Tag Archives: household employment report

Jobless Rate Falls to 5.8 Percent—Why be unhappy?

Financial FAQs Weekly Nonfarm payroll jobs advanced 214,000 in October after gaining 256,000 September and 203,000 in August. Net revisions for August and September were up 31,000. The unemployment rate dipped to 5.8 percent in October from 5.9 percent in … Continue reading

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Losing Fannie and Freddie—A Terrible Idea

Financial FAQs There was a reason Fannie Mae (Federal National Mortgage Association) and Freddy Mac (Federal Home loan Mortgage Corporation) were government created entities, before they became private corporations in the 1970s.  They encouraged homeownership at a time when owning … Continue reading

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Employment Much Better Than Data

Financial FAQs The pundits and some economists just don’t seem to get it. Friday’s unemployment report was gangbusters. The gains were not just ‘ok’, per Marketwatch, or are at a ‘speed-walk’, per Barron’s Gene Epstein. Gains are in fact accelerating … Continue reading

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