The alarming growth of the U.S. Federal Government debt over the past several years is being accompanied by the unsustainable levels of private debt due to the sub-par real growth rate for the last several years. In respect to this dismal...
In the month of May 2016, the employment situation continued its spring swoon with 664,000 people leaving the labor force. Over the last two months, 1,226,000 people left the labor force. In the six months prior, from October 2015 through February...
June 2015 employment statistics state that we experienced an increase in the Civilian Non-institutional Population (CNP) of 208,000 (those people 16+ who are not in the military, prison, or counted in some other institutionalized setting) while the...
According to the April 3, 2015 Bureau of Labor Statistics survey: “Total nonfarm payroll employment rose by 126,000 in March, and the unemployment rate remained unchanged at 5.5 percent, the U.S. Bureau of Labor Statistics reported today. Employment...
The foreign exchange markets are beginning to look like a battlefield wherein a war of competitive depreciation involving a number of national and regional currencies is occurring. Can a Smoot-Hawley type tariff war be far behind? Perhaps it has...
It is easy to criticize those who are supposed to be able to change economic behavior. Monetary policy making is no exception. Such authorities can and have made mistakes. But impotence in changing the economic behavior of a large economy is not the...
The Twentieth Century should have taught the World a lesson. Fascism, whether of the Nazi stripe in Germany or other varieties such as that of Italy, failed miserably. Socialism, especially of the communist variety, ran a dead heat with Fascism for...
In the most recent monthly data published by US Department of Labor, Bureau of Labor Statistics, Payroll Employment rose by 175,000 and 42,000 in the Establishment and Household Surveys, respectively. The Establishment Survey gathers its data from...
