In a Nut Shell? Civilian Labor force for May increased by 83,000 over April while Not in Labor Force went up by 17,000. Unemployed dropped by 66,000. Unemployment Rate remained at 4.3%. Participation Rate remained the same at 61.8 which is down from the same month in 2025. Civilian Labor Force is growing but a […]
Which one would you want to pay? Dean Baker does the comparison of Military expenditures and as compared to ACA subsides. Details in the Dean commentary. Is paying $11,200 a year to soothe the president’s paranoia in his demented state reasonable? Donald Trump says you should. The Republicans in Congress are likely to agree. So, […]
My (Samuel Walker) observation is that railroads capable of high speed, that is over 110 mph are passenger services. Where they have been built, they have been built with different goals and purposes. Often there is not enough in fare to cover all costs. The Japanese built the first high speed railroad because of its […]
Matching faces of President Trump. I suspect they are using old pictures of Trump per his suggestions. There is a noticeable difference. Both are from today’s articles. One face is slimmer that the other. A swimsuit picture showed him kind of buff which he is not. To the Left: Furious Trump orders investigation into California […]
– by New Deal democrat The economically weighted ISM manufacturing + services indexes have become one of my favorite datapoints. That’s in part because the former has a nearly 80 year history of being a solid leading indicator, although somewhat attenuated since the start of the Millennium. But the latter now also has a long […]
Is downsizing the IRS part of Trump’s goals? I would say it is. Short staffing an agency such as the IRS makes it difficult to maintain the process and also audit taxpayers. Those who take advantage of greater would welcome an IRS less capable. It, like other parts of the Federal Government, has been faced […]
Simple Recital by two known experts on Law and potential corruption. Both are dismissing the excuses put forth by others of having no way to hinder Trump. He actually calls out what is occurring, ~~~~~~~ Trump’s deal with the DOJ marks new level of unprecedented corruption The Fresno Bee (Sunday) – by Burt Urt Neuborne […]
To follow up on a previous post about Tesla autonomous driving vehicles: “Tesla has retroactively modified “Full Self-Driving” purchase agreements to add “supervised” language that did not exist when owners originally bought the product. In some cases, the original documents have been made entirely inaccessible. “Electrek has confirmed the issue with multiple owners. The contracts […]
Does raising the minimum wage increase unemployment? An increase in the minimum wage can motivate more people to enter the labor market because they will earn more money. Some promote, an increase in the minimum wage increases firms’ costs. Also, the quantity of labor demanded decreases (firms hire fewer workers). From my point of view […]
– by New Deal democrat The JOLTS report is low on my list of useful tools, but it does break down the labor market further than the jobs report, and it does have several slightly leading components, so let’s take a look at the latest report, which is for April. Below are job openings (blue), […]