Tag: unemployment rate
The Coming Recession: Not If But When
While still enjoying the longest economic expansion in our nation’s history, we are seeing growing signs that a recession will soon be upon us. The only question is “When?” Economists look for three warning signals. The most complicated signal – an inversion of short-term and long-term interest rates, set off Wednesday’s huge stock market sell-off. Since bond investors […]
Show Me The Jobs!
While the economy has definitely shown signs of life this year, no one expected the April jobs report to be such a shock. In fact, when I first saw the jobs number, I actually thought it was a misprint! Here’s the deal… Last months’ jobs report showed a 288,000 gain in employment. That’s a huge […]
Hey Washington… Quit Bickering And Create Some Jobs!
Washington’s handling of the debt ceiling crisis can be summed up in one word… disgraceful. With time running out at the end of last week, it looked like a deal would never get done. On Friday, House Republicans wasted precious time passing a bill, which they knew Senate Democrats would never agree to. And for […]
