostly liked this video but I ask "Is this an accurate depiction?"  It definitely has a slant – one that I don't necessarily agree with and that seems political. The subtext at the beginning of the video:…

From the U.S. Department of Labor: In the week ending Sept. 25, the advance figure for seasonally adjusted initial claims was 453,000, a decrease of 16,000 from the previous week's revised figure of 469,000. The 4-week moving average…

During this credit crisis, you keep hearing talking heads act as if deflation is the worst thing that could hit an economy. Just a few years ago we kept hearing people talking about inflation as if it were the thing to avoid. Now suddenly,…

John Hussman's latest weekly newsletter talks a lot about the anger that Americans feel at being told the recession ended in June 2009 when the economy is still losing jobs. He makes some very good points. See this Economix piece which…

The weekly jobless claims are not often the stuff that moves the foreign exchange market, but the disappointment with today's data is noteworthy and hitting the the fx market as the foreign currencies began recovering from the profit-taking…

Professor Paul Davidson wrote the following reply to comments in my recent Bill Clinton Interview post regarding the the causes of the current recession. He believes that this issue has to become a focus of public attention and that the…

The main street reaction to the NBER's determination of a recovery starting in June 2009 has been – as expected – angry. Here are a few sample comments to my post on the recession's end: Obviously we need to redefine…