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Tag Archives: unemployment rate
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
Consumers In Holiday Mood
Popular Economics Weekly Consumers are going to celebrate the holidays in a much bigger way than in recent years. Not only have consumer confidence and expectations been rising since summer, but consumer borrowing is exploding, signaling that we will see … Continue reading
Income Inequality Behind Most Poverty
Financial FAQs There were 46.2 million Americans in poverty in 2011, as median household income decreased to its lowest level since 2000, according to a Census Bureau report released this week that illustrated the toll from ongoing labor-market weakness. The … Continue reading
Why Do We Need QE3?
Financial FAQs It’s not hard to see why we need “QE3”, the Fed’s bond buying program to keep long term interest rates low. It’s almost an act of desperation. The Fed is the only game in town to stimulate growth … Continue reading
Posted in Consumers, Economy, Macro Economics, Politics, Weekly Financial News
Tagged Ben Bernanke, GDP growth, Income inequality, Jackson Hole Federal Reserve conference, James Livingston, Mitt Romney, non-farm payroll employment, Paul Ryan, unemployment, unemployment rate, unemployment report
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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
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
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
Jobs Key to 2012 Election
Popular Economics Weekly We know what will win or lose the 2012 Presidential election—jobs. Will enough jobs be created to give Obama a second term? Or, will enough independent voters change horses (to elephants) and become Republicans, because not enough … Continue reading
2012 Election—The Propaganda Campaign Begins
Financial FAQs Now that Mitt Romney seems to have sewed up the Republican delegates needed for his Presidential candidacy, the war for the Hearts and Minds of Americans begins in earnest. And we can trust that the Lee Atwater—Karl Rove … Continue reading
Why the Surprising Jobs Report?
Financial FAQs Why so much surprise in January’s employment report that added 243,000 payroll jobs and dropped the unemployment rate to 8.3 percent? The U.S. has now added an average of 183,000 jobs a month in the past five months, … Continue reading
Posted in Economy, Housing, Keynesian economics, Weekly Financial News
Tagged construction jobs, construction spending, consumer confidence, Fed Chairman Ben Bernanke, ISM manufacturing survey, ISM NON-manufacturing survey, private nonfarm payrolls, unemployment rate, unemployment report
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