Unemployment numbers are out: payrolls dropped by 247,000 and the jobless rate fell to 9.4 percent. Lakshman Achuthan, managing director of the Economic Cycle Research Institute, joins The Takeaway with what this means for economic recovery.
Economic analyst Lakshman Achuthan joins The Takeaway with his predictions for current unemployment rates, while Femi Oke reports from the ASPCA in New York City, where the rates of pet adoptions tend to follow people’s economic well-being.
The Economy: What Do the ‘Leading Indicators’ Say?
The Takeaway looks at where the economy is now and where it’s headed. Lakshman Achuthan, the Managing Director of the Economic Cycle Research Institute, joins us with details on the leading indicators in economic recovery.
Federal Reserve Chairman Ben Bernanke will testify before Congress on the state of the economy. The Takeaway is joined by Lakshman Achuthan, managing director of the Economic Cycle Research Institute, a company that forecasts recessions and recoveries.
Goldman Sachs made headlines with their record quarterly earnings, taking in $3.44 billion in just four months. Here to help The Takeaway figure where the economy is headed is Lakshman Achuthan, managing director of Economic Cycle Research Institute.