By Frank Stricker October 10, 2024 Mainstream Views The BLS report for September was, in the mainstream view of things, pretty positive. Non-farm jobs gathered from employers’ reports increased by 254,000—the biggest increase in six months. In the household survey, the unemployment rate fell a tenth of a point in both August and September, and… Read More The Bureau of Labor Statistics Jobs Report for September 2024
By Frank Stricker September 15, 2024 There were few big changes last month. The overall unemployment rate fell by a tenth of a percentage point to 4.2%. The Black rate fell .2, the Hispanic rate rose by .2, and the Asian rate was up .4. The rate for teens increased by1.7%, and for Black teens… Read More The U.S. Jobs Reports for August 2024
By Frank Stricker The U.S. economy performed pretty well in the second quarter (April-June), growing at the rate of 2.8%. Also, price increases have been moderating in many… Read More The Job Situation in July of 2024
By Frank Stricker Are we on the precipice of a recession? Some experts think so. Neil Dutta wrote a piece for Business Insider with this title: “We’re on the Brink of an Unemployment Fiasco.” At The American Prospect, Ryan Cooper’s article revealed a lack of reverence for the Chair of the Federal Reserve: “Inflation is… Read More Are We on the Verge? The Jobs Report for June 2024
By Frank Stricker April 12, 2024 In the Bureau of Labor Statistics’ (BLS) Employment Situation–March 2024, the unemployment rate was 3.8%. It has been under 4% for two years and that is a positive. But if we add to the unemployment numbers involuntary part-timers (people who want full-time work) and job hunters who are not… Read More No Recession, But Wages Are Kinda Stuck
