Scenes from the January jobs report: revisions changed the picture in the Establishment Survey – by New Deal democrat Last Friday’s jobs report contained a number of annual revisions which change what the trend line for the last year looks like. Particularly the extent to which there has been continued deceleration, or even a downturn, […]
Job and Wage Growth Surge in January Center for Economic and Policy Research, Dean Baker I believe this report by Dean Baker to be a bit premature. If you are keeping up with New Deal democrat, he cites reasons why this still can go either way at this point. One reason is the Fed’s foot […]
McDonald’s wants to win back low-income consumers, Laura Bratton @ QUARTZ US customers making less than $45,000 stayed away in 2023. That could continue this year, executive says . . . McDonald’s chief financial officer Ian Borden told investors Monday (Feb. 5) that he’s looking for ways to win back the low-income customers the company lost […]
The Senior Loan Officer Survey makes an important turn – by New Deal democrat The Senior Loan Officer Survey is a long leading indicator, telling us about credit conditions that typically turn worse a year or more before the economy turns down, and improve just at the economy is ready to turn up. The one […]
Employers’ hiring rate fell sharply in 2023, Zhao said. And workers are quitting less. Fewer people are changing jobs. Business Insider. And Jobs are hard to find even with low Unemployment. Open Thread February 2 2024 federal judge tosses disinformation superspreader Robert F. Kennedy Jr.’s lawsuit, Angry Bear
This is a good recital by the GAO on Food Prices, its trends, factors affecting it, and how the government plays a role in it. It covers quite a bit of territory on costs and prices pre-2021 and 2021 to 2022. It was those two years when Covid was having an impact on the nation […]
The Republican Party has demonstrated it’s subservience to Donald Trump and rejection of policy making as such. In a sane country, this would doom the party to a very long period in opposition, but I am a citizen of the country I have not the country I want. I think the issues are well known, […]
The following sounds familiar, yes? Not much has changed since the Civil War. Still the same attitude, we belong but only on our terms. The Democrats of the South, now today’s Republicans starve for some type of leadership and glommed on to trump. What a compliment to trump that someone needed him and adored him. […]
AB: Another commentary about Oregon . . . “Give It To Idaho …” | Homeless on the High Desert, Ten Bears Oregon’s Appalachia. Associated Press and Central Oregon Daily report: Central OR lawmaker ignorant of US Constitution, Article VI, section 3 Of course it’s ignorant, the stupidest people in Oregon live in South Central Oregon. […]
Only the top 20% saves. Originally published at Wealth Economics Newly released data series from the Bureau Economic Analysis have revealed a pretty eye-popping economic reality that’s been invisible in the national accounts…forever. Subtract households’ Personal Taxes and Personal Outlays from Personal Income to yield Personal Saving, and it turns out that the bulk of U.S. […]