1

Jobs: How Good are the Jobs the Economy is Creating?

The Wall Street Journal has an interesting report on the jobs created since the recession. The article takes a close look at employment and wage data to see the makeup of newly created jobs. There are some flaws and data inaccuracies in the journal report. Nonetheless it is an excellent starting point for discussion. Please consider Just How Good (or Bad) Are All …

1

Dear Janet Yellen, Here Is All You Need To Know About The US Economy: True Unemployment Is Over 12%

One of the great mysteries surrounding the US economy is the seemingly inexplicable discrepancy between the plunging unemployment rate on one hand, which at 5.1% in August was the lowest since April of 2008 – a data point which on the surface would suggest virtually no slack in the labor force –  and the crawling pace of growth of the …

1

Bill Quigley – Ten Troubling Numbers Labor Day 2015

5.1. The official unemployment rate is 5.1 percent, or 8 million people, according to the US Department of Labor.  However, this widely reported “official” number overlooks the millions of people unemployed for more than a year nor does it count those who are working part-time and looking for full-time work.  The Department of Labor monthly report which includes people working …

1

Pam and Russ Martens – How U.S. Achieves a 5.3% Unemployment Rate: If You Earn No Money, You Can Still Be Counted as Employed

Last Friday’s nonfarm payrolls report of 215,000 new jobs in July with its attendant announcement of an unemployment rate of 5.3 percent drew mostly yawns from the media. That wasn’t the case on February 3 of this year when Jim Clifton, CEO of the polling company, Gallup, wrote a stunning opinion piece on the company’s web site calling the U.S. …

alec

Nick Licata – ALEC, Where Corporations Are “People” Like You and Me

Unlike other political organizations of locally elected public officials, corporations, business associations, and think tanks are full voting ALEC members, referred to as the private-interest partners. From talking to one private-interest member, the cost of joining ALEC is just over $1,000 but to vote in one of ALEC’s task forces that make policies, the cost goes above $3,000. I suspect …

jeb bush

Jeb Bush Proves He Has No Clue About US Economics Op-Ed by Naji Dahi

Jeb Bush, one of the leading Republican candidates for the presidency, is in the news again—and not in a good way. During a meeting with the editorial board of the New Hampshire Union Leader, he reportedlysaid the following: “My aspiration for the country — and I believe we can achieve it — is 4 percent growth as far as the eye …

The Hidden Hand: The Forces behind America’s Economic Destruction

The Hidden Hand: The Forces behind America’s Economic Destruction Gary Null Progressive Radio Network, May 13, 2014   On the Brink of Economic Calamity We are witnessing unprecedented low points in American economic history as 50 million Americans—17 million of them children—are living below the poverty line[i],[ii] while 47 million citizens rely on food stamps[iii]. All told, the 2008 economic …

trucker

The Most Common Job in 29 States to Nearly Vanish in 10 Years; Know What That Job Is? Michael Shedlock

 We used data from the Census Bureau, which has two catch-all categories: “managers not elsewhere classified” and “salespersons not elsewhere classified.” Because those categories are broad and vague to the point of meaninglessness, we excluded them from our map. Self-Driving Trucks Will Hit Us Like Ton of Bricks Please consider Self-Driving Trucks Are Going to Hit Us Like a Human-Driven Truck. …

How to Steal from the Taxpayers While Blaming the Poor – Paul Buchheit

a vicious circle of hypocrisy: Americans dependent on the safety net are urged to “get a job” by the same free-market system that pays them too little to avoid being dependent on the safety net. Theft, Part 1: The Average U.S. Household Pays About $400 for Safety Net Programs for Low-Wage Workers According to the Economic Policy Institute, $45 billion per …

Chemtrails

Chemtrails, Aerosol Geoengineering and Bioengineering: A Massive Biological Experiment of Unknown Purpose – Prof. James F. Tracy

“The ultimate solution is a multiplication of leverage by citizens to the point where it simply cannot be denied”. –Clifford Carnicom The materials disbursed in stratospheric aerosol geoengineering operations contain a combination of ionizable metallic salts, filaments, gel-type materials, and crystals. These are the longstanding and deeply interrogated observations of independent environmental research scientist Clifford Carnicom given on a December …