Federal Spending Sequester Crushes Jobs

Biggest Jump in Unemployment For This Week Since 1996 by Lee Adler, Wall Street Examiner First time unemployment claims put on their worst performance for this week of March in the past 17 years. The Labor Department reported that the seasonally adjusted (SA) representation of first time claims for unemployment rose by 16,000 to 357,000 …

The U.S. Business Cycle in the Context of the Yo-Yo Years

by Lakshman Achuthan, Co-Founder and Chief Operations Officer, ECRI Economic cycles are an inherent part of how every market-oriented economy in the world operates, and what happens around cycle turning points has always been ECRI’s primary focus. From this perspective, with the onset of the Great Recession – even before the Lehman Brothers collapse – …