Econ 101: November 8, 2012

Welcome to ThinkProgress Economy’s morning link roundup. This is what we’re reading. Have you seen any interesting news? Let us know in the comments section. You can also follow ThinkProgress Economy on Twitter.

  • The Greek unemployment rate hit a new record high as the country’s lawmakers approved a new round of austerity measures. [Wall Street Journal]
  • Economists predict that Germany is headed for a recession. [CNBC]
  • There were 3.4 unemployed workers for every available job opening in September. [Marketwatch]
  • Home prices rose 7.6 percent over the last year, the largest increase since 2006. [Wall Street Journal]
  • China’s ruling party began its transition to a new set of leaders today. [CNN Money]
  • The European Union and China are having a trade dispute over solar panels. [Reuters]
  • Business leaders are urging Congress to punt on the so-called “fiscal cliff.” [The Hill]
  • The New York Attorney General is investigating whether Craigslist facilitated price gouging in the wake of Hurricane Sandy. [Associated Press]