Three of the better-known economists in North Carolina commented on the current state of the economy late this week, in anticipation and response to today’s BLS unemployment report for August. Here is a sample what they posted on the LocalTechWire blog:
Dr. Michael Unger, director of the Philosophy, Politics, and Economics Program at Duke University, offers some historic insight into the period some are trying to compare the present to, the mid-1930’s.
Dr. Michael Walden, William Neal Reynolds Distinguished Professor for the Department of Agricultural and Resource Economics at North Carolina State University, suggests the recent growth is slowing down considerably.
Finally, Dr. James Kleckley, director of the Bureau of Business Research in the College of Business at East Carolina University, focuses his attention on the job front, and how its lack of growth is an even bigger issue than the economy as a whole.