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Great Recession, 10 years later: Young professionals battled for scarce jobs

Graduates who entered the workforce just after the Great Recession struggled, but learned resiliency.        

Great Recession, 10 years later: Young professionals battled for scarce jobs

Entering the labor force during Great Recession is not where one wants to be.        

Arent Fox Again Posts Gains in Revenue, Profits

The firm has seen revenue and profits grow each year since the Great Recession.       

Ten Years Ago: Housing Starts were down Sharply as the Great Recession Started

It is hard to believe this was 10 years ago...Ten years ago today, I discussed housing starts: Single Family Housing Starts Lowest Since Jan 1991 "Single-family housing starts in January were at a rate of 743,000; this is 5.2 percent...Show More Summary

Buckle up for a sustained rise in interest rates: analysis

The question now is when will the 10-year break through 3.00% going higher, putting that number “five” back into the mortgage vocabulary for the first sustained time since the Great Recession. Market consensus (of course, often wrong): “when,” not whether...

January housing starts rebounded 9.7 percent from December to second-highest rate since Great Recession

Privately-owned housing starts in January rebounded sharply from weather-related dips in December to 1,326,000. This is 9.7 percent above the revised December estimate, 7.3 percent above the January 2017 level, and is the second-highest annual rate since the Great Recession. READ MORE www.metrointel.com

Inflation is heating up. What should you do about it?

After years of low inflation, signs that wage and price growth finally are heating up were a major factor in this month’s financial market turbulence. But the recovery from the Great Recession has seen these inflation flirtations before. And despite big January jumps in average hourly earnings...

Home Prices Won’t Be Going Down Anytime Soon

Over the last decade since the beginning of the Great Recession in 2007, home prices have made a steady comeback. Home prices hit their low in the Spring of 2011, having dropped over 20% since their peak in January of 2007. As the stock market makes a correction, one might ask, are we due for [...]Show More Summary

The Next Recession Is Really Gonna Suck

The extra help unemployed people got during the Great Recession has emboldened states to mistreat them.

LOOP: Economy will grow at 5.4%, says Atlanta Fed

ECONOMY READY TO ROCK?  Wow: The Atlanta Fed said the U.S. economy will grow at 5.4% in the first quarter of 2018. If that forecast holds, it’ll be the best quarter since the Great Recession ended in 2009. http://cvote.it/2E3oCUP BIGGER PAYCHECKS  Employers have until Feb. 15 to make changes to paycheck withholding due to the new tax [...]

Business and Leadership Lessons From One of America’s Top Turnaround Executives

You may not have heard of Alan Mulally, but he’s led one of the best turnarounds in modern American business history. As Chief Executive for nearly 8 years at Ford Motor Company, he steered the company through the Great Recession (without taking a bailout), restructured the massive corporation to get the company more focused and […]

7 Money Moves That’ll Protect You During the Next Recession

Full disclosure, folks — I’m a worrier. What’s been keeping me up at night lately? Unchecked financial optimism. The Great Recession ended nine years ago and the bull market we’ve been enjoying since can’t go on forever. In fact, many economists think we’re...

Sundance 2018: ‘Arizona’ Is a Bloody and Blackly-Comic Look at One Man’s Financial Downturn

By Rob Hunter When the Great Recession hits, one man hits back... at all the wrong targets. The article Sundance 2018: ‘Arizona’ Is a Bloody and Blackly-Comic Look at One Man’s Financial Downturn appeared first on Film School Reject...

Are wages poised to rise sharply in 2018 ?

For the first time since the Great Recession my wage equation says average hourly earnings growth should be higher than the actual data shows.  Moreover, the fitted value is rising sharply.  Each of the three variables in the equation — the unemployment rate, capacity utilization and inflation expectations — is now pushing the fitted value […]

A Decade After the Great Recession, We’re Outsourcing Home Appraisals to India

The Wall Street Journal reports that banks are getting tired of performing actual appraisals for high-volume home loans, and are turning instead to less rigorous broker price opinions: Now these perfunctory valuations abound, underpinning tens of billions of dollars of home deals. Sometimes the process is outsourced to India, where companies charge real-estate agents a […]

Labor Market Tightness across the United States since the Great Recession

Labor Market Tightness across the United States since the Great Recession Murat Tasci, Caitlin Treanor Cleveland Fed, 01.16.18       Though labor market statistics are often reported and discussed at the national level, conditions can vary quite a bit across individual states. Show More Summary

Yes, Going To Law School During The Great Recession Turned Out To Be A Terrible Idea

New report confirms 2009-2017 grads screwed themselves/were themselves screwed.

Bank Failures by Year

In 2017, eight FDIC insured banks failed. This was up from 5 in 2016.The great recession / housing bust / financial crisis related failures are behind us.The first graph shows the number of bank failures per year since the FDIC was founded in 1933. Show More Summary

Great deal on recessed dimmable LED lighting

last monthHumor / odd : Boing Boing

I bought four of these LED recessed lighting fixtures a couple of years ago when they were $20 each. They are easy to install and work well. I just found out that Amazon is selling them for $5 each, if you buy a 4-pack and check the little online coupon box on the page (why does Amazon do that?).

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