Doubling Down on the Double Dip By Ron Insana About this article: For several months, I have been discussing the possible of a double-dip recession in my TV comments on CNBC. It appears we are getting a double-dip recession, without the requisite intervening recovery. Today's jobless data show a re-acceleration in the number of job losses in the economy and in the unemployment rate. There was nary a sign of improvement in the Labor Department report, with stagnant wages, a falling employment population ratio, a 26-year high in the unemployment rate and a widening in the number of individuals working part-time for economic reasons and dropping out of the workforce. The good news was the drop in the more current jobless claims, but they hover above 600,000. It's hard to continue to make the case for an imminent economic recovery, as Ben Bernanke's "green shoots" are being hit by a weed-whacker! Still, I remain long-term bullish and would be looking to add... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200.

If you choose a 14-day free trial of RealMoney and you do NOT call to cancel within those 14 days, you will pay $129.95 — a $100 savings off the regular annual subscription price of $229.95. Unless you cancel before the end of that year, your subscription will automatically renew for another year at the then-current subscription price.

Offer applies only to new annual subscriptions, and is subject to change at any time. Void where prohibited.

If you choose a monthly subscription, you pay $34.95 per month. You will be notified if the current monthly rate of $34.95 changes at any time in the future.

TheStreet.com is a publisher. None of the contributors or their affiliates will provide you with personally tailored advice concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. From time to time, any or all of the contributors or their affiliates may hold positions in securities mentioned and they may trade for their own accounts. In cases where the position is held at the time of publication, appropriate disclosure is made.

© TheStreet.com, Inc., 14 Wall Street, 15th Floor, New York, NY 10005.