Tag Archives: economics

Where Are the Jobs?

Financial FAQs “Both total nonfarm payroll employment (+50,000) and the unemployment rate (4.4 percent) changed little in December, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in food services and drinking places, health care, and … Continue reading

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Too Few Jobs

Financial FAQs “The number of job openings was little changed at 7.1 million in November, the U.S. Bureau of Labor Statistics reported today. Over the month, hires were little changed and total separations were unchanged at 5.1 million each.” BLS.gov … Continue reading

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Equality Is Good for Everyone–Part II

Popular Economics Weekly “Nineteen states will increase their minimum wages on January 1, boosting earnings for more than 8.3 million workers by a total of $5 billion. In addition, 47 cities and counties will raise their minimum wages, adding to the … Continue reading

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A Better Economy For Whom?

Popular Economics Weekly “…in going from the Biden Administration to the Trump Administration, we have traded an economy that disproportionately benefited low-income workers to one that disproportionately benefits the well-off (particularly those who own a lot of stocks).” Paul Krugman … Continue reading

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Equality Is Good For Everyone!

Answering Kennedy’s Call “And on the tax front, it’s time for rich people like me to pay more.” Mitt Romney Getty/Bettmann This quote from a recent NYTimes Mitt Romney Op-ed is my Christmas message: Equal opportunity hasn’t been available to … Continue reading

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U.S.Economy Adds Jobs in September

Popular Economics Weekly                                     “…while the economy is growing thanks to AI spending, it’s a K-shaped expansion: People who were already affluent are becoming more so, but the less well-off are under severe pressure.” Paul Krugman    FREDnonfarmpayrolls The delayed U.S. … Continue reading

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Why the Recession Calls?

Financial FAQs The Conference Board’s Index of Leading Economic Indicators (LEI), a read on actual economic data rather than an opinion survey like its Consumer Confidence Index, has called a recession. Its Consumer Confidence Index is hinting at the same. … Continue reading

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Are We in a Recession?

Financial FAQs “The preliminary estimate of the Current Employment Statistics (CES) national benchmark revision to total nonfarm employment for March 2025 is -911,000 (-0.6 percent), the U.S. Bureau of Labor Statistics reported today. BLS.gov FREDunemployment There was a lot of … Continue reading

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This Inflation Isn’t Temporary–Part II

Popular Economics Weekly From the same month one year ago, the PCE price index for July increased 2.6 percent. Excluding food and energy, the PCE price index increased 2.9 percent from one year ago. BLS.gov BLS.gov The PCE price index is one … Continue reading

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This Inflation isn’t Temporary

Popular Economics Weekly The Producer Price Index for final demand rose 0.9 percent in July, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices were unchanged in June and moved up 0.4 percent in May. BLS.gov … Continue reading

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