by | Nov 4, 2011 | Blog, Economy
With apologies to Richard Farina, today’s Bureau of Labor Statistics jobs report for October shows small gains that for most of U.S. history would have been considered meager but must now be seen as better than expected. (See these tables and graphics on this month's...
by Dave Johnson | Nov 4, 2011 | Blog
It was an amazing thing to be part of, an entire city downtown occupied, then a huge march that shut down a major port. Oakland was #occupied! This was a game changer, a turning point. What happened in Oakland was a very big deal. On the same Wednesday there were big,...
by Dave Johnson | Nov 4, 2011 | Blog
At a meeting with bloggers before last week's Building The New Economy conference, AFL-CIO President Rich Trumka talked about how we have developed two economies, one real and one financial. As he said, originally the financial sector was designed to support the real...
by Mary Bottari | Nov 4, 2011 | Blog
The G-20 meeting in Cannes got underway yesterday. The sunny beach resort, playground to movie stars and media moguls was an odd choice for a somber G-20 meeting. As President Obama and Treasury Secretary Tim Geithner touched down in Air Force One, the Greek...
by Isaiah J. Poole | Nov 4, 2011 | Blog, Economy
On the morning after Senate Republicans blocked consideration of an infrastructure jobs bill, the Bureau of Labor Statistics is reporting that the economy created only 80,000 net jobs during the month of September. The unemployment rate is now 9 percent. The continued...