First came the report from ADP, with a hat tip to Patterico: ADP reports 119K private job gains in April By Paul Davidson, USA TODAY3:13 p.m. EDT May 1, 2013 Businesses added 119,000 jobs in March, payroll processor ADP said Wednesday, below economists’ expectations. Job growth picked up from the prior month but remained mired [...]
Archive of posts filed under the Unemployment category.
Economics 101: Hostess arises from the ashes, and goes non-union
At THE FIRST STREET JOURNAL, we paid some attention to the demise of Hostess Brands. Now comes this, from Sister Toldjah: New maker of Twinkies: Non-union workers will be used to restart plants Posted by: ST on April 24, 2013 at 7:03 pm Let the OUTRAGE!!!!!!! begin: The company that bought the Twinkie, HoHo and [...]
The morning guesstimates Updated
From THE WALL STREET JOURNAL: Jobless Data May Throw Market a Curve Given Opening Day has just passed, the phrase “spring slump” conjures up thoughts of a struggling baseball team. In the context of economics, though, it is the fear a resurgent economy and stock market will follow last year’s disappointing seasonal pattern. Even after [...]
The prognostications of economists
THE FIRST STREET JOURNAL is as much an economics blog as a political one, and your Editor pays a lot more attention to economics than a lot of other political bloggers. From THE WALL STREET JOURNAL: Job Market Remains U.S. Economy’s Wild Card By BEN CASSELMAN As the U.S. economy picks up steam, the job [...]
Perhaps this isn’t a coincidence
From MSNMoney comes a “Top Ten” list of the American cities, sorted by lowest and highest tax rates. There are more descriptions at the original, but your Editor has compiled the MSN Money figures into one handy chart. What I have noticed is that, though the correlations are not exact, because different cities and states [...]
€urosclerosis: Of what country is François Hollande president?
From The New York Times: Hollande Visits Greece to Show Support for Recovery Efforts By NIKI KITSANTONIS Published: February 19, 2013 ATHENS — During a quick visit to the Greek capital on Tuesday, President François Hollande of France expressed support for Greece’s efforts to revive its economy and called on French companies to invest in [...]
From around the blogroll
Well, of course this would never have happened before the election! From Robert Stacey Stacy McCain: A Scandal Too Far: Steve Capus Terminated as NBC News President Posted on February 2, 2013 The New York Times spins it this way: The longest-serving president of any of the three network news divisions, Steve Capus of NBC News, [...]
Economics 101: It’s not a nail
It has been said before that when the only tool you have is a hammer, every problem looks like a nail. From THE WALL STREET JOURNAL: No Surprise as Fed Keeps Rate Stance By Jon Hilsenrath and Victoria McGrane | Updated January 30, 2013, 7:09 p.m. ET The Federal Reserve is keeping its foot pressed [...]
Jobs lost, jobs found
Robert Stacey Stacy McCain tweeted: Time, Inc., laying off about 500 people bloomberg.com/news/2013-01-3… — Robert Stacy McCain (@rsmccain) January 31, 2013 and then: Al-Jazeera America (formerly CurrentTV) has 160 job openings, 8,000 applications buzzfeed.com/andrewkaczynsk… — Robert Stacy McCain (@rsmccain) January 31, 2013 Heck, the former TIME staffers wouldn’t even have to change their politics!
Karen and the Obama economy
Your Editor probably should have checked the numbers and done the math a few days ago, but better late than never. Under President Barack Hussein Obama, the man who had told us, in June of 2008, that it was “irresponsible” and “unpatriotic” for President Bush to have presided over a $4 trillion increase in the [...]
