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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...

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How 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...

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Why 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...

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Let’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...

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‘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...

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‘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...

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‘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...

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‘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...

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‘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...

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The 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...

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