-- thoroughly cataloging each day's depressing layoff news, from the very small
companies to the very large
, and updated several times a day. (But there's also a small section of the site devoted to news of companies and government org's that are hiring.)
posted by Asparagirl
on Feb 2, 2009 -
Dating A Banker Anonymous Are you or someone you love dating a banker? If so, we are here to support you through these difficult times. Dating A Banker Anonymous (DABA) is a safe place where women can come together – free from the scrutiny of feminists– and share their tearful tales of how the mortgage meltdown has affected their relationships. Via
posted by ColdChef
on Jan 28, 2009 -
CIBC's Jeff Rubin and Peter Buchanan have written an article
(pdf, pages 4-6) arguing that triple digit oil prices (and not plunging real estate prices) are to blame for the current economic woes of the OECD. [via]
posted by adamdschneider
on Nov 7, 2008 -
Carmen Reinhart of the University of Maryland and Kenneth Rogoff of Harvard University have compared the recent US subprime mortgage crisis with five downturns in industrialized economies in the past 30 years in their brief paper, Is the 2007 U.S. Sub-Prime Financial Crisis So Different?
(pdf). Their conclusion: “given the severity of most crisis indicators in the run-up to its 2007 financial crisis, the United States should consider itself quite fortunate if its downturn ends up being a relatively short and mild one.” Summarized, with some data and charts, here
posted by ibmcginty
on Feb 9, 2008 -
Is Jay-Z signaling a recession?
There is something quite alarming on the recently released “Blue Magic” music video ... it wasn’t sex, drugs, violence or explicit language that shocked my conscience. It was the Euros. The Jay-Z video flashed large stacks of $500 Euros. When I start seeing rap stars flashing euros instead of U.S. dollars, I know our economy is in trouble.
posted by azazello
on Nov 5, 2007 -
Interesting article on the Japanese "social recession"
(from the back pages of USA Today) "To an astonishing degree, the sexes are going their opposite ways in Japan. Young women are revolting against the traditional role of obedient housewife, opting instead to live at home and shop and socialize with girlfriends. Startled men are retreating into solitary ways. Check-ins at the country's famed 'love hotels' are even falling. As birthrates slip, a social crisis looms."
posted by Prospero
on Jun 3, 2004 -
The change in private employment, two years after recession began, for 1953 to Present.Details
: The jobless recovery continued in March 2003 as the nation's payrolls contracted by 108,000, according to report released today by the Bureau of Labor Statistics (BLS). These losses are in addition to last month's payroll declines, which also were revised up to 357,000. Taken together, the economy has lost 465,000 jobs in the past two months. In the two years since the recession began in March 2001, total payrolls have fallen by 2.1 million and private sector payrolls are down by 2.6 million.The Jobless Recovery
. Low growth accompanies record trade deficit
Last month in Beijing, Robert Zoellick, President George W. Bush's international trade ambassador, had nothing but praise for China's growing trade surplus. Meanwhile in St. Louis in January, the president stumped for more tax cuts, standing before a facade of boxes with the words "Made in China" covered over in tape. 2001 Tax Cuts and the Proposed 2003 Cuts
Details: Discarding pretense of tax cut equity
Also: Economists Voice Opposition to Bush Tax Cuts
posted by y2karl
on Apr 16, 2003 -
But it was broken when I got here!
New numbers indicate that the recession started before Bush came to office. Do Bush's statements succeed in making him less responsible for the recession in the eyes of the public? Do these kinds of statements restore people's faith in the economy?
posted by rks404
on Aug 7, 2002 -
What ever happened to ultraprosperity?
This 1999 article written on the middle of dotcom stocktopia may make you laugh, cry or keep scratching your head, at least. Now, where's the "ultraprosperity" we were promised when we need it the most - right now- us balancing in the verge of recession, burst bubbles and nonstop layoffs?
posted by betobeto
on Aug 4, 2001 -
When you line up all the layoffs,
it actually looks pretty bad. I suspect the news industry knows recession = increased news consumption & ad sales and are going for it, regardless of how "bad" our current economic climate may be. Will the dot com downturn lead to losses everywhere or will it be concentrated solely in the tech sector?
posted by mathowie
on Apr 16, 2001 -
Americans believe in a recession
within the next four years.
But of course. It's only natural after the most prolonged economic expansion in history. So don't go blaming the next administration when it finally happens.
If Gore is president, then people will say: "12 years of democrats is enough!", but if Bush is in charge, then the complain will go "You see? republicans don't have a clue".
posted by tremendo
on Jun 3, 2000 -