Posts Tagged ‘unemployment’
by Mike McCune – The jobs report for February came in nicely and Wall Street cheered. Meanwhile the January jobs report was slashed by 25% from a gain of 157,000 to 119,000 and Wall Street yawned. That is because the deceit must be maintained. According to Washington, America has been in a recovery since [...]
Tags: America, Federal Reserve, form, God, government, job, Main Street, man, Mart, member, praise, rate, report, Reserve, Street, time, unemployment, Wal Mart, Wall Street, Washington
by Michael McCune – The normal person fears to tread the swampy ground of tax loopholes and deductions–that’s why the unofficial-official business of tax preparation and legal tax defense has been the biggest single growth sector since the 1950s. Just to let you in on a little secret the government doesn’t want you to [...]
Tags: benefit, Congress, form, God, government, income, line, man, pay, person, rate, return, show, someone, tax, Thomas, today, unemployment, unemployment rate, use
Stealing opportunity from young people is not an Investment in anyone’s furture!By Craig Masters To paraphrase Generation Opportunity’s David Pasch, the message from Obama to America’s young people was as simple as: “Young people are Screwed.” The most recent Millennial Jobs Report reported by Generation Opportunity shows unemployment at nearly 14% for 18 to 29 [...]
Tags: age, control, Craig, Craig Masters, David, Evan, Evan Feinberg, Generation Opportunity, Generation Opportunity David Pasch, government, lot, Millennail Jobs Report, news, Obama, pay, speech, State of the Union, student, unemployment, year
by Jack Minor – In a last minute fiscal cliff deal that will raise taxes on over 77 percent of Americans, the definition of compromise and balance in Washington means increasing revenue by significant amounts relative to spending cuts. According to the Congressional Budget office, the last minute fiscal cliff deal reached by [...]
Tags: approach, authority, class, Congress, control, debate, end, flight, mandate, Michelle Obama, Obama, percent, President Obama, Senate, sign, tax, unemployment, vote, Washington, year
by Peter Grady – The Federal Reserve has said it is expecting unemployment levels to remain high until at least late 2015, despite its plans to spend billions of dollars a month to keep interest rates low. Following its final meeting for the year, the Fed announced it would only consider interest rate [...]
Tags: America, Federal Reserve, government, interest, meeting, Michelle, Michelle Obama, month, Obama, part, percent, Peter, Peter Grady, rate, Reserve, The Federal Reserve, unemployment, unemployment rate, work, year
by Mike McCune – Have A Happy Thanksgiving. The normal Friday Rant is replaced by this one, three days early, as we will be taking a long holiday break. See you again, Monday, Nov. 26–Mike Richmond Federal Reserve President Jeffrey Lacker is known for swimming upstream against most of Chairman Ben Bernanke’s wild [...]
Tags: Ben, BLS, case, Evans, form, Friday, Friday Rant, God, Happy, Happy Thanksgiving, information, man, meeting, Mike, policy, rate, state, time, unemployment, use
Citizens tell Obama they are pleased with his economic track record by Jack Minor – America appears to have reached a watershed moment as voters have decided that they want a continuation of president Obama’s policies of trillion dollar deficits and more Americans on social programs over private sector solutions to job creation. [...]
Tags: America, approach, budget, Business, campaign, class, election, government, incentive, issue, job, Obama, President Obama, Republican, Senate, sign, solution, time, unemployment, vote
by Matt Lacy – State officials in Illinois have revealed that they paid over 1,100 inmates more than $2 million in unemployment benefits while they are in jail. According to the Associated Press, the Illinois Department of Employment Security said one inmate in the Cook County jail in Chicago was able to collect [...]
Tags: AP, Associated Press, Chicago, Cook County, Greg Rivera, ice, Illinois, John Cavaletto, Matt, Matt Lacy, money, online, person, process, rate, state, system, unemployment, unemployment rate, work
by Matt Lacy – For the second time in less than a week the government is facing scrutiny and criticism over its job reporting after a new report omitted data from a large state. On Thursday, the Labor Department touted the number of jobless claims as dropping by a sharp decline of 30,000 [...]
