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Posts related to ‘Unemployment’

The Growing Despair Of The American Workforce

Posted: April 25, 2010 at 7:48 pm

The recession is over and unemployment will begin to drop shortly from its perch near 10%. Larry Summers, the head of the National Economic Council,  and Treasury Secretary, Tim Geithner, say ...
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The American Work Force: The Old Push The Young Onto The Bread Line

Posted: April 8, 2010 at 6:31 am

Being young has its advantages, but apparently being employed is not one of those. A new study from the Economic Policy Institute shows that people between 16 and 24 years ...
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Signs Of The Apocalypse: Ratio Of Unemployed To Open Jobs At 5.5 Says BLS

Posted: April 6, 2010 at 12:14 pm

The ranks of the long-term unemployed, those out of work for over 26 weeks, is likely to increase.  In March 2010, 44% of those unemployed were out of work for at least ...
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The Government And Press Both Get Unemployment Wrong

Posted: April 4, 2010 at 8:32 pm

The Labor Department insists that the official unemployment figure is 9.7%. Much of the media says that the government "games" the number and the real number of jobless Americans is ...
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Another Unemployment Disappointment, ADP Down

Posted: March 31, 2010 at 7:31 am

The consensus estimate among economists is that the BLS will say that the US added 140,000 net new jobs in March. That could bring the unemployment rate down by a tenth ...
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March Jobs: What If Productivity Is Just Too Good?

Posted: March 29, 2010 at 3:47 am

The consensus estimates for the March jobs report is that non-farm payrolls improved by 160,000 which would decrease the unemployment rate a one-tenth of a percent or two-tenths. That would ...
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Unemployment Insurance And The Re-Cycling Of Tax Dollars

Posted: March 11, 2010 at 5:02 am

The unemployment rate is slightly below the 10% mark, which seems terribly important psychologically. It seems that the economy is fine if the jobless rate is 9.7% but is ...
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Economists Expect GDP To Falter In 2011

Posted: March 10, 2010 at 6:01 am

Results from the poll used to create the Blue Chip Economic Indicator show that economists believe that US GDP will grow at a slower rate than they had previously forecast ...
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American Millionaires And The Search For Work

Posted: March 9, 2010 at 7:51 pm

The statisticians who occasionally cough up data on employment posted two new sets of numbers today. The first was the traditional monthly report from the BLS called “The Job Openings ...
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Hope Of Employment Improvement In Second Quarter Dims

Posted: March 9, 2010 at 5:28 am

Seventy-three percent of companies polled in a new Manpower survey said their will not hire employees in the second quarter. The Manpower Employment Outlook Survey covers 18,000 companies across all ...
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Unemployment Declined In November

Posted: December 4, 2009 at 9:06 am

The nation's headline unemployment number declined in November, from 10.2% to 10%.  Nonfarm payroll jobs declined by 11,000, with the average decline over the past three months being 135,000.  Job ...
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Unemploment Rate 80s v Current

Unemployment: Then (1982) And Now

Posted: November 16, 2009 at 3:40 pm

Fed Chairman Ben Bernanke commented today that he was concerned that the recovery will not be strong enough to support job growth next year. While the current recession in the United ...
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U3 and U6 October

Charting the Employment Data: Unemployment At 17.5%

Posted: November 6, 2009 at 9:03 am

Unemployment data were released today, showing the national rate to have reached 10.2% in October, its highest level since April of 1983.   This number is the Government's headline unemployment ...
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jobless-lines-pic

Jobless Claims Continue Blistering Pace

Posted: February 12, 2009 at 8:41 am

The weekly jobless claims data has surpassed the dreaded 600,000 mark.  The last week's unemployment lines were down 8,000 to 623,000.  We had weekly jobless claims numbers expected as 610,000 ...
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Pink Slips At Wal-Mart HQ? (WMT)

Posted: February 10, 2009 at 1:39 pm

Wal-Mart Stores Inc. (NYSE: WMT) was supposed to be a winner in the economic slide as the "trade down" shopping destination.  It goes without saying that Wal-Mart has more than ...
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