In a new policy sea change at the Federal Reserve, Chairman Ben Bernanke is hitting the road to directly address the unemployment numbers plaguing the economic recovery. “I look at a lot of economic indicators, and nearly all of them are showing a return to healthy and sustained growth” Bernanke said from the unemployment office [...]
In order for the economy to rebound, some sector of the economy will have to begin growing in a meaningful way which will ignite growth across other sectors. We have seen supposed “jobless recoveries” from the last two recessions. Both of the last two recessions were not that severe and the recoveries that followed them [...]
Are we in the beginning of the economic recovery from the recession? If you look at economic data, it seems like things are getting less worse than they were earlier in the year. Recent GDP numbers show that economic contraction has slowed to -1.1% in the second quarter of the year from -6.4% in the [...]
