With the all the alleged concern in Washington now from both parties about job creation, there's something that's missing in much of the debate: facts. So let's take a look at some. I really like graphics like the one below. They're complex and take quite some time to read and fully absorb what's there, but … Continue reading Where Are or Were The Jobs?
auto industry
In Michigan, Governor Snyder Is Increasing Unemployment
For years and through the early part of the Great Recession of 2007-09, Michigan was ground zero for unemployment. Unemployment rates of around 15% - worst in the nation. But once the GM and Chrysler completed their bankruptcies, it has begun to emerge. In the past 12 months Michigan has made relatively good progress on … Continue reading In Michigan, Governor Snyder Is Increasing Unemployment
Aftershocks: Prepare for the Slowdown
I'm back from the Higher Learning Commission conference in Chicago, which is why postings have been sparse. I probably won't get really back up to speed on postings for yet another few days because I've teaching, grading, and taxes to do.In Japan, the aftershocks continue from the massive March 11 earthquake and tsunami. The global … Continue reading Aftershocks: Prepare for the Slowdown
The GM Tale
Earlier this week General Motors, the new post-bankruptcy GM, issued it's Initial Public Offering. Initial signs are very encouraging in several ways, which I'll describe. But first let's take a note. Only 20 months, less than two years, The conservatives and tea party types were howling for GM to go bankrupt and for the government … Continue reading The GM Tale
EconProph 