Tag Archives: Unemployment

New Study Based on North Carolina’s Policies: Unemployment Benefits Weaken Economy

Posted on January 25, 2014 by DRenegade

New academic research released last week showing that extending unemployment benefits is a net economic drag could strengthen the conservative case against extending those benefits at the federal level. Congress allowed benefits for the long-term unemployed to expire at the … Continue reading →

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‘Real’ Unemployment: 13.8%

Posted on November 9, 2013 by DRenegade

The “real” unemployment rate rose from 13.6% in September to 13.8% in October, according to figures released today by the Bureau of Labor Statistics (BLS). Though the national unemployment rate is 7.3%, the “real” unemployment rate is a broader measure … Continue reading →

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Retail, Hotel And Temp Workers Account For Half Of All October Job Gains

Posted on November 8, 2013 by DRenegade

Following the quantity breakdown of jobs in the month which saw the third biggest jump in people not in the labor force in history and a loss of over 600,000 full-time workers (don’t ask how this is possible – not … Continue reading →

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Lies, Deceptions and Bank Runs

Posted on July 30, 2013 by DRenegade

See additional comments on Tea Party Nation. The federal government and the media have deceived the people about the true state of our economy. If, has now been replaced by “when” will the economy collapse. What are the signs that … Continue reading →

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NC Becomes 1st State To Drop Federal Jobless Funds

Posted on June 28, 2013 by DRenegade

With changes to its unemployment law taking effect this weekend, North Carolina not only is cutting benefits for those who file new claims, it will become the first state disqualified from a federal compensation program for the long-term jobless. State … Continue reading →

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Time to Wake Up

Posted on April 5, 2013 by DRenegade

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?

Posted on March 1, 2013 by DRenegade

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

Posted on February 14, 2013 by DRenegade

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

Posted on January 18, 2013 by DRenegade

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?

Posted on January 18, 2013 by DRenegade

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

Posted on January 9, 2013 by DRenegade

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

Posted on November 15, 2012 by DRenegade

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

Posted on October 11, 2012 by DRenegade

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

Posted on October 9, 2012 by DRenegade

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.

Posted on September 2, 2012 by DRenegade

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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