Unemployment

Jobless Claims Break On Through – 1m+ Jobs Report For April Looks Likely

Jobless claims break on through – 1M+ jobs report for April looks likely As I have said for the past few weeks, new jobless claims are likely to the most important weekly economic data for the next 3 to 6 months. With the number of those...

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An Obama Administration Economist Says The Pandemic Destroyed A Long-held Myth About Unemployment

People dine outside Peter Luger Steakhouse in New York City during a restricted reopening in September 2020. Noam Galai/Getty Images Paul Constant is a writer at Civic Ventures and cohost of the "Pitchfork Economics" podcast with Nick...
Related topics: Barack Obama, Podcasts

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The Imf And The Jobless Recovery

The IMF And The Jobless Recovery Authored by Daniel Lacalle, The International Monetary Fund has published its April outlook for the global economy. It has been hailed by most commentators due to the strong upgrade in GDP recovery....

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Msnbc Discovers People Prefer Government Checks, Not Paychecks

After over a year of Democrats and their allies in the liberal media repeatedly demanding trillions of taxpayer dollars be spent on COVID relief and expanding unemployment benefits, on Friday, MSNBC anchor Stephanie Ruhle discovered people were...
Related topics: MSNBC

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Spanish Unemployment Falls Below 4 Million In Its Best March In 6 Years While Average Employment...

This is an automated machine translation of an article published by Business Insider in a different language. Machine translations can generate errors or inaccuracies; we will continue the work to improve these translations. You can find the...

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Spanish Unemployment Falls Below 4 Million In Its Best March In 6 Years While Average Employment...

This is an automated machine translation of an article published by Business Insider in a different language. Machine translations can generate errors or inaccuracies; we will continue the work to improve these translations. You can find the...

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Shifting Balance Of Power?

    A massive shift is occurring in the labor market today, one that has been misinterpreted by economists of all stripes: On the right, there is the false meme that lazy workers are staying home because the (3) massive CARES Act....

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On The Money: Weekly Jobless Claims Fall To Lowest Level Since Lockdowns | Retail Sales Surge In...

Happy Thursday and welcome back to On The Money, where we’re celebrating the rebounding Nepalese rhino population. I’m Sylvan Lane, and here’s your nightly guide to everything affecting your bills, bank account and bottom line.See something I...
Related topics: Banking

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Daily Briefing: The Bumpy Road To Reopening, Long-term Supply Shortages, And Inflation

Daily Briefing: The Bumpy Road to Reopening, Long-Term Supply Shortages, and Inflation Real Vision managing editor Ed Harrison welcomes back Jim Bianco, president of Bianco Research, to discuss the newest release in the weekly jobless...
Related topics: Inflation

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'we Just Can’t Do This Anymore': Small Business Owners Say Federal Unemployment Handouts Are...

Small businesses across the country have reportedly fallen on hard times in recent months, but not for lack of business. Rather, they suggest that pandemic-related government handouts are keeping much-needed workers out of the labor force.Business...

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$1,400 Stimulus Checks Rock. But What About The Extra Unemployment Cash?

Rachel Bucchino U.S. Economy, Americas This new legislation would standardize federal unemployment benefits and ensure that extra aid is added when the unemployment rate surges across the country. A pair of Senate Democrats introduced a vast...
Related topics: Senate

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Us Stocks Surge To Record Highs As Jobless Claims Hit Pandemic-era Low And Retail Sales Surge

Xinhua/Wang Ying/Getty Images US stocks climbed to record highs on Thursday after weekly jobless claims fell to a pandemic-era low of 576,000.Also helping boost stocks was a strong retail sales report, which showed 10% growth as stimulus checks...

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Dow, S&p 500 Set Records On Strong Retail, Jobless Data

Stock markets opened to record levels Thursday morning following strong economic data on jobless claims and retail sales.The Dow Jones Industrial Average opened up 200 points, or 0.6 percent, and the S&P 500 jumped 29 points, or 0.7 percent, in...

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Us Weekly Jobless Claims Sink To Pandemic-era Low Of 576,000 As Hiring Accelerates

Olivier Douliery/AFP/Getty Images US jobless claims plunged to 576,000 last week, hitting their lowest level of the pandemic era. Economists expected a reading of 700,000 claims. The previous count was revised higher to 769,000. Continuing claims...

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Thursday: Retail Sales, Unemployment Claims, Ny And Philly Fed Mfg, Industrial Production,...

Thursday:• At 8:30 AM ET, The initial weekly unemployment claims report will be released.  The consensus is for a decrease to 720 thousand from 744 thousand last week.• Also at 8:30 AM, Retail sales for March is scheduled to be released....
Related topics: Fed, Polls

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Senate Democrats Want To Replace Most Of Your Lost Paycheck With Permanently Boosted Unemployment...

Sen. Ron Wyden (D-OR). Photo by Win McNamee/Getty Images Senate Democrats have unveiled a plan to boost unemployment benefits permanently. The plan aims to replace 75% of a worker's lost paycheck. It also sets up a $250 weekly benefit for gig...
Related topics: Senate, Usa Photos

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Washington’s Inflation Hysteria Is Fueled By Corporate Greed

I first heard about the idea of a “reserve army of the unemployed” when I was in college. Advanced by Karl Marx in chapter 25 of Capital: Volume I, the theory is that it is in the interest of capitalists to maintain a relatively high rate of...
Related topics: Inflation

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John Boehner Calls Trump 'a Guy Who's Unemployed' And 'has Nothing Else To Do But Cause Trouble'

Former House Speaker John Boehner. AP Photo/J. Scott Applewhite, File During an interview on ABC's "The View," John Boehner called out Trump's post-presidential behavior. "Here's a guy who's unemployed, has nothing else...
Related topics: John Boehner, Usa Photos

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Sanders Warns Dems Not To Waste Time Catering To Obstructionist Gop

Sen. Bernie Sanders, chairman of the Senate Budget Committee, said Saturday that amid the immediate emergencies of climate change, Covid-19, mass unemployment, and homelessness, congressional Democrats cannot afford to dampen their infrastructure...
Related topics: Senate

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Fox Yakkers Carp About Low-wage Restaurant Workers

If there's one thing you can count on from Fox "news," it's consistency, and despite the fact that we're still dealing with the coronavirus pandemic that they've done their damndest to make worse, they're still bashing people receiving unemployment

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