Tag Archives: wages and salaries

Another Great Jobs Report

The Mortgage Corner Total nonfarm payroll employment increased by 228,000 in November, and the unemployment rate was unchanged at 4.1 percent, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in professional and business services, manufacturing, … Continue reading

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U.S. Taxes Are Not High!

Financial FAQs No, our taxes are not too high, and Americans suffer for it. In fact, the non-partisan Tax Policy Center says U.S. taxes at all levels of government represented 26 percent of GDP, compared with an average of 34 … Continue reading

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Q3 Economic Growth Jumps to 3.3% (Revised)

Popular Economics Weekly It looks like the U.S. economy is charging ahead for the next few quarters, as Q3 Gross Domestic Product was revised from 3 percent to a 3.3 percent growth rate, due to higher exports and capital expenditures. … Continue reading

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A Gangbusters Employment Report

Popular Economics Weekly Payrolls rose 261,000 in October following an 18,000 rise in September, easily weathering the season’s hurricane disruptions, the government said Friday. But 765,000 dropped out of the labor force, which is why the unemployment rate fell to … Continue reading

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A Gangbusters Employment Report

Popular Economics Weekly Payrolls rose 261,000 in October following an 18,000 rise in September, easily weathering the season’s hurricane disruptions, the government said Friday. But 765,000 dropped out of the labor force, which is why the unemployment rate fell to … Continue reading

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Who Needs a Tax Cut?

Popular Economics Weekly It turns out very few of us need a tax cut. Marketwatch economist Rex Nutting calculates that those in the 60 percent middle-income brackets—from $32,000 to $140,000 per year—pay just an average 2.5 percent in income taxes. … Continue reading

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Tightening Credit = Bad Economic News (Revised)

Popular Economics Weekly When is the next financial crisis? A Deutsche Bank study predicts it could be sooner than we know, as I said last week. Because the Federal Reserve reiterated its intent to begin to sell off the $4.5 … Continue reading

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