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
By Frank Stricker A Failed Number Does the Federal Government regularly publish estimates of what a reasonably comfortable living standard would be for an average household? There must be something somewhere. A government agency does publish poverty lines–aka, poverty thresholds–and its experts tell us how many people fall below… Read More (Mostly) Useful Government Numbers About Poverty, Jobs, and Unemployment, including the Latest Employment Report for February 2024
by Frank Stricker The Bureau of Labor Statistics’ report on jobs and unemployment for January was mostly positive. It continues a string of generally upbeat reports over the last two years. Official unemployment stayed under 4% for the 23rd month in a row. It was 3.7%. The Hispanic rate was still high at 5% and… Read More Getting Better All the Time? The Labor Report for January of ’24
