The BLS says the unemployment rate fell from 10.2% to 8.4%. Other BLS data casts doubt on the number…
New Unemployment Claims Drop Below 1 Million for First Time Since March…
First-time jobless claims totaled 963,000 last week versus the Wall Street estimate of 1.1 million.
Americans Are Growing Less Willing to Beg for Permission to Make a Living…
Officials claim doing business is a revocable “privilege,” but many Americans see it as a right that they’ll exercise with or without licenses and permits…
Council Revokes Business License of New Jersey Gym That Defied Wuhan Virus Order…
Councilmembers voted to revoke the business license of a defiant gym in Bellmawr, New Jersey, that ignored multiple orders to close amid the coronavirus pandemic…
July Jobs Report – 1.8 Million Jobs Recovered…
The Bureau of Labor Statistics released the July jobs report earlier this morning. Overall during this phase of the economic recovery the U.S. added 1.8 million jobs in July, with strong recovery in: Leisure and Hospitality (+592k), Retail Trade (+258k) and professional and business services (+170k). Strong steady gains continue in manufacturing, construction and transportation […]
Data Quirk Inflates Wuhan Virus Jobless Figures by 3.7M…
Figures for weekly job losses caused by COVID-19 are being inflated by adjustments the government uses in a normal year to smooth out seasonal factors and show broader growth patterns, according to one investment adviser. While Labor Department reports show more than 54 million Americans have filed for first-time unemployment benefits since stay-at-home orders were […]
Stockman Slams “Lockdown Lunacy” – Your Government Ordered Depression Has Arrived…
Well, the Virus Patrol sure has done it. In a fit of reckless overkill they have managed to vaporize six years of economic growth during the last 90 days. And that’s just by the mechanical reckoning of the GDP accounts, where total output in Q2 weighed in at essentially the same level as Q4 2014. […]
Economic Downturn, Stay-at-Home Orders Fuel Overdose Crisis Amid COVID-19 Outbreak…
Record-Setting Job Gains of 4.8 Million in June During Partial Economic Reopening…
Most “experts” had been forecasting around 2.5 million jobs recovered in June; however, payrolls rose by 4.8 million, far exceeding expectations. The Bureau of Labor Statistics report [Available Here] shows job recovery across-the-board, with a major bounce back in the leisure and hospitality sector gaining 2.1 million jobs. The June jobs growth of 4.8 million […]
Trump to Close Loophole That Gives 50K U.S. Jobs to Border Crossers Every Year…
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