Tag Archives: Economy

Job Growth vs. Job Cuts

Popular Economics Weekly “Total nonfarm payroll employment rose by 151,000 in February, and the unemployment rate changed little at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment trended up in health care, financial activities, transportation and warehousing, … Continue reading

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Economic Growth Slowing…Because?

Popular Economics Weekly “The U.S. government is currently under the control of a deeply ignorant, vengeful megalomaniac with zero impulse control. And it’s not just Elon Musk: Trump shares the same characteristics.” Nobel Laureate Paul Krugman AtlantaFed “The GDPNow model … Continue reading

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What Happened to the Minimum Wage?

Popular Economics Weekly As of January 2025, Alabama, Louisiana, Mississippi, South Carolina, and Tennessee have not adopted a state minimum wage. This means that workers in these states earn the federal minimum wage of $7.25 per hour. PBS.org Currently, just 34 states, territories … Continue reading

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Are Consumers In Danger?–Part II

The Mortgage Corner “In February, consumer confidence registered the largest monthly decline since August 2021, This is the third consecutive month on month decline, bringing the Index to the bottom of the range that has prevailed since 2022.” Stephanie Guichard, … Continue reading

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Are Consumers In Danger?

The Mortgage Corner Total consumer credit rose $40.8 billion in December, after a $5.4 billion decline in the prior month, the Federal Reserve said last Friday. In percentage terms, it is the biggest gain since June 2022. FREDconsumercredit Will consumers lose … Continue reading

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The Tariff Wars–Part III

Popular Economics Weekly “It is inconceivable that other countries won’t retaliate, even if some of the governments might not want to retaliate, their citizens will demand that you can’t allow yourself to be beaten up. When you make like a … Continue reading

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Was It a Good Employment Report??

Popular Economics Weekly Total nonfarm payroll employment rose by 143,000 in January, and the unemployment rate edged down to 4.0 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, retail trade, and social assistance. … Continue reading

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Q4 Economic Growth Continues

Popular Economics Weekly Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024 (October, November, and December), according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the … Continue reading

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Fewer Jobs Available

Financial FAQs “It’s gotten harder for the unemployed to find work: Job openings in the U.S. fell at the end of 2024 to the second lowest level since the end of the pandemic.” MarketWatch FREDjobopenings Job vacancies reported by the … Continue reading

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The Tariff Wars–Part II

Financial FAQs “Trump has called “tariff” the fourth most beautiful word in the dictionary behind “God”, “love” and “religion.” CNN FREDdebt/GDP On Saturday, President Trump, just 11 days into his second term, said he will impose a 25 percent tariff … Continue reading

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