Showing posts with label BLS. Show all posts
Showing posts with label BLS. Show all posts
Friday, November 15, 2024

The stock market cheerleaders/Fed rate cut cheerleaders at CNBC, but I repeat myself, lied by omission about wholesale price increases yesterday, but CNN told the truth

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 CNBC: Wholesale prices rose 0.2% in October, in line with expectations Wholesale prices nudged higher in October, though largely in line w...
Thursday, August 22, 2024

This conservative outrage machine story yesterday and today about Commerce Secretary Raimondo has got to be the dumbest one I've heard in a long time

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 She was asked an ignorant question. Why would the Commerce Secretary have something timely to say about employment revisions released by th...
Thursday, March 14, 2024

Inflation more durable than policymakers had anticipated, Joe Biden most hurt

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  This week provided a reminder that inflation isn’t going away anytime soon : The bad news began Monday when a New York Federal Reserve su...
Wednesday, September 13, 2023

The inflation adjusted average price of ground beef in the United States

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 In January 1984, ground beef was $1.29/pound. Adjusted for inflation to August 2023, it should be $3.89/pound, according to the inflation c...

The inflation adjusted average price of white potatoes in the United States

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 In March 1986, potatoes were $0.21/pound. Adjusted for inflation to August 2023, they should be $0.59/pound, according to the inflation cal...
Saturday, September 2, 2023

The unemployment rate rose to 3.8%, but not because people lost jobs

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  The unemployment rate rose to 3.786% from 3.495% on a bigger 736k increase to the size of the labor force than to the employment level, no...
Sunday, June 2, 2019

Trump gave 2.3 million foreigners US jobs in fiscal 2017 and 1.8 million in 2018 while 22.7 million able-bodied Americans 25-54 weren't even in the labor force in 2018

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2018 USCIS Statistical Annual Report Labor Force Statistics from the Current Population Survey
Wednesday, March 20, 2019

Rush Limbaugh doesn't know what he's talking about when he says there are more job openings than workers

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Total nonfarm job openings : 7,581,000 A:  Unemployment level : 6,235,000 B:  Not in labor force want a job now : 5,222,000 C: ...
Monday, January 23, 2017

Feminist actress Pat Arquette obviously never read an Employment Situation Summary from the BLS

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Here : "We have 60% of our families now with female breadwinners". In December 2016 women who maintained families num...
Wednesday, January 11, 2017

Steve Liesman tries to be charitable to Trump on 96 million wanting a job, but comes up short 5.9m

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From the story  here : Trump said that there "are 96 million wanting a job and they can't get (one). You know that story. The...
Monday, December 19, 2016

Bill Cunningham repeating stupid: "95 million Americans can't find work"

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Last night in the first hour of the show. "Not in the labor force"  explained . They aren't LOOKING for work. They a...
Friday, November 4, 2016

Carrying the water for Democrats, the NY Times lies about "healthy job growth": Additions are more than 20% behind the 2015 rate

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In "Last Economic Snapshot Before the Election Shows Healthy Job Growth" . The Bureau of Labor Statistics states up front i...
Saturday, October 8, 2016

Joe Pags thinks "not in the labor force" does not include the retired, but it does

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It's shocking how many people still think, wrongly, that "not in the labor force" includes huge numbers of people who coul...
Wednesday, November 11, 2015

Sorry Marco, they can fact check your stupidity: philosophers make more than welders

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And arguably, we're already producing plenty of welders relative to philosophers, at least 16 times more, but it would be nice if the ...
Thursday, October 15, 2015

Rush Limbaugh thinks the 46 million on food stamps are the U-3 "counted" unemployed, many of whom actually can and do work

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Yesterday, here : "Today, there are 46 million Americans unemployed, and 94 million not working. Now, these 46 million people, th...
Tuesday, October 13, 2015

Conservative news sarcasm alert: 97% of those 94.6 million not in the labor force aren't lazy bums after all

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They're the 92 million who are in high school, college, and graduate school full-time, or who are raising the kids at home, or are d...
Friday, September 5, 2014

Employment Situation report records 142,000 added to payrolls in August vs. 212,000 monthly in past year

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That's a 33% decline in one month in the pace at which jobs have been added monthly in the last year. From the report, here : Total nonf...
Friday, May 2, 2014

Unemployment plummets to 6.3%, 288,000 jobs are added in April and the stock market just shrugs its shoulders

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The employment situation report from the Bureau of Labor Statistics for April 2014 is here . 806,000 people dropped out of the labor fo...
Friday, April 4, 2014

Unemployment rate remains at 6.7% in March, average year over year job growth slows to 183k monthly, weekly hours recover

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The BLS reports here : "Total nonfarm payroll employment rose by 192,000 in March, and the unemployment rate was unchanged at 6...
Friday, March 7, 2014

February Unemployment Ticks Up To 6.7%, Year Over Year Job Growth Slows 2.5% Compared To All Of 2013

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The BLS reports here : Total nonfarm payroll employment increased by 175,000 in February, and the unemployment rate was little changed at 6....