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Good News! We Only Lost 36,000 Jobs in February
By James Gelfer on March 5, 2010 | 1 Comment
It is certainly a sign of the times when reports that the economy lost 36,000 jobs is considered a boon in economic news. While today’s unemployment numbers, released by the Labor Department, are being hyped as evidence that the economy is gaining traction, economists still advise that we have... -
What Do Economic Statistics Really Tell Us?By James Gelfer on February 5, 2010 | No Comments
Up until the financial crisis was front page news for virtually every media source, I rarely—if ever—took heed of economic statistics. I may have glanced at the Dow Jones Industrial Average every once in awhile, but that was about the extent of my interest. Now I have been paying more attention ... -
Fourth Quarter Numbers Provide Glimmer of HopeBy James Gelfer on January 29, 2010 | No Comments
For the second straight quarter the nation’s economy has grown, marking what many believe to be the end of the recession and the early stages of a possible long-term stabilization. Earlier today, President Obama announced that the GDP grew by 5.7 percent in the fourth quarter, the largest increase...
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