Tag Archives: jobs

288,000 Payroll Jobs Created

Financial FAQs Is the Great Recession finally over? It would seem so with total nonfarm payroll employment up by 288,000, and the unemployment rate down by 0.4 percentage point to 6.3 percent in April, the U.S. Bureau of Labor Statistics … Continue reading

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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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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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What Happened to the Bush Tax Cuts?

Popular Economics Weekly The debt ceiling debate is about to begin again, and House Speaker Boehner has said he will continue to press for more tax cuts without raising additional revenues, reviving the possibility of more budget gridlock and credit … Continue reading

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The War on Workers

Popular Economics Weekly We are seeing what can only be called a war on workers by Tea Party Republicans in particular. Who are workers? The 80 percent of consumers who are wage and salary earners. And they have not done … Continue reading

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