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Market Oracle FREE Newsletter

Category: Unemployment

The analysis published under this category are as follows.

Personal_Finance

Wednesday, December 14, 2011

Adapt or Die in the Unemployment Line / Personal_Finance / Unemployment

By: Gary_North

Diamond Rated - Best Financial Markets Analysis ArticleAdapt or die: this is a free market principle. It was expounded as a fundamental principle of society by Adam Smith and the eighteenth-century Scottish Enlightenment. This idea was picked up by Erasmus Darwin and extended by his grandson, Charles, who applied it – adapted it – to biology.

The Scottish Enlightenment announced "adapt or die" as the basis of social progress. "Adapt or die" is a principle of liberty, they argued. It is applied most productively and beneficially on a free market, they concluded.

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Politics

Sunday, December 04, 2011

The Real Reason Why U.S. Unemployment Will Remain High / Politics / Unemployment

By: Mike_Stathis

Diamond Rated - Best Financial Markets Analysis ArticleIt took quite a long time for Washington to finally concede something that was apparent; the nation’s excessively high unemployment rate would remain elevated for several years. But their admission has come with a twist.

Instead of pointing to the true reason for this demoralizing reality, establishment economists have offered some ridiculous excuses to account for America’s persistently high unemployment rate. The purpose of this propaganda campaign is to place blame on unemployed workers, rather than address the misguided economic policies established by America’s fascist government.

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Economics

Saturday, November 05, 2011

U.S. October Employment Situation Means Fed Can Watch From the Sidelines, For Now / Economics / Unemployment

By: Asha_Bangalore

Diamond Rated - Best Financial Markets Analysis ArticleCivilian Unemployment Rate: 9.0% in October, down from 9.1% in September. Cycle high jobless rate for the recent recession is 10.1% in October 2009.

Payroll Employment: +80,000 jobs in October vs. +158,000 in September. Private sector jobs increased 104,000 after a gain of 191,000 in September. Addition of 102,000 jobs after revisions to payroll estimates of August and September

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Companies

Wednesday, October 26, 2011

U.S. Company Job Layoffs Portend Poorly for Economy 2012 / Companies / Unemployment

By: Money_Morning

Best Financial Markets Analysis ArticleDavid Zeiler writes: Anticipating a sluggish economy for the rest of this year and into 2012, several major U.S. companies have set aside money to pay for possible layoffs and plant closures.

Such moves will help corporations maintain earnings growth, but will add pressure to the U.S. unemployment rate, which for more than two years has been stuck around 9%.

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Economics

Monday, October 10, 2011

Hypothetical U.S. Employment and Unemployment Charts from the Atlanta Fed / Economics / Unemployment

By: Mike_Shedlock

Diamond Rated - Best Financial Markets Analysis ArticleInquiring minds are checking out an interesting "what if" post by Dave Altig, senior vice president and research director at the Atlanta Fed. Please consider Two more job market charts

Payroll employment growth has averaged about 110,000 jobs a month since February 2010, the jobs low point associated with the crisis and recession. This growth level compares, unfavorably, with the 158,000 jobs added per month during the last jobs recovery period from August 2003 (the low point following the 2001 recession) through November 2007 (the month before the recent recession began). One hundred and ten thousand jobs a month compares favorably, however, to the 96,000 job creation pace so far this year.

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Economics

Saturday, October 08, 2011

U.S. Unemployment Rate 9.1% in September, unchanged from August / Economics / Unemployment

By: Asha_Bangalore

Diamond Rated - Best Financial Markets Analysis ArticleCivilian Unemployment Rate: 9.1% in September, unchanged from August. Cycle high jobless rate for recession is 10.1% in October 2009.

Payroll Employment: +103,000 jobs in September vs. +57,000 in August. Private sector jobs increased 137,000 after a gain of 42,000 in August. Addition of 99,000 jobs after revisions to payroll estimates of July and August.

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Economics

Wednesday, October 05, 2011

High Unemployment Means More Job-Killing Taxes / Economics / Unemployment

By: Money_Morning

Best Financial Markets Analysis ArticleKerri Shannon writes: The unemployment problem in this country has gotten so bad it's starting to sustain itself.

Essentially, high rates of unemployment have led to tax increases that are further suppressing hiring - thus making an already-ugly unemployment problem even worse.

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Economics

Thursday, September 08, 2011

Jobs, Jobs, Jobs – The Mantra of the Current Season / Economics / Unemployment

By: Asha_Bangalore

The unemployment rate of the U.S. economy in August 2011 stood at 9.1%, a far cry from the 4.4% jobless rate seen in the last business expansion which ended in December 2007. The current elevated level of unemployment after two years of economic growth is unprecedented in the post-war period (see Chart 1). The high for the unemployment rate in the post-war period was recorded during the 1981-1982 recession when it touched 10.8% in December 1982.

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Economics

Friday, August 05, 2011

U.S. Jobless Claims Holding At Elevated Level / Economics / Unemployment

By: Asha_Bangalore

Initial jobless claims fell 1,000 to 400,000 for the week ended July 30. Continuing claims, which lag initial claims by one week, fell 10,000 to 3.73 million. Initial jobless claims have ranged between 412,000 and 428,000 for three straight months. The main message is that firms are not hiring at a robust clip.

