July 22, 2009, 3:36 pm
Economy, Liberals Amp Amp Democrats, Political Groups, Recession, Stimulus, Unemployment, Barack Obama, Katie Couric, Cbs Evening News, Obama Watch
this year, many say the unemployment rate will continue to rise into next year, topping out somewhere north of 9 percent." Obama made his claim after Couric asked about the current 9.5% unemployment rate: "Your administration projected that with the stimulus package, as you know, unemployment could be kept under 8%. Well, that was
August 7, 2009, 12:45 pm
Labour, World, Job Market, Bureau Of Labor Statistics, Unemployment Rate, Job Loss
US unemployment rate fell to 9.4% in July, down from 9.5% in June, marking the first drop since April 2008, and moreover, the highest rate in more than a quarter of a century. "Analysts attributed the lower rate of contraction to the government's stimulus package, which...read more
August 7, 2009, 9:54 am
Economics, Lies, Recessionomics, Statistics, Unemployment
The unemployment rate unexpectedly dropped last month from 9.5% to 9.4%, which everyone seems to be happy about. Which seems odd, since the percentage of adults without jobs actually went up. The...
August 7, 2009, 10:52 am
News, July Job Report, Unemployment, Unemployment Rate
their jobs last month, the unemployment rate actually fell by 0.1%. While the falling unemployment rate certainly has many of us encouraged, the job market is still clawing its way out of a very deep hole. Despite the smaller number of job losses, July marked the nation’s 19th consecutive month of job reductions, bringing the total
August 7, 2009, 9:22 pm
Unemployment, Bureau Of Labor Statistics
looking for work. So the unemployment rate went down because people dropped out of the work force. Figure it this way. If the workforce is 1000 and 100 are out of work, the unemployment rate is 10%. But if 10 of those 100 stop looking for work, the workforce is 990, and the unemployment rate drops to 9.1%. U6 numbers, which counts some
August 8, 2009, 11:22 pm
Unemployment Rate, Housing Starts
total and single unit) and unemployment (inverted).You can see both the correlaton and the lag. The lag is usually about 12 to 18 months, with peak correlation at a lag of 16 months for single unit starts. The 2001 recession was a business investment led recession, and the pattern didn't hold.This suggests unemployment might peak in Spring
August 20, 2009, 12:15 pm
Anti Capitalism, Barack Obama, Democrats, Dems In Charge Now What, Economy, Fiscal Responsibility, Government Malfeasance Misfeasance, News, Polls, Socialism, Unemployment, Economic Stimulus, Liberalism
of first-time claims for unemployment benefits rose unexpectedly for the second straight week, a sign that jobs remain scarce even as other data show the economy is stabilizing. The Labor Department said Thursday the number of new jobless claims rose to a seasonally adjusted 576,000 last week, from a revised figure of 561,000. Wall Street
August 22, 2009, 12:00 am
Unemployment, Dips, D C, And, Virginia, July, Rises, Maryland
Unemployment fell in the District and Virginia in July as students found jobs or left the workforce, while it increased slightly in Maryland due to a surge in job seekers, new government data show.
August 24, 2009, 11:20 am
Culture, San Francisco, Unemployment, Obama, Recession
Amidst a chorus of charges of failure, an invisible success for Obama. "The unemployed included nurses, Web designers, accountants, baristas, recent business school graduates and construction workers....read more
September 4, 2009, 12:00 am
Stimulus, Credited, For, Lifting, Economy, But, Worries, About, Unemployment, Persist
Half a year after Congress enacted the largest economic stimulus plan in the nation's history, the measure is contributing to what increasingly looks like a budding recovery, analysts say, but significant concern remains about rising unemployment and the initiative's contribution to the federal...
