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Unemployment

Sat, 7 Nov 2009 15:47:55 +0000

It’s up to 10.2%. Trouble ahead. Trouble behind. The politics is going to be very tough. More pressure to “fix” the economy. The possibility that we are in the mess we are in because of past attempts to fix the economy is very alien to most politicians and most economists. ...

Streetwise Professor found this 7 hours ago on cafehayek.com

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Nobel Laureate: New Normal in Joblessness Ahead

Fri, 6 Nov 2009 19:58:07 +0000

In an interview with Bloomberg prior to the release of key unemployment data, Nobel Laureate Edmund Phelps discussed what he sees as the “new normal” for the U.S. economy. His view is that the U.S. should prepare for times of greater than normal average unemployment, and the ...

ockhamsrazor posted 27 hours ago from blog.ockhamresearch.com

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Employment Report: 190K Jobs Lost, 10.2% Unemployment Rate

Fri, 6 Nov 2009 03:47:11 +0000

From the BLS : The unemployment rate rose from 9.8 to 10.2 percent in October, and nonfarm payroll employment continued to decline (-190,000), the U.S. Bureau of Labor Statistics reported today. The largest job losses over the month were in construction, manufacturing, and retail trade. Click ...

Abnormal Returns found this 43 hours ago on calculatedriskblog.com

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US Unemployment, 2004-09

Thu, 5 Nov 2009 20:40:43 +0000

Tomorrow is NFP day — and when those numbers come out, we won’t have much time to discuss much else. So while I am winging to Austin early this a.m., I wanted to share these interesting run of charts, via F lowing Data , showing relative unemployment in the US. 2004, 5.5% ...

Afraid to Trade.com Blog found this 2 days ago on ritholtz.com

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Unemployment rate hits 10.2% in October

Fri, 6 Nov 2009 14:01:44 +0000

Alert Email Print By Rex Nutting , MarketWatch WASHINGTON (MarketWatch) - The U.S. unemployment rate climbed to 10.2% in October, topping the 10% mark for the first time in 26 years, the Labor Department reported Friday. Nonfarm payrolls dropped by a seasonally adjusted 190,000 in October, ...

Bear Mountain Bull found this 33 hours ago on marketwatch.com

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Unemployment in U.S. Jumps to 10.2%, Payrolls Fall

Fri, 6 Nov 2009 15:00:27 +0000

" The unemployment rate in the U.S. soared to a 26-year high of 10.2 percent in October and employers cut more jobs than forecast, underscoring why Federal Reserve policy makers say interest rates will remain near zero."

iehi posted 32 hours ago from hf-implode.com

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ETA Press Release: Unemployment Insurance Weekly Claims Report

Thu, 5 Nov 2009 13:42:38 +0000

836,629 FOOTNOTES SA - Seasonally Adjusted Data NSA - Not Seasonally Adjusted Data 1 - Prior year is comparable to most recent data. 2 - Most recent week used covered employment of 131,823,421 as denominator. 3 - EUC weekly claims include both first and second tier activity. UNADJUSTED INITIAL ...

FT Alphaville found this 2 days ago on dol.gov

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Stimulus for Cotton Candy, Tango and a Fish Orchestra? Wacky, or Actually Worthy?

Thu, 5 Nov 2009 21:51:45 +0000

Waste, of course, is in the eye of the beholder. Among the 150,000 stimulus expenditures released last week are dozens of iPods, toilets and trips to resort hotels. But, according to the reports, those seemingly questionable purchases are being used to enhance technology in the classroom, make ba

MediaMan posted 2 days ago from onthehillblog.blogspot.com

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Four Score Thursday - For Unemployment Benefits!

Thu, 5 Nov 2009 13:19:55 +0000

Unemployment benefits will now be extended to 79 weeks! The Senate approved a measure to extend the current benefit program by another 33% and, in a bid to aid the property market, the bill would also extend for five months a tax credit for homebuyers, AND expand it beyond first-time ...

