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I See No Signs of Employment Growth Here…

Sigh. I really want to see seasonally-adjusted unemployment claims below 400K. I really, really, really want to see that…

[ More ] January 28th, 2010 | No Comments | Posted in Economics |

PBS Annotated State of the Union, Excerpted

Barack Obama: >The Annotated State of the Union | Online NewsHour | PBS: Madame Speaker, Vice President Biden, Members of Congress, distinguished guests, and fellow Americans…. >But when I ran for President, I promised I wouldn’t just do what w…

[ More ] January 28th, 2010 | No Comments | Posted in Economics |
 

The stimulus plan, unemployment and economic theory: Why I don’t believe in fairies

By Roger E.A. Farmer
For the past nine months I have been presenting some new ideas at academic conferences where economists have been grappling with the current financial crisis. Boston, Montreal, Amsterdam, London, Cleveland, Sydney, Atlanta … …

[ More ] January 28th, 2010 | No Comments | Posted in Economics |

Sentance inflation warning over-inflates the problem

Inflation may be a threat, as Andrew Sentance suggests, but there are other problems to overcome firstDepending on your point of view, the monetary policy committee’s external member Andrew Sentance is either showing the bulldog spirit of British confidence or simply blind, but misplaced, optimism.His latest speech repeats his view that inflation could prove stronger [...]

[ More ] January 28th, 2010 | No Comments | Posted in Economics |
 

CBO Is More Optimistic than I Am

The CBO has its *Economic and Budget Outlook* out: The two most noteworthy of CBO’s analytical judgements, from my perspective: 1. Unemployment is not going to get much higher, but it is likely to stay above 8% until the second half of 2012 (and there …

[ More ] January 26th, 2010 | No Comments | Posted in Economics |

Poll | Does it feel to you as though the recession is over?

GDP figures are expected to show that the UK economy has returned to growth, even as worse unemployment statistics arrive. How does it feel to you?

[ More ] January 25th, 2010 | No Comments | Posted in Economics |
 

The Employment Challenge

I was pondering the other day about the economy, unemployment, recession-recovery, and it got me thinking about a topic I think is very important. This post takes a very different track from the usual analysis – in fact I will issue you a challenge.

[ More ] January 22nd, 2010 | No Comments | Posted in Economics |

More or Less, last episode of the series

The last episode of this series of More or Less airs on Radio 4 at 1.30 GMT today.
This week, we parse the unemployment numbers and ask why they haven’t risen as fast or as far as expected; Chris Bowlby asks whether we should pay so much attentio…

[ More ] January 22nd, 2010 | No Comments | Posted in Economics |

Surprise drop in unemployment presents Brown with pre-election gift

PM seizes on first joblessness fall since recession to boost recovery talk and raise prospect of billions in savingsGordon Brown received a double ­pre-election boost today as the first fall in the government’s key jobless ­measure since the start of the recession raised the prospect of £17bn in savings from falling unemployment over the [...]

[ More ] January 21st, 2010 | No Comments | Posted in Economics, Finance |

Unemployment statistics where you live: benefit claimants constituency by constituency

With UK unemployment rapidly increasing, these figures show benefit claimants in each UK parliamentary constituency• Get the dataIs unemployment actually starting to go down? And what’s the position where you live?The Office for National Statistics (ONS) reported this morning that Britain’s claimant count measure of unemployment unexpectedly fell for the first time since February [...]

[ More ] January 20th, 2010 | No Comments | Posted in Economics |
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