Office Rumors

Office Rumors Blog – “Better reading this than the insides of your eyelids!”

Recession Indicator My Macro Class Missed?

leave a comment »

Barry Ritholtz points out, at his blog Big Picture, a New York Times blog writer’s discussion of the change in private sector jobs. Over the past year, it has been off 125,000. He then goes on to point out that every recession since 1953 has seen negative numbers. The comments are well moderated, so worth while discussion continues there as also.

Have a look at the NYT article and Ritholtz’ post.

Advertisements

Written by walonline

June 10, 2008 at 11:10 pm

Posted in Economics

Tagged with

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: