The frequency of “double dip” searches keeps increasing, see Google Trends …
Posts Tagged recession
From the BLS: Job Openings and Labor Turnover Summary There were 3.2 million job openings on the last business day of May 2010, the U.S. Bureau of Labor Statistics reported today
CR Note: Reader “some investor guy” has put together some data on sovereign default risk. This is the first in a series of posts. Debt issued by governments worldwide is immense
My forecast is for U.S. economic growth to slow in the 2nd half (a sluggish and choppy recovery), but not slide into recession. However a recession is a possibility, and the following describes how NBER differentiates between a “double dip” and a new recession.
A couple of stories … From the NY Times: Illinois Stops Paying Its Bills, but Can’t Stop Digging Hole For the last few years, California stood more or less unchallenged as a symbol of the fiscal collapse of states during the recession. Now Illinois has shouldered to the fore, as its dysfunctional political class refuses to pay the state’s bills and refuses to take the painful steps — cuts and tax increases — to close a deficit of at least $12 billion, equal to nearly half the state’s budget.
From the BLS : Total nonfarm payroll employment declined by 125,000 in June, and the unemployment rate edged down to 9.5 percent, the U.S. Bureau of Labor Statistics reported today. The decline in payroll employment reflected a decrease (-225,000) in the number of temporary employees working on Census 2010
Below is the third installment of a five-part series, Too Little to Save , in which the National Council of La Raza (NCLR) highlights a family and describes their struggle with foreclosure. Mr. and Mrs
No one has a crystal ball, but it appears the U.S. economy will slow in the 2nd half of 2010.
Early this morning, lawmakers finalized the banking reform bill. The “Restoring American Financial Stability Act of 2010″ is a great victory for consumers, who will now have vastly improved protections against predatory lending. The bill also contains very strong and much-needed foreclosure assistance
It is easy to forget that, unlike money, there is a limited supply of gold.
