Tag Archives: Unemployment

Time to Wake Up

225,055,487 – US population in 1979 315,617,119 – current population The US population has increased 40.2% since 1979 but the labor force is the same?  And this is not counting any of the illegal alien population. While no sentient person … Continue reading

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Will You Fight for Liberty or Your Pocketbook?

As consumer inflation approaches 10%, payroll taxes increased and unemployment is 23%, how much more pain will it take for the American people to wake up? I have no faith in a federal reserve note and am converting this fiat … Continue reading

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This Will Not End Well

The unemployment rates in Greece and Spain are both over 50%. The black teenage unemployment rate in the United States is 37.8%. No job and no hope in the youth of a nation always leads to rebellion. David DeGerolamo Greek … Continue reading

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Open Letter to the President Barack Obama – T.L. Davis

Mr. President Today, there are families who question the direction of the nation. There are fathers and mothers trying to figure out how to pay the bills, to put children through college, to just get by everyday when wages have … Continue reading

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Simon Black: Does this look like a picture of recovery?

Now, I’m an optimistic guy… and there are plenty of good news stories around the world. But just looking at the numbers, it’s clear that there is a major disconnect between sentiment and reality. On one hand, western governments and … Continue reading

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Europe’s Scariest Heatmap

Readers already know that when it comes to Europe, the scariest chart, from a political, economic, financial and social perspective, is that showing youth unemployment – youth, which engaged in idle, non-productive activity is a powder keg for both future economic … Continue reading

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Reality Sinks In

The latest claims for unemployment have “necessarily skyrocketed” as expected after the election. “Elections have consequences” has been used so often that its truth is overlooked. Until it hits home and people start to suffer. Factor in new temporary jobs … Continue reading

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Data Massaging Continues: Initial Claims Tumble To 339K Lowest Since 2008, Far Below Lowest Expectation

This is just getting stupid. After expectations of a rebound in initial claims from 367K last week (naturally revised higher to 369K), to 370K (with the lowest of all sellside expectations at 355K), the past week mysteriously, yet so very … Continue reading

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Santelli Slams ‘Surprise’ Unemployment Data In Epic Screamfest

More…

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Will Ben initiate quantitative easing III? Ask yourself how many votes this will buy in the election and you have your answer.

See additional comments on Tea Party Nation. Ben Bernanke stated last week that the lack of jobs is a “grave concern”:  The stagnation of the labor market in particular is a grave concern not only because of the enormous suffering and … Continue reading

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Unemployed Americans hurt by immigration order

President Obama’s move to halt deportations and issue work permits to illegal immigrants age 30 and younger may fulfill a dream for upwards of 1.4 million to 2 million potential beneficiaries, but it’s a nightmare for 20 million unemployed Americans. … Continue reading

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We Are Preparing For Massive Civil War, Says DHS Informant

Update 5/14/2012 - Civil War in US Before November Elections? Obama Gets What Obama Wants In a riveting interview on TruNews Radio, Wednesday, private investigator Doug Hagmann said high-level, reliable sources told him the U.S. Department of Homeland Security (DHS) is … Continue reading

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North Carolinians Can Now Work and Collect Unemployment Benefits

The Bridge to Work program will allow people to test drive a new job without sacrificing unemployment benefits. This is a last ditch effort by the Obama administration to reduce unemployment by paying people to go to work. Why would … Continue reading

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The unemployment rate drops to 8.2% for one simple reason: the government lies

See additional comments on Tea Party Nation. Truth vs. Propaganda. The media is trumpeting another fall in unemployment today as the number of jobs created was only 60% of the expected 203,000. If the expectations had been met, unemployment would … Continue reading

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Gallop Releases Latest Unemployment Results

U.S. Unemployment Increases in Mid-February Underemployment also up, to 19.0% by Dennis Jacobe, Chief Economist PRINCETON, NJ — The U.S. unemployment rate, as measured by Gallup without seasonal adjustment, is 9.0% in mid-February, up from 8.6% for January. The mid-month … Continue reading

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According to the Bureau of Labor Statistics, US Unemployment is 9.04%

The first two columns below are from the US Bureau of Labor Statistics (BLS). I added the last column to account for the 1.2 million people whom the government considers to have “fell out of the labor force”. Category Jan. 2012 Jan. … Continue reading

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The Big Lie: Do We Believe Anything the Government and Media Tell Us?

We get the government we deserve. The good news today is: Unemployment Drops to 8.3%; Payrolls in U.S. Jump 243,000 As I write this, the NYSE futures are up 109 points. The mainstream news outlets are currently trumpeting this surprising … Continue reading

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The Consequence of Failure

Before the president’s speech outlining his latest jobs’ creation plan, the media speculated that the cost would be $200, then $300, then $400 billion. The final tag was $447 billion. My thoughts prior to the speech: The president would present … Continue reading

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All President Obama Has To Do To Get The Economy In A Hiring Mode

Back from his 11 day golfing vacation on Martha’s Vineyard, President Obama will reveal his bold new plan to reduce unemployment. Last year, the President also said he would have a new jobs plan after his extended vacation on the … Continue reading

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Unemployment in Winston-Salem, NC

The following report from the Winston-Salem Journal details the rise in unemployment in the Triad and Northwest North Carolina. I read the following question today and personally answered no: Do you know anyone who has a job based on one … Continue reading

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Wall Street Journal Becomes Part of the Main Stream Media

The Wall Street Journal was a publication that I considered to be the last bastion of free market news with an impeccable reputation. Notice the past tense. An editorial in the WSJ comparing patriots (Tea Party members) to hobbits was … Continue reading

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Even If the Debt Ceiling Is Passed…

Even if the debt ceiling legislation is passed, happy days are not here again. The recession was never over: we only need to factor in inflation and stimulus money to see actual private sector economic activity. The $130 trillion debt … Continue reading

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NC LISTEN has fix for high unemployment rate

Concerned Citizens and Immigration Reformers, Our unemployment rate goes up again and our politicians on both sides of the aisle offer suggestions that will have little effect in the short term. HELLO to Congress and President Obama, all of which seem … Continue reading

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6.52%, 9.2% and 0.95%

  The stock market euphoria over the past two weeks has been used by the administration and media to promote the economic recovery of the United States. In last week’s trading session, the market has increased 5.43%.  So far this week, … Continue reading

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Unemployment News – June 9th

Unemployment compensation will be drastically cut back to only 26 weeks for people who lose their jobs starting July 1. The federal unemployment extension runs out at the end of this year and it is unlikely to be renewed. Our … Continue reading

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Never Let a Crisis Go to Waste?

As reported in an earlier article in March, state and local governments will be making permanent cuts in the public sector. The excerpt following this article from CNN is now reporting the consequences of “a record-breaking layoff binge”. Rahm Emmanuel told … Continue reading

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Gas, Jobs and Food

The media is now reporting what average Americans already know: the cost of living is impacting our lives. The cost of gasoline, loss of jobs and the increase in the price of food has led to a decline in consumer confidence. There is … Continue reading

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