Posts Tagged ‘ Unemployment ’

What is Behind the Drop in the Unemployment Rate to 8.6%?

December 2, 2011
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The Bureau of Labor statistics announced today that the U.S. labor market added 120 thousand jobs in October and that the unemployment rate dropped from 9% to 8.6%.  The number of jobs added and lost and the unemployment rate often seem to be out of step as adding or losing  jobs can have a...
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Unemployment Rises to 9.2% in June

July 8, 2011
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The economy continues to signal weakness as unemployment rises to 9.2% in June.  Employers added a net 18,000 jobs falling far below expectations and pushing the unemployment rate up 0.1%. The results fall far below the  7/7 ADP report that had expected unemployment to hold steady at 9.1% with employers adding over 100,000 jobs....
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Unemployment Raises to 9.8%

December 4, 2010
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On Friday, the Bureau of Labor Statistics reported a jump in the unemployment rate to 9.8% signaling a continuation of a weak economy.  Economists were predicting much stronger job growth in November and for the unemployment rate to remain unchanged at 9.6%. The November unemployment rate of 9.8% represents a seven month high as...
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Initial Jobless Claims Continue To Rise

April 17, 2010
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Initial Jobless Claims Continue To Rise

The media and the Obama administration continually spin the jobless claims numbers.  The initial jobless claims go up or down weekly.  When the number goes down, the media and the Obama administration hail the falling initial jobless claims as a sign that Obama’s policies are working.  When the numbers go up the answer is...
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Unemployment Continues to Rise Despite Stimulus

September 5, 2009
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Unemployment Continues to Rise Despite Stimulus

We reported earlier in the year that the stimulus bill isn’t helping the employment picture.  When the Obama administration was pushing for the bill, they said that doing nothing would push unemployment over 8%. On Friday, the labor department reported that unemployment rose to a 26 year high of 9.7 percent. Hotair.com has a...
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Political Stories You Might have Missed – Week ending 6/12

June 13, 2009
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Several interesting things happened this week in the world of politics.  Here are some of the stories that you want to make sure you didn’t miss: Krugman Blames Conservatives for Murders - Paul Krugman explains why conservatives are responsible for several recent murders.  He doesn’t seem to blame himself of the left for other recent events, but...
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Posted in economy, Obama, Stimulus, Taxes | No Comments »

Stimulus Not Putting a Halt to Unemployment

June 6, 2009
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Stimulus Not Putting a Halt to Unemployment

Earlier this year we heard on and on that we had to pass massive stimulus bill to avert the certain disaster that was inherited by the current administration.  If we did not act “boldly”, we were headed off the cliff.  We were even told that if we didn’t pass the stimulus “now”, unemployment could...
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Posted in economy, Obama | 4 Comments »

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