Tag Archives: unemployment

Labor’s Day Not Celebrated?

Posted on September 5, 2014 by Popular Economics Weekly

Financial FAQs It looked like August’s unemployment report would celebrate this year’s Labor Day in a big way. We know it because most employment indicators point to many more jobs this year that also pay more. Starting with the August … Continue reading →

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What is Yellen’s Real Unemployment Rate?

Posted on July 3, 2014 by Popular Economics Weekly

Financial FAQs Fed Chairwoman Janet Yellen spoke with IMF President Christine Lagard at an epoch-making conference yesterday. It was epoch-making (with luminaries such a ex-Fed Chair Paul Volcker in attendance), because Ms. Yellen told us which unemployment rate she and … Continue reading →

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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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What Did Janet Yellen and FOMC Really Say?

Posted on March 20, 2014 by Popular Economics Weekly

Popular Economics Weekly The moment that the Federal Reserve’s FOMC meeting ended, and its comments were released, interest rates rose. Why? Because bond-holders and currency traders in particular (the dollar exchange rate rose, also), believed that the Fed could raise … 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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Unemployment Still the Problem

Posted on January 13, 2014 by Popular Economics Weekly

Financial FAQs Friday’s U.S. unemployment report might have been an aberration due to the severe winter with just 74,000 nonfarm payroll jobs created, according to the Bureau of Labor Statistics, but how many of those workers who left the labor … 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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Thanks For Nothing, Washington!

Posted on November 7, 2013 by Popular Economics Weekly

Financial FAQs Democrats have bought the Republican lie that Democrats were the big spenders, it seems, with the draconian federal budget cuts enacted over the past 2 years. But recent statistics show it’s been the Republicans since 1980 that created … 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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