Largest Cuts in Local Jobs in 30 Years
Though unemployment held steady at 9.6 percent, the economy shed 95,000 jobs. At the local level, almost 50,000 jobs were lost in education alone. All in all, the September data showed no evidence that unemployment is structural rather than due to a lack of demand. For more, see CEPR's Jobs Byte.
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"Three Quarters-Empty" or "Three-Quarters Full"
CEPR economist John Schmitt recently reviewed Stephen Rose's Rebound: Why America Will Emerge Stronger from the Financial Crisis in the magazine Challenge. Schmitt cites a wealth of evidence contradicting Rose's claim that the U.S. economy has done a good job delivering the benefits of economic growth to the middle class. |
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Op-Eds & Columns |
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Kirchner Rescued Argentina’s Economy, Helped Unite South America Mark Weisbrot The Guardian Unlimited, October 27, 2010
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Economic Disaster, Krugman and Avishai, and Redefining "Small" Dean Baker TPMCafé, October 26, 2010
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The U.K. Swallows Austerity So We Don’t Have To Dean Baker The Guardian Unlimited, October 25, 2010
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French Protesters Have It Right: No Need to Raise Retirement Age Mark Weisbrot The Guardian Unlimited, October 20, 2010
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CEPR in the News |
Haiti Cholera Threat Magnified by Aid Failure The London Telegraph, October 25, 2010
Should Obama Halt Foreclosures? Newsweek, October 25, 2010
How Joseph Lents Dodged Foreclosure for Eight Years and Started a Movement Bloomberg, October 21, 2010
Drowning or Waiving The Economist, October 21, 2010
FUNDING: Unravelling the Conundrum of US Aid to Haiti IRIN News, October 21, 2010
Analysis: Venezuela's Chavez Baits Foes With Nuclear Deal Reuters, October 19, 2010
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