The DOL reported:In the week ending April 13, the advance figure for seasonally adjusted initial claims was 192,000, a decrease of 5,000 from the previous week's revised level. This is the lowest level for initial claims since September 6, 1969 when...
Friday:• At 8:30 AM ET, Housing Starts for March. The consensus is for 1.230 million SAAR, up from 1.162 million SAAR in February.• At 10:00 AM: State Employment and Unemployment (Monthly) for March 2019
There have been so many periods where the Phillips curve clearly is wrong – stagflation: low inflation and low unemployment – that it cannot deal with the complexity of the variables.
It isn’t just that the long term unemployed...
Related topics: Inflation
The collapse in the Turkish lira is accelerating this morning, with the USDTRY rising above 5.80 for the first time since last October and CDS pushing to September highs, as the Turkish economy continues to slide ever deeper into recession, with the...
Authored by Art Carden via The American Institute for Economic Research,
A couple of months ago, this tweet made the social media rounds:
San Francisco in one photo.
Fully Robotic Coffeeshop next to the Starving Jobless Homeless...
Related topics: Social Media, Usa Photos
Obama-appointed Judge Carlton Reeves delivered an address at the University of Virginia Law School on Thursday. During his speech the unhinged leftist compared President Trump to the KKK and George Wallace.
Under Trump blacks have the lowest...
Related topics: Barack Obama, Usa Videos
Succinct Summations for the week ending April 11th, 2019 Positives: 1. Markets continued to act better in light of IPOs, Disney streaming news 2. Jobless claims fell 8k w/o/w, from 204k to 196k. 3. PPI-FD rose 0.6% m/o/m, above the 0.4% expected...
Related topics: Initial Public Offering, Disney
Succinct Summations for the week ending April 11th, 2019 Positives: 1. Markets continued to act better in light of IPOs, Disney streaming news 2. Jobless claims fell 8k w/o/w, from 204k to 196k. 3. PPI-FD rose 0.6% m/o/m, above the 0.4% expected...
Related topics: Initial Public Offering, Disney
The Boston Globe's website on Wednesday published — then revised and, on Thursday evening, deleted — an op-ed column that said it was "serving America" to tamper with prominent Republicans' food.
The piece, titled "Keep Kirstjen Nielsen...
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Quanta Services, Inc. (PWR): Free Stock Analysis Report Bio-Rad Laboratories, Inc....
Two mattress CEOs, including the CEO who led Mattress Firm through bankruptcy, are suddenly jobless in another shakeup for an industry in upheaval.
Related topics: Bankruptcy
One group in the United States who is not enjoying the low national unemployment rate is 18- to 24-year-old young adults who lack higher education, according to a new report.
For them, the unemployment rate is 17 percent, according to recent...
Wisconsin’s capital city is notable for its low unemployment rate among women workers.
Sparkly coastal metropolises like New York and San Francisco may get the lion’s share of attention from the business press, but maybe it’s...
In the 1930s, economist John Maynard Keynes was trying to figure out why unemployment was so high during recessions. Keynes decided one important reason was that people really hated pay cuts. If an employer told a worker that they would have to work...
The last time this few Americans sought the help of government after losing a job was in November 1969.
Initial Jobless Claims tumbled another 8K from the prior week's revised 204K to just 196K: the first sub 200K print in 50 years!
While the...
Homeland Security Secretary Kirstjen Nielsen testifies before the Senate Judiciary Committee in Capitol Hill, Tuesday, Jan. 16, 2018, in Washington. (AP Photo/Jose Luis Magana)
You will be made to do as they tell you to do – or suffer the...
Related topics: Senate, Usa Photos
Tierra Whack has released a creepy video for 'Unemployed,' her final single from #WhackHistoryMonth. In it, she interacts with potatoes in a creepy fashion that must be seen to be understood.
Related topics: Usa Videos
Notes: In February there were 7.581 million job openings, and, according to the February Employment report, there were 6.235 million unemployed. So, for the twelfth consecutive month, there were more job openings than people unemployed. Also...
Ultimately, honesty is the best policy.
Throughout your career, you may experience brief or extended gaps of unemployment between positions. Hiring managers understand that this gap might be due to a variety of reasons–such as illness,...
Given the very few job gains in February and rampant media speculation in March about a coming recession, it was essential that all three evening news shows update their audiences about jobs and unemployment April 5.
But not all of them did.