Category Archives: Economy

Why are So Many Quitting?

Posted on November 17, 2021 by Popular Economics Weekly

Popular Economics Weekly Calculated Risk Several headlines last Friday screamed 4.4 Million Workers Quit Their Jobs, as if that was the most important takeaway from the Labor Department’s October JOLTS report. But there were also 6.5 million hires (dark blue … Continue reading →

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Where are the Truck Drivers?

Posted on November 15, 2021 by Popular Economics Weekly

Financial FAQs @PaulKrugman If one picture can save 1,000 words, then maybe Nobel Laureate Paul Krugman’s citing of the huge decline in average hourly wages of Production and Non-supervisory Employees in Transportation and Warehousing since the 1970s goes a long … Continue reading →

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“It’s the COVID Pandemic, Stupid!”

Posted on November 10, 2021 by Popular Economics Weekly

Financial FAQs FREDcpi Why the supply-chain bottlenecks and soaring inflation? “It’s the COVID pandemic, stupid.” say many economists. President Biden’s $1.2 trillion Infrastructure Investment and Jobs Act (IIJA) was passed just in time to slow the inflation climb and make … Continue reading →

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Payroll Employment Roars Back

Posted on November 5, 2021 by Popular Economics Weekly

Popular Economics Weekly MarketWatch Who said the labor shortage is holding back job gains? Not for the moment. It looks like the roaring 2020s are beginning to roar in earnest this fall as we slowly exit the pandemic. Total nonfarm … Continue reading →

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Manufacturing, Service Sector Growth Prolong Recovery

Posted on November 4, 2021 by Popular Economics Weekly

Financial FAQs FREDmanufacturing U.S. manufacturing and service sector activity continued to climb, despite the price hikes and supply bottlenecks. And we are just at the beginning of the holiday shopping season. Both economic sectors per the ISM supply managers’ indexes … Continue reading →

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JOLTS Report Shows Improved Jobs Market

Posted on October 14, 2021 by Popular Economics Weekly

Financial FAQs Calculated Risk Job openings are plentiful as ever in the Labor Department’s Job Openings and Labor Turnover Survey (JOLTS) report for September. It gives the best picture of job growth, better than last Friday’s punk unemployment report (with … Continue reading →

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Why So Few Jobs?

Posted on October 11, 2021 by Popular Economics Weekly

Popular Economics Weekly NPR.org Is hiring cooling off with the cooler weather? We really don’t know, in spite of the punk employment numbers. Economists don’t agree on why employers added just 194,000 jobs in September, according to the Labor Department’s … Continue reading →

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Why Have a Debt Ceiling Debate?

Posted on October 7, 2021 by Popular Economics Weekly

Financial FAQs FREDdebtgdp We might have just been saved from an immediate default on the national debt with all of its consequences. Senate Minority Leader Mitch McConnell late on Wednesday made a new offer to the Democratic-run Senate as lawmakers … Continue reading →

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U.S. Manufacturing Output Surging

Posted on October 4, 2021 by Popular Economics Weekly

Financial FAQs FREDmanuoutput Growth in the U.S. manufacturing sector is exploding, according to the Institute for Supply Managers Report on Business. Output is up 17 percent in Q2 2021 YoY. It is a great sign of overall economic growth for … Continue reading →

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What Happened to the Civil War?

Posted on September 29, 2021 by Popular Economics Weekly

Answering Kennedy’s Call NPR.org Removal of the largest Robert E. Lee statue from its prominent place in central Richmond, Virginia is a sign of the times. We are no longer fighting what has been called a ‘cold’ civil war. Not the majority … Continue reading →

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