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    Economics / banking, bankruptcy, commercial real estate, deficits, Federal Reserve Board, fiscal policy, inflation, interest rates, Reagan, real estate, regulation, unemployment /

    Bits and Pieces

    November 10, 2009

    This is an abnormally quiet week for economic data. Just about the only news we will see is the usual weekly unemployment claims series on Thursday. So that gives me an opportunity to catch up on a number of bits and pieces. Inflation and Interest Rates The talk about the need for a tightening in […]

    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 […]

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