Conference Board’s Jobless Recovery
The Conference Board is known for many key economic readings in the US and abroad, but this morning’s data may just add a little more fear that the hope and belief of a stabilizing jobs market are more hope than…
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The Conference Board’s senior economist noted that this “….suggests that we won’t see job growth until the end of the year.” The description of the expected recovery here is a weak one, and echoes that the fears of a jobless recovery are still likely.
Green shoots is a media term that is oh-so “April and May 2009 vintage” but this still keeps the For more details and for how this is calculated, you can look at the full data from the Conference Board.
JON C. OGG
SEPTEMBER 8, 2009
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Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
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A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
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McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
