A couple of minor technical problems called “business” and “life” have now intruded on my increasingly bogged down publication schedule that, in the interest...
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Posts Tagged ‘ Unemployment Rate ’
The Commencement Address That Won’t Be Given
Robert Reich.
Chancellor's Professor of Public Policy, University of California at Berkeley; Author, 'Beyond Outrage'
The Commencement Address That Won't Be Given
Members of the Class of 2012,
As a former secretary of labor and current professor, I...
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California unemployment rate dips to 10.9%; state loses 4200 jobs – Los Angeles Times
89.3 KPCCCalifornia unemployment rate dips to 10.9%; state loses 4200 jobsLos Angeles TimesBy Ricardo Lopez California employers trimmed their April payrolls by 4200 jobs last month, snapping a string of eight straight months of employment growth. The ...
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Tenn. jobless rate drops for 9th straight month – CBS News
WBIR-TVTenn. jobless rate drops for 9th straight monthCBS NewsNASHVILLE, Tenn. — Tennessee's unemployment dropped slightly in April, marking the ninth straight month of decreases in the state's unemployment rate. The 7.8 percent unemployment ...
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Florida’s April unemployment rate being released – MiamiHerald.com
Providence Business NewsFlorida's April unemployment rate being releasedMiamiHerald.comAP The state Department of Economic Opportunity was set to issue new jobless figures on Friday. Florida's employment picture has been steadily improving for ...
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April jobs report suggests slowing economy; unemployment drops to 8.1 percent – Fresno Bee
Moneycontrol.comApril jobs report suggests slowing economy; unemployment drops to 8.1 percentFresno BeeBy KEVIN G. HALL - McClatchy Newspapers WASHINGTON -- Employers added an anemic 115000 jobs in April as a shrinking workforce shaved the unemployment...
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April’s U.S. Jobs Report a Far Cry from Where We Need to Be
Tags: April jobs report, file for unemployment, jobs news, jobs report April 2012, jobs report May 2011, jobs report schedule, jobs report tomorrow, labor department jobs report
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Putting Our Slow Jobs Recovery Into Perspective – Businessweek
Disappointing, but not shocking. The government’s report Friday that the economy created fewer jobs than expected in April—115,000—showed an unwelcome deceleration of America’s job-creating machine. Economists surveyed by Bloomberg News had a median forecast of 160,000 jobs created. In the big picture, though, the nearly 3-year-old expansion is proceeding at the same pace as...
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April Nonfarm Payrolls Rose 115.000; Private Payrolls Up 130.000; Unemployment Rate At 8.1% | Tainted Alpha
(For April 2012) Nonfarm payrolls rose 115.000 in April; Consensus was at 160.000; March reading was an increase of 154.000 (revised up 34.000). Unemployment was reported at 8.1% vs. prior reading and consensus of also 8.2%. Private payrolls were up 130.000 vs. 165.000 consensus and 166.000 reading in March (revised up 45.000). Bellow consensus for April,...
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US April hiring slows, jobless rate falls to 8.1 pct – Reuters India
Moneycontrol.comUS April hiring slows, jobless rate falls to 8.1 pctReuters IndiaBy Jason Lange | WASHINGTON (Reuters) - US employers decreased hiring for the second straight month in April but the unemployment rate still fell to 8.1 percent, giving mi...
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U.S. Added Only 115,000 Jobs in April – Rate Is 8.1% – NYTimes.com
The United States had another month of disappointing job growth in April, the Labor Department said Friday. The nation’s employers added 115,000 positions on net, after adding 154,000 in March. April’s job growth was less than what economists had been predicting. The unemployment rate ticked down to 8.1 percent in April, from 8.2 percent,...
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US creates 115000 jobs in April – Financial Times
wekuUS creates 115000 jobs in AprilFinancial TimesBy Robin Harding in Washington The US created only 115000 jobs in April, well below expectations of 162000, a disappointing number that will add to fears that the economic recovery has lost some momentu...
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The Fate of the Eurozone Hangs on Sunday’s French Elections
It now looks as though Nicolas Sarkozy's days are numbered. In the balance lies the fate of the Eurozone itself.
It appears Socialist Francois Hollande will win the French election runoff on Sunday and that June's legislative elections will give the Socialists a powerful position in...
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Lacker Becomes Second Fedhead to Say Rates Will Rise in 2013
Richmond Fed Prez Jeffrey Lacker became the second Fed district bank president to predict that the Fed would need to raise rates next year, ahead of the FOMC target of 2014. Charles Plosser of the Philly Fed made a similar prediction yesterday. The fact remains however that the Fed is way behind the curve...
