Tag Archives: jobless rate

Wisconsin’s Austerity Lesson

Popular Economics Weekly Governor Scott Walker is having his own problems with the ongoing investigation into staffers using public funds for political campaigning as a County Manager, but it doesn’t seem to faze him as he touts the success of … Continue reading

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Weak Employment–American Austerity at Work

Popular Economics Weekly Is economic growth grinding to a halt, even as pundits predicted better growth in 2014? Nonfarm payrolls have advanced just 188,000 over the past 2 months, when this was the average montly increase in prior months. It … Continue reading

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Higher Economic Growth In 2014

Financial FAQs We should be seeing a huge jump in economic growth this year. Why? Most economists are saying businesses are more optimistic with the federal budget agreement for 2 years, and no more tax increases hanging over consumers (and … Continue reading

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Why Is Government So Important?

Popular Economics Weekly So it turned out to be true, contrary to those who believed less government is better. The government shutdown proved just how important government is to our daily lives. Not only its cost—upwards of $24 billion in … Continue reading

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No Tapering By Fed This Year

Popular Economics Weekly Fed Chairman Bernanke once more ‘clarified’ his remarks, saying there is no way the Fed will even begin to raise their (short term) interest rates when the unemployment rate falls to 6.5 percent. “There will not be … Continue reading

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Consumers Back on Track?

Financial FAQs The one sector of the economy that can revive growth—consumers—look to finally believe the Great Recession is over. Consumer sentiment unexpectedly rose to its highest in five years in October as consumers became more optimistic about the economy … Continue reading

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August Jobs Report—Manufacturing Slowdown

Popular Economics Weekly The headlines said a “weak” job report on Friday. But it had nothing to do with politics or economic policy, at least directly. The jobs drop was all in manufacturing due to problems in Europe and China. … Continue reading

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Taxes Shouldn’t Be the Main Worry

Financial FAQs Economist and British Lord John Maynard Keynes opined in the 1930s that in the end we are all dead, so why worry too much about anything else? Well, this particular election year there is something else worrying both … Continue reading

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Consumers Are Doing Fine

Financial FAQs Consumers seem to be doing fine, in spite of their worries about jobs in the latest University of Michigan sentiment survey, the economy and budget deficits (their own more than governments’). June average hourly earnings improved to a … Continue reading

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What Do June Jobs Numbers Mean?

Financial FAQs Is history repeating itself? Once more the June jobs numbers don’t look so good, but once more they will probably be misleading. Because, once more, it looks like the so-called seasonal adjustments (SA) are overestimating the summer jobs … Continue reading

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