Wednesday, November 11, 2009

Saturday, November 7, 2009

Who's Hurting The Most?

The U6 Number Has Reached 17.5%

The Labor Department's broader measure of unemployment has surged to 17.5% of the labor force, putting it on par with the worst numbers of any recession since the 1930s. The reality is that the situation will get worse before it improves. With history as our guide, unemployment numbers typically don't peak until well after the trough in the business cycle has been reached. In the aftermath of the recession in 1990-91, unemployment reached its summit 19 months after the official end. That could mean that unemployment will increase throughout all of 2010. Click on the title above to read the details.

Thursday, November 5, 2009

Near New Yankee Stadium, Merchandise Shops Say Sales Are Off - NYTimes.com

Near New Yankee Stadium, Merchandise Shops Say Sales Are Off - NYTimes.com

Decrease In Hours Worked Sends Productivity Soaring - Planet Money Blog : NPR

Decrease In Hours Worked Sends Productivity Soaring - Planet Money Blog : NPR

The Best Places To Be Unemployed


President Obama is likely to sign legislation this week to extend benefits to the unemployed for at least an additional 20 weeks. In the hardest hit states, the jobless can potentially have "enjoyed" up to 99 weeks of aid. But if you click on the title above you'll read of far more generous countries with benefits that make ours look paltry.

Wednesday, November 4, 2009

The Benefits Of Falling Fertility Rates

What Was The Real Cause Of This Recession?


Click on the title above to access a debate over the origins of the recession. Most people believe that it's the result of the "paradox of thrift", saving is what killed the economy. But some data may tell us otherwise.

Can You Name The Famous Economists?


Click on the title and take the quiz.