Labor/Economy

Economy Watch: OECD Optimistic about G7 Economies (except Japan)

The OECD sees private-sector investment and trade in the world’s biggest economies boosting recovery; non-manufacturing growth continues; and federal budgeting continues to be a mess.

Economy Watch: 50,000 McJobs?

McDonalds plans to hire 50,000 workers on April 19; Geithner warns Congress about the consequences of hitting the debt ceiling; and Bernanke downplays inflation.

Economy Watch: Private Sector Hires, Public Sector Fires

Jobs numbers look good for March; construction spending is down; and Ron Paul wants to take the Fed to task for lending to non-American banks.

PODCAST: Economy Watch Weekly with Dees Stribling

For the week ending April 1, jobs reports show unemployment dropping a little, trying to stay ahead of population growth; pending home sales show a glimmer of hope for the single-family market; and will the federal government shut down?

Economy Watch: Employment Treads Water in March

The U.S. Bureau of Labor Statistics shows the labor market holding on, despite international nervousness; an ISM report is not as optimistic; a suit against Freddie Mac is dismissed; and new information comes to light regarding Fed lending in 2008.

Economy Watch: Non-Official March Jobs Numbers Not Bad

Public-sector jobs took a big hit, but private-sector cuts weren’t bad; the shadow inventory of U.S. homes is slightly less huge; and the Fed is looking for a high bidder for subprime MBS bonds.

Economy Watch: Case-Shiller Reports Continuing Home-Price Contractions

Single-family prices are down, along with consumer confidence, and the IBIS releases its doomsday report on dying industries.

Economy Watch: Consumer Income, Spending Rise in February

Personal income and expenditures were up in February; pending homes sales were up slightly as well; and a gender discrimination suit against Wal-Mart reaches the Supreme Court.

Economy Watch: Consumers Feeling Blue Once More

Consumer sentiment points toward nervous times; the Fed is looking to sell subprime mortgage bonds; and GDP growth for 4Q10 was revised upward.