Philstockworld posted 2 days ago from philstockworld.com

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The Fed and the Unemployment Rate cont’d

Wed, 4 Nov 2009 23:05:28 +0000

November 4, 2009 In response to the recent piece we wrote about the Fed and the unemployment rate, Bloomberg anchor Kathleen Hays emailed the following: [Richmond Fed president] “Jeff Lacker told me he could see the Fed tightening before unemployment comes down when I interviewed him last ...

Rover found this 2 days ago on ritholtz.com

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The Oxen Report: Wednesday Looking Towards Non-Farm Unemployment and Cable Earnings to Get Back to Green

Wed, 4 Nov 2009 06:03:03 +0000

The week has not started on a terribly great note as we are now 1/3 after Tuesday’s miss on Direxion Daily Bear Energy 3x ETF (ERY) . I went against my investing rules with ERY by investing in something that had moved way too much in pre-market trading, and the ETF came down hard from ...

Philstockworld posted 3 days ago from philstockworld.com

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A Compromise on Home Buyer Tax Credit?

Wed, 28 Oct 2009 16:53:00 +0000

Posted By: Diana Olick Sources are telling me that there may be a compromise among Senators Dodd and Lieberman and Senate Finance folks, like Baucus and his staff. Here's how it would work, and again, this is just a source telling me this, not necessarily what will happen: Read ...

Calculated Risk found this 10 days ago on cnbc.com

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Eurozone Unemployment At Record Highs; Private Sector Lending Drops First Time Ever

Sun, 1 Nov 2009 10:09:31 +0000

For all the cheering about the recovery one might think actual jobs were being created or bank lending was increasing. Neither is true in the US or the Eurozone. About a month ago the Sydney Herald reported Eurozone private sector lending almost stalls . Eurozone private sector lending has ...

IEHI Feed: The Hedge Fund Implode-o-Meter found this 6 days ago on globaleconomicanalysis.blogspot.com

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Global Unemployment: A Panel Discussion

Tue, 27 Oct 2009 16:50:00 +0000

An event: Berkeley Law - Global Financial & Economic Crisis Series: Global Unemployment : WEDNESDAY OCTOBER 28TH, 2009; 12:30 - 1:45 PM; BOOTH AUDITORIUM; BERKELEY SCHOOL OF LAW A panel discussion featuring: John Quigley, Goldman School of Public Policy J. Bradford ...

EconoSpeak found this 11 days ago on delong.typepad.com

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Video: Behind the GDP headlines

Mon, 2 Nov 2009 01:27:07 +0000

The economy turned a corner in the third quarter -- with growth surging 3.5 percent, but it may be too soon to rejoice.

MediaMan posted 5 days ago from politicalnewslive.blogspot.com

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Economist: High Unemployment to Last

Tue, 3 Nov 2009 04:50:51 +0000

Moodys.com's Mark Zandi Says Jobless Rate Won't Turn Around until Fall 2010

Division of Labour found this 4 days ago on cbsnews.com

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Video: Obama's Election Night Anniversary

Mon, 2 Nov 2009 01:51:54 +0000

U.S. News Chief White House Correspondent Kenneth T. Walsh analyzes how the president is doing one year after his historic win.

MediaMan posted 5 days ago from politicalnewslive.blogspot.com

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Long-Term Unemployment

Sun, 1 Nov 2009 03:29:33 +0000

[Calculated as the this divided by the this .]

J. Bradford DeLong's Grasping Reality with All Eight ... found this 6 days ago on economistsview.typepad.com

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Fed's Bullard: Falling Unemployment Rate "Prerequisite" for Rate Increase

Sun, 25 Oct 2009 00:53:05 +0000

Usually this would be a "duh", but with some of the Fed talk recently, this is worth noting ... From Bloomberg: Bullard Says Lower Unemployment Condition to Tighten ...“You want some jobs growth and unemployment coming down. That is a prerequisite” for an increase in interest rates, Bullard ...

self-evident found this 13 days ago on calculatedriskblog.com

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Eurozone Unemployment At Record Highs; Private Sector Lending Drops First Time Ever

Sun, 1 Nov 2009 10:09:31 +0000

" For all the cheering about the recovery one might think actual jobs were being created or bank lending was increasing. Neither is true in the US or the Eurozone. "

iehi posted 6 days ago from hf-implode.com

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