Analysis and commentary on economic news, trends and issues, with an emphasis on Seattle and the Northwest.
February 1, 2013 at 10:28 AM
Vote: Where is the economy headed this year?
The Dow topped 14,000 for the first time since 2007. But GDP contracted slightly in the fourth quarter of 2012. Today, the government reported that 157,000 jobs were added in January, below expectations. But for all of last year, the economy added an average of 181,000 jobs a month. Even so, at this rate it will take until 2022 for the United States to get back to full employment.
The year ahead faces many challenges. Here is Nouriel Roubini’s take. What’s yours?
Read on for the best links of the week and the haiku:
This Week’s Links:
Today’s Econ Haiku:
Is this how we roll?
A new normal of jobless?
Someday heads might roll