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Unemployment in Review
Statistics reported by the Bureau of Labor and Statistics The national unemployment rate has trended downward all year and is now at 4.7% with 7.4 million unemployed. Unemployment has not been this low since November of 2007. It peaked in October of 2011 with 15.3M unemployed, more than double today’s unemployment rate. There are […]
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The unemployment numbers in perspective
Wow. We’ve been through a lot in this past 15 years. If you like to see the data, you will love this video timeline of job growth and job shrinkage during this time. See if you can spot the .com bust, 9/11, Katrina and the Great Recession. Poor Detroit looks like it’s finally making a comeback! […]
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Get ready! Economy’s going up!
Last time I posted this data, it was to shed some light on the improvements, because the media often chooses to sensationalize negative economic indicators, or simply put their focus there, and minimize positive indicators, claiming that there’s something else at work. Some people believe that these numbers are completely manufactured and give them no […]
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Extra, extra! HUGE unemployment benchmark reached
Under 10 million unemployed! The mainstream media will NOT let you celebrate about it, however. They would much rather you remain pessimistic, suspicious and discouraged. Exhibit A: http://nypost.com/2014/05/07/no-three-ring-circus-needed-to-rig-unemployment-rate/ Exhibit B: http://touch.latimes.com/#section/-1/article/p2p-80083060/ Exhibit C: http://www.bloomberg.com/news/2014-05-08/jobless-claims-in-u-s-decreased-more-than-forecast-last-week.html (this article looks positive, but read on) Is it all good? No. I know that the people who are especially impacted by the […]
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Job News December
News summary, from the Bureau of Labor and Statistics (12/13) The national unemployment rate decreased significantly from 7.3% to 7.0% with 10.9 million unemployed. The number of persons experiencing long spells of unemployment (over a year) increased slightly by 9,000 people to 2.8 million. 4.1 million individuals had been unemployed for 6 months or more in […]
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Oops, they did it again! Are the job numbers that bad?
We are actually BACK up to June 2005 employment levels and 162K jobs is a GREAT increase in jobs over the summer months, but a biased “journalist” would have you believe that the economy is getting better about as fast as my daughter’s diaper rash. (You can see from her expression that it’s not getting […]
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Is Yahoo deleting my post or the AP? Did I strike a nerve?
Twice, I have left the following comment on this article, and twice I could not go back and find it, though it was confirmed posted. Is someone deleting it? I had read the comment guidelines and I did not violate them. I wonder if they really didn’t have a credible source for the data they […]