…then follow with alternatives to the unemployment rate. And further, let me start with the three best sources: the ISM reports, the regional Fed reports, and ADP. To begin with,…
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,…
…unemployment insurance (UI) that is appalling even by current Washington standards. Neither President Obama nor Congress should accept any payroll-tax legislation that includes it. Here’s why: The provision, part of…
…and new claims for unemployment insurance are out this morning, and the news isn’t as good as hoped. First, initial claims increased: In the week ending March 5, the advance…
By Spencer The weekly initial unemployment claims are widely reported and various charts show how they have been falling since the peak. But it is hard to compare the drop…
On Monday’s 3/17/08 episode Mr. Stephen Colberts to the opportunity in his “The Word” segment to explain the need for confidence in the economy, the declining unemployment rate and the…
…even raise a yellow flag. In other words, the economy is continuing to expand at a very low rate. Because jobless claims lead the unemployment rate, which isn’t going to…
…only that the unemployment rate will not increase from its 4.3% level in March, but potentially could decline all the way to 4.0% in the next several employment reports: We’ll…
…natural gas, other than the odd city bus or garbage truck in random municipalities? The answer is a simple but unpleasant one. See, we in the US would label the…
…considered almost risk-free because if the borrowers default, Fannie or Freddie will pay off the loans (assuming Fannie and Freddie remain solvent). Non-conforming loans go into pools known as private-label…