The Radford Free Press – Page 439 – All life is problem solving.

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

Rotten Unemployment Numbers

November 6, 2009

This morning’s release of the unemployment figures for October can only be described as disappointing. The unemployment rate came in at 10.2%, way above the consensus expectation and rising to a level equal to the worst of the 1982/83 recession. This is just rotten. This is exactly the situation I was describing yesterday: it seems […]

Economics / jobs, recovery, unemployment /

Today’s News: All About Jobs

November 5, 2009

Today and tomorrow we will experience a one-two punch with regard to the job outlook. So far this week we have seen the data suggest we are inching out of recession, the GDP figure last week showed more rapid growth but I think for the bulk of the economy the word ‘inching’ just about sums […]

Economics / ADP Employment Report, ISM Business Conditions Index, Keynes, recession, recovery, stimulus, unemployment /

More Mixed Messages

November 4, 2009

Yesterday I reported that the news generally supported the view that we are well into recovery, albeit we are still in its early days. Today the news is decidedly more mixed. Such is life at this point of an economic cycle. The two data points we have to chew on today are the Institute of […]

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