After a brief reprieve, the specter of a winter jobs drought looms large and frightening.
More Quotes from Peter Morici:
The AFL-CIO is an intellectual Jurassic Park.Peter Morici
We really need some help from OPEC and the Saudis to help control inflation,
Peter Morici
These inflation data, along with slowdowns in retail sales and jobs creation, indicate the economy is cooling, except for the red-hot housing sector and recession-proof activities like health care and education, ... But don't look for the Fed to halt interest rate increases anytime soon. The recovery has plenty of life left.
Peter Morici
It's really the tale of two cities. For highly educated and highly skilled people, especially those who don't face competition from overseas, the job market is pretty good. For others, it's not so good.
Peter Morici
This situation is likely to become worse in the months ahead.
Peter Morici
Consumers are strapped. Their credit cards are maxed, their energy bills are going up and they have less ability to borrow against home equity because interest rates are going higher.
Peter Morici
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