by: Arsenio Toledo (Natural News) Investors are once again concerned that the economy of the United States could dip far enough into a recession as recent jobs data shows a slowdown in new job creation and an increase in jobless claims. According …
by confoundedinterest17 I am waiting for tomorrow’s employment report to see if the Biden Administration plays it straight or give another padded report like first half 2022. But in the meantime, according to Challenger Gray & Christmas, U.S.-based employers announced 77,770 job …
Royal Bank of Canada has predicted that there will be a modest recession in Canada 2023. Their newest prediction is that this decline will start in the first quarter of next year. Increased costs and interest rates will reduce the …
https://twitter.com/DM69693644/status/1555576166848905217 BREAKING: Canada lost 30,600 jobs in July vs. est. 15,000 increase — Margot Rubin (@margot_rubin) August 5, 2022 Those with more than four mortgages jumped 17.5%. at least they've done stress tests… pic.twitter.com/y2c3MrJrRY — Alessio (@AlessioTMAD) August 5, 2022
by confoundedinterest17 Between the Biden Administration, Anthony Fauci and the media constantly screaming about the devastating effects of Omicron, I would have expected massive job cuts and a large spike in jobless claims. But alas, the numbers and charts tell a …
New York (CNN Business)One of the more insidious myths this year was that young people didn’t want to work because they were getting by just fine on government aid. People had too much money, went the narrative. Only trouble is, …
INDIANAPOLIS – Earlier this year, an insistent cry arose from business leaders and Republican governors: Cut off a $300-a-week federal supplement for unemployed Americans. Many people, they argued, would then come off the sidelines and take the millions of jobs that employers …
Billionaire corporate executives say President Joe Biden ought to use his massive Afghan resettlement operation to fill unfilled jobs in the United States. Airbnb co-founder Joe Gebbia, worth $11.4 billion, and Chobani CEO Hamdi Ulukaya, worth $2 billion, write with …
by Aegidius25 The Bureau of Labor Statistics (BLS) put out its most recent report on the unemployment situation recently. I’ve long had a problem with the numbers this government agency publishes. Over the years they have been brazenly manipulated and much …
Weekly jobless claims totaled 419,000 for the week ended July 17, above the 350,000 estimate. The total represented a gain from the previous week’s 368,000. Continuing claims declined by 29,000 to 3.24 million for another pandemic-era low. Weekly jobless claims …
by confoundedinterest17 (Bloomberg) — Applications for U.S. state unemployment insurance fell last week to a fresh pandemic low, indicating that dismissals are easing as business conditions improve and firms look to increase headcounts. Initial claims in regular state programs decreased by 26,000 to …
Initial jobless claims totaled 411,000 for the week ended June 19, a decline from the 418,000 in the previous period but worse than the 380,000 estimate. Continuing claims decreased to 3.39 million. Durable goods orders rose 2.3%, below the Dow …
The number of new applications for unemployment benefits dropped 34,000 last week to 440,000, the Labor Department reported on Thursday, as several Republican states announce plans to leave the expanded federal program early. The number of new claims, which represents the …
As states begin to ease indoor dining restrictions, the food service industry is having a hard time hiring employees, a difficulty owners blame in part on the disincentivizing effects of supercharged federal unemployment benefits, which are paid to individuals on top of …
https://www.youtube.com/watch?v=X3yEQd8DzkQ John Hanson from The Political Insider reports, According to the Department of Labor on Thursday, new weekly jobless claims have jumped to 744,000 for the week ending on April 3rd. Previously, economists had predicted jobless claims might decline to …
New weekly jobless claims rose to 744,000 for the week that ended April 3rd, the Department of Labor said Thursday. Economists had forecast a decline to 680,000 from the previous week’s 719,000. This is the second consecutive week in which initial jobless …
U.S. new weekly jobless claims unexpectedly rose to 770,000 last week even amid a wave of abating social distancing restrictions and improving weather. The Department of Labor released its weekly report on new jobless claims on Thursday at 8:30 a.m. …
https://www.youtube.com/watch?v=VGtMR0d5Mjo Mary Greeley News – A fierce struggle over automation has erupted at the Port of Los Angeles, as local union officials representing some 12,000 dockworkers demand that one of the world’s largest shipping firms abandon a plan to introduce …
Nice: https://tinyurl.com/ya47bwml First time in half a century, plus now we also have a massive export of natural gas: https://tinyurl.com/yddqa7w6
by sundance Begin, with the end in mind…. More than two years ago CTH began discussing the ramifications to a new emphasis on the economy outlined as a possibility of candidate Donald Trump’s economic policy outlook. Within the overall discussion we walked through the anticipated changes possible if A.) …
by WARREN MOSLER Just a reminder (from 2015) as to why claims are this low: This is not population adjusted: We haven’t yet to recover from the last recession, in my opinion due to an ongoing lack of demand: Highlights …
Most observers interpret the April jobless rate of 3.9% as sign that more smooth sailing is ahead for the economy. But the historical record shows what has actually followed milestone lows in the jobless rate. You may be in for …