Liberal groups are gearing up to fight a potential change in the Social Security cost-of-living adjustment, which deficit hawks are pushing to include in the budget and debt-ceiling deal currently being negotiated between the White House and Republic…
With the May non-farm payroll report coming out Friday morning, the market’s focus remains on the labor market. And we got a less-than-reassuring glimpse of the jobs picture through the weaker-than-expected report this morning from payroll processor…
May 19, 2011
The Unemployment Insurance Weekly Claims Report was released this morning for last week. Claims fell 29,000 from a 4,000 upward revision of the previous week. Here is the official statement from the Department of Labor:
In the week …
May 13, 2011 monthly update
Note from dshort: The charts below have been updated to include the May Consumer Price Index news release, for the April data. The Fed justified the current round of quantitative easing “to promote a stronger pace of …
May 13, 2011
The Bureau of Labor Statistics released the CPI data for March this morning. Year-over Headline CPI came in at 3.16%, which the BLS rounds to 3.2%, up from 2.68% last month. Year-over year-Core CPI came in at 1.33%, which the BLS rounds…
May 12, 2011
Today’s release of the Producer Price Index (PPI) for April again reinforces the pattern of higher inflation. The year-over-year unadjusted producer price increase was the largest since September 2008:
The Producer Price Index for f…
May 6, 2011 monthly update
The unemployment rate for April rose to 9.0% from the previous month’s 8.8%. The briefing.com consensus was for 8.8% and their own estimate was for 8.9%. However, the spike in the unemployment rate was overshadowed by th…
April 28, 2011 weekly update
The Unemployment Insurance Weekly Claims Report was released this morning for last week. Claims rose 25,000 from an upward revision of the previous week to 429,000. The 4-week moving average increased by 2.3%. Here is …
Women continue to struggle for equal rights in the workplace. For at least two decades, they have earned 80% of the wages of men doing equivalent jobs. That should be a shock to most people since the feminist movement is several decades old. Sadly…
You might think property taxes have declined 30%, paralleling declines in housing values. But nope–property tax revenues have shot up 27% just since 2006.
Something remarkable happened to property taxes in the U.S. while housing lost 31% of its v…
