November 2012 Unemployment Rate Falls To Lowest Level In 4 Years With No Higher Taxes On The Rich: The economy is showing more signs of life. Despite the looming fiscal cliff and the continuing threat on small business owners and families making $250,000, the U.S. economy keeps growing. The unemployment rate fell from 7.9 to…
Initial Jobless Claims For Week Of December 1, 2012 Stronger Than Expected – The Economy Vs. The Fiscal Cliff: U.S. initial jobless claims decreased by more than expected for the week ended December 1. The Labor Department said today, jobless claims fell by 25,000 to 370,000. Most economists were expecting jobless claims