Unemployment...
Unemployment is on the minds of a lot people these days, including journalists.
What is causing job loss is still a matter of discussion, if not debate, though.
Job loss and recession have traditionally been related to businesses not being able to sell goods, said Sven Arndt, professor of Money, Credit and Trade at
Robert Day School of Economics and Finance.
The job losses in this downturn could be different, Arndt said, in that they might be related to the fact that businesses simply can't get financing for their operations.
About this blog
Economic Alert is a daily blog on business and the economy in the San Gabriel Valley and beyond, featuring updates and observations from the staff of the San Gabriel Valley Newspaper Group. SGVN includes the San Gabriel Valley Tribune, Pasadena Star-News and Whittier Daily News.
Your hosts:
Kevin Smith is business editor for the San Gabriel Valley Newspaper Group. Over the past 15 years, Smith has covered development, housing, employment, technology and financial trends for a variety of newspapers.
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Ryan Carter covers business and the economy for the San Gabriel Valley Newspaper Group.
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Your hosts:
Kevin Smith is business editor for the San Gabriel Valley Newspaper Group. Over the past 15 years, Smith has covered development, housing, employment, technology and financial trends for a variety of newspapers.
Ryan Carter covers business and the economy for the San Gabriel Valley Newspaper Group.
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