austan goolsbee News

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Winter Weather Isn't What's Ailing a Sick Jobs Economy

Amid some awfully wicked weather, the U.S. economy last month eked out a feeble number of new jobs, and hundreds of thousands of Americans stopped looking for work, which paradoxically contributed to a drop in the unemployment rate. But today's weak report from the Labor Department wasn't the result of a wintry economic...

Opinion: One Cheer for the Unemployment Number

The sharp drop in the unemployment rate to 9 percent should be treated as good news. Any drop, after all, is welcome. But just how good this news is depends entirely on how low your expectations are for this economic recovery. After all, the unemployment rate has been at or above 9 percent for 21 months now -- a grim...

Unemployment Epidemic May Be Here to Stay

ANALYSIS (Dec. 3) -- The dissatisfying job numbers for November don't just represent one bad month of meager payroll expansion and snowballing unemployment. They paint the picture of a sputtering economy still so weak nearly a year and a half into a recovery that long-term high unemployment seems an increasingly likely...

Obama: Helping the Unemployed Will Help the Economy

(Dec. 2) -- Helping long-term unemployed Americans stay afloat isn't just a good idea, it's an economic necessity. That's the argument the White House is making in a fight to get Republican support for an extension of unemployment insurance for people who have been unable to find work for half a year or longer. Federal...

Opinion: The Tax Cut Debate Explained [VIDEO]

(Sept. 30) -- Austan Goolsbee, the new chair of the Council of Economic Advisers at the White House, tackles the tax cut fight and what it means when congressional Republicans are "holding middle-class tax cuts hostage." Editor's note: This video first appeared on The White House Blog.

austan goolsbee News From the Web

05/30/12 Goolsbee: Europe Badly Misunderstands How A Fiscal... Source: The Business Insider In December the leaders of the EU agreed to a fiscal compact, which Ireland will vote on tomorrow.
05/20/12 Ouch!â¦ Watch Rep. Paul Ryan Spank Former Obama... Source: Gateway Pundit Conservative rock star Rep. Paul Ryan just spanked former Obama Economic Adviser Austan Goolsbee on FOX News Sunday.
05/20/12 Sunday shows: Boehner and Pelosi Source: Politico Austan Goolsbee found himself on the defensive Sunday over Barack Obama's failure to get the deficit under control.
05/20/12 Top Romney surrogate answers Bain attacks with Solyndra Source: FOX News Rep. Paul Ryan, the House budget committee chairman who has emerged as a top Mitt Romney surrogate and is talked about as a possible running mate, countered the Obama campaign's fresh attack on Romney's record at Bain Capital by citing the government's failed gamble on solar panel firm Solyndra.
05/15/12 When is Hedging More Like Speculation? Source: Big Think What's the big deal about J.P. Morgan's $2 billion trading loss?

Background on austan goolsbee

Austan Dean Goolsbee (born August 18, 1969) is an American economist and the Robert P. Gwinn Professor of Economics at The University of Chicago's Booth School of Business.

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