Economist and Nobel Laureate Paul Krugman says the recent jobs data is encouraging — but that it is not cause to stop major efforts to spur job growth. “For once falling unemployment was the real thing, reflecting growing availability of jobs rather than workers dropping out of the labor force, and hence out of the [...]
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Tag Archives: unemployment
Sonders Sees Employment Gains Continuing
February 6, 2012
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Charles Schwab Chief Investment Strategist Liz Ann Sonders says the recent unemployment data was “pretty close to great”, and sees job growth continuing to be strong in the coming months. Sonders tells CBS This Morning that the January Labor Department report showed “strength across the board”, and she says most leading indicators suggest strong job [...]
Read moreBuffett Talks Unemployment and Housing
October 6, 2011
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Warren Buffett says unemployment will fall significantly only when the overhang of housing supply works its way off. Buffett tells Bloomberg that he thought we’d begin to see the end of that process by the end of this year, but it now looks like it will take longer. Buffett says it will happen, however, and [...]
Read morePass Debt Ceiling and Start Jobs Agency, Gross Says
July 19, 2011
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PIMCO’s Bill Gross says the U.S. needs to pass debt ceiling legislation, and develop a government-directed investment bank that helps put people to work. “It’s what’s required during periods of time in which unemployment is high and the private sector refuses to invest going forward in the capital markets and in capital spending,” Gross tells [...]
Read moreDreman: Bernanke Stuck in the Past on Jobs
July 13, 2011
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David Dreman says U.S. policymakers are approaching the employment problem with antiquated views, and policies that aren’t addressing the real issues with job creation. In his latest Forbes colunn, Dreman says that Fed Chairman Ben Bernanke “is fighting the monetary woes of the 1930s,” a period in which domestic stimulus led directly to increased domestic [...]
Read moreSonders Sounding Bullish, Sees Possible Return of Animal Spirits
April 22, 2011
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Charles Schwab Chief Investment Strategist Liz Ann Sonders says that while a number of concerns about the global economy remain, several positive signs — including falling correlations, improving employment conditions, and even a possible return of animal spirits — make her think the U.S. market will push higher. “We believe job growth will pick up [...]
Read moreWeak Economy Doesn’t Equal Weak Stock Performance, Study Shows
September 22, 2010
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Unemployment remains high, economic growth is slowing, taxes may soon rise, and consumer confidence is near historic lows. But while investors are fleeing stocks in favor of bonds amid the tough economic times, history shows they shouldn’t, according to research from James O’Shaughnessy’s firm. In its latest market commentary (“The Economy and the Stock Market”), [...]
Read moreJob Watcher: Employment Picture on Verge of Changing
March 17, 2010
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The lack of job growth in the U.S. appears to have been a big factor keeping many on the sidelines during the market’s big rally over the past year. But John Challenger of Challenger, Gray & Christmas tells Yahoo! TechTicker that job growth may be just around the corner. Challenger, whose firm issues one of [...]
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