ATLANTA - Georgia remains mired in a severe employment recession, even as the rest of the economy enjoys a modest recovery, according to an economic forecast released Wednesday that predicted Augusta's work force will shrink by 2.5 percent this year and 1.8 percent the next. Job losses across the state will continue through 2010, according to a quarterly report issued by the Economic Forecasting Center at Georgia State University.
... Professor of Pediatrics at the University of Colorado Health Sciences Center and the Directo...Rajeev Dhawan is director of the Economic Forecasting Center at Georgia State University's R...
ATLANTA - Augusta's economy will tread water this year, according to a report released Wednesday by the Economic Forecasting Center at Georgia State University. The latest outlook projects a 0.9 percent growth rate for Augusta during this year, with the state as a whole adding jobs at a pace of 1.5 percent.
ATLANTA - Augusta's economy is expected to keep chugging along at about half the pace as the state as a whole, according to a forecast released Wednesday. Augusta's modest 0.9 percent rate of job creation for the balance of 2006 would still exceed the 0.4 percent rate for all of last year, notes the Economic Forecasting Center at Georgia State University in Atlanta.
Green energy" is proving to be no miracle solution to the nation's monumental unemployment problems, and it is doing little to help the economy emerge from its deepest recession in decades, economists say. A large part of the $786 billion stimulus bill was devoted to green or renewable energy projects, with President Obama, Democratic legislators and their environmental allies repeatedly promising that the money would be used to create an army of home weatherizers, wind- turbine factory jobs and other employment opportunities that would help put to work the nearly 8 million people who have lost jobs during the recession.
..., said Rajeev Dhawan, director of the Economic Forecasting Center at Georgia State University. "T...
ATLANTA - Augusta's job-creation machine continues to chug along at a modest pace, and a forecast released Wednesday suggests the tempo will continue next year. The number of workers grew 1 percent during the first three months of the year, less than half the state's overall rate of 2.1 percent. Augusta's rate will be at 1 percent for all of 2006, said the Georgia State University Economic Forecasting Center.
The National Bureau of Economic Research crashed the stock market and its own Web server with its December 1 announcement that the economy slipped into recession sometime in December 2007. For workforce planning that requires more precise information, HR executives can turn to the Philadelphia Federal Reserve Bank's panel of forecasters, who are now ready to predict negative GDP growth through the first quarter of 2009. Their forecast calls for GDP to decline at an annual rate of 2.9% in the fourth quarter of 2008 and 1.1% in the first quarter of 2009, with growth rising to 0.8% in the second quarter. Under the center's forecast, any real recovery is unlikely to appear before 2011.
...The Economic Forecasting Center at Georgia State University has issued a so...
The government's projection of stimulus-funded "green" jobs in reality isn't nearly as rosy as promised -- even over the next decade, some economists say. And to suggest these jobs will reinvigorate the economy, as the nation somehow weans itself from oil and coal, is sheer fallacy. President Obama and his Democrat enablers in Congress say up to 5 million jobs would be created by spending $150 billion on alternative energy technologies over the next decade. Thus far, economists report 100,000 or so jobs have been created with only modest growth projected for years to come, according to The Washington Times.
...," says Rajeev Dhawan of the Economic Forecasting Center at Georgia State University. Th...
... sector still reluctant to invest, the economic recovery -- especially job growth -- is expected t... Dhawan, director of the Economic Forecasting Center at Georgia State University's J. Mack Robin...
President Obama has been demanding that banks start lending again, but the unstated secret is that banks are not lending much because they are busy paying back their government aid and covering losses of $1 trillion or more on defaulting loans. Banks and the administration all but abandoned efforts to clean up their immense toxic-loan problems through the bank bailout program earlier this year, and instead have been hastening to settle accounts. All of the top banks have repaid their bailout funds to free themselves from public scrutiny and government interference, and the Treasury has been trumpeting the return of $164 billion in bailout funds by year's end.
...," said Rhajeev Dhawan, director of the Economic Forecasting Center at Georgia State University. "D...
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