Unemployment Rate and Level of Education
Fundamental
Sobota, 04 September 2010 23:30

by CalculatedRisk on 9/04/2010 05:41:00 PM

Another graph by request ...
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Update: Total people receiving unemployment benefits
Fundamental
Sobota, 04 September 2010 19:30

by CalculatedRisk on 9/04/2010 01:21:00 PM

Here is a graph from the Atlanta Fed of the number of people receiving extended unemployment benefits ... Note: data as of Aug 7th - there were about 300,000 less people receiving benefits on Aug 14th (most recent data NSA).
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New Job Opportunity - Spitting at the Moon
Fundamental
Sobota, 04 September 2010 19:30

In multiple posts Paul Krugman is saying "I told you so". For example, please consider Nobody Could Have Predicted

Pictures support the view that stimulus worked as long as it lasted, boosting the economy — which is the same conclusion Adam Posen drew from Japan’s experience in the 1990s: Fiscal policy works when it is tried.
But the stimulus wasn’t nearly big enough to restore full employment — as I warned from the beginning. And it was set up to fade out in the second half of 2010.
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Duration of Unemployment
Fundamental
Sobota, 04 September 2010 15:30

by CalculatedRisk on 9/04/2010 08:56:00 AM

An update by request ...
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Voters Strongly Favor Non-Incumbent GOP Newcomers in Midterm Elections
Fundamental
Sobota, 04 September 2010 11:30

More than any other class, including Republicans in general, voters have a decided preference for non-incumbent GOP challengers. Moreover, three in four believe an influx of new members would improve Congress, says Gallup.
Please consider Americans Most Likely to Favor GOP Newcomers for Congress

Suppose you had a choice among each of the following four types of candidates for Congress. Which one would you be most likely to vote for?
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Unofficial Problem Bank List increases to 844 institutions
Fundamental
Sobota, 04 September 2010 03:30

by CalculatedRisk on 9/03/2010 10:56:00 PM

Note: this is an unofficial list of Problem Banks compiled only from public sources.
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NFIB: Small Businesses Still Not Hiring
Fundamental
Sobota, 04 September 2010 03:30

by CalculatedRisk on 9/03/2010 08:15:00 PM

From NFIB: Small Businesses Still Not Hiring

William C. Dunkelberg, chief economist for the National Federation of Independent Business [said] “In August, most firms did not change employment, but for those that did, 11 percent (up one point from July) increased average employment by 2.3 employees, but 13 percent (down two points) reduced their workforces by an average of 3.5
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Understanding Reality - You Don't Know What You've Lost Till Its Gone
Fundamental
Sobota, 04 September 2010 03:30

As everyone should know by now, my main concern with unions is specifically with public unions. While I do not care for unions at all, and never have, at least with private unions, someone other than corrupt politicians buying votes is bargaining at the other end of the table.
In the case of public unions, if politicians strike a bad deal, taxpayers foot the bill. In the case of private corporations, if management strikes a bad deal, the company goes bankrupt, shareholders take a hit, or the jobs move elsewhere, as soon as the contract is up.
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Rail Traffic increases 5.7% in August compared to August 2009
Fundamental
Piatok, 03 September 2010 23:30

by CalculatedRisk on 9/03/2010 04:12:00 PM

From the Association of American Railroads: Rail Time Indicators. The AAR reports traffic in August 2010 was up 5.7% compared to August 2009 - and traffic was 11.6% lower than in August 2008.
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Reflections on the "Recovery"
Fundamental
Piatok, 03 September 2010 23:30

One year ago the official unemployment rate was 9.7%. Today it is 9.6%.

One year ago U-6 unemployment was 16.8%. Today U-6 is 16.7%



click on chart for sharper image
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