Keyword: unemploymentrate
-
Here is a video report on the news that the U.S. Unemployment rate remains at 10% after a worse than expected Jobs Report for December. The U.S. Economy lost 85,000 jobs in December even though expectations were that jobs would be added during the month. The report indicates the economy is in a "Jobless Recovery." I am no economist, but January and February could be a time when layoffs take place after the Holiday Season. You would have thought December would show job growth just with the temporary retail jobs typically added. I would be surprised if things improve anytime...
-
How’s that stimulus working for you, America? Obama made the claim that if the “stimulus” bill was passed, unemployment wouldn’t go above 8 percent. Right behind that claim was the claim that the stimulus was about Jobs, jobs, jobs, jobs. and the stimulus would create 3.5 million new jobs by the end of 2010. So, how is that stimulus working for you? Unemployment is now at 10.2 percent. You are probably wondering, how can unemployment numbers continue going higher when Obama and Biden continue to “save and create” jobs? Unemployment was at 7.6 percent before the stimulus. The Obama administration...
-
The Young and the Jobless The minimum wage hike has driven the wages of teen employees down to $0.00. Yesterday's September labor market report was lousy by any measure, with 263,000 lost jobs and the jobless rate climbing to 9.8%. But for one group of Americans it was especially awful: the least skilled, especially young workers. Washington will deny the reality, and the media won't make the connection, but one reason for these job losses is the rising minimum wage. Earlier this year, economist David Neumark of the University of California, Irvine, wrote on these pages that the 70-cent-an-hour increase...
-
The nation’s unemployment rate has pushed the budget deficit to a record $1.4 trillion in 2009. The unemployment rate hit 9.8 percent in September and is widely expected to hit 10 percent before the end of the year... High unemployment means more unemployment checks and less tax revenue, costing the government roughly $100 billion annually... Those costs will persist for the next couple of years. Unemployment compensation rose from $47 billion in fiscal 2008 to $120 billion in 2009, a 156 percent jump. High unemployment has also added to the deficit by helping drive down tax revenue. Individual income taxes...
-
This President promised after the economic porkulus that unemployment would not go over 8%...Chart of the unemployment rate for the last 10 years...
-
I always thought the unemployment rate was reliable, well I have learned the hard way, as this morning I woke up to 250,000 more Americans unemployed, reports of future layoffs expected to be very high, and that the unemployment rate has fallen to 9.4%. Say what?
-
WASHINGTON (AP) -- The unemployment rate dropped to a five-year low of 4.4 percent in October as employers added 92,000 new jobs -- flashing a picture of a strong labor market as the midterm elections draw near.
-
Bush "Recession" Has Lower Unemployment Rate, Higher Stock Prices than Clinton's "Economic Boom" The stock market closed Friday, December 29, 2001 up 5.68%, at 10136.99. The last week of December 1995, in the midst of the so-called Clinton economic boom, the stock market closed at 5098. The unemployment rate, which was 4.9% when the World Trade Center was destroyed September 11th, had risen by the end of October 2001, to 5.0%, rising .3% from the time George W. Bush was sworn into office in January 2001. During the economic boom we heard so much about from the media during the...
-
In July 207,000 jobs were created, above expectations, and the unemployment rate held steady at 5.0% Upward revisions for May and June as well.
-
(CNSNews.com) - The major national media turned similar economic numbers into a positive story for then-President Bill Clinton in 1996 and negative news against President George W. Bush in 2004, according to a report released on Thursday by a group dedicated to challenging misconceptions in the media about free enterprise. The Free Market Project's study, "One Economy, Two Spins," documents coverage of unemployment reports from May through September in 1996 and 2004 on ABC, NBC and CBS evening news broadcasts, the primary evening newscast on CNN and news articles in the Washington Post and the New York Times. "Their coverage...
-
Democratic politicians and left-leaning commentators, seeking to ex plain President Bush's victory, argue that Republicans have persuaded blue-collar voters to ignore their economic concerns and instead vote based on cultural issues like gay marriage, gun control and abortion.... The inspiration for this line of thought is Thomas Franks' recent book "What's the Matter With Kansas."... Social issues clearly played a crucial role in President Bush's re-election. But the notion that heartland voters are disregarding their economic well-being is wildly at odds with the facts, as a close look Franks' book and poll results makes clear. As long as Democrats continue...
-
jobs were created in August. The unemployment rate edgged down at 5.4% Upward revisions Details to come...
-
32,000 jobs were created in July. The unemployment rate down at 5.5% Details to come... ouch
-
288,000 jobs were created in April. The unemployment rate down at 5.6% Details to come...
-
<p>Twelve of the 17 battleground states that likely will decide the outcome of the 2004 presidential campaign have unemployment rates below, in some cases well below, the national average, which could substantially improve President Bush's chances in a recovering, job-producing economy.</p>
-
308,000 jobs were created in March. The unemployment rate held steady 5.7% HUGE
-
Last spring, career counselors and their students described the job outlook for college seniors as "horrible," "bleak" and "problematic." This year, fewer discouraging words are heard. "I'm seeing a definite improvement," said Dr. Richard Paterik, director of career development at the University of Dallas, adding that hiring hasn't returned to the levels seen in 2000. A University of Dallas student job fair on Wednesday drew 15 employers, up from 12 at a similar career fair last fall and 11 last spring. National surveys confirm that businesses are back in the hunt for new graduates. The National Association of Colleges and...
-
Will the Real Unemployment Rate Please Stand Up? by Timothy Kane WebMemo #456 March 24, 2004 Big government types assert that the economy cannot recover without the government's help. The anemic, sluggish labor market is their main piece of evidence when arguing for more benefits for the poor, more taxes on the rich, higher minimum wages, and protection from international trade with impoverished Third World countries. The unwelcome sunshine on their gloomy parade for big government is the low rate of unemployment, currently at 5.6 percent. Even pessimists know that 5.6 percent unemployment is close to what economists consider the...
-
<p>March 8 (Bloomberg) -- Anthony Whitmore lost his job as a die press operator at Midland Steel Products in Cleveland 10 months ago and holds little hope of finding work. In Chester, Pennsylvania, Chris Rabzak, a former aerospace engineer with a law degree, is stretching out his master's program in business administration rather than jumping into the labor market.</p>
-
The left keeps pounding again and again on Bush's "job record". I recently grew tired of hearing it and decided to look at the President's record for myself. I looked at the data and came to the usual conclusion - the left is lying again. The fact of the matter is that their rhetoric has proved to be another brazen lie. We keep hearing comments such as: "With the economic recovery in full swing, the hiring gains that typically follow have not. The economy lost 2.6 million jobs since Bush took office — 1 percent in the private sector alone....
|
|
|