Showing posts with label Jobs 2014. Show all posts
Showing posts with label Jobs 2014. Show all posts
Wednesday, December 31, 2014

Jobless claims finish December averaging 362,000 per week, 2014 ends at 15.9 million total first time claims for unemployment

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All figures are raw, not-seasonally-adjusted. The 15.9 million figure is now the lowest in the 21st century, beating the heretofore be...
Monday, December 29, 2014

You could almost say the few people Obama's added to the labor force he's sent straight to the unemployment lines

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The lowest jobless claims yet still don't yield the lowest unemployment levels under Bush. As I pointed out here , jobless claim...

Obama's civilian labor force has only grown 1.7 million since 11/2008, 1.3 million of which came in the last year!

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The civilian labor force grew by 1.3 million 11/13-11/14 By contrast George Bush's civilian labor force grew by 11.8 million over ...

2.8x more people left the work force in the last year than did at the same time under Bush

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360,000 left the labor force 11/05-11/06 1 million have left the labor force 11/13-11/14 Unemployment comes down faster when you h...
Saturday, December 27, 2014

Part-time jobs peak at the end of the year, and full-time jobs peak in the middle of the year

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Part-time jobs hit a new all-time high level in November at 28.225 million. This follows a pattern of part-time peaking at Christmas tim...
Tuesday, December 23, 2014

What waiting over seven years for that full-time job looks like

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"Been waiting here that long, eh?"
Sunday, December 21, 2014

Obama says you're better off than when he took office, except you are not

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click to enlarge Obama says, quoted here : "Like the rest of America, black America in the aggregate is better off now than i...
Thursday, December 18, 2014

Brian Wesbury is wrong: First rate hike will not be in six months

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Brian Wesbury & Co. here says the first Fed rate hike is coming in six months (June) because "considerable time" has secr...
Tuesday, December 16, 2014

Average hourly earnings are up 2.69% year over year, inflation 1.66% suggesting Fed tightening may be coming

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Earnings are actually getting ahead of the curve in the latest data, suggesting the Fed may move to raise interest rates as "planned...
Monday, December 15, 2014

Libertarian free-trade presidents named BUSH get the most blame for lost manufacturing jobs

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Since Jimmy Carter took office in January 1977, during whose term manufacturing jobs reached their zenith of 19.5 million, 5.6 million n...
Sunday, December 14, 2014

Stupid things heard on the Steve Gruber Show radio program last week

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Both the AM drive-time host, Steve Gruber, a libertarian for whom every opponent is taken as a challenge to his manhood, and his weekly ...
Friday, December 12, 2014

30 million prime working age Americans 25-54 do not work, and 10 million are men, competing for fewer than 5 million openings

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The New York Times reports  here : "As the economy slowly recovers from the Great Recession, many of those men and women are eage...
Wednesday, December 10, 2014

Liberal Zachary Karabell gets it: Maybe in 2.5 years job levels will fairly resemble 2007

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And in Politico of all places, here : Statistically, with a labor force that the Bureau of Labor Statistics counts at 156 million, a...

If you don't think the middle class is in trouble under Obama, you are an idiot

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The basis of middle class prosperity in America has always been a full-time job. With one you can get married, buy a car and a house, an...
Sunday, December 7, 2014

Fortune article perpetuates ignorance about part-time jobs, undercounting them by half

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One Laura Lorenzetti misinforms us here : "[T]he number of part-time jobs, while still elevated compared to pre-recessio...

NY Times laments "tax uncertainty" over breaks which expired almost a year ago

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As seen at Amazon This is like lamenting that the Bush tax cuts became permanent two years ago. The only uncertainty is for liberals w...
Friday, December 5, 2014

Usually part-time vaults 465,000 in one month to new all-time high of 28.225 million

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Those who work usually part-time vaulted 465,000 month over month, not-seasonally-adjusted, in today's Household Survey data in the ...
Thursday, December 4, 2014

How bad is it?

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h/t Steen Jakobsen, Chief Economist for Saxo Bank

Jobless claims average 303,000 weekly in November, not-seasonally-adjusted

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That rate is the annual equivalent of 15.8 million claims. Not-seasonally-adjusted claims have now totaled 14.494 million in 2014 thro...
Monday, November 24, 2014

How to stimulate the economy and deport illegal aliens in the United States at the same time

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In 1954 the Eisenhower Administration employed 750 agents who rounded up and deported 1.1 million Mexicans illegally in the country in w...