December 15, 2009
Experts suggest that to return to 5% unemployment the economy will need to create about 15 million jobs in the five years. This volume of job creation would satisfy the job needs created by the expansion of the population, while replacing jobs for the recently-unemployed.
The Bureau of Labor Statistics released a projection of the [...]
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November 24, 2009
An interesting, quick analysis of global GDP trends by Mark Perry, a University of Michigan professor, shows that on the big stage, the United States has held its share of economic production remarkably steady for the past 40 years.
Bottom Line: World GDP (real) doubled between 1969 and 1990, and has increased by another 60% since [...]
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