Tag Archives: unemployment rate

Bidenomics Works–Part II

Posted on November 5, 2024 by Popular Economics Weekly

Popular Economics Weekly Calculated Risk September’s unemployment rate remained at 4.1 percent but reported just 12,000 new payroll jobs due to the hurricanes and Boeing aircraft strike of 30,000 machinists. Total nonfarm payroll employment was essentially unchanged in October (+12,000), … Continue reading →

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The Path to Economic Recovery

Posted on December 7, 2020 by Popular Economics Weekly

Financial FAQs Calculated Risk There is a path to economic recovery from the worst recession since the Great Recession—and maybe the Great Depression. But it means escaping from the free market economic orthodoxy that has prevailed since 1980, and which … Continue reading →

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Employment Picture Still Unclear

Posted on August 7, 2020 by Popular Economics Weekly

Popular Economics Weekly Marketwatch.com The official unemployment rate fell for the third month in a row to 10.2 percent from 11.1 percent, the government said Friday. The hot pace of U.S. employment growth in the late spring gave way in … Continue reading →

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Job Losses Still Too High

Posted on June 25, 2020 by Popular Economics Weekly

Popular Economics Weekly St.LouisFRED The U.S. economy is recovering very slowly, in part because the number filing for first-time unemployment benefits is still too high (see above graph). Why? Businesses are still shedding workers because the COVID-19 pandemic is not … Continue reading →

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Why Has U.S. Made Such a Mess of It?

Posted on June 4, 2020 by Popular Economics Weekly

Popular Economics Weekly Wrightson.com Private sector employment decreased by – 2,760,000 jobs from April to May according to the May ADP National Employment Report®, much less than the original estimate of –8 million jobs. It precedes Friday’s official government unemployment … Continue reading →

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Why Has U.S. Made Such a Mess of It?

Posted on June 3, 2020 by Popular Economics Weekly

Popular Economics Weekly Wrightson.com Private sector employment decreased by – 2,760,000 jobs from April to May according to the May ADP National Employment Report® released today that precedes Friday’s official government unemployment report for May. Friday’s unemployment report is predicted … Continue reading →

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Will Those Jobs Return?

Posted on May 25, 2020 by Popular Economics Weekly

The Mortgage Corner Wrightson.com Initial claims for unemployment benefits fell by just 249K to 2.438 million in seasonally adjusted terms in the week of May 16, as the businesses begin to reopen in all 50 states.  The aggregate level of … Continue reading →

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Why the Huge Jobs Report?

Posted on July 5, 2019 by Popular Economics Weekly

Financial FAQS MarketWatch The unemployment rate edged up to 3.7 percent from 3.6 percent as more than 300,000 people entered the labor force in search of work, the Labor Department said Friday. That has confounded those that see slowing economic … Continue reading →

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Why the Fed’s Obsession With Inflation?

Posted on December 20, 2018 by Popular Economics Weekly

Popular Economics Weekly tradingeconomics.com/FRED The Federal Reserve’s December FOMC statement, said, after increasing their overnight rate another one-quarter percent: “Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. The Committee judges that some further … Continue reading →

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Where is Inflation, and Higher Growth?

Posted on March 14, 2018 by Popular Economics Weekly

Financial FAQs The drumbeat for a higher inflation target is picking up. The Chicago Fed’s Charles Evans recently advocated a less hawkish Fed stanch on maintaining the 2 percent inflation target with few signs of inflation even on the horizon. … Continue reading →

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