Posts Tagged ‘ unemployment ’
Agora Financial's Founding Father Bill Bonner, writing in his Daily Reckoning, says there are approximately 131 M jobs in the USA.
Justice Little, Editor of Taipan Daily, also out of the AF stable, says that 26 M jobs have been lost.
The Federal Government says that the unemployment rate is 9.8%. Traditional ...read more
Recovery and Jobs; Where’s the Next Bubble?
Sep 7th, 2009 | By Jim Nelson | Category: Featured, Investing Strategies, Macro Economics
The phrase, “surviving a game show” just became more serious.
According to USA Today — I know, not the most hard-hitting rag out there — contestants on shows like America’s Got Talent and Deal or No Deal have undergone a dramatic change in the past year.
Instead of dreaming of building a ...read more
The Good Old Days of Depression and Stimulus
Jul 29th, 2009 | By Byron King | Category: Featured, Macro Economics
Just getting to Vancouver was a revealing trek. Despite the ongoing Great Recession, it never ceases to amaze me how busy are the major airports. My trip took me through Atlanta and Seattle, and both airports were wall-to-wall travelers. The waiting areas were full, the planes were packed and the ...read more
The Power to Tax Is the Power to Destroy
Mar 20th, 2009 | By Bill Jenkins | Category: Featured, Personal Liberties, Politics
We watched in dismay as the unemployment numbers soared again last Friday -- a massive loss of 651,000 jobs in February. Thank God it was a short month...
But let's put this into perspective. In December, the non-farm payroll (NFP) figure was 577,000 jobs lost. In January, the NFP figure was ...read more
Housing Markets Face Perfect Storm of Job Loss and Neg Am
Mar 19th, 2009 | By Dan Denning | Category: Featured, Housing
In the States overnight everyone went gaga over the news that construction of new U.S. houses rose in February by 22% over the January rate. That's an annual rate. So we'll see how it goes. It had been down six months in a row.
Who knows why stocks really rally? But ...read more
The Dangers of Inflation
Mar 21st, 2008 | By Adrian Ash | Category: Commodities, Macro Economics
“Every morning, when you look in the mirror, I want you to think, ‘What am I going to do today to increase the money supply?’”
— John Ehrlichman, assistant to President Richard Nixon,
apocryphally speaking to Charles Pardee,
a Federal Reserve governor,
sometime in the early 1970s
SO WE’RE ALL AGREED, THEN.
“This is clearly the ...read more
Employment Trends
Mar 12th, 2007 | By Michael Shedlock | Category: Macro Economics
Let's take a look at some employment trends to see what they may be saying about recession possibilities:
Goods-Producing Employment -- Rate of Change
Even though this is supposedly a "service economy," every recession since 1948 (including the one in 2001) was marked by a drop below the 0% line in rate ...read more
