UO E-clips, Nov. 18

Where should bailout dollars go (Christian Science Monitor): At first, the bailouts were only for major financial firms, but a souring economy has created an expanding list of potential recipients for policymakers to consider. Assistance for automakers. New mortgage rescues targeted not at lenders but at struggling homeowners. Aid for cities and states that are running short of cash. Those are some of the sectors where new federal billions could be deployed in coming months. ... "You have to think big at this point," says Tim Duy, an economist at the University of Oregon in Eugene. "You have to think big stimulus [for the economy], and you have to think big financial restructuring."

Pace of Job loss accelerates (Register-Guard): Economists used words like unpleasant, stunning and extreme to describe the state's latest jobs report, and said it left little doubt that recession has tightened its grip on Oregon's economy. Oregon's jobless rate jumped from 6.4 percent in September to 7.3 percent in October, and employers shed 14,100 jobs, the most in nearly 30 years, the state Employment Department said Monday. Those numbers indicate "a substantial worsening of the economic situation," said David Cooke, an economist with the Employment Department. "Both are very large based on historical comparisons."... Economist Tim Duy called the October numbers "decidedly unpleasant."