Showing posts with label unemployment. Show all posts
Showing posts with label unemployment. Show all posts
Wednesday, June 24, 2015
Tuesday, February 3, 2015
Saturday, June 7, 2014
Thursday, August 8, 2013
Wednesday, July 24, 2013
Saturday, July 20, 2013
BLS number is BS
http://www.nypost.com/p/news/business/bls_number_is_bs_jaKS2Nc8Yu2TrnETK2bXEM
Keith Hall believes the US economy is a lot sicker than the 7.6 percent unemployment rate would lead you to believe.
And he should know.
Hall was, from 2008 until last year, the guy in charge of Washington’s Bureau of Labor Statistics, the agency that compiles that rate.
“Right now [it’s] misleadingly low,” says Hall, who believes a truer reading of those now wanting a job but without one to be more than 10 percent.
Labels:
BLS,
BS,
number,
unemployment
Thursday, July 11, 2013
Monday, April 15, 2013
Monday, April 8, 2013
Monday, December 24, 2012
Monday, December 17, 2012
Fed Targets Unemployment
Labels:
CNBC,
Fed,
gold,
Peter Schiff,
QE,
Rick Santelli,
targets,
unemployment,
USDollar
Thursday, December 13, 2012
Tuesday, October 9, 2012
Monday, May 7, 2012
Two Charts Exposing America's Record Shadow Welfare State
http://www.zerohedge.com/news/two-charts-exposing-americas-record-shadow-welfare-state
..."this is the new stealth stimulus program - so far in 2011, nearly one million Americans have applied for disability and year-to-date, 333k have actually enrolled (covering 539k family members). In total, more than five million people have been added to disability coverage since President Obama took over three years ago." The punchline will make all those who adore (insolvent) welfare states shake with giddy delight: "So look - either safety standards at work have eroded dramatically or the "99%" have found a creative way to milk the system and turn the economy into a quasi welfare state"...
...the BLS assumes that any amount up to the total 53 million people, is not in the labor force as they have other "wefare" based forms of government handouts and see no need at all to look for a job. Is there any wonder why US unemployment is realistically 20% if not much higher?
Labels:
disability,
unemployment
Thursday, May 3, 2012
Tuesday, May 1, 2012
Friday, February 3, 2012
Record 1.2 Million People Fall Out Of Labor Force In One Month, Labor Force Participation Rate Tumbles To Fresh 30 Year Low
This is the reason why the fictitious unemployment rate appears positive.
http://www.zerohedge.com/news/record-12-million-people-fall-out-labor-force-one-month-labor-force-participation-rate-tumbles-
http://www.zerohedge.com/news/record-12-million-people-fall-out-labor-force-one-month-labor-force-participation-rate-tumbles-
Labels:
labor force,
unemployment
Monday, January 30, 2012
This Is Europe's Scariest Chart
http://www.zerohedge.com/news/europes-scariest-chart
Some may be surprised to learn that while Portugal, and Greece, are quite bad, at 30.7% and 46.6% respectively, it is Spain where the youth unemployment pain is most acute: at 51.4%, more than half of the youth eligible for work does not have a job!
Labels:
Europe,
unemployment
San Francisco Fed Admits Bernanke Powerless To Fix Unemployment Problem
The title says it all. Even the financial elite are acknowledging their failures.
http://www.zerohedge.com/news/san-francisco-fed-admits-bernanke-powerless-fix-unemployment
http://www.zerohedge.com/news/san-francisco-fed-admits-bernanke-powerless-fix-unemployment
Wednesday, October 5, 2011
Announced U.S. Job Cuts Rise 212% From Year Ago, Challenger Says
More bad employment news--just enough to get the Plunge Protection Team to gin up the SP500 futures. And more reason for Blackhawk Ben to implement QE 3.0.
All half-kidding aside, the blogosphere has rejected the economic cheerleading from the status quo for several years. Now that the financial elite and complicit media have submitted to the dark truth, rest assured they will put to good use the ongoing financial crisis.
http://www.businessweek.com/news/2011-10-05/announced-u-s-job-cuts-rise-212-from-year-ago-challenger-says.html
All half-kidding aside, the blogosphere has rejected the economic cheerleading from the status quo for several years. Now that the financial elite and complicit media have submitted to the dark truth, rest assured they will put to good use the ongoing financial crisis.
http://www.businessweek.com/news/2011-10-05/announced-u-s-job-cuts-rise-212-from-year-ago-challenger-says.html
Labels:
Challenger,
job cuts,
unemployment
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