With the COVID-19 pandemic making inequalities worse, has the time come to make sure all interns are paid?
By Thomas Cooley and Peter Rupert The BLS announced that payroll employment rose by 49,000 in January. The added pandemic lockdowns over the past couple of...
A recession is a period marked by a decline in the overall economic activity. Generally, a country is said to be facing a recession if its...
The Australian dollar has started the trading week in positive territory. Currently, AUD/USD is trading at 0.7706, up 0.37% on the day. Business and consumer confidence...
Food production in the US is heavily concentrated in the hands of a small number of large agribusiness companies. That's been good for shareholders, but not...
The Japanese yen has started the trading week with slight losses. Currently, USD/JPY is trading at 105.61, down 0.21% on the day. Dollar pushes yen close...
That Mystical Monetary Theory Authored by Joakim Book via The American Institute for Economic Research, MMT, or Modern Monetary Theory, is on everyone’s lips – and...
Dollar Rises After Yellen Warns "Job Market Is Stalling" In Defense Of Biden Stimulus After Summers Slam The USDollar rose in early Asian trading against most...
Dollar Rises After Yellen Warns "Job Market Is Stalling" In Defense Of Biden's Massive Stimulus The USDollar rose in early Asian trading against most G-20 peers...
Why Are So Many Americans Stockpiling Guns, Silver, & Food Right Now? Authored by Michael Snyder via The Economic Collapse blog, We were told that 2021...
The good news, such that it might be, is that the BLS - using data from the Census Bureau - believes that the American population is...
The COVID-19 pandemic has inspired an outpouring of gratitude for essential workers, whose critical and often low-paid work has kept the country functioning. Millions of these...
The widely reported unemployment rate – currently 6.3% – doesn't fully reflect the reality of joblessness in the US economy.
The official unemployment rate was 6.3% in January—matching the maximum unemployment rate of the early 2000s downturn—and the official number of unemployed workers was 10.1 million,...
Jeoff Hall, Managing Economist, Refinitiv IFR Markets comments on monthly decreases: Q4 2020 hedge fund letters, conferences and more January Jobs Report Gets A C-Minus “We...
It seems that Larry Summers is worried that the stimulus proposed by President Biden is too large. I will say at the onset that he could...
A lively start to the year It’s been an surprisingly lively start to the year, with recent weeks being dominated by retail traders taking on hedge...
US stocks are shrugging off a disappointing non-farm payroll report that showed December was much worse and that January only saw a modest rebound in hiring.
Joe Biden’s election as president and his first economic proposal proved negative for gold prices, but the presidency might yet turn positive. Q4 2020 hedge fund...
Trump is the first president to leave office with a loss of jobs since Herbert Hoover. The unemployment rate fell by 0.4 percentage points in January...
The US dollar weakened against its currency peers to close out the trading following a disappointing January jobs report. The greenback, which has turned bullish to kick off 2021, took a breather as the broader...
Congress Reintroduces Bipartisan RESTAURANTS Act to Provide Long-term Relief to Restaurant and Bar Community Q4 2020 hedge fund letters, conferences and more Legislation Introduced Hours After...
January Payrolls Miss: Only 49K Jobs Added As Unemployment Rate Tumbles To 6.3%
The widely reported unemployment rate – currently 6.7% – doesn't fully reflect the reality of joblessness in the US economy.
Today we will know the important employment data of the United States, with the publication of the NFP and the unemployment rate from last month
Futures Hit All Time High, Oil Soars Ahead Of Jobs Report With overnight US equity futures rising for a 5th straight day, tracking global markets, the...
Everyone in Europe has long forgotten about what was going on there before COVID. First, an economy that had been stuck two years within a deflationary...
The first three posts on the state of the U.S. labor markets have covered:Continued Unemployment Claims (https://trueeconomics.blogspot.com/2021/02/4221-us-labor-markets-americas-scariest.html);Labor force participation rate and Employment-to-Population.
Peter Schiff: When Kashkari Talks, Smart People Buy Gold Via SchiffGold.com, Minneapolis Federal Reserve Bank President Neel Kashkari has been making the rounds. Peter Schiff talked...
In two prior posts, I covered two of America's Scariest Charts:Continued Unemployment Claims (https://trueeconomics.blogspot.com/2021/02/4221-us-labor-markets-americas-scariest.html) and Labor force participation rate and Employment-to-Population ratio..