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Economics

Friday, July 01, 2011

United States: Initial Jobless Claims Stuck at an Elevated Level / Economics / Unemployment

By: Asha_Bangalore

Initial jobless claims fell 1,000 to 428,000 during the week ended June 25. The four-week moving average has held around 426,000 since the week ended May 26. Essentially, firms have been unwilling to increase their payrolls. Continuing claims, which lag initial claims by one week, fell 12,000 to 3.702 million. The four-week moving average of continuing claims has held almost steady since April 2011 (see Chart 1).

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Economics

Friday, June 24, 2011

U.S. Jobless Claims, Firms Remain Reluctant to Increase Payrolls / Economics / Unemployment

By: Asha_Bangalore

Initial jobless claims rose 9,000 to 429,000 during the week ended June 18. The four-week moving average held steady at 426,250.  Continuing claims, which lag initial jobless claims by one week, fell slightly to 3.697 million from 3.698 million people.  The four-week moving average of continuing claims edged down to 3.709 million from 3.714 million.

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Economics

Sunday, June 12, 2011

The Unemployment Conspiracy; It's the Policy, Stupid / Economics / Unemployment

By: Mike_Whitney

Best Financial Markets Analysis ArticleWhen the recovery began 2 years ago, the rate of unemployment was 9.5 percent. Today it's 9.1 percent. Think about that for a minute. Doesn't that prove that the market isn't really self-correcting after all? I mean, if the market was self-correcting then unemployment would have gone down by now, right? But, it hasn't. Why?

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Economics

Friday, June 03, 2011

U.S. Unemployment Now at Great Depression Levels, Jobs Destruction is Permanent / Economics / Unemployment

By: Washingtons_Blog

Diamond Rated - Best Financial Markets Analysis ArticleUnemployment During the Great Depression Has Been Overstated and Current Unemployment Understated (We've Now Got Depression-Level Unemployment)

The commonly-accepted unemployment figures for the Great Depression are overstated.

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Economics

Friday, June 03, 2011

U.S. Labor Market Elevated Level of Initial Jobless Claims is Worrisome / Economics / Unemployment

By: Asha_Bangalore

Initial jobless claims fell 6,000 to 422,000 during the week ended May 28.  The underlying trend of initial jobless claims in the last two months has changed.  The number of initial jobless claims has risen to 426,000 during May from 423,000 in April after an extended period of a decelerating trend (see Chart 2).  These numbers suggest that labor market conditions remain worrisome.  The reversal of initial jobless claims is consistent with the slowing trend visible in other recent economic reports. 

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Economics

Monday, May 09, 2011

What's the Real U.S. Unemployment Rate? / Economics / Unemployment

By: Mike_Shedlock

Best Financial Markets Analysis ArticleEvery month the government posts the unemployment rate yet few know where the unemployment rate comes from, how it is determined, and the relationship between the unemployment rate and the monthly reported jobs total.

For a quick recap, the unemployment rate comes from a "Household Survey" while the reported headline jobs total comes from the "Establishment Survey". The former is a monthly phone survey, the latter is a sample of actual business employment.

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Economics

Friday, April 15, 2011

U.S. Initial Jobless Claims Surprise Jump / Economics / Unemployment

By: Asha_Bangalore

Initial jobless claims rose 27,000 to 412,000 during the week ended April 9.  It is surprising given that initial jobless have been trending down and holding below 400,000 for four straight weeks. 

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Economics

Friday, April 08, 2011

U.S. Jobless Downtrend Remains in Place / Economics / Unemployment

By: Asha_Bangalore

Best Financial Markets Analysis ArticleInitial jobless claims fell 10,000 to 382,000 during the week ended April 2, which puts the 4-week moving average at 389,500.  Continuing claims, which lag initial jobless fell 9,000 to 3.723 million.  The good news is that the downward trend of jobless claims is maintained.  The number of claimants under the special programs fell for the week ended March 19 declined roughly 90,000.  Going forward a larger drop would be necessary to be consistent with the strength seen in private sector payrolls in February and March. 

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Economics

Thursday, March 24, 2011

U.S. Jobless Claims Maintain Downward Trend / Economics / Unemployment

By: Asha_Bangalore

Initial jobless claims fell 5,000 to 382,000 during the week ended March 19.  Continuing claims, which lag initial jobless claims by one week, dropped 2,000 to 3.721 million. 

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Economics

Tuesday, March 22, 2011

Why Is U.S. Unemployment So High? / Economics / Unemployment

By: Robert_Murphy

Best Financial Markets Analysis ArticleEveryone knows that the unemployment situation is very bad, but the official figures (not surprisingly) understate the problem. In this article I'll outline the severity of the stalled labor market, and explain some of the major causes.

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Economics

Sunday, March 20, 2011

U.S. Real Unemployment Rate 10.2%, Underemployment at 20% / Economics / Unemployment

By: Mike_Shedlock

Best Financial Markets Analysis ArticleI am very skeptical of BLS unemployment rates inching lower. Not only do the BLS reports discount millions of marginally attached and discouraged workers but BLS seasonal adjustments seem more than a bit unusual.

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