Actually, I’m not referring to the level of unemployment when I say “Peering into Our Future.” If you follow Shadow Stats, you’ll know that we’ve already gone well past that figure (into the 20-percent range).
What I’m referring to is the black market that developed in response to the recession, which has become a major source [...]
One can easily understand how employment continues to rise in Washington, D.C., even as every other state in the union continues to stay even (three states) or lose workers to unemployment (the rest save one), but the Peace Garden State (aka Flickertail State and Roughrider State)?
Yup, North Dakota has evidently managed to live both frugally [...]
Okay, forget the official figure of 7.2 percent that the media quote for U.S. unemployment.
As the accompanying graphic from Shadow Stats shows, what the media report is called the U3 unemployment rate–the officially unemployed shown on the bottom red line. When you add in “discouraged” and “marginally attached” workers, you get the middle line on [...]
Many have argued that minimum wage laws price certain people out of the job market skill-wise and also lead to layoffs as small businesses cope with their finances and the added burden of higher wages.
In this light, it’s notable that fully 40 percent of the 693,000 who lost their jobs in the latest ADP report [...]
I ran across a blog posting today by someone named Chef Sheila, but it appears as if the article itself was done by someone else judging by the first paragraph that praises “this journalist’s informative piece” (unless she’s vainly referring to and complimenting herself).
Be that as it may, the piece is called “Meltdown 101: Unemployment [...]
Here’s something I just learned. I generally don’t pay much attention to unemployment insurance law since I don’t qualify for it, but some people have been pretty smart at gaming the system.
To wit:
Under federal unemployment rules that are being changed Jan. 6, 2009, a worker who drew wages from jobs in two or more states [...]
I call it “The Immaculate Recession” because our current turmoil seems to be solidifying what should’ve been obvious a long ago:Â We are no longer an Industrial Revolution economy; we’re the Information Age economy, and in that area, we still lead the world.
That’s why, when one surveys the pain going around in 2008, it’s illustrative [...]
