Forecasting the Jobs Cycle

Friday, December 03, 2010

Economists hope to see strong hiring for a second consecutive month in the private sector...but if they don't, and if unemployment remains above nine percent, the U.S. economy will soon break the record for the longest streak of high unemployment since the recession of the 1980's. It's not a record anyone will cheer to see broken.

We speak to the Lakshman Achuthan, co-founder and CEO of the Economic Cycle Research Institute. Earlier in this Great Recession, Achuthan correctly predicted that there would be no double dip recession, but that the economic slowdown would not improve any time soon. He was vindicated once by the markets; he joins us to discuss what current leading indicators say about where our economy will go next.

We are also joined by Dan Clapp.  Dan’s lived through the Great Recession only to land himself in an unexpected new career path — in the Green Energy sector.

Guests:

Lakshman Achuthan and Dan Clapp

Leave a Comment

Register for your own account so you can vote on comments, save your favorites, and more. Learn more.
Please stay on topic, be civil, and be brief.
Email addresses are never displayed, but they are required to confirm your comments. Names are displayed with all comments. We reserve the right to edit any comments posted on this site. Please read the Comment Guidelines before posting. By leaving a comment, you agree to New York Public Radio's Privacy Policy and Terms Of Use.