Germany, Migrants and Jobs
Back at the beginning of the year I posted something on this Corner that looked at press coverage suggesting that Germany’s new migrants might not quite be as employable as Merkel and her corporate cheerleaders were trying so hard …
Though Today’s Job’s Report Is Weak, There Are a Few Hopeful Signs
No two ways about it, today’s employment report was weak by the standard of the past few years. Job growth was slow, wages were flat, hours fell, and the labor force dropped. As a result, a rate hike in …
Dirty Jobs Star Delivers Devastating Rebuke about America’s Work Ethic
Mike Rowe’s successful Discovery Channel show Dirty Jobs gained a following thanks to being exciting, vivid television: He joined workers as they wrestled alligators, cleaned septic tanks, and rounded up yaks on a ranch in Montana. But it also …
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.
Using data from the Bureau of Labor Statistics, the staff of the Congressional Joint Economic Committee (…
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 …
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 …
North Carolina Leads on Unemployment Insurance
There’s been a lot of discussion at NRO and elsewhere about the potential effects of ending federal extended benefits for unemployment insurance — and how North Carolina’s recent experience might inform the debate. Faced with a multi-billion-dollar UI debt to …
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 Ever See 65 Percent Workforce Participation Again?
Another “meh” jobs report from the Bureau of Labor Statistics this morning, with the unemployment rate at 7.8 percent.
The workforce participation rate among those age 16 and older was 65.7 percent in January 2009, when President Obama took office. Now it is 63.6 percent.
Employers Added 292,000 Jobs in December
You can’t keep the Plow Horse economy down. Employers added 292,000 to payrolls in December, easily beating even the most optimistic forecast from any economics group, while payrolls were revised up for October and November, as well. Meanwhile, civilian employment, …
How Millennials Get the Short End of the Policy Stick
Diana Furchtgott-Roth and Jared Meyer are the Manhattan Institute think-tankers behind the new book Disinherited: How Washington Is Betraying America’s Young. We talk about graduation season and what’s to come. — KJL
Kathryn Jean Lopez: Bottom-line question: Are college …
Does May’s Jobs Report Mean the Fed Will Raise Rates in June?
Today’s report on the labor market shows why the chance of a rate hike in June shouldn’t be casually dismissed. The month of May had more jobs, higher wages, and more adults participating in the labor market, either …
Cheerleading for the College Agenda
The critique that skeptics of the ongoing governmental project of getting as many young people as possible into subsidized college educations has filtered into quite a few publications – but not the New York Times. In particular, economics and higher education …
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 …
Remember Those Dire Warnings About Extended Benefits?
At the end of 2013, the federal government’s latest extension of unemployment-insurance benefits expired. President Obama, virtually all Democrats in Congress, some Republicans in Congress, and (unfortunately) some conservative policy wonks warned that failing to cobble together another UI extension for 2014 …
The Triumphant Moment of Three Popular Bad Ideas
Back during the argument about Chuck Hagel’s confirmation, I wrote:
The Obama administration’s persistent desire to hold talks with Iran was mentioned, time and again, in the campaigns of 2008 and 2012. Mitt Romney pointed out the spinning of Iran’…
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 revealed
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. …