Tag Archive for Employment

Initial Claims Improved over Last Year, But Weakening Momentum is a Yellow Flag

This post is an update excerpt of the permanent page of Employment Charts, which is updated regularly whenever new data is released. Bookmark that page for future reference. This week’s data on first time unemployment claims was slightly weaker, but not terrible.  The gross numbers are still a big improvement over last year, but the…

Dallas Fed Urges Removal of CEOs of Bailed-Out Banks – Businessweek

Slide presentation from Dallas Fed – EXCELLENT! The Federal Reserve Bank of Dallas said taxpayer aid to failing banks should come only after the voiding of all employment and bonus contracts and the removal of chief executive officers and boards of directors. “A set of harsh, non-negotiable consequences” for requesting U.S. Treasury assistance might also include…

Housing Fundamentals Improved, But Not Enough

Housing data in the past couple of months has been mixed. Lagging closed sales data shows prices declining. The problem with that is that the most current data represents sales closed in November, which for the most part were sales that went under contract in September. That tells us nothing about the current market. Real…