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Tag Archives: private nonfarm payrolls
More Jobs Equals Happier Consumers
Popular Economics Weekly It is not secret by now that whoever convinces the majority they are the best jobs creator will win the Presidential election. Today’s 171,000 payroll increase with upward revisions for the past 2 months may tilt things … Continue reading
2012 Economic Growth Accelerating
Popular Economics Weekly Economic growth is finally accelerating. Consumer demand plus manufacturing are continuing to increase, and even the fourth quarter was a little stronger as Q4 GDP growth broke the psychological 3 percent boundary. The Commerce Department revised fourth … Continue reading
Why the Surprising Jobs Report?
Financial FAQs Why so much surprise in January’s employment report that added 243,000 payroll jobs and dropped the unemployment rate to 8.3 percent? The U.S. has now added an average of 183,000 jobs a month in the past five months, … Continue reading
Posted in Economy, Housing, Keynesian economics, Weekly Financial News
Tagged construction jobs, construction spending, consumer confidence, Fed Chairman Ben Bernanke, ISM manufacturing survey, ISM NON-manufacturing survey, private nonfarm payrolls, unemployment rate, unemployment report
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More Jobs Key to 2012 Growth
Popular Economics Weekly How do we know what to look for in 2012? We should not be looking at the headlines, which tend to trumpet totally conflicting news. But more accurate information is available—usually several months later. For instance, jobs’ … Continue reading
Austerity (That) Doesn’t Work
Financial FAQs It turns out that austerity doesn’t work, when it means tax cuts for the wealthy but spending (and so income) cuts for the rest of US. But austerity does work when applied to the wealthiest who have used … Continue reading