Defying expectations, the national economy added 117,000 jobs in July. Figures for May and June were revised upward to add 56,000 jobs to those two months’ totals, and the overall unemployment rate fell back to 9.1 percent, from 9.2.
us economy
They Feel Your Pain: Florida Legislature Home to 51 Millionaires
Millionaires make up almost half of the 40-member Florida Senate and nearly one-third of the 120-member Florida House. Legislators are paid $29,697 a year, with presiding officers making $41,181 a year.
Unemployment Rises Again, to 9.2%, as Job Creation Disappears and Recession Looms
More bad news for the Obama administration as job creation in June fell to a statistically insignificant 18,000 and the unemployment rate rose again, raising fears of another recession ahead.
Job Creation in Big Stall, Unemployment Back Up to 9.1%, Recovery in Doubt
The economy added just 54,000 jobs in May and totals for the two previous months were revised downward by 39,000 in the latest sign that the economic outlook is worsening again.
Economy Adds 244,000 Jobs, an Unexpected Surge, But Unemployment Back Up to 9%
The 244,000 net new jobs defied economists’ expectations of a much weaker April, but the unemployment rate, obtained from a separate survey, rose for the first time in five months.
Stereotype This: “Lazy Mexicans” And Other Insolvent Myths of American Superiority
As it turns out Mexicans are not only harder workers than Americans. They are the hardest workers in the industrialized world, while smugness, selfishness and the pursuit of inequality are becoming American brands.
At 14.5%, Flagler Unemployment Drops to Lowest Level in 2 Years, Florida’s at 11.1%
The unemployment rate locally and statewide appears to be trending downward consistently and finally following the national trend, which has been improving for most of the past year.
March Unemployment Falls to 8.8% as Improving Economy Adds 216,000 Jobs
March unemployment: Almost 1 million net new jobs have been created since October 2010, most of them powered by the private sector, as the economy continues to improve.
Flagler Unemployment Drops to 14.9%, Lowest Since May 2009; Florida Improves to 11.5%
While Flagler County is still at the top of the unemployment chart in the state, improvements suggest that job creation is finally reaching Florida, which added 22,000 net jobs. Flagler’s employed grew by 360.
Economy Adds 192,000 Jobs, Unemployment Dips to 8.9%, Best in 2 Years
The U.S. economy added 192,000 jobs in February, the strongest private-sector job gain in two years, and the unemployment rate fell below 9 percent for the first time since April 2009, when it was at 8.9 percent and rising.
Florida to Jobless: Tough Luck.
Benefits To be Cut. Businesses To Get a Bye.
Driven by Florida businesses, the Legislature is preparing to cut eligibility for the jobless and making it harder to claim benefits. Flagler’s unemployment rate is hovering around 16%, Florida’s around 12%.
A Confederacy of Bipartisan Dunces
Obama’s deal with a minority of Republicans over extending tax cuts and adding $900 billion to the national debt is the latest in three decades of bipartisan collusion between Washington and the myth of American power.
U.S. Sen. Bernie Sanders’ 8-hr 38mn Speech on Obama’s Deal With the GOP
On Dec. 10, U.S. Sen. Bernie Sanders, the Vermont Independent, held the floor of the Senate for eight hours and 38 minutes in a remarkable filibuster-like speech opposing Obama’s tax deal with the GOP. Here’s the full speech.
US Unemployment Rises to 9.8% as Job Creation Again Declines to Just 39,000
Temporary workers lost jobs in droves and the previous month’s stronger job gains did not hold up, sending the unemployment rate to its highest level since last December. GOP lawmakers continue blocking extensions of unemployment benefits.
The Anti-Black Friday: In Flagler Beach, Small Business Saturday Rings Up Authenticity
Carol Fisher isn’t interested in the madness of Black Friday. In a column, she invites you to experience the more authentically American tradition of small, heartbeat businesses that are the life transfusions of local economies.
The Live Wire, Sept. 29: Apologias from Kent Sharples, Alan Grayson and Socrates
Bush and Cardinal Newman has nothing on Kent Sharples, Alan Grayson and Marco Rubio slither, consumer confidence tanks, the Florida tea party is attacking judges, and more.
Unemployment Spikes in Flagler Back to Near Record at 16.4%; Florida’s Back Up to 11.7%
Flagler County’s unemployment spike is one of the steepest month-over-month rises since the recession began in 2008. Florida may already be in a double-dip recession.
Tanking GDP: When No One Wants to
Admit to Double-Dipping
The latest figures darken a picture already gloomy with collapsing home sales and persistently high unemployment. Deflation may be next.
Unemployment Resumes Climb in Flagler and Florida as Economy Fails to Strengthen
Flagler County’s unemployment rate went up to 15.6 percent (from 15.4 percent), and Florida’s went up to 11.5 percent, raising fears of a double-dip recession.
US Economy Loses 131,000 Jobs, Unemployment Rate Stalls at 9.5%
The economy is losing far more jobs than it is adding as more temporary census workers lose work.
Flagler and Volusia Unemployment Rising Again, Florida’s Dipping for 3rd Month
Flagler’s 15.4 percent unemployment rate makes it the second-worst in the state after Hendry County’s 16.1 percent.
Double-Dip: US Economy Loses 125,000 Jobs Even as Unemployment Rate Drops to 9.5%
With census jobs vanishing, so is job creation as the US economy in June appeared headed for a double-dip recession.
Job Creation Soars by 431,000, Almost All Census-Driven; Unemployment Down to 9.7%
Despite the surge in employment, signs are grim for sustained job recovery as private-sector and construction jobs lag.
Socialism, Capitalism, and Other Fallen Stock
We can rail about socialism’s evil and worship capitalism all we like. It won’t get us out of the hole we spent the last 30 years digging. History and Adam Smith are better guides.
Job Creation Soars by 290,000,
Unemployment at 9.9%
Job creation improved by the largest margin in four years in May, solidifying gains of 559,000 jobs in the past three months.