Reagan Still Beats Obama’s Below-Average Job Growth
If anyone still doubts that Obama has given the U.S. economy a bad case of anemia, look no further than the nearby graph.
#ad#Using data from the Bureau of Labor Statistics, the staff of the Congressional Joint Economic …
Barbra Streisand Fails to Notice That 6.6 Million Jobs Have Gone Missing
Poor Barbra Streisand. Just last week the renowned economist (who also describes herself as a “singer,” “actress,” and “activist”) penned an opinion piece titled “Have You Heard the Good News?” about how well the economy is performing under Barack Obama. …
Extending the Debate on UI Benefits
Policy analysts from the left, right, and center continue to debate the wisdom of extending unemployment insurance benefits to the long-term unemployed. On July 1, 2013, my home state of North Carolina became the first to exit the extended-benefits program as part …
A Thoroughly Depressing Streak
The Wall Street Journal points to the other side of the story on last Friday’s jobs report: “February was the 34th consecutive month that saw more unemployed workers stop looking for a job than find one.”
With Everything Going So Well, Time for Another Photo-Op!
So, looking at the headlines this morning . . .
Jobless Claims Bounce Higher
U.S. economy contracts for first time since recession
Chinese Cyber Hackers a Growing Threat
U.S. faces new Al Qaeda threat as terror group’s ‘strike map’ is …
A Plurality Think the Last Jobs Report Was ‘Mixed’ News?
This polling result, spotlighted by Allahpundit, is pretty amazing:
One more data set for you on jobs, which might help explain why Obama and Romney are neck and neck on who’ll do better to create them. This comes …
The Bureau of Labor Statistics’ Lost City
This is the point a lot of folks are wondering about in today’s otherwise good-looking numbers in the monthly jobs report:
Population estimates for the household survey are developed by the U.S. Census Bureau. Each year, the Census …
How the Unemployment Rate Drops When Folks Stop Looking for Work
In response to the latest unemployment numbers, I’m seeing people still wondering how the unemployment rate can go down if people stop looking for work. Way back in February 2010, I made a short video explaining the phenomenon of “discouraged …
Newt’s Right: Put the Kids To Work
From Williamson’s Political Dictionary, Vol. 1: newt, [noot; nyoot] v., to put one’s foot in it while putting one’s finger on it.
The usual half-wits (and quarter-wits, and hemidemisemi-wits) are having …
Just Imagine How Much He Would Raise if More Folks Were Jobless!
Higher unemployment translates into higher donations to the Obama 2012 campaign. Who says his economic policies aren’t achieving their goals?
An Associated Press analysis of Obama’s fundraising since April found his supporters opened their wallets more often this …
How Do We Get Those Able to Work Off of Disability?
With the Social Security disability-insurance (SSDI) program heading toward insolvency before the end of next year, lawmakers are looking for reforms to help individuals with disabilities but the capacity to work to return to work. Why it is so hard …
Only 44 Percent of U.S. Adults Work 30 Hours a Week or More with a Regular Paycheck
It’s not every day you see you see the chairman and CEO of the Gallup polling organization come out and declare the official unemployment rate number is extremely misleading, or, as the headline suggests, “a big lie”:
Right now, we’re …
NY Times: Recent U.S. Economic ‘Progress, in Fact, Is a Mirage’
The New York Times notices a phenomenon of the labor market, in the context of why Democrats aren’t benefiting more from what they contend is a long-awaited recovering economy:
While the number of women out of work appears to be …
Unemployment Up; Obama to Travel to Talk Gun Control
The unemployment rate is up to 7.9 percent again.
The new year started off with an old story: Employment grew again in January but not at a pace able to lower the jobless rate.
Nonfarm payrolls rose 157,000 for the first month …
Will We Get a Jobs Report Friday? At Least a Soggy One?
With roughly 7 million in the Northeast without power, some Morning Jolt readers may have bigger problems on their minds than political news. But the Tuesday edition is written and off to the editors, and should reach most folks this morning. …
Politico’s Sudden interest in Individuals in Romney Web Videos
Politico finds it important that a man who appeared in Mitt Romney’s video was convicted of “assault on a peace officer” in 2005. Their research indicates the man served his sentence.
He appears to be a carpenter, working on staircase …
Government Union Head Envies Private Sector’s On-Site Spas
Colleen M. Kelley, president of the National Treasury Employees Union, which represents 150,000 workers in 31 government agencies, takes to the editorial page of the Washington Post today to argue:
The federal pay system aims to find a balance between offering a …
Where Are America’s Workers Going? Off the Books.
The unemployment rate declined to 8.6 percent last month . . . as 120,000 net Americans found jobs, but also about 315,000 Americans left the work force.
You’ll recall yesterday I spotlighted an interesting phrase and assessment from CNBC’s Jim Cramer: That for the …
Unemployment Rate Down Slightly; Standard of ‘Good News’ Down a Lot
What has President Obama lowered the most?
The total number of Americans in the U.S. labor force? (154,424,000 in February 2009, 154,198,000 in October 2011)
The total number of Americans employed? (141,687,000 in February 2009, 140,302,000 in October 2011)
The employment population ratio? (59.6 percent in February 2009, 58.7 percent …
Obama, Vastly Overstating What His Jobs Bill Can Do, Again
Today’s jobs report is actually not that bad — unemployment steady at 9.1 percent, 103,000 jobs created, although that figure includes about 45,000 striking Verizon workers who returned to their workplaces. Of course, the broader jobless rate, the U-6 number that includes …