Employment: A New Report and Old Problems

Nonfarm U.S. payroll employment rose by 244,000 in April but there remain 13.7 million unemployed.  The unemployment rate rose from 8.8% to 9.0%, because the labor force increased.  Employment now stands 1.4 million jobs higher than this time last year, but on a base of almost 140 million employees, that’s just one percent – over […]

Will Real Estate Hasten the Economic Recovery?

Real estate market prices began declining in 2006, a year before the Dow Index peaked and three years before the Dow troughed in 2009.  Lost construction jobs added to the recession’s pain and evaporating home equity demoralized families.  Unemployment caused some mortgage defaults and prevented others from even considering a home purchase.  Today, 11% of […]

IT Benefits from Telecommuting — ACI Experts Publish an Article in Scientific Research’s Low Carbon Economy

Joseph Fuhr (ACI Senior Fellow and Widener University economics professor) and Steve Pociask (ACI president) have published an article in Scientific Research’s periodical, Low Carbon Economy.  The article reviews and estimates the potential benefits of telecommuting (both economic and environmental benefits) resulting from broadband and other information technologies.  The article is available online and in print form.  Citation:  Joseph P. Fuhr […]

Unemployment Rate Drops to 9% — or did it?

The unemployment rate fell four-tenths of one percent to 9.0% in January, according the U.S. Bureau of Labor Statistics’s Employment Situation Report.  While the decline in unemployement should be good news for American workers and policymakers, the drop was not due a sharp increase in hiring.  In fact, only 36,000 jobs were created during the month, according […]

Economic Stimulus Will It Work? Maybe, Maybe Not

Economic Stimulus Plan is Not a Panacea   As 2009 begins, I reflect back on how the last bailout performed and reminisce about how all the money that was already wasted bailing out corporations at the expense of American taxpayers, and now it looks like more waste could be coming under the heading of an […]

Effects of Economic Slowdown Discussed

Professor Fuhr has been recently quoted in two articles discussing the effects of the economic slowdown on holiday shopping and casino gambling revenues … see: http://www.delcotimes.com/articles/2008/12/19/news/doc494b2d710fa40774716310.txt http://www.delcotimes.com/articles/2008/12/26/news/doc495450bbb6f52542045327.txt Technorati Profile