Tag Archives: Economy

Almost ONE MILLION drop out of labor force

Unemployment rises to 7.3%. Not a good month at all when you look at the big picture, according to Zero Hedge, as reported in the Right Scoop. But more importantly, the number of people not in the labor force exploded by nearly 1 million, or 932,000 to be exact, in just the month of October, to a… Read More »

Factory Slowdown Shows U.S. Has Little Traction

Here’s an interesting article by Jeanna Smialek & Lorraine Woellert, originally published by Bloomberg, and reprinted on the Friends of the U.S. Chamber of Commere website. Factory output rose less than forecast in September and contract signings for U.S. home purchases fell the most in three years, showing the economy was having trouble gaining traction before the… Read More »

Unemployment Rate Dips To 7.2 Percent, But US Job Creation Weakens

Here’s an interesting article by Mark Trumbull, first published in  The Christian Science Monitor, and reprinted on the Friends of the U.S. Chamber of Commerce website. The US unemployment rate fell in September to 7.2 percent, but the economy added a disappointing 148,000 new jobs. And by one important measure the job market is stagnant: The number… Read More »

Entitlement Programs Will Devour the Federal Budget

Here’s another interesting article from FreeEnterprise.com As Congress and the administration continued to be at loggerheads over re-opening the government and raising the debt limit, Nial Ferguson in the Wall Street Journal warns that “the fiscal position of the federal government is in fact much worse today than is commonly realized.” He explains: True, the federal deficit… Read More »

Fewer Middle Age Americans Buying Life Insurance

An interesting article from the CBS4 in Denver’s web site. DENVER (CBS4) An insurance industry survey finds that fewer middle aged Americans are buying life insurance. The numbers show that between 2008 and 2013, there was a 35-percent decline in the number of middle aged Americans carrying life insurance. Many of them say the weak economy… Read More »

GO-NOWHERE GENERATION: Why Young People Are Stuck

The Business Insider looks at the millennial generation’s lack of incentive to do whatever it takes to find work. At a time when young Americans have never been more connected, they sure have gotten used to staying put. The chance that 20-somethings would pack up and move to another state has fallen by more than 40%… Read More »

Here Are The Counties In America With Above-Median Incomes

Here are interesting statistics published on the Business Insider web site. The U.S. Census Bureau has a ton of fantastic data visualizations, and one that is completely striking is the Bureau’s look at median income by county. The national median income is $51,914. However, there’s a huge range. Some counties are remarkably poor and others are… Read More »

Mort Zuckerman: A Jobless Recovery Is a Phony Recovery

Here’s an OpEd from the Wall Street Journal I think you’ll find very interesting. More people have left the workforce than got a new job during the recovery—by a factor of nearly three. In recent months, Americans have heard reports out of Washington and in the media that the economy is looking up—that recovery from… Read More »

What Entitlement Program Will Go Broke First?

An interesting article by Sean Hackbarth What federal entitlement program is closest to fiscal collapse? Medicare? No. Social Security? Negative. Medicaid? Uh-uh. While the three above are in peril, the “award” goes to the Social Security Disability Insurance Fund (SSDI), which is expected to run out of money in 2016. Read more Originally published July 2013. Reprinted by permission, freeenterprise.com,… Read More »

FED Divided on Ending Stimulus

An interesting article by Peter Schroeder, published on the Friends of the US Chamber of Commerce web site Federal Reserve officials are divided over when to cut off economic stimulus and how to tell the public about it, minutes from the central bank’s latest meeting reveal. The minutes from the June 18-19 meeting show Fed officials… Read More »