Tags: CEO, CNN, Department, Guy Berger, job, Labor Department, news, note, part, percent, rate, report, second, sign, state, Thursday, time, unemployment, unemployment rate, week
by Matt Lacy – Criticism continues to mount over last week’s unemployment numbers which are now below the eight percent benchmark considered a hindrance to an incumbent president’s reelection. It has long been noted that no post World War II president has ever been re-elected with unemployment above the eight percent mark. Now [...]
Tags: BLS, campaign, DNC, drop, election, government, Jack, Jack Welch, job, Obama, part, percent, rate, reason, television, unemployment, unemployment numbers, unemployment rate, work, World War
I have often cited the various methods the government utilizes to keep the unemployment figure at a manageable level. Today, after the official unemployment rate fell to 7.8%, it became apparent just how blatantly political the process has become. In September the U.S. economy added just 114,000 jobs. Just to keep up with population [...]
Tags: claim, drop, form, God, government, Jack, Jack Welch, job, July, man, month, part, problem, rate, sign, state, time, unemployment, unemployment rate, week
The Federal Reserve’s decision to proceed on an open-ended asset-buying policy is being well-received by other central banks but few others.(1) The problem for Ben Bernanke and the U.S. dollar is the move’s aim and its outcome are not the same. Bernanke wanted to address unemployment but, by buying American debt–caused by too much demand [...]
Tags: Bank, control, crisis, debt, ECB, Federal Reserve, form, God, government, Japan, man, money, policy, problem, rate, Reserve, size, The Federal Reserve, time, unemployment
A startling new letter from the Colorado Labor Department has revealed there are seven counties in the state where over 19 percent of the residents are “not employed.” The Colorado Observer obtained a letter through the Colorado Open Records Act that was sent out August 29 to comply with federal law. The Consolidated Farm [...]
Tags: Archuleta County, August, BLS, Colorado, Colorado Labor Department, Department, Dolores County, Fremont County, government, Labor Department, letter, Montrose County, percent, Pueblo County, rate, state, State Department, The Colorado, unemployment, unemployment rate
But Voters say they don’t like them.By Craig Masters CoorsTek World HQ – here in Colorado USA There are less than four weeks until the election day. The term “attack ads” is being trivialized to the extreme. Even ‘extreme’ is a word fast becoming meaningless. Is this by design? If nobody cares, neither candidate wins [...]
Tags: America, American, campaign, candidate, company, country, day, Ed, Ed Perlmutter, GM, Joe, Joe Coors, Mexico, money, Obama, Post, report, transfer, unemployment, work
Administration cautions against “reading too much” into dismal report by Jack Minor – Last week’s unemployment numbers revealed the dire straits facing the U.S. economy after it was revealed that almost 89 million Americans are not in the workforce, a record high. While many have noted the drop in [...]
Tags: Alan, Alan Krueger, August, drop, Jack Minor, job, July, labor, Labor Department, nursing, percent, person, rate, unemployment, unemployment numbers, unemployment rate, White House, White House Blog, work, year
By Craig Masters Recovery slope for US is still rising Friday, as expected, Ben Bernanke announced that the Fed would need to take action to adjust the markets. Analysts who study the language of the Bernankes of the world so they can interpret for the rest of us have said that Friday’s remarks were especially [...]
Tags: Bank, Central, Committee, debt, EU, Federal Open Market Committee, Federal Reserve, Friday, GDP, Greece, interest, Italy, language, PIIGS, policy, QE, Quantitative Easing, Reserve, unemployment, US
by Matt Lacy – Members of the mainstream media appear to be abandoning all pretense of objectivity, with a former ABC news producer saying on a hot mic that Ann and Mitt Romney are “happy to have a party with black people drowning.” Sources confirm the comment was made by David Chalian, Yahoo! [...]
Tags: ABC, African American, Al Sharpton, American, Artur Davis, bias, candidate, Chris, Chris Matthews, Ed Schultz, evening, food stamps, Matt Lacy, Mitt Romney, MSNBC, Party, Reagan, Republican, Republican Party, unemployment
by Mike McCune – Over the past few months the media has been painting a rosy picture of the housing market. The Administration has been suspiciously quiet and reticent about the housing sector though. That means trouble somewhere. It was the bursting housing market that initiated the economic downturn in October 2007. Those [...]
