CNN’s article on last week’s jobs report was a negative one, where the article avoided mentioning how many jobs were added to the U.S. economy (209,000 jobs were added, per CNBC), but admitted that the unemployment rate is at a sixteen-year-low. But, the article focused on the lack of wage growth, ignoring the signs of […]
Even though the Trump administration has not been able to implement many of their deregulatory policies, the economic numbers released on Friday indicate there is some economic progress on the horizon. The Department of Labor reported that the number of employed Americans went up, the labor force participation rate increased slightly (0.1%) and added 220,000 […]
The Bureau of Labor Statistics has confirmed what many of us already knew—newspaper jobs have disappeared at an alarming rate over the last 26 years. According to the BLS, newspaper jobs fell from about 458,000 in 1990 to roughly 183,000 in March 2016, which is a drop of almost 60%. Radio and broadcasting also saw losses—though […]
Erick Erickson with the spot-on analysis on flagging jobs growth: The economy sucks. Only 38,000 jobs were added and supposedly unemployment went down because of the number of people dropping out of the workforce. This is not a good thing. Barack Obama has done everything possible to reshuffle and alter economic accounting to make himself […]
Liberals and Democrats claim there is an economic recovery. So 94 million Americans not working is economic progress and recovery, along with a 38-year-low in labor force participation rate?!
After the Baltimore riots and looting spree, Obama said he will focus on how to better prepare young, black Americans for the real world. Too bad it took this long in his presidency, which has seen high unemployment among black Americans (almost double white American unemployment between 10-12% the last couple months) and especially males, in […]
With the release of the July Bureau of Labor Statistics report on unemployment, which showed a rise in payroll employment of 117,000 jobs and a decline in the unemployment rate of 0.1 percentage points, the media have taken to portraying these very modest improvements as a sign that the Obama economy is improving in some […]