On Friday the Bureau of Labor Statistics released the unemployment report for February. 236,000 jobs were created and unemployment fell to 7.7% (a .2% decrease from January). This is good news for the slowly recovering economy … we think. One aspect that contributed to the lower unemployment rate was a rise in discouraged workers. These … Continue reading
Tag Archives: jobs
Natural Resource Potential in North America
On Tuesday February 5th, the House Energy and Commerce subcommittee began a series of congressional hearings called “American Energy and Security and Innovation.” This particular hearing was a discussion over the natural resources available in North America. There is a wide spread perception that our nation’s resources are scarce to say the least, however technological … Continue reading
A Comparison: Reagan, Obama & Jobs
A myriad of articles have been written on how the presidential election of 2012 should garner a stringent comparison to that of the 1980 presidential election. I agree. During both presidential elections the United States economy was and is hurting. But, the focus of this article is: how did the presidents perform after they won … Continue reading
Demonizing Multinationals: How President Obama Avoids a Policy Discussion and Prevents America From Moving Forward
In demonizing Bain for outsourcing, President Obama is implicitly criticizing the act of outsourcing itself without the facts to back himself up. Of the 598 American companies on Forbes world’s largest firms list, only 15 percent publically report their foreign employment numbers. While President Obama’s blind attacks on this legal right are clearly groundless, the … Continue reading
BLS Reports Slower Job Growth Last Month
Payroll employment rose by 120,000 jobs in March with the unemployment rate falling slightly to 8.2 percent, according to the report released today by the Bureau of Labor Statistics. Growth is always good news, but a look behind the numbers shows that this kind of growth is mediocre at best. Despite the slight increase in … Continue reading
Tax and entitlement reform overshadowed by credit-taking, blame games, and job report
Following a jobs report released this morning showing the unemployment rate dropped from 8.5 to 8.3 percent last month, the President emphasized his plan to keep the economy growing at a fire station in Arlington, Virginia. “The economy is growing stronger. The recovery is speeding up. And we’ve got to do everything in our power … Continue reading