Even as the U.S. unemployment rate remained unchanged, health care (http://www.medzilla.com) added another 20,000 jobs. Layoffs were also down overall, although the pharmaceutical industry reported high job cuts due to the Merck/Schering-Plough merger.

Don’t feel badly about slacking off on work during March Madness—you’re expected to. A survey conducted by Charles Clotfelter, professor of economics and law and Z.

There was good news in the latest hiring survey from the National Association for Business Economics — things aren’t as bad as they were.

There was good news in the latest hiring survey from the National Association for Business Economics — things aren’t as bad as they were. Thirty-one percent of firms responding to the October survey said they planned to cut jobs, down from 44 percent in January and 36 percent in July

Warning: Do NOT use before making economic policy.

The worst of the recession likely has passed in most of the U.S., but Florida is on a more difficult road to recovery, according to a new report from Wachovia Economics Group. Florida went into the recession nine months ahead of the rest of the U.S., and excesses in housing and commercial real estate are considerably worse than the nation as a whole, the report says. Statewide, the median sales price of existing homes is down about 45 percent from the peak of the housing boom in November 2005.

What is recession, how does this phenomenon come into existence?   The answer might be simple for some and mindboggling for the others. In world economics, recession refers to the general slowdown in the economics of a country over a period of time

We choose Thomas J. Sargent as our Economist of the Day