Jan 23 2010
The Rise of the Cashier and Retail Salesperson Economy – Employment and the Evolving Job Market of the United States – 8 Million Jobs Lost in this Recession but Deeper Financial Changes are Coming.
The recession that started in December of 2007 is still causing jobs losses even after 25 long and agonizing months. Most Americans still feel that the economy is deep in the midst of a serious correction. Since the recession started non-farm employment has shrunk from 138.152 million to 130.91 million. Officially over 7.2 million jobs [...]
Dec 8 2009
The New Economic Misery Index: Five Sectors that Show Financial Pain for Americans. Food Stamps, Bankruptcy, Credit Access, Employment, and Housing.
Talking with a few colleagues I was reminded about a misery index used in the 1970s to measure the real feel of the stagflation hitting the country. Today, we have a more insidious version of economic crisis because what is good for Wall Street is counter to what is good for the average American. There [...]
