The Radford Free Press – Page 355 – All life is problem solving.

Economics / jobs, recession, recovery, stimulus, unemployment /

What Jobs?

October 8, 2010

The jobless recovery chugs along. That’s the conclusion we draw from today’s very poor jobs report from the government. Total non-farm payrolls dropped by 95,000 in September, which was much worse than the consensus and August’s loss of 57,000. This is simply not good enough. The fact that private sector employment edged up by 64,000 […]

Economics / bank capital, bank reform, banking, Bernanke, china, consumption, exports, GDP, Germany, Goldman Sachs, imports, interest rates, Japan, jobs, Minsky, Spain, trade, trade balance, unemployment /

Jobs; Trade; Banks … Ho Hum And Bun Fights

October 7, 2010

This is getting dull. Really dull. The economy refuses to shift gears. Wall Street twitters on about nothing in particular. Central Bankers are even more confused and surly than usual. Businesses are sitting on piles of cash and complaining that no one cares about them. Banks are in a snit over being asked to play […]

Economics / consumption, deficits, Federal Reserve Board, fiscal policy, interest rates, jobs, monetary policy, recovery, stimulus, unemployment /

Weak Jobs News, So Where’s The Stimulus?

October 6, 2010

The payroll processing company ADP released its regular report on payroll growth today. The news was not good. The private sector payrolls covered by ADP shed 39,000 jobs in September. Anyway you cut it this is a weak performance. The consensus amongst Wall Street analysts had been an expectation of poor growth, by about 20,000, […]