Behind The Numbers: Slow Job Growth Is A Problem; Long-term Unemployment Is A Crisis

Perhaps the most depressing aspect of last week's report -- and the recovery in general -- is the huge number of long-term unemployed workers

Topics:  long-term   
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    Although both gold and silver came close to suffering major technical breakdowns this spring, no long-term damage was actually done ... The supposedly stellar unemployment numbers overlook millions of jobless Americans who aren't counted as officially ...
    06/11/2018 - 12:18 am | View Link
  • Australia & New Zealand Weekly: Public Demand and Exports Lift Australian Growth above Trend, But Consumer Still Patchy
    GDP increasing by 3.1% over the year, and by 3.6% for the nonfarm economy, brings output growth more in to line with job creation ... will remain entrenched and see growth slow materially through 2018 and 2019. The long-term growth potential of the ...
    06/8/2018 - 4:42 am | View Link
  • Alternatives to the Fed’s 2 percent inflation target
    Bernanke, among others, doubts that a higher inflation target is a good solution to the problem ... period of very slow growth. In a recession, the public might welcome lower interest rates and higher inflation if that brought down unemployment.
    06/7/2018 - 9:56 am | View Link
  • Cleveland Fed’s Mester says the Italian turmoil and a flattening yield curve haven’t changed her interest-rate view
    The unemployment rate, I expect ... Well if you look at the SEP, what you’ll see there is that policy path has the policy rate going above the long-term [neutral] rate. And that is the typical thing that you see when the policy makers are having to ...
    06/1/2018 - 2:29 am | View Link
  • Economic Numbers Are Less Than Meet the Eye
    America has a missing workers problem that accounts in large measure for the slow growth, persistent low inflation ... He was the principal negotiator of the rescue of Long-Term Capital Management L.P. (LTCM) by the U.S Federal Reserve in 1998.
    05/11/2018 - 9:36 am | View Link
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  • Shadow Government Statistics
    ShadowStats Newsletter "John Williams’ Shadow Government Statistics" is an electronic newsletter service that exposes and analyzes flaws in current U.S. government economic data and reporting, as well as in certain private-sector numbers, and provides an assessment of underlying economic and financial conditions, net of financial-market and ...
    06/16/2018 - 8:53 am | View Website
  • Technological unemployment
    The term "Luddite fallacy" is sometimes used to express the view that those concerned about long term technological unemployment are committing a fallacy, as they fail to account for compensation effects.
    06/16/2018 - 3:16 am | View Website
  • The Employment Situation
    - 2 - The number of long-term unemployed (those jobless for 27 weeks or more) was little changed at 1.2 million in May and accounted for 19.4 percent of the unemployed. Over the past 12 months, the nu
    06/16/2018 - 1:43 am | View Website
  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    06/15/2018 - 10:44 pm | View Website
  • Unemployment in India
    Numbers always tell a story. Economic statistics are quite adept at that. Colorful, vivid stories. And sometimes scary ones. 416 Positions Available.
    06/15/2018 - 12:36 pm | View Website
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