1. Farmer’s Folly: Bringing the Nikkei Godzilla to America
(Matching tags: economy, recession, unemployment, employment, consumption, stock market crash, asset prices, S&P 500, investment)

... maintain full employment?  Farmer kindly provided me the data behind his 2012 paper The stock market crash of 2008 caused the Great Recession: Theory and evidence.  Using pre-1980 data to fit ...

2. Back to Full Employment
(Matching tags: economy, recession, jobs, labor market, unemployment, recovery)

By the conventional “peak to trough” measure, the recession that began in December 2007 ended 18 months later, in June 2009. But you’d be hard-pressed to find much evidence of “recovery” in the labor market.  ...

3. JOLTS and Structural Unemployment
(Matching tags: economy, recession, jobs, unemployment, recovery)

Every month, the Bureau of Labor Statistics conducts the Job Openings and Labor Turnover Survey (JOLTS). The survey asks businesses questions about hirings, firings and layoffs, workers quitting, and the ...

4. American Recovery and Reinvestment Act was a Missed Opportunity
(Matching tags: economy, recession, housing bubble, stimulus, recovery)

As part of Zócalo Public Square's "Up for Discussion" series, Dean Baker discussed the topic "Will the [American Recovery and Reinvestment Act of 2009] eventually be remembered as a new “New Deal”?" — ...

5. Poor Sales, Not High Wages, Worry Small Businesses
(Matching tags: economy, recession, jobs, labor market, minimum wage, businesses)

... between 3% and 5% since the beginning of the recession in December 2007.  In the most recent data, the percentage fell to 2%, its lowest level since the start of the recession.   ...

6. Labor Market Policy Research Reports May 18 - 25, 2012
(Matching tags: health care, recession, jobs, labor market, unemployment, unions, paid time off)

... Marie-Eve Augier Economic Policy Institute Labor force participation: Cyclical versus structural changes since the start of the Great Recession Heidi Shierholz Employment Policy Research Network ...

7. Should We Cut Cancer Research to Pay for More Bombers?
(Matching tags: economy, recession, jobs, unemployment, defense, budget)

This is the agenda of many Republicans as we start to get closer to the date where the sequestration rules from a 2011 budget agreement will actually bite. The deal was structured so that the immediate ...

8. Public Pensions as Stimulus and the Problem of Recession Deniers
(Matching tags: economy, recession, Keynes)

Most of the country is well aware of the fact that the United States is still suffering from the effects of the recession. The 8.2 percent unemployment rate is extraordinarily high. More importantly, the ...

9. Growth in GDP Falls to 2.2 Percent in First Quarter
(Matching tags: economy, recession, jobs, GDP, government spending)

...  The weak growth in GDP combined with weak job growth makes it clear the economy is not performing especially well. The economy should be capable of higher-than-normal growth coming out of a deep recession. ...

10. Congressional Budget Office Projects the Return of the Housing Bubble
(Matching tags: economy, recession, housing, GDP)

The Congressional Budget Office (CBO) does not exactly have a stellar record when it comes to economic forecasting. Back in 2001 failed to see the collapse of the stock bubble that led to the recession ...