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by Brian Maher of Daily Reckoning Bad news frightens us — but good news terrifies us. The May jobs report came out Friday. It revealed the unemployment rate has sunk to … Read more
In early May 2018, The Wall Street Journal asked professional forecasters to predict when the next recession would begin. Nearly 6 in 10 answered that the next recession will begin … Read more
via upfina: The April jobs report in the US wasn’t great as there were misses across the board. The total jobs created was 164,000 which missed estimates of 191,000. The … Read more
youtu.be/TWO6ylVEDmM TheHill: “14 states hit record-low unemployment” Fourteen states have set new records for low unemployment rates in the last year, nearly a decade after the recession put millions of … Read more
Fourteen states have set new records for low unemployment rates in the last year, nearly a decade after the recession put millions of Americans out of work. The states hitting … Read more
10 year yield has broken to the upside. I expect, yield rise to strangle growth causing a recession, which will take yields down again. One last drop/re-test before NEW LT … Read more
by WARREN MOSLER Unemployment benefits are harder to get, as previously discussed: The Next Recession Is Gonna Really Suck As a result, the rate at which unemployed Americans receive layoff compensation … Read more
Let me know what you think of this scenario. Temporary workers are pervasive in the U.S. especially. Canada as well. I’m sure other countries too. There was a time when … Read more
At this point, all democrats are evil. Illegal alien loving Democratic congressman, Luis Gutierrez, finds USA chant offensive, gets up and leaves SOTU. youtu.be/NghnQL9dUXY
Diamond and Silk made a special appearance on Fox and Friends earlier today, where they blasted Jay-Z and his hypocritical comments. Diamond and Silk told the Fox and Friends hosts: … Read more
by John Whitaker Thousands of unemployed people wait outside the State Labor Bureau in New York City to register for federal relief jobs in 1933. Department of Labor Audit Shows … Read more
by Jim Quinn An alternative headline, which would show the true picture, would be: Number of Black People Not in the Labor Force Reaches an All-Time High As with the … Read more
Construction, Manufacturing Jobs Up 600% in Trump’s First Year This is a stunning statistic. Thanks to Trump’s business expertise construction, manufacturing jobs are up 600% in the US in his … Read more
by Anthony B Sanders US Real GDP is growing at 2.3% YoY. What’s not to like? How about the lowest unemployment rate since 2000 and the worst wage “recovery” in … Read more
by WARREN MOSLER Still no sign of a rebound: Home prices rising about 6% annually and loans now growing at under 4% annually looks in line with at best flat housing … Read more