Tag Archives: unemployment
Off the 2016 employment cliff
This has been a tremendously hard few months for me. I don’t want to overshare, but unemployment has been at the center of many, many conversations, with family and friends having hit the bricks this year. Friends with ten, fifteen or twenty years of service are being thrown under the bus.The job I’ve had […]
Did we already collapse?
A couple of days ago, I posted about the convergence of economic bellwethers that pointed to economic collapse in the near future.I have more detail on the unemployment situation. Two of my go-to sources have indicated that the BLS report on employment last month are ‘problematic’. As you may be aware, the ‘headline’ unemployment figure […]
GOOD MORNING! (bite me)
(Please don’t read this if you’re already as morose as I am. I don’t like the phrase ‘trigger warning’ but I’ve got a few here. Please remember I’m the guy who showed you this picture about the upcoming election). Wow! An interesting if less-than-productive summer, with Labor Day approaching like a woman scorned. I’m tired. Like […]
Sleepwalking into calamity
After the last State of the Union address by our Nobel Peace Laureate, bromide/memes like the above circulated freely on the Internets. This one was at least smart enough to leave lower gas prices off the list. You probably shouldn’t draw people’s attention to the fact that oil prices have fallen off a cliff because […]
Worst stock market opening ever
I want to capture this moment, because (depending how things change), people might not have this on their radar screen a month or so from now. Remember, I warned you. The Stock Exchange lost over 5% of its value in the first week after New Year’s, and lost over 900 points. That makes this the […]
93 million out of the workforce
There has been much jubilation over the latest unemployment report, which shows that the economy had grown by 223,000 jobs last month. Market analysts and economists were watching the April numbers closely, after an anemic 126,000 jobs added in March had to be ‘adjusted’ down to 85,000 jobs. Remember that anything below 150,000 new jobs […]
Cheap gas and economic collapse
I was hoping to keep this short when I started writing it back in early December, but (to quote Ralph Waldo Emerson), “things are in the saddle and ride mankind.” Oil prices have fallen off a cliff in recent weeks, declining some 45%. It has been a good time for motorists–and for the peak […]
Unemployment ticks down in October
The BLS figures are in today–employment ticked down by a tenth of a percent last month to 5.8%. Total jobs added was approximately 214,000. There were also upward adjustments on previous months’ hiring. Huzzah. Would such a report have been enough to help Obama and the Democrats in last week’s elections had it come out a […]
Hip Hop Happy Time!
Yes, I’m depressing to read lately. Don’t know why anybody would follow my posts. And this week just passed was the week that crap blew up all over the place. The week of the Methane Bubble in Siberia. The week when a Malaysian airliner got shot down over Ukraine. The week when a whole lot […]
Commemorate the CCC and WPA!
Wikipedia I write this on the morning that a recently-released Gallup poll revealed unemployment to be the number one concern of Americans, with almost three times as many people considering it to be a bigger problem than the deficit (23% versus 8%). For those joining us late, I’ve been posting about the subject of unemployment […]