Emerging markets: Soft patch or recession?
Could the dreaded R word come back to haunt the developing world? A study by Goldman Sachs shows how differently financial markets and surveys are assessing the possibility of a recession in emerging...
View ArticleHow chronic joblessness affects us all
This is an excerpt from “Pinched: How the Great Recession Has Narrowed Our Futures and What We Can Do About It.” By Don Peck The opinions expressed are his own. Last summer, the phone maker Sony...
View ArticleWhy the unemployed stay unemployed
This is a response to Don Peck’s book excerpt “How chronic joblessness affects us all.” By Gary Burtless The opinions expressed are his own. First, from a labor economics perspective Peck’s analysis is...
View ArticleLet’s stop talking about a ‘double-dip’ recession
Barely a day goes by without some expert publicly worrying whether or not the U.S. economy will fall into a “double-dip” recession. In a CNBC interview last September, investor George Soros said he...
View Article‘If I can’t do that, then I’m worthless’
Editor’s note: This week, Reuters Opinion is going to be publishing five excerpts – one each day – from D.W. Gibson’s new book, Not Working, an oral history of the recession. Gibson spent months...
View Article‘I felt guilty for taking unemployment’
Editor’s note: This week, Reuters Opinion is publishing five excerpts – one each day – from D.W. Gibson’s new book, Not Working, an oral history of the recession. Gibson spent months traveling across...
View Article‘The only crime that I committed’
Editor’s note: This week, Reuters Opinion is publishing five excerpts – one each day – from D.W. Gibson’s new book, Not Working, an oral history of the recession. Gibson spent months traveling across...
View Article‘I have filled out resumes for about 380 to 390 positions’
Editor’s note: This week, Reuters Opinion is publishing five excerpts – one each day – from D.W. Gibson’s new book, Not Working, an oral history of the recession. Gibson spent months traveling across...
View Article‘I sat there every day and cried before going to work’
Editor’s note: This week, Reuters Opinion is publishing five excerpts – one each day – from D.W. Gibson’s new book, Not Working, an oral history of the recession. Gibson spent months traveling across...
View ArticleThe perils of cliff-diving
The fiscal cliff is a danger to the economy. Some have argued that cliff diving is benign either because the cliff itself is an illusion – it is really a gentle slope – or because policymakers have...
View Article