Any expectation that state and local governments would use the worst fiscal crisis since the Great Depression to reduce their biggest expenditures is proving to be wishful thinking. ...more

January 2, 2010

Evidence that the economic rebound could eventually raise inflationary pressures emerged in a report Tuesday that wholesale prices surged in November. ...more

December 16, 2009

President Barack Obama is wrong to overly politicize the nation's economic downturn, even though his critics are doing the same to him. ...more

December 9, 2009

Some early economic indicators show that job losses are slowing and even turning around. That's great news and it can't happen fast enough. With the exception of national security, job creation is our country's top priority. ...more

December 6, 2009

Even as he trumpeted a slowdown in the nation's job losses Friday, President Barack Obama put finishing touches on a proposal he'll unveil next week to "jump-start" business hiring across America. ...more

December 4, 2009

The unemployment rate has hit double digits for the first time since 1983 - and is likely to go higher. ...more

November 7, 2009

Productivity rises as jobless claims fall Productivity rose at an annual rate of 9.5 percent in the July-September quarter, the Labor Department said Thursday. That was much better than the 6.4 percent gain economists had expected. Unit labor costs fell at a 5.2 percent rate. ...more

November 6, 2009

A wise man once joked he would like to become a government program so that he could enjoy eternal life on earth. A slight exaggeration perhaps, but it could begin to feel like that's the case if we don't get the growth of government back under control fast. ...more

October 26, 2009

The number of newly laid-off Americans signing up for unemployment benefits last week and those using this safety net over a longer period both plunged. The government figures released Thursday were clouded by difficulties adjusting for temporary shutdowns at auto plants. ...more

July 17, 2009

The number of newly laid-off workers filing initial claims for jobless benefits last week fell to lowest level since early January, largely because of the auto industry. ...more

July 10, 2009