September 16, 2020
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Tag: Unemployment

The Start of Something Big?

THE FEBRUARY LABOR REPORT FROM DEPARTMENT OF LABOR, BUREAU OF LABOR STATISTICS, JUST CAME OUT…GOOD NEWS In sifting through the EMPLOYMENT SITUATION – FEBRUARY 2017, several things pop out at you. First, you’ll notice that the Bureau of Labor...

It Only Works in the Short Term

I remember having a discussion with an old friend of mine some twenty years ago. We were talking about the outsourcing trend that had developed in the United States in the 1990s. A lot of jobs were going overseas from call centers, parts production...

Our Collapsing Labor Participation Rate

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...

Overcoming Inner-City Poverty and Unrest

Politicians and community activists often claim that the solution to inner-city poverty and unrest is to increase educational and employment opportunities. This notion may get headlines and votes, but it ignores a number of realities. The following...

On The Labor Front

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...

A Falling Unemployment Rate Amidst A Lousy Jobs Report

A Falling Unemployment Rate Amidst A Lousy Jobs Report

When we first saw the August 2013 Employment Situation Report from the U.S. Department of Labor, Bureau of Labor Statistics, we were appalled at the numbers revealed on the Household Summary Table. Let’s walk through this quickly… The Civilian...

Remain Calm, All Is Well

Do you remember the words of Kevin Bacon from the last scene of Animal House? “Remain calm! All is well!” But is it? Let’s keep this as simple as possible and focus entirely on the Employment Status in the Household Survey and what it revealed (on a...