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Euro Area Unemployment Hits Another Record High – TheStreet.com
FRANCE 24Euro Area Unemployment Hits Another Record HighTheStreet.comBy AP 05/02/12 - 05:00 AM EDT LONDON (AP) — Record unemployment figures for the 17 countries that use the euro released Wednesday are set to increase the pressure on Europe's le...
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Spain is the New Greece
By Marshall Auerback Nearly one Spaniard in four is unemployed, according to data released on Friday, as the country’s economic and financial predicament prompted a government minister to talk of a “crisis of enormous proportions”.The data from the National Statistics … Continue reading →
Our "Let’s Pretend" Economy: Let’s Pretend "Job Growth Is Best Since 2006"
Instead of just swallowing Ministry of Propaganda swill, let's examine actual data. If we do that, we find job growth is mostly smoke and mirrors.
The Ministry of Propaganda and its media minions are announcing that "job growth is on a tear" and...
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February Nonfarm Payrolls Rose 227,000; Private Payrolls Up 233,000; Unemployment Rate At 8.3%- Charts
Nonfarm payrolls rose 227.000 in February; Consensus was at 210.000; January reading was an increase of 284.000 (revised up 41.000). Unemployment was reported at 8.3% vs. prior reading and consensus of also 8.3%.
Private payrolls were up 233.000 vs. 2...
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Our "Let’s Pretend" Economy: Let’s Pretend Student Loans Are About Education
Let's pretend student loans aren't just a stupendous and highly profitable scam being run on the youth of America. Of course pretending doesn't make it so.
We have a "let's pretend" economy: let's pretend the unemployment rate actually reflec...
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The Grand Failure of the Econometric Model
If the conventional econometric model based on metrics like forward price-earnings ratios and a declining unemployment rate is so accurate, then why did it fail so completely, totally and utterly in predicting the 2008 meltdown?
A certain flavor...
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US Treasury Issues Cautiously Bullish Outlook For TBAC
WASHINGTON - The recovery continued to firm in the The recovery continued to firm in the final quarter of last year, and labor market conditions improved. According to the advance GDP report released last week, the economy grew by 2.8 percent at an annual rate in the fourth quarter, the tenth straight quarter of...
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FOMC Statement and Watch Live Dog and Pony Show Here at 2:15
For immediate release
Information received since the Federal Open Market Committee met in December suggests that the economy has been expanding moderately, notwithstanding some slowing in global growth. While indicators point to some further improveme...
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I Was Wrong About Everything
I was wrong: doing more of the same has solved all our problems.
Time for a mea maxima culpa: I've been wrong about everything: the stock market, the economy, globalization, energy, everything. Heck, I've even been wrong about the American di...
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Downward Mobility is Crushing the American Dream
Forget about getting ahead. For many in the middle class these days it's more about not sliding backwards.
It's called downward mobility and it's crushing the American Dream.
According to a study conducted by the Pew Charitable Trusts, nearly one out of three U.S. citizens born into middle class...
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Roubini: Don’t Believe The Good News
NEW YORK – Macroeconomic indicators for the United States have been better than expected for the last few months. Job creation has picked up. Indicators for manufacturing and services have improved moderately. Even the housing industry has shown s...
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The Truth Behind the U.S. Labor Department Employment Report
Tags: U.S. Labor Department employment report, us department of labor and industry, us department of labor consumer price index, us department of labor grants, us department of labor history, us department of labor laws, us department of labor payroll form, us department of labor salary, us department of labor unemployment, us department of labor...
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200K Jobs Added, Unemployment Rate Falls to 8.5%
DECEMBER JOBS REPORT SMASHES EXPECTATIONS AT 200K, UNEMPLOYMENT FALLS TO 8.5%
Read more: http://www.businessi...1#ixzz1ignPQAjU
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The Five Most Idiotic Things Congress Did This Week
As life for the average American has gotten harder and harder, elected officials in Washington have done little to help.
Congress wastes much of its time on political posturing and bickering. And in those rare instances when our representatives actually do something, they usually make a mess if it.
FOMC Statement
http://www.federalreserve.gov/newsevents/press/monetary/20111213a.htm
Release Date: December 13, 2011
For immediate release
Information received since the Federal Open Market Committee met in November suggests that the economy has been expanding mo...
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American Privilege Rots an Empire From Within
A rising empire rewards people who contribute to its growth and invest in its future. The empire’s decline begins when certain members of society are over-rewarded by means of privileges, and the empire’s money is wasted on outdated endeavors. ...
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Go Figure: Jobs Report Misses Expecations, But Unemployment Rate Plunges to 8.6%
THE NUMBER IS OUT...
It's a mixed bag.
The good news is that the unemployment rate fell from 9% to 8.6%.
The bad news is that non-farm payrolls only grew by 120K, which is below the 125K that was expected.
On the private payrolls side, growth o...
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