Traditionally, gas prices have risen in the spring and peaked during the high-demand summer months. Last year, though, prices …
unemployment
The Recession in Pictures: America Copes with a Stagnant Economy
Economist Kenneth Rogoff says we shouldn’t call what happened to America in 2008 and 2009 a “Great Recession,” because it understates the true nature of the crisis. Recessions are frequent events from which we can quickly …
When Central Bankers Attack: Why Ben and Company Can’t Save the Global Economy
New action by central banks around the world has cheered markets, but the boost will only be temporary
New Public-Private Partnerships: The President’s Stealth Plan To Create Jobs?
As casual reading, the Presidential Memorandum “Accelerating Technology Transfer and Commercialization of Federal Research in Support of High-Growth Businesses,” released Oct. 28, 2011, is about as riveting as the Department of …
Top Reasons Why Americans Stay At Their Jobs (And What It Means For The Presidential Campaign)
What’s the No. 1 reason people continue working for their employer? Is it the pay? The benefits? A lack of better options? Those are obvious answers, especially given today’s unemployment numbers and sluggish economy. But they’re …
9 Reasons Why This Economy Feels So Bad
The recent slump has been unusually painful, and the feeble recovery has been disappointing. But today’s economy seems even worse than it actually is
Unemployment Rate Ticks Up to 8.3% — But There’s Good News, Too
The unemployment rate rose to 8.3% in July, but it’s probably the most hopeful jobs report in months.
Spain on Edge as Focus Shifts from Banks to State’s Finances
As Spanish antiausterity protesters take to the streets, financial markets switch focus from the nation’s messed-up banks to the wobbly state of its finances
Is High Unemployment Making Us All Sick?
Our persistently high unemployment rate is not only bad for the economy, it’s bad for our bodies and souls as well. Unemployment wears down the unemployed both mentally and physically. But high unemployment also hurts those …
There’s One Upside For Unemployed Older Workers: Happiness
A recent study suggests that there’s at least one upside for the millions of beleaguered older Americans among the nation’s long-term unemployed: Unlike their working peers, retirement — officially calling it quits –actually …
Why the New Egyptian President’s Biggest Worry Could Be the Economy
Rising debt and lower growth threaten to derail Egypt’s revolution as much as grasping generals do. President Morsy’s political fate may depend on whether or not he can turn around a staggering Egyptian economy
Curious CapitalistEconomics
Money Talking: What Matters More to Voters, Gas Prices or Jobs?
A lot of people say gas prices will affect the election. But, in fact, the unemployment rate is a lot more important as a political predictor. New York Times columnist Joe Nocera and I examine the connection between economics and elections — as well as how lousy we all are at predicting risk, and the top financial news of the week — on …