Topic: Peter Morici
A selection of solutions for a better employment rate: From cutting taxes to raising taxes, job sharing to job training.
10/16/2010 10:30 am
The US imported $49.9 billion more in goods and services than its exported in June, up from $42 billion in May. Such a large trade deficit is unsustainable and a drag on the economy, experts say.
08/11/2010 01:50 pm
A jump in the value of Chinese currency, the yuan, would make products manufactured in China more expensive, but could also help US manufacturers remain competitive abroad.
06/21/2010 03:41 pm
Metals like gold and silver have become a core holding for more investors as they focus on the risks that lie in sovereign balance sheets. The gold price was as high as $1,245.80 per ounce Wednesday.
05/12/2010 07:29 pm
The 290,000 jobs were spread across every sector of the US economy, the Labor Department reported Friday. Job-market recovery led more people to resume looking for work, driving up the unemployment rate to 9.9 percent.
05/07/2010 01:12 pm
The US economy has been propped up in part by government stimulus spending, but some of those artificial supports are slated to fall away later this year. The big question is whether the economy can sustain jobs growth on its own.
04/02/2010 07:00 pm
Personal spending rose 0.3 percent in February, the Commerce Department reported Monday. But US stimulus programs have not managed to boost household incomes.
03/29/2010 01:57 pm
Unless the US-China trade gap is seriously addressed, some economists say, Obama’s goal of 2 million new trade-related jobs will be unattainable.
02/04/2010 06:23 pm
President Obama's State of the Union speech proposed a National Export Initiative to generate 2 million jobs from doubling exports over the next five years.
01/28/2010 04:39 pm
With a little creative pressure, President Obama could put serious heat on banker bonuses without a long Congressional battle.
01/18/2010 04:39 pm