Archive for December 2008
You are browsing the archives of 2008 December.
November Non-Farm Payrolls Could Hit 400k
The US economy has officially entered a recession and the labor market numbers that are due on Friday will confirm that. Not only do we expect the US economy to report its eleventh consecutive month of job losses but the job losses will probably be the largest in 26 years. In 2001, there [...]
US Recession Officially Began in December 2007, According to NBER
The National Bureau of Economic Recession final admits that the US in a recession and it is about time! According to official recession dating agency, the US economy hit a peak in December 2007. According to the WSJ, the peak marks the end of the expansion that began in November 2001 and the beginning [...]
