The end of a decades-old legal precedent is a boon for lawyers, small-government conservatives and judges who want to out-expert agency analysts…
Good Riddance to Obama’s ‘Joint Employer’ Rule…
For all their triumphalist talk of ascendant demography and permanent majorities, Democrats have never really come to terms with the slow death of the labor movement. Unions have never been less relevant than they are today in the modern economy. Where they have not been obviated by workplace health and safety rules, they are being […]
Obama Endorses Canada’s Justin Trudeau…
Nancy Pelosi’s USMCA Strategy for 2020 is Contingent Upon the Canadian Election…
Earlier today Nancy Pelosi was questioned about why the House was not voting to pass the USMCA trade agreement. Speaker Pelosi immediately fell back upon her talking point: “we are working toward yes.” This is complete hogwash. There are no discussions. Pelosi is doing what Pelosi does best, politicizing anything positive for the U.S. economy […]
Main Street’s Hiring Woes Show U.S. Labor Market’s Growing Muscle…
This is one of those occasions when less really is more. For the first time, a shrinking talent pool is the biggest concern of mid-size companies assessing the year ahead, according to the JPMorgan Chase Business Leaders Outlook released Monday. It outstripped even the perennial challenge of increasing sales and revenue, showing that a decade-long […]
Jobless Claims Fall to the Lowest Level Since 1969…
New claims for unemployment benefits fell 8,000 to 207,000 in the second week of July, the Department of Labor reported Thursday morning, the lowest such number since 1969. Forecasters had expected new jobless claims to edge up to around 220,000. Instead, fewer people sought unemployment insurance than anytime in 48 years. Thursday’s benchmark is especially […]
223,000 Jobs Added in May, Unemployment Falls to 3.8 Percent…
The Department of Labor reported Friday 223,000 jobs were added in the month of May, and unemployment dropped to 3.8 percent. Jobs growth outpaced economists’ predictions, who estimated the number would fall just short of 200,000. Experts were also expecting the unemployment rate to stay steady from month to month at 3.9 percent. May’s unemployment […]
Black Unemployment Rate Hits New Record Low in May…
Unemployment Ties Lowest Level in Nearly 50 Years…
Jobless Claims Plunge to 222,000, Second-Lowest Mark in Decades…
New applications for unemployment benefits dropped 7,000 to 222,000 in the second full week of February, the Department of Labor reported Thursday, the second-lowest mark of the recovery and a good sign for the economy. Forecasters had expected new jobless claims to remain steady at an ultra-low 230,000. Lower claims are good news because they […]