Tag Archive | "Unemployment"

Why Unemployment Seems To Edge Down

A little thing to remember when you see unemployment seem to get “better”. There is more here than meets the eye.

Read the full story

Posted in BlogComments (0)

The Fed Guessing Game Misses The Point

That elites and the transcribers of press releases (formerly known as “journalists”) don’t understand what is happening to most working people is never more apparent when discussing the Federal Reserve Board, and the basic abandonment of the idea of full employment.

Read the full story

Posted in BlogComments (0)

Job Growth Wheezing

Job growth is allegedly “steady” but unemployment increases — so said the statistics. But, here’s the thing — these stats still miss an important point.

Read the full story

Posted in BlogComments (0)

Krugman to Catfood Commission: Austerity Is A Failure

   Paul Krugman wasn’t actually writing directly to the Catfood Commission II (speaking for myself, I decline to use a superlative being used by many to describe the Congressional fool’s gathering because the superlative implies higher quality). But, his message, looking at the debacle in Europe, is very clear: austerity is a loser.    In […]

Read the full story

Posted in BlogComments (0)

The $1.3 Trillion Black Hole–And The Job Party’s Call To Close It

   To return to my theme of "numbers are a bitch"…here is one to chew on: $1.3 trillion. It’s a gap–a BIG gap…and in that number is part of the story of the crisis we’re in.   At this point, after checking in with my colleague and friend Dean Baker, the Gross Domestic Product is […]

Read the full story

Posted in BlogComments (0)

Stop The Deficit Silliness: Even OECD Says High Unemployment Is The Crisis

   My head hurts every time I read about the phony crisis about the debt and the deficit–whether it be the idiotic headlines bowing down to the rating agencies’ hand-wringing (the same bozos who did such a good job blessing the financial instrument trash churned out by Wall Street) or the daily headlines about a […]

Read the full story

Posted in BlogComments (0)

Wages, Wages, Wages

   Ok, fine, this is a good thing, via The Wall St. Journal: The number of U.S. workers filing new claims for jobless benefits slid last week to the lowest level in nearly two and a half years, indicating that labor-market conditions continue to improve. Initial unemployment claims declined by 34,000 to 388,000 in the […]

Read the full story

Posted in BlogComments (0)

The Mozilo Method: Rob, Get Caught, Cut Deal, Die Rich

We are missing part of the anger that I think cuts across the political spectrum–and it goes right to the question: why is Angelo Mozilo not going to jail for a very long time? Because the political system still is not willing to jettison our coddling of the vast array of people who committed deep […]

Read the full story

Posted in BlogComments (0)

What If The “Recession” Ended And No One Knew?

I have always thought there is a huge gap between economists and numbers’ crunchers versus the reality-based world of workers. But, in the midst of the current economic crisis, it seems to me that the entire way we talk about "recessions" needs to be thrown out the window. It simply does not measure, and obscures, […]

Read the full story

Posted in BlogComments (0)

America Today: An Unemployed Mother Kills Her Kids

Every single day that I campaign, someone comes up to me in the streets and says, "can you get me a job?". On one day this past weekend, I got literally a couple of dozen of those questions. The desperation in peoples’ voices is more urgent than I have heard in a long, long time […]

Read the full story

Posted in BlogComments (0)

Jobs Tighten

   This was predictable: This year is shaping up to be even worse than last for the millions of high school and college students looking for summer jobs. State and local governments, traditionally among the biggest seasonal employers, are knee-deep in budget woes, and the stimulus money that helped cushion some government job programs last […]

Read the full story

Posted in BlogComments (0)

Deficit Rhetoric and Impoverishing America

   If Democrats wonder why more than half the people in the country think that the party of FDR cares more about the concerns of big corporations, no need to look any further than this: House leaders cut the cost of the package by roughly $44 billion, in part to address complaints from Blue Dog […]

Read the full story

Posted in BlogComments (0)

The Hurt Will Continue

   A lot of pain is going to continue to wash across the country. Witness this info on the continued lag in the construction industry: Construction is a big employer and one of the better-paid sectors for men who lack a college degree. The sector has shed 2.1 million jobs from its peak in March […]

Read the full story

Posted in BlogComments (0)

The Jobs Mirage: The People Need $1 Trillion More Now

The danger in a blip of good news is that it’s simply that: a blip. It is certainly a good thing that the data shows that 162,000 jobs were added in March. But, the truth is that this is not much to celebrate. And it actually should be a siren to move dramatically to embrace […]

Read the full story

Posted in BlogComments (0)

Conventional Wisdom Comeback

   Conventional wisdom–along with a great dose of greed and blind faith in a failed economic model–caused the immediate economic crisis we are still deeply mired in. Every day, brings another does of conventional wisdom. Here is one from The Wall Street Journal: U.S. household wealth fell by $14 trillion during the recession, sapping confidence […]

Read the full story

Posted in BlogComments (0)

The Mirage Crumbles

   I do not like to be negative. I’m actually quite the optimist, generally speaking. So, I admit to feeling uneasy that I’ve been presistently, regularly disbelieving about the talk of "economic recovery". I think that such talk ignores the actual FACTS and is largely driven by political imperatives–meaning, politicians who want to be re-elected […]

Read the full story

Posted in BlogComments (0)

@JonathanTasini on Twitter

Archives