Tag Archives: unemployment report

More Jobs Equals Happier Consumers

Posted on November 5, 2012 by Popular Economics Weekly

Popular Economics Weekly It is not secret by now that whoever convinces the majority they are the best jobs creator will win the Presidential election. Today’s 171,000 payroll increase with upward revisions for the past 2 months may tilt things … Continue reading →

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Consumers In Holiday Mood

Posted on October 8, 2012 by Popular Economics Weekly

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 →

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Why Do We Need QE3?

Posted on September 13, 2012 by Popular Economics Weekly

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 →

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August Jobs Report—Manufacturing Slowdown

Posted on September 10, 2012 by Popular Economics Weekly

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 →

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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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