Tags: America, FHA, form, Freddie, game, God, government, hand, home, land, man, March, month, October, problem, publication, right, system, time, unemployment
AP touts adjusted numbers to claim claims at lowest number in years by Matt Lacy – The actual number of American applying for jobless claims increased by 69,971 from the previous week; however the Associated Press and other members of the media used adjusted numbers to claim the opposite. On Thursday, the AP [...]
Tags: AP, Associated Press, David Rosenberg, direction, July, June, March, Matt Lacy, Mitt Romney, percent, proof, rate, reason, right, sign, story, Thursday, unemployment, week, year
President now changes tune, contradicts own statement by Peter Grady – Rep. Cory Gardner had some choice words for president Barack Obama over remarks he made that people in the private sector were doing just fine following news that unemployment had risen to 8.2 percent in May. Speaking at a recent press [...]
Tags: barack obama, choice, Gardner, government, help, Mitt Romney, month, National Committee, news, Obama, percent, Peter, Peter Grady, press, rate, Republican National Committee, state, TV, unemployment, unemployment rate
by Mike McCune – “I have sworn on the altar of god eternal hostility against every form of tyranny over the mind of man.”–Thomas Jefferson Government is fond of spouting its version of the truth while forgetting the jury also demands the whole truth and nothing but the truth. With that established, most everyone [...]
Tags: accounting, American, control, Daily Reckoning, date, form, government, help, man, Michael, Mike, NEET, opinion, paper, problem, rate, tax, unemployment, unemployment rate, vote
by Mike McCune – Federal Reserve Chairman Ben Bernanke remarked on the U.S. unemployment rate early Monday to the National Association for Business Economics. He noted the economy must grow much more quickly than is its current pace to make any dent in the percent of unemployed individuals in the U.S. Bernanke’s remarks, closely followed by [...]
Tags: America, April, debt, form, God, government, interest, Jefferson, man, Mohamed El Erian, oil, pay, rate, Reserve, spring, Thomas, Thomas Jefferson, unemployment, unemployment rate, year
by Mike McCune – “I have sworn on the altar of god eternal hostility against every form of tyranny over the mind of man.”–Thomas Jefferson Government is fond of spouting its version of the truth while forgetting the jury also demands the whole truth and nothing but the truth. With that established, most everyone [...]
Tags: accounting, American, control, Daily Reckoning, date, form, government, help, man, Michael, Mike, NEET, opinion, paper, problem, rate, tax, unemployment, unemployment rate, vote
By Craig Masters Speaking at the Historically Black Colleges and Universities Student Summit on the campus of North Carolina Central University in Durham, Tuesday, Senior Presidential Advisor, Valerie Jarrett, explained Obama’s economic policy on unemployment. In her speech, broadcast nationwide to HBCU campuses, Jarrett told the largely black audience of students that unemployment checks actually [...]
Tags: American, August, campaign, Craig, degree, Florida, food stamps, graduation, graduation rates, HBCU, man, Obama, press, rate, report, Student Summit, time, unemployment, University, year
by Mike McCune – Numbers mean nothing to Washington politicians and bureaucrats. The difference between white and black carries much more weight in our national capitol and that is why everything seems to be a similar shade of gray when it comes from the heart of the country. Today’s point is the way Congress almost unaimously [...]
Tags: accounting, America, budget, debt, end, government, job, Michael, opinion, paper, person, position, show, Social, Social Security, tax, time, today, unemployment, Washington
by Craig Masters Last week the Obama administration released a report about the unemployment percentage dropping. In response, the stock market spiked up. But this week, MarketWatch, Bloomberg and other segment specific news outlets report the number of people receiving unemployment benefits rose. According to “revised” numbers released by the Obama administration, the number of [...]
Tags: claim, Commerce Department, debt, December, Department, drop, government, investor, lot, Neil Dutta, news, Obama, percent, press, report, right, show, unemployment, web, week
by Peter Grady – In what some have said is an attempt to increase his approval ratings among Latino groups, Obama’s administration will permit up to 215,000 immigrants from El Salvador to remain in America due to hardship from an earthquake in 2001. In announcing the decision, the Department of Homeland Security, in a document [...]
