The Missing 3 Million

In General Interest by Jonathan Tasini1 Comment

I remain in the camp of people who are entirely unimpressed by the economic figures raved about by most pundits, economists and The White House. We all know that pay is not growing. But, there’s another thing to be concerned about: the missing 3.1 million workers.

The Phony Jobs Report Hype, A Very Sick Economy & Millions of Workers Who Don’t Count

In General Interest by Jonathan Tasini1 Comment

This was almost predictable: the traditional media, and too many bloggers who regurgitate what they read in the traditional media, are buying into the “rebound” in the economy because of today’s Labor Department report; the stock market goes up; and, I’m certain, pretty soon, the White House will be taking credit for all this and, subtly or not so subtly, arguing that, see, aren’t we great, vote for us. It’s nonsense.

Jobs & The Economy: It’s Worse Than You Think

In General Interest by Jonathan Tasini0 Comments

Truthfully, this is not particularly a new idea. For a long time, I, and others, have been pointing out that the data about the economy and jobs does not reflect how bad it really is–and this was true way before the financial crisis. But, drumroll, a little academic cover joins the chorus.

Black College Graduates Finding It Even Tougher

In General Interest by Jonathan Tasini0 Comments

I meant to share this from last week. “Young black workers with college degrees have fared better than their less-educated peers, they have a higher unemployment rate and are more likely to find themselves in a job that does not require a degree than other recent college graduates”, says the Center for Economic and Policy Research.

The Fed Guessing Game Misses The Point

In General Interest by Jonathan Tasini0 Comments

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.

Job Growth Wheezing

In General Interest by Jonathan Tasini0 Comments

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

Wages, Wages, Wages

In General Interest by Jonathan Tasini0 Comments

   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 …

Jobs Tighten

In General Interest by Jonathan Tasini0 Comments

   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 …