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Tag Archives: unemployment
Let’s Bring Back American Jobs
Popular Economics Weekly It’s well-known that American job formation isn’t keeping up with economic growth, but not why. It’s mostly because corporations have been retaining more of their profits and sharing less with their employees, so that household incomes have … Continue reading
Why Shouldn’t the Fed Do More?
Financial FAQs Fourth Quarter Gross Domestic Product growth was a bust. And so cries are rising for the Federal Reserve to do more to promote growth (since Congress and the White House can’t or won’t). Actually the Fed has done … Continue reading
Unemployment—Why Still So High?
Popular Economics Weekly What will bring US back to full employment is a very big question among economists. The problem is that the 155,000 per month nonfarm payroll average in 2012 isn’t enough to either absorb new entrants, or those … Continue reading
Jobs Picture Much Better Than Forecast
Popular Economics Weekly The Bureau of Labor Statistics gave markets a shot of good news recently, when it revised the one year March-to-March 2012 jobs totals upward by 32,000 per month. This was huge and showed much better jobs growth … 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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What Do June Jobs Numbers Mean?
Financial FAQs Is history repeating itself? Once more the June jobs numbers don’t look so good, but once more they will probably be misleading. Because, once more, it looks like the so-called seasonal adjustments (SA) are overestimating the summer jobs … Continue reading
Labor’s Day—Have We Forgotten What It Means?
Popular Economics Weekly It’s officially the end of summer, start of school, fall colors, and Obama’s upcoming September 8 joint congressional State of the Jobs Market. With the labor market in dire straits, what can we say about this year’s … Continue reading
When Will Hiring Improve?
Financial FAQs All eyes are focused on the jobs market as September’s unemployment report showed progress in private hiring, but a loss of 50,000 education jobs, as states and local governments sliced more than 159,000 jobs off their payrolls. When … Continue reading
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