#Recession

B.

comonsensemary

I’m sure y’all thought I was neurotic yesterday and hating on the fact that people were making money but I foresaw what was going to happen today. Think about it

Tara Sinclair

TaraSinc

Now that we’ve logged 2 quarters of negative GDP growth (a rule of thumb to support the NBER’s official ruling that a recession started in 2020Q1), I think it’s time

Tuomas Malinen

mtmalinen

Below you find our recent short-term GDP growth forecasts for the US, Eurozone and Finland. The figures are very dire. We don't actually see any recovery for the next 2-3

Lewis Goodall

lewis_goodall

Here we go Naturally I’ve taken a sneak peak at mentions for British politicians. Here’s Obama’s first mention of @David_Cameron. Says he had a “studied informality” but that he liked

Brad Hershbein

BHershbein

Many commentators about today's (this hour's) job release are saying it's not good. They're correct, but comparisons to the Great Recession can be misleading. (1/6) Although the sheer number of

whippletom

whippletom

Sage has just published its estimates of the *indirect* effects of lockdown on mortality 6,000 excess deaths in March and April due to changes in emergency care 10,000 excess deaths

⬡ Zoomer ⬡ Oracle ⬡

ZoomerOracle

Thread #1: Alright, lets make a thread about the current financial macro situation in the world. We all know corona is the catalyst for the financial bubble that popped (if

Alexander Tucciarone

TucciTellsIt

Re: student debt cancellation. First- the most practical, brass tacks case for it: it is bad for the economy to have multiple generations saddled with a generally unproductive debt in

John Pasalis

JohnPasalis

Some quick thoughts on our experience hiring someone during this recession - it was quite different from past experiences.Firstly - we had over 150 people apply which is quite a

Chad Stone

ChadCBPP

Dec employment situation: jobs recovery stalled before end-of-year stimulus and relief measures were enacted. Payroll jobs down 140k (private down 95k) in Dec after 5 months of shrinking job gains;

Michael Leachman

leachma2

As expected, today's jobs report includes phantom jobs gains in state and local employment due to a technical Bureau of Labor Statistics (BLS) adjustment, NOT to a surge in hiring.

Adam Ozimek

ModeledBehavior

The jobs report came in better than expectations today with gains of 1.8 million, but it's important not to lose the headline: the recovery has slowed. Unemployment is down to

Sahil Mahtani

sahil_mahtani

So everyone is commending the @TomMcTague and @arisroussinos pieces on the failures of the British state. As usual they make some persuasive points. At the same time the British state

Alissa

alissa_brie

@GavinNewsom #CAbudget comes out on a day we learned that the US LOST jobs in December for first time since the recession began – all because of spiking #COVID19 casesCalifornia

Heidi Shierholz

hshierholz

Today is the last #JobsDay with data from the Trump Administration (today’s data are from mid-January). So what does the economy former President Trump handed off to President Biden look

Eric Basmajian

EPBResearch

Diminishing Marginal Returns The productivity of our debt is collapsing and that is creating a major problem.The problem is here now, and not in the future. Here is why:1) Charted

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