Tag Archives: unemployment report

288,000 Payroll Jobs Created

Posted on May 2, 2014 by Popular Economics Weekly

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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Q1 Wage Growth Highest in 4 Years

Posted on April 19, 2014 by Popular Economics Weekly

Popular Economics Weekly This may finally be the year when jobs and the economic recovery are for real for most Americans. Median weekly wages grew at the fastest pace in the first quarter in more than four years, according to … Continue reading →

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Jobs Recession Finally Over?

Posted on April 5, 2014 by Popular Economics Weekly

Financial FAQs Is the jobs recession finally over? It’s taken this long to bring employment back to pre-Great Recession levels. Overall employment is still slightly below the pre-recession peak (437 thousand fewer total jobs).  But private employment is now above … Continue reading →

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Government Is Missing in Job Creation

Posted on March 12, 2014 by Popular Economics Weekly

Popular Economics Weekly We know now why job creation has been so weak in the recovery from the Great Recession, or Lesser Depression, as some have called it. Governments have lost too many jobs, and that mostly includes public safety … Continue reading →

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JOLTS and Decline of Household Debt

Posted on March 11, 2014 by Popular Economics Weekly

Financial FAQs There is a direct correlation between the increase in job openings announced in the Labor Department’s JOLTS (Job Openings and Labor Turnover) report, and declining household debt. How so? The increase in job opportunities—the number of job openings … Continue reading →

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Weak Employment–American Austerity at Work

Posted on February 10, 2014 by Popular Economics Weekly

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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November’s 203,000 Payroll Jobs Not Enough

Posted on December 6, 2013 by Popular Economics Weekly

Popular Economics Weekly The U.S. Bureau of Labor Statistics reported today unemployment declined from 7.3 percent to 7.0 percent in November, and total nonfarm payroll employment rose by 203,000. But that shouldn’t be enough good news for the Federal Reserve … Continue reading →

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What Should We Be Thankful For?

Posted on November 26, 2013 by Popular Economics Weekly

Financial FAQs There is still much we can be thankful for this Thanksgiving, in spite of tax raises and government spending cuts that affect mostly the poorest—whether it’s less food stamps, early child care, environmental protection, and maybe even fewer … Continue reading →

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Why Is Government So Important?

Posted on October 22, 2013 by Popular Economics Weekly

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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Why Didn’t Fed Reduce QE3?

Posted on September 20, 2013 by Popular Economics Weekly

Popular Economics Weekly Chairman Ben Bernanke attempted to answer that question at his post-FOMC press conference last Wednesday.  He said economic growth has slowed and so the Fed has reduced its growth projection to 2.0 to 2.30 percent for the … Continue reading →

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