Tagged: michael pakko

Interpreting the Unemployment Rate (Michael Pakko Commentary)

by Michael Pakko 1/20/2014 12:00 am

The most commonly cited measure of labor market conditions is the unemployment rate, defined as the ratio of number of employed to number of labor force participants. But the unemployment rate expresses itself as a fraction of the labor force, it provides an incomplete picture, and it can give misleading signals. During the recent recession and recovery, for example, labor force participation has fallen sharply — and unlike unemployment rates, participation rates have shown little sign of recovery.

Michael Pakko: Economic Recovery Still Slow in Arkansas

by Mark Carter 11/6/2013 1:09 pm

While Arkansas weathered the recession a little better than the rest of the nation, it has fallen behind the U.S. in terms of post-recession economic recovery, according to UALR economist Michael Pakko.

Atlanta Fed Official to Address National Outlook at UALR's Economic Conference

by Arkansas Business Staff 10/29/2013 9:17 am

David Altig, executive vice president and director of research for the Federal Reserve Bank of Atlanta, will address the national economic outlook at the 2013 Arkansas Economic Forecast Conference on Nov. 6.

CEO Vs. Worker: New Rule Requires Pay Ratio Disclosure

by Jan Cottingham 10/28/2013 12:00 am

After three years, the Securities & Exchange Commission is finally following through on one of the Dodd-Frank law’s more controversial requirements: It has proposed that public companies disclose how the pay of their CEOs compares to that of their workers.

Greene, Craighead See Population Growth Since 2010

by Associated Press 3/24/2013 3:19 pm

The population in Greene County increased the sixth most of any Arkansas county from 2010 to 2012, according to recently released United States Census numbers.

Report: October State Revenue Down 2.5 Percent

by Lance Turner 11/2/2012 11:29 am

Arkansas' October net available general revenue collections totaled $355.6 million, down $9 million or 2.5 percent, from the same month last year.

More Notes from Tuesday's Economic Forecast Conference

by Mark Carter and Lance Turner 11/2/2012 10:59 am

While we focused mainly on Michael Pakko's Arkansas economic forecast, there were some other Arkansas-related notes from economist Chris Varvares' national outlook we wanted to toss out there.

Video: Michael Pakko Says More Slow Growth Ahead, No Matter Who Wins Election

by Mark Carter 10/30/2012 2:20 pm

Michael Pakko's "broken record" of slow, steady growth for the Arkansas economy was played again at Tuesday's 2012 UALR Economic Forecast Luncheon at the Clinton Center's Great Hall.

Michael Pakko to Deliver State Economic Forecast

by Mark Carter 10/30/2012 7:35 am

Michael Pakko will reveal his latest Arkansas economic forecast Tuesday, Oct. 30, at UALR's 2012 Economic Forecast Conference at the Clinton Presidential Center. Also, Chris Varvares of Macroeconomic Advisers of St. Louis will deliver the national economic forecast. And author W. Michael Cox will deliver the keynote address.

Arkansas Retailers Hope Holiday Season Is Happy

by Mark Friedman 10/8/2012 12:00 am

This holiday season will be a mixed bag for Arkansas retailers. While some are projecting about the same sales as last year, others forecast higher sales during the holiday shopping season. Includes THVideo.

Metrics Show Arkansas' Slow, Fragile Economic Rebound

by Jan Cottingham 7/30/2012 12:00 am

Arkansas economic indicators signal that the state generally is surpassing the U.S. rebound from the recession, but Arkansas' bounce-back is slow and fragile.

Randy Zook on the State of Manufacturing in Arkansas

by Mark Carter 11/11/2010 9:20 am

Arkansas State Chamber of Commerce CEO Randy Zook was a manufacturing messenger at the Fall 2010 Arkansas Economic Forecast Conference on Nov. 10.

From the Jobs Front: State Unemployment Rate Dips

by Mark Carter 8/20/2010 10:36 am

The state's unemployment rate dipped a percentage point to 7.4 percent in July. That's now more than two points under the national rate, which seems fixed at 9.5 percent.

State Personal Income Up, Unemployment Down

by Mark Carter 6/23/2010 9:31 am

Data released last week reveals that personal income in Arkansas was up for the second consecutive quarter. The rate of growth may be low compared to most of the rest of the country, but that's because Arkansas didn't have as far to come back.

Economic Recovery and Lagging Job Growth

by Mark Carter 4/26/2010 3:43 pm

A general consensus seems to exist among economists concerning the main thing -- the only thing? -- holding back unstifled economic recovery. And that's lagging job growth.

Experts Say Arkansas Jobs On Their Way Back

by Mark Carter 3/18/2010 12:47 pm

Arkansas' unemployment rate has remained steady at 7.6 percent for a couple of months, and continues to track much better than the national rate of 9.7 percent.