Unemployment Rateaudio & video

Obama on the economy

audio

8 Jan 2009

Obama on the economy 

President-elect Barack Obama is warning of dire and lasting consequences if Congress doesn't act on his economic stimulus plan.

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[1:39]..." possible. If nothing is done this recession could linger for years. The unemployment rate could reach double digits. Our economy could fall one trillion dollars short of its full capacity which translates into more. Than 12000 "...

timeline

17:51

Face The Nation, 12.28.08

video

28 Dec 2008

Face The Nation, 12.28.08 

Chip Reid speaks with President-elect Barack Obama's White House Senior Advisor David, Ill. Lieutenant Gov. Pat Quinn and Nobel Laureate in Economics Paul Krugman.

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[20:29]..." envelopes says it takes roughly 200 billion a year to cut the unemployment rate by 1% from what it would otherwise be. In the absence of this program we could very easily be looking at 10% unemployment rate. It's you do the math he saved you know even these enormous numbers were hearing about are probably enough to mitigate. But "...

timeline

24:58

Mass.

audio

18 Dec 2008

Mass. unemployment Mass. rate hasn\'t been this high in 5 years  

WBZ\'s Anthony Silva gets perspective on the November unemployment rate , which is up to 5.9%, from UMass/Amherst Economics Professor Richard Wolff.

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[0:03]..." third consecutive month basic companies have been slashing jobs. As the State's unemployment rate for November at its highest level in more than five years to five point 9%. The states is even normally stable areas "...

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3:39

Latest jobless figures

audio

18 Dec 2008

Latest jobless figures 

WBZ's Ed Walsh talks with David Wyss, chief economist at Standard & Poor's, about the latest jobless report.

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[1:13]..." Very -- expecting the unemployment rate continue to go up we're expecting employment continue to fall I don't -- going to bottom unemployment until the middle of the year. And were probably decorated of people on the unemployment rate until year -- "...

timeline

3:02

Unemployment claims rise

audio

11 Dec 2008

Unemployment claims rise 

WBZ's Ed Walsh talked with David Wyss, chief economist at Standard and Poor's, about the larger-than-expected increase in first-time unemployment benefit claims.

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[0:58]..." And how about the -- unemployment rate what does innocent people look at. As 2009. Goes on. "...

[1:04]..." But in a primary to lagging indicator -- market leading indicator the unemployment rate to lagging indicator we don't expect that hit a peak until late next year. And probably a -- and half percent. "...

[2:58]..." treatment called a depression that in the 1930s. They're looking at 25% unemployment rate 27% drop in GDP. We're a long ways that. "...

timeline

3:43

Bleak forecast

audio

5 Dec 2008

Bleak forecast 

Harvard Economist Dale Jorgensen tells WBZ's Rod Fritz that the latest economic news is only the beginning.

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[0:05]..." in November that is the most. Since 1974. And it pushes the unemployment rate to six point 7%. Joining me live now on WBZ is dale Jorgenson an economist at Harvard university and mr. Jorgensen. These "...

[0:32]..." And would you expect and that the unemployment rate will continue to grow through about how much longer. "...

timeline

1:32

Obama picks Richardson to head Commerce

audio

3 Dec 2008

Obama picks Richardson to head Commerce 

The president-elect also takes about the economy and the proposed auto bailout.

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[2:30]..." 80000. New jobs. And under his leadership New Mexico saw the lowest unemployment rate in decades. As a former secretary of energy bill understands the steps we must take. To build a new clean energy industry "...

timeline

17:44

Patrick Among Governors Meeting Obama Tuesday

video

1 Dec 2008

Patrick Among Governors Meeting Obama Tuesday 

Massachusetts Gov. Deval Patrick is among the many governors meeting with President-Elect Barack Obama on Tuesday. Joe Shortsleeve has more.

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[1:28]..." to see some of those investments right here in Massachusetts where the unemployment rate has now jumped to five point 5%. The governor says he intends to -- lobby an Obama administration. To support federal legislation "...

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2:25

Where the economy is headed

audio

26 Nov 2008

Where the economy is headed 

WBZ's Ed Walsh speaks with Dr. Alan Sinai, Chief global economist and President of Decision Economics.

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[1:12]..." the economy sure the unemployment rate which is right now 60% could Welby. 8% by the middle of next year in the job losses. Probably will be -- "...

timeline

7:38

Is there a light at the end of the tunnel?

audio

20 Nov 2008

Is there a light at the end of the tunnel? 

Moody's economist Mark Zandi spoke in Boston about his economic predictions.

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[23:17]..." may need that kind of growth to just to maintain the the unemployment rate. He needed consisting growth above that to bring unemployment rate down to this this which suggested unemployment is going to rise. -- well into 2010. In Calgary today it's six point 5%. "...

timeline

30:31

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