Archive for December 22nd, 2008

The Need for Counter Cyclical Measures in a Falling Economy: Another Picture of Unemployment

Many journalists, when writing about the economy, focus on the broadest pictures:  Gross National Product, total Non-farm employment, etc.  But, sometimes the big picture needs supplementing with a narrower focus. 
In looking at employment, for example, it helps to break the total employment picture down into three primary sectors.

Cyclical Services, which include information services, fire, professional [...]