Unemployment Data Is Disturbing, Underemployment Numbers Are Staggering
Filed under: Economic Data, Financial CrisisThis morning, my colleague Connie Madon reported that initial jobless claims showed a disappointing gain of just 39,000 jobs and an unemployment rate at a seven-month high of 9.8%. Remember that the Street ex...
Survey: Economic Recovery to Drag Through 2011
Filed under: Economic Data, Recession
According to an Associated Press survey of leading economists, jobs and home values will stay unstable into 2011. The survey indicates that the recovery is going to continue trudging along through the year, which should prompt...
Roubini Warns About Recovery, Praises Obama
Filed under: Economic data, Financial Crisis
Over in Davos, Switzerland, Dr. Nouriel Roubini continues to live up to his nickname, Dr. Doom. According to MarketWatch, the New York University economist said in a crowded gathering that developed economies will see a slowdown in the...