The Oregon February employment numbers are out and the news is depressing: Oregon lost a seasonally adjusted 6,400 jobs and the unemployment rate held steady at 8.8%.
Still, the trend over the last few months has been positive and I suspect that this will be a temporary aberration as the health of the US economy is getting stronger. But this exposes a lot of the underlying weakness of the US revovery: while we are in positive feedback loop of increasing demand and increasing employment in general, there is no obvious driver of growth at the moment other than pent-up demand which may not be that strong or that lasting.
Showing posts with label Employment. Show all posts
Showing posts with label Employment. Show all posts
Tuesday, March 20, 2012
Monday, November 8, 2010
Picture of the Day: Jobs
What do you make of this picture? Strong overall trend toward recovery and growth or a recovery that has seriously faltered? This picture is from the NY Times' Economix blog, go here for Leonhardt's interesting discussion.
Wednesday, November 18, 2009
Subscribe to:
Posts (Atom)


