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Tag Archives: unemployment
Where’s the Recession–Part II?
Financial FAQs The unemployment report for May had little weakness, further evidence that the recent Harris poll results—in which 55 percent of those surveyed believed the US is in a recession—doesn’t reflect reality. In fact, total nonfarm payroll employment increased … Continue reading
Posted in Consumers, COVID-19, Economy, Keynesian economics, Politics, Weekly Financial News
Tagged economics, Economy, inflation, macroeconomics, unemployment
1 Comment
Where’s the Recession?
Financial FAQs The most recent Harris-Guardian poll found 56 percent of those surveyed thought the US was in a recession. And 49 percent believed unemployment was at a 50-year high. How is that possible when the economic facts are exactly … Continue reading
Posted in Consumers, COVID-19, Economy, Politics, Weekly Financial News
Tagged economics, Economy, finance, inflation, unemployment
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Still Fully Employed!
Popular Economics Weekly Ho hum. The U.S. economy was still fully employed in December. How boring! The St. Louis Fed (FRED) graph below shows the American economy has been at full employment since December 2021 when the unemployment rate first … Continue reading
Posted in Consumers, COVID-19, Economy, Macro Economics, Weekly Financial News
Tagged Economy, employment, inflation, news, unemployment
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America’s Immigration Problem
Popular Economics Weekly CalculatedRiskBlog The Calculated Risk graph says it best in the Labor Department’s latest Job Openings and Labor Turnover Survey (JOLTS). There are still about one million more job openings (yellow line) than hires (blue line). There have … Continue reading
Posted in Consumers, Economy, Macro Economics, Weekly Financial News
Tagged immigration, job openings, JOLTS report, unemployment
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Why aren’t Wages Growing Faster?
Popular Economics Weekly Graph: FRED Interest rates are far too low for this late in the recovery from the Great Recession. We know this because the Treasury Yield Curve has been falling that measures the difference between the 10-year and … Continue reading
What, Too Many Job Openings?
Financial FAQs We are now seeing real evidence of the need for more working adults, if the US economy is to continue to grow. The Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS report, said April job openings … Continue reading
Posted in Economy, Politics, Uncategorized, Weekly Financial News
Tagged infrastructure spending, JOLTS, public investment, unemployment
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Consumer Spending Down, Recession Looms?
Popular Economics Weekly Wow! First-quarter GDP was paltry enough at 0.7 percent but consumer spending was even more paltry, at only 0.3 percent for the most embarrassing annualized pace since 2009. Unemployment is unusually low and consumer confidence unusually high … Continue reading
Posted in Consumers, Economy, Politics, Weekly Financial News
Tagged consumer confidence, consumer spending, GDP growth, inflation, PCE, unemployment
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U.S. Will Badly Need Immigrants
Popular Economics Weekly For most of the past half-century, adults in the U.S. Baby Boom generation – those born after World War II and before 1965 – have been the main driver of the nation’s expanding workforce, reports the PEW … Continue reading
Posted in Consumers, Economy, Weekly Financial News
Tagged capex spending, GDP growth, immigration, labor productivity, PEW Research, unemployment
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Strong Retail Sales, Job Growth in 2017?
Financial FAQs The prospects for 2017 growth are confusing, to say the least. For instance, will Prez-Elect Trump initiate multiple trade wars by pushing through tariffs on foreign imports to bring manufacturing jobs home to the U.S.? And/or will this … Continue reading
Posted in Consumers, Politics, Weekly Financial News
Tagged dollar, exports, JOLTS report, retail sales, unemployment
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Jobs Report—Not Yet Full Employment
Popular Economics Weekly The unemployment rate rose slightly to 5 percent for the first time since April, the government said Friday, though that was mainly because 444,000 people entered the labor force. There are still too many unemployed, in other … Continue reading
Posted in Consumers, Economy, Politics, Uncategorized, Weekly Financial News
Tagged EU, euro zone, Federal Reserve, interest rates, payroll jobs, unemployment, unemployment rate
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