Files containing subject recovery

The U.S. Bureau of Labor Statistics reported that the nation created 295,000 jobs in February, driving the unemployment rate down to 5.5 percent, the lowest in seven years. Upon release of the employment numbers, the Dow plummeted 330 points. What gives? [READ MORE]

If you sense some frustration with this outlook, you are right. Based on the behavior of the national economy this year, it deserves a lump of coal in its holiday stocking. [READ MORE]

Era is perhaps an exaggeration, but it has been a long time. In October Puget Sound wage and salary jobs will likely reach 1,856,700. The last time employment hit that mark was February 2008...But it is time to forget the Great Recession--though not its lessons--and move on. [READ MORE]

In a prelude to next year's general election, politicians put on a costly show this summer. After a lengthy debate--one that could easily have been mistaken for a farce--Congress raised the federal debt ceiling at the very last minute. [READ MORE]

The Great Recession may be over, but it continues to cause suffering. Fifteen million people remain unemployed in the nation...An unfortunate characteristic of economic recoveries is that they occur in stages. Business output typically expands months before employers resume hiring. [READ MORE]

Recessions and recoveries come in all shapes and sizes. The Boeing Bust (1969-71) was a classic V-shaped recession. [READ MORE]

This decade has been "just one damn thing after another." Who would have imagined our string of bad luck: the dot-com implosion, 9/11, the housing bubble and credit crunch, and soaring energy prices? Or was it bad luck? [READ MORE]

One thing about the bottom of a recession, the prospects are good. After shedding five percent of its employment during the slump, the Puget Sound region finally got things turned around in the middle of 2003. [READ MORE]