The Real Numbers Are So Bad That It’s Almost Unbelievable!

| March 20, 2012

From the floor of The New York Stock Exchange, Art Cashin asks, who got the new jobs? The King Report’s assertion is that without seasonal adjustment, 2012 payroll numbers have actually fallen 1.8 million jobs instead of a gain as the government says (based on seasonal adjustments)…this is stunning.  And, making matters even worse, the Weekly Leading Indicator is now […]

The Real Picture Of Unemployment

| December 5, 2011

A picture is worth a thousand words, especially on this subject! Rutgers University Working Paper Categorizing the Unemployed by the Impact of the Recession By Dr. Cliff Zukin, Dr. Carl E. Van Horn, and Charley Stone In August 2009, the John J. Heldrich Center for Workforce Development at Rutgers, The State University of New Jersey […]

Food Stamp Line, Take A Number…The Line Starts Outside Around The Block, Accross The Street, Up The Hill, Under The Bridge And Around The Backside Of The Lake! Bathrooms Are Up Front, Take An Other Number…Good Luck, Expected Wait Time Is: 8 Hours…For The Bathrooms That Is

| August 31, 2011

A record 45.8 million people are now relying on the government’s food stamp program, up 12% from a year ago and up an astonishing 34% in only the last two years.

Coming Out Of The Eye (Calm) Of The Storm

| July 29, 2011

Economically speaking, things slow before they reverse.  That looks to be what we are doing currently.  Whether we slow down more next year, then go off a cliff, or skip that part and fall off the cliff in the next six months will probably be a moot point. The U.S government is broke and not hiring new workers for the first time in our lives. In addition they’re […]

A Different Way To Look At Unemployment

| July 8, 2011

So…….here we go with one of the very big problems in our economy.  The government continues to say that we’re in a recovery, but it’s really just a hallucination.  We”re being kind when we say that!  Draw your own conclusions. The number of people not in the labor force who want a job now surged to a fresh all time high […]

Job Wants And Average Duration Of Unemployment Have Both Hit New Highs

| June 3, 2011

So this is what the government proudly calls a recovery…..after spending trillions of borrowed dollars!  New all time records for the charts below.

U.S. Labor Department Said Unemployment Fell Below 9%…Liar, Liar, Pants On Fire

| March 4, 2011

The U.S. Labor Department said Friday….Nonfarm payrolls rose by 192,000 last month and unemployment fell below 9% for the first time in nearly two years….8.9% employment;   Gallup had a different take on this, we review it below. Adjustments to population has helped  keep number in order.   Labor force participation rate has not been moved.  Job gains […]

Indiana Posts Armed Guards At All State Unemployment Offices As 99-Week Jobless Benefits Start To Expire

| November 1, 2010

The new normal is not pleasant, and nobody wants to see this!   The overall cost for the Indiana security is $1 million, paid for with federal funds designated for administration of the unemployment system.  Indiana unemployment offices are starting to add armed security guards. The official explanation: “Armed security guards will be on hand at 36 […]

Swine Flu Spreading at ‘Unbelievable’ Rate: WHO…..This Could Take The Economies Of The World Down Faster Then Derivitives Did

| August 30, 2009

Swine Flu Spreading at ‘Unbelievable’ Rate: WHO PARIS — Swine flu spreads four times faster than other viruses and 40 percent of the fatalities are young adults in good health, the world’s top health official warned in an interview appearing Saturday. “This virus travels at an unbelievable, almost unheard of speed,” World Health Organisation Director […]

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