Tag Archives: unemployment

Bring Back Welfare, Please

According to the Bureau of Labor Statistics there are 11.6 million unemployed persons in the United States today. Meanwhile, the current estimate of the total cost of the spending package passed to alleviate this distress is $827 billion.  President Obama … Continue reading

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Day Without Pay Unpopular

Looks like the “Day Without a Gay” civil rights protest intended to send a message to the country about the importance of gay employees and consumers…had no effect whatsoever. Thus the congenitally counterproductive leadership of the gay rights movement can … Continue reading

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Is The Evidence In On Minimum Wage?

When the most recent unemployment numbers were released, the media bleated about the highest percentage increase in the jobless rate since 1986. For example, The New York Times lamented: The unemployment rate surged to 5.5 percent in May from 5 … Continue reading

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The Mildest Recession?

Morgan Stanley expects a “mild and short” recession in 2008, with peak unemployment of 5.6% or 5.7% in early 2009. Mark Perry points out that would make it the mildest and shallowest recession since the second world war.

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A Mid Cycle Slowdown

Many people argue that we are experiencing no more than a mid-cycle slowdown. Certainly that was a potential outcome I considered likely if a full blown recession didn’t occur. The recent job numbers on the surface can certainly provide a … Continue reading

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