May 5 2014

Latest jobs report 288,000 jobs added

The latest jobs report showed a relatively healthy month for April 2014.  288,000 jobs were added and the jobs were being added across various industries.  This report came in higher than most economists were predicting.  However, even with this boost the trajectory of added jobs is still very low compared to other recoveries.  One month […]

Jan 28 2014

Argentina financial crisis: What is going on in Argentina?

The economy in Argentina is undergoing another deep financial crisis.  When you have giant pools of money trying to exit your country you know you are in for a deep challenge.  The problem with Argentina is deep and complex but boils down to nepotism, a weak environment for growing businesses, and currency flight.  The latter […]

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Jun 9 2013

Immigrants will be important part of US economic recovery over the next few decades.

The decline in the US participation rate is largely due to demographic shifts.  This is absolutely true.  However, the other side of the coin tells us that the other reason for the participation rate drop is that structural changes are occurring in the US.  It should be apparent that any closed door policy will prove […]

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