February 28, 2009

In the News

Posted in GDP, Unemployment at 8:36 pm by davidprudente

Here are a couple of stories from The New York Times that are informative and telling about our economic future. The first discusses the revised GDP numbers from the 4th quarter of 2008 and the second is an op-ed about unemployment.

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February 7, 2009

Productivity & Growth

Posted in Uncategorized, Unemployment at 1:51 pm by davidprudente

I handed out an outline for chapter 24 on Friday. However, you can download it here: chapter-24-outline.

In addtion, we discussed unemployment and examined a couple of interesting web sites. Check out this interactive site at MSNBC. It’s pretty interesting to see how the unemployment rate has changed over the past 18 months.

The Unit exam for chapters 22, 23, 24, & 26 will be on Wednesday. Enjoy your weekend.

January 28, 2009

More News

Posted in Consumer Confidence, Economic Indicators, Recession, Unemployment at 8:10 am by davidprudente

Several articles dealing with economic issues we are focusing on in class have appeared on major national news sites.

The first of these articles is a multimedia presentation from the New York Times. The article provides a historical look at how the U.S. government has dealt with recessions over the past 50 years. In addition to providing a timeline, audio from three prominent economists provide insight as to how the government looked to turn the economy around.

In additon, The Consumer Confidence Index was released this week and the numbers were not good.  Statistics released this week indicate that consumer confidence is at an all-time low (since the government began reporting CCI in the mid-1960s).

And, as if the news wasn’t bad enough, Unemployment is edging up in all states. Here’s an interesting chart/map from the Wall Street Journal that shown the current trend in unemployment nationally. Closer to home, the Baltimore Sun reports that Maryland’s Unemployment Rate hit 5.8%, a 15 year high.

January 26, 2009

Economists: Recession getting worse

Posted in Economic Indicators, Recession, Unemployment at 6:04 am by davidprudente

More bad news from CNN

May 24, 2008

Looking for a Summer Job?

Posted in Unemployment at 6:36 pm by davidprudente

As the class of 2008 commences with commencement, here’s an article from the New York Times that welcomes you to the real world. To summarize, the article states that it’s the worst job market in 50 years for teenagers. See Graphic Below:

December 7, 2007

Chapter 26 – Unemployment and Its Natural Rate

Posted in Assignments, Unemployment at 10:05 pm by davidprudente

Your homework this weekend is to reach chapter 26. You can download the Powerpoint notes here. Just scroll down until you find chapter 26.