Category: Unemployment
By Rabble Rouser Reverend Amy on Nov 18, 2009 in ABC News, Bamboozling, California, Current Affairs, Economic Stimulus, Economy, Employment, Joe Biden, Stimulus Plan, Unemployment, Vice President | 45 Comments
Recently, Vice President Biden reported that the Stimulus Program had created a huge number of jobs. If you have 41 minutes to spend to watch him - what the hell is the matter with you?? Oh, no wait - sorry. Ahem. I meant to say, if you have the time, you [...]
By Rabble Rouser Reverend Amy on Oct 16, 2009 in ABC News, Afghanistan, Bamboozling, Campaign promises, Congress (House & Senate), Current Affairs, David Axelrod, Depression, Economy, Flip Flopping, Foreign Policy, Fox News, Governance, Harry Reid, Health Care, Hoodwinking, Housing & Housing Crisis, Insurance Policies & Industry, Iran, Iraq, President Barack Obama, Rahm Emanuel, Secretary of State Hillary Clinton, Speaker Nancy Pelosi, Unemployment, Unemployment/Jobs | 80 Comments
One just has to wonder what prompted the child in the video below to ask Obama the question he did. Maybe people in his household were decrying the lack of it, or maybe this child was picking up on the animosity in the air, or maybe he just wanted to share the good news [...]
By Larry Doyle on Oct 2, 2009 in Current Affairs, Economy, Sense on Cents (Larry Doyle blog), Unemployment, Unemployment/Jobs | 11 Comments
The widely anticipated October Unemployment Report covering the month of September was just released. Let’s dive right in and take a look at the numbers . . .
I. UNEMPLOYMENT RATE
July: 9.5%
August: 9.4%
September: 9.7%
- October Consensus Expectation: 9.8%
- October Actual: 9.8%
>> LD’s comments: as expected and only getting worse. The underemployment [...]
By Ani on Sep 9, 2009 in Arrogance, Bank Bailouts, Bill of Rights, Cult, Hoodwinking, Obama Administration, Obama's Broken Promises, Obama's Media Censorship, President Barack Obama, Unemployment | 141 Comments
Camille Paglia’s article in Salon, Too late for Obama to turn it around? is a scathing assessment which drips disappointment and dare I say it, a sense of betrayal. Most surprising is that eight months after Obama’s inauguration, this accomplished writer has arrived at the same place most of us were 18 months ago [...]
By Larry Doyle on Sep 4, 2009 in Economy, Employment, Sense on Cents (Larry Doyle blog), Unemployment, Unemployment/Jobs | 30 Comments
The widely anticipated September Unemployment Report covering the month of August was just released. Let’s dive right in and take a look at the numbers . . .
Unemployment Rate
June: 9.4%
July: 9.5%
August: 9.4%
September: 9.7%!!
>>LD’s comments: higher than the expectation of 9.5%. Recall that the rate moved down last month from 9.5% to 9.4% as the labor [...]
By Larry Doyle on Jul 14, 2009 in Current Affairs, Economy, Education, Employment, Sense on Cents (Larry Doyle blog), Unemployment | 20 Comments
Has there ever been a time when increased skills and education have not been vitally important to furthering one’s well being? As we move forward in developing our ‘new’ economy, education and advanced skills will be increasingly more important.
I would only wish that the dirty little secrets embedded in urban education were more widely disseminated [...]
By Linda Anselmi on Jul 10, 2009 in Current Affairs, Economy, Unemployment, Wall Street | 18 Comments
Being an avid gardener, I was heartened to hear earlier this year that so many economic landscape experts were predicting and hailing the advent of “green shoots” this spring. So I set out to patiently wait and watch for the first sign of those precious little sprouts of green. But none appeared.
The spring [...]
By Pat Racimora on Apr 24, 2009 in Crime, Unemployment | 36 Comments
As more and more people lose their jobs and become unable to pay their bills, will they start pilfering what they need or can sell? The answer isn’t a solid “absolutely,” but the evidence points to “probably.”
Whether people will engage in acts they know are wrong depends on several variables:
1. The [...]
By SusanUnPC on Apr 23, 2009 in American Consumers, Economy, Unemployment | 30 Comments
John McLaughlin has disturbing facts on unemployment. From his PBS show:
… Four-point-four million jobs have disappeared since this recession began 15 months ago. That’s about 10,000 job losses every day — an apocalyptic rate. The result was the highest unemployment rate in 25 years, now over 8 percent.
Some economists say the unemployment is a permanent [...]
By Uppity Woman on Apr 21, 2009 in Economy, Home Loan, Housing & Housing Crisis, Unemployment | 37 Comments
The word is, only 610,000 people filed for unemployment last week (a holiday week). That’s a drop from previous weeks.
Let’s all go out and buy a car.
Of course, let’s face it, the number would almost have to go down at this point, simply because there are fewer people left out there who are actually [...]