Tags: America, country, December, decision, Department, DHS, El Salvador, government, Grady, Homeland Security, job, month, Obama, percent, Peter, Peter Grady, status, time, unemployment, unemployment numbers
by Jack Minor – The military is preparing to reduce troop strength by nearly 500,000 at a time when unemployment by young veterans is over 13 percent. Recent data by the Bureau of Labor Statistics shows that for the last quarter of 2011, joblessness among young veterans 18-24 years old was 1 in 3; double [...]
Tags: American, budget, civilian counterparts, Generation Opportunity, Jack, Jack Minor, job, OPM, Paul, Paul Conway, percent, Personnel Management, problem, rate, reduction, rest, state, time, unemployment, Washington
by Matt Lacy – The latest jobs report from the Bureau of Labor Statistics shows that unemployment numbers have remained above 8 percent for 35 consecutive months. While the media and the Obama administration have touted the numbers as sign of a recovering economy, the numbers are not exactly what many people may think. Last [...]
Tags: campaign, debate, December, Gardner, Generation Opportunity President Paul, job, labor, legislation, Matt Lacy, month, news, Obama, percent, rate, report, Senate, show, unemployment, United States Senate, work
I Am An Optimist–I’m Sure We Have To Changeby Mike McCune – Merry Christmas! Sometimes the best present anyone can receive is a good wakeup call. Earlier this month a “Rant” about the declining wealth of the average American caused a stir among readers. Some contended I had misread the information, others claimed I had [...]
Tags: accounting, America, American, call, country, crisis, effort, government, Michael, Mike, month, opinion, paper, reason, stage, tax, time, today, unemployment, Washington
Program offers citizenship for families who “invest” in America -by Jack Minor – – A Colorado organization is recruiting foreign investors using a government visa program that critics say amounts to selling U.S. citizenship. The Colorado Regional Center is promoting the program, stating that the investor, “has an opportunity to obtain permanent residency in [...]
Tags: age, America, area, Center, Colorado, country, CRC, CRS, EB, help, investor, organization, program, sale, spouse, The Colorado, unemployment, United States, use, visa
States taking any federal money lose 11th Amendment protection by Jack Minor – The President’s jobs bill would effectively repeal the 11th Amendment for any state that receives federal funding anytime after the bill becomes law. During the healthcare bill, Nancy Pelosi said Congress needed to pass the bill so we could see what [...]
Tags: ACORN, amendment, American, campaign, class, competition, government, grant, job, law, legislation, list, Obama, program, sex, state, status, unemployment, United States, work
by Mike McCune – Economic fears have such a firm grasp on the average American consumer that he is now making some major changes to his budgeting mindset. Not since the Great Depression year of 1937 has the consumer made such drastic cuts to his spending habits and, from the Michigan Consumer Confidence Survey, it [...]
Tags: America, American, August, ballot, BLS, Congress, control, debt, effort, government, Great Depression, mother, Obama, problem, rate, rest, something, time, unemployment, Vietnam
by Mike McCune The U.S. recession was supposedly triggered by the Lehman Brothers default according to our government experts. Lehman had overextended itself with worthless paper and then, to stave off regulators, hid its worthless paper assets through derivatives and credit default swaps (CDS). The real reason for the meltdown remains government’s meddling [...]
Tags: American, CDS, credit, debt, ECB, EU, European Union, GDP, goldman sachs, government, Greece, Italy, paper, part, path, PIIGS, rate, second, unemployment, unemployment rate
by Jack Minor In an issue that will not die, government transportation officials signed an agreement to re-start a program to allow Mexican trucks travel on US highways, despite Congressional refusal to fund it. The three year agreement reinstates a pilot program first started by President Bush and defunded by Congress in 2009. The plan [...]
Tags: agreement, American, border, caption, Christian Science Monitor, Congress, DOT, government, highway, installation, Mexico, pay, program, Ray, safety, Science, truck, unemployment, US, year
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