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 »
Our friends at the Josiah Barlett Center for Public Policy posted this interest article on their web site: The August jobs report seemed rosy on the surface; unemployment dropped from 7.4% to 7.3%, and 169,000 jobs were added. Looking closer at the data we see that this is anything but good news. While unemployment did… Read More »
Here’s an interesting article published on the FreeEnterprise.com website A generational twist threatens this country’s social and economic well-being. Fewer 16 to 24 year-olds are employed than at any time since World War II. In 2000, twice as many young people were working than men and women old enough to be their grandparents. Today, many… Read More »
Here’s an interesting article by Shobhana Chandra, first published in Bloomberg, and republished on the Friends of the U.S. Chamber of Commerce web site. Payrolls in the U.S. climbed less than projected in August after smaller gains the prior two months, indicating companies are being deliberate in their hiring as they wait for a pickup in… Read More »
Here’s an interesting article, first published in The Wall Street Journal by Ben Casselman, and then republished on the Friends of the U.S. Chamber of Commerce web site. For those left behind by the long, slow economic recovery, time is running out. More than four years after the recession officially ended, 11.5 million Americans are unemployed, many… Read More »
Here’s an interesting article from our friends at the Josiah Bartlett Center for Public Policy According to the data released by the Bureau of Labor Statistics, the unemployment rate dropped by .2 percentage points, to 7.4%. The Establishment Survey Data showed the creation of 161,000 non-farm pay roll jobs. On the surface it looks like… Read More »
An interesting analysis by Josh Elliott-Traficante, published on the The Josiah Bartlett Center for Public Policy web site The June unemployment rate remained unchanged at 7.6%. While the ranks of the unemployed grew by 17,000, the increase was not large enough to change the rate. The number of those not in the workforce grew by… Read More »
An interesting article from FreeEnterprise.com. The May jobs numbers look as gray as the rainy weather up and down the East Coast. It was better than many expected, but Sam Ro at Business Insider points out, “[I]t continues to reflect a labor market that remains incredibly weak almost four years into the economic recovery.” The Bureau of… Read More »
An interesting article from the Josiah Bartlett Center for Public Policy According to the BLS, the national unemployment rate fell in March to 7.6%, from 7.7% in February. On the surface it would appear that the labor is recovering, however the data contained within the report shows the opposite to be true. Labor Force Participation… Read More »
An interesting analysis by Bloomberg on fuel prices. Wholesale prices in the U.S. climbed in February for a second month, reflecting a jump in energy costs that are now dissipating. The 0.7 percent increase in the producer price index matched the median estimate in a Bloomberg survey of 72 economists and followed a 0.2 percent advance the prior month,… Read More »