Tag Archives: unemployment report

Consumers Are Doing Fine

Posted on July 13, 2012 by Popular Economics Weekly

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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Jobs Key to 2012 Election

Posted on April 5, 2012 by Popular Economics Weekly

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 →

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Where is the Housing Bottom?

Posted on February 10, 2012 by Popular Economics Weekly

The Mortgage Corner The housing bottom is really a function of incomes, jobs, and inventory of houses for sale. All three indicators are favorable for housing sales to pick up this year. But prices have to bottom first. The main … Continue reading →

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Why the Surprising Jobs Report?

Posted on February 8, 2012 by Popular Economics Weekly

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 →

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Austerity (That) Doesn’t Work

Posted on December 3, 2011 by Popular Economics Weekly

Financial FAQs It turns out that austerity doesn’t work, when it means tax cuts for the wealthy but spending (and so income) cuts for the rest of US. But austerity does work when applied to the wealthiest who have used … Continue reading →

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Where are the Jobs?

Posted on June 3, 2011 by Popular Economics Weekly

Popular Economics Weekly We know that economic growth has slowed in the first quarter—falling from 3.1 percent growth to 1.8 percent in the second estimate of Q1 GDP growth. But even with slower growth, all sectors are still hiring. And … Continue reading →

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The Real Employment Picture

Posted on April 5, 2011 by Popular Economics Weekly

Popular Economics Weekly Nonfarm payroll employment increased by 216,000 in March, and the unemployment rate was little changed at 8.8 percent, the U.S. Bureau of Labor Statistics reported today. It is a start, but we have a long way to … Continue reading →

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More Jobs in 2011!

Posted on March 4, 2011 by Popular Economics Weekly

Popular Economics Weekly The jobs market is in full recovery mode this spring. March seems to be the month when shoppers begin to shop in earnest and employers are hiring again. Both the service and manufacturing sectors of the economy … Continue reading →

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Productivity Soaring–Where Are the Jobs?

Posted on February 4, 2011 by Popular Economics Weekly

Financial FAQs In spite of Mideast unrest (when was it restful?), and the massive snow job hitting most of the U.S. (the biggest storm of the century?) the output of goods and services continues to improve. Businesses through the fourth … Continue reading →

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QE2 Will Stimulate Economic Growth

Posted on November 10, 2010 by Popular Economics Weekly

Popular Economics Weekly In a bid to stimulate banks to lend more by increasing their reserves, the Federal Reserve announced QE2 (Quantitative Easing 2). It will be buying up to $600 billion in Treasury securities from banks who hold them. … Continue reading →

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