By SusanUnPC on Apr 8, 2009 in American Consumers, Auto Industry, Economic Stimulus, Economy, Michigan, Unemployment, Workers | 16 Comments
Of course, if you’re Rosily The Riveted ‘Bot Rachel Maddow, you optimistically title the segment, “Things Are Looking Up?.” Dear readers, please wade through the gushing over Obama’s visit to Iraq to get to Nobel Laureate Paul Krugman; it’s worth it because the economist and NYT columnist covers a lot of territory, including the Treasury [...]
By SusanUnPC on Apr 4, 2009 in Charitable Contributions, Economy, G20, Tax stimulus package, Unemployment, Workers | 34 Comments
This is a disturbing, important video about what Obama did to this nation on April 2nd, and I am COUNTING ON YOU to give us feedback. (While Mr. Morris is not one of my favorite persons - his obsession with dissecting the Clintons has marred his credibility at times - when he discusses other [...]
By Larry Doyle on Mar 25, 2009 in Banking Institutions, Economy, Global Finance, Obama Administration, Sense on Cents (Larry Doyle blog), Unemployment, Wall Street | 50 Comments
I will admit that I am not a student of the Great Depression, but I have started reviewing that period. Obviously I, like every American, hope our economy stabilizes and we regain our footing and return to prosperity. While the pragmatic optimist in me believes that can happen, the trader and risk manager in me [...]
By SusanUnPC on Mar 18, 2009 in Media, Unemployment | 17 Comments
Al Jazeera has launched a campaign to get viewers, around the world, to submit their stories via video for airing:
Al Jazeera wants to know how the financial crisis and soaring unemployment rates are affecting you. Have you recently lost your job or do you fear losing it? How is the economic crisis impacting you and [...]
By Larry Doyle on Mar 11, 2009 in American Consumers, Auto Industry, Bank Bailouts, Bank Nationalization, Banking Institutions, Barack Obama, Commerce, Current Affairs, Economic Stimulus, Economy, Education, Employment, Equity Markets, Obama Administration, Sense on Cents (Larry Doyle blog), Stimulus Plan, Unemployment, Wall Street, stimulus tax package | 7 Comments
I very much appreciate reading material written by people whom I perceive as having no agenda. I have tried to bring people like this (including Ray Dalio, Paul Keating, Bob Rodriguez, Steve Rehm, Kevin Doyle, Vaclav Klaus, and many others) to Sense on Cents because I firmly believe we all become more educated and informed [...]
By Pat Racimora on Mar 7, 2009 in Economy, Unemployment | 65 Comments
A professional woman in her 40s, whose small business has slowed to a bare trickle, whispered during our weekly coffee date that she was now getting most of her groceries from a food bank. She described how it felt to be in public, standing in a long line at a local church, and [...]
By Larry Doyle on Mar 6, 2009 in American Consumers, Commerce, Economy, Equity Markets, Sense on Cents (Larry Doyle blog), Unemployment, Wall Street | 79 Comments
The highly anticipated monthly unemployment report was just released. On the surface, the numbers may appear to be in line with expectations, but looking deeper into the numbers the report is actually worse than expected. Let’s dive into the numbers and comment on what they mean for our economy and markets.
The Unemployment Rate jumped from [...]
By Larry Doyle on Mar 2, 2009 in American Consumers, Banking Institutions, Commerce, Current Affairs, Deficit, Economic Stimulus, Economy, Employment, Equity Markets, Fannie Mae, Freddie Mac, Global Finance, Housing & Housing Crisis, Sense on Cents (Larry Doyle blog), Unemployment, Wall Street | 12 Comments
Warren Buffett’s annual letter to shareholders is always a highly anticipated event by market participants. Given the fact that Berkshire is effectively a diversified holdings company, Buffett has a unique perspective into a wide array of businesses. He also has the wisdom of investing over many years and through many challenging markets.
Well, if misery loves [...]
By Larry Doyle on Mar 1, 2009 in American Consumers, Banking Institutions, Barack Obama, Commerce, Congress (House & Senate), Current Affairs, Deficit, Democratic Party, Economic Stimulus, Economy, Employment, Equity Markets, Global Finance, Hedge Funds, Home Loan, Housing & Housing Crisis, Mortgage Crisis, Mortgages, Obama Administration, Real Estate, Republicans, Sense on Cents (Larry Doyle blog), Stimulus Plan, Unemployment, Wall Street | 13 Comments
Prior to going to the comments section of my son’s report card, human nature dictates that I first look at the grades. In that same vein, let’s see how the markets performed for the month of February:
Let’s review my specific projections from the January 2009 Recap:
By Larry Doyle on Feb 27, 2009 in American Consumers, Commerce, Current Affairs, Democratic Party, Economy, Employment, Equity Markets, Joe Biden, Mortgage Crisis, Real Estate, Unemployment, Wall Street | 65 Comments
Economic and budgetary analysis by their very nature often employ a “ceteris paribus” approach or similarly base line assumptions. Ceteris paribus, translated as “all other things being equal,” or base line assumptions are necessary given the fact that economic analysis has so many variables. Well, let me share with you that ceteris are NEVER paribus [...]
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