Who among us hasn’t needed a second chance? Or a first opportunity? For the millions of Americans who were battered by the Great Recession and came out of it with a tattered credit score, plus the legions of young people who haven’t had a chance to earn and spend money wisely, these are not abstract [...]
Initial jobless claims over the previous month hit their lowest level since the start of the Great Recession, indicating the labor market might be nearing a return to normal.
That is the new paper by Christiano, Eichenbaum, and Trabandt, and it is the most thorough study of the topic I know. They arrive at this conclusion, the last sentence being of particular interest to me (emphasis added): We argue that the vast bulk of movements in aggregate real economic activity during the Great Recession […]
Fed chair: Central bank continues to face challenges in its efforts to invigorate the economy's recovery from the Great Recession
The three tables accompanying this article provide insight into Canada’s labour markets and how they have changed since the Great Recession.
Six Flags has rebounded significantly after the company's bankruptcy in the wake of the Great Recession. Here's six reasons why Six Flags' stock is a good buy today.
Slackers, quitters, and structuralists.
The generation that came of age during the Great Recession is showing some distressing financial attitudes.
Janet Yellen: What the Federal Reserve Is Doing to Promote a Stronger Job Market: "I am here today to talk about what the Federal Reserve is doing to help our nation recover from the financial crisis and the Great Recession, >the effects of which were particularly severe for the people and the communities you serve. Show More Summary
"The 2008 financial crisis led to the worst recession in the developed world since the Great Depression. Governments had to respond decisively on a large scale to contain the destructive impact of massive debt deflation. Still, several large financial institutions...
Darien Shanske (UC-Davis), Revitalizing Local Political Economy Through Modernizing the Property Tax, 68 Tax L. Rev. ___ (2014): As the Great Recession dramatically illustrated, state and local governments need a more stable revenue source. Accordingly, states and localities as diverse as Texas and San Francisco, are experimenting with new kinds...
As the US approaches the 5th anniversary of the end of the "Great Recession," data from across the spectrum continues to show a weak economy. Whether sales, earnings, or jobs, the data can be best described as mixed. If this "recovery" feels different that past turnarounds, that's because it is. Show More Summary
Some cities like DC and Chicago and NYC are way more appealing than they used to be and gentrifying like mad despite the Great Recession, but that doesn't mean the middle class is coming back. Here's a GIF showing the disappearance of...Show More Summary
This is a good time to run a large, publicly traded company. Regardless of business conditions, most share prices remain well above the lows seen back in the Great Recession of 2008, and not
New-vehicle sales are on the rise due not only to demand originally held back by the Great Recession, but by consumers coming off of their leases for their next latest and greatest. Automotive News reports Manheim Auctions chief economist Tom Webb proclaimed that off-lease volume will be on par with new-vehicle sales throughout 2014 before […]
A major fallout from the Great Recession in 2008-2009 was exceptionally high levels of unemployment around the world.
Please click here to see the edition of BuilderBytes for 4 /8/14 on the Web. In this issue of the MetroIntelligence Economic Update, I covered the following indicators: Total jobs lost during Great Recession finally regained in March...Show More Summary
Desperately seeking traction.
The number of Americans holding financial stocks has been steadily falling for more than six years. A big portion of this trend can be blamed on the great recession, and what is seen as a suddenly realized peril of even seemingly solid and famous institutions going down as they succumbed to high-risk operations in the market. Show More Summary
Debasing the dollar and all that.