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Author Archives: dayat
Where Have All the Jobs Gone?
In May, the unemployment rate rose to 9.1 percent. The economy added only 54,000 jobs, much fewer than the 300,000 that the economy requires each month to make a dent in that rate. Even the better April figure (222,000 new … Continue reading
Mortgage Meltdown: Defining the Changes We Need
While the Presidential primaries have been dominated by vague calls for change, the escalating crises of the housing and financial sectors have the potential to concentrate our minds on the specific reforms that our nation urgently needs. This requires understanding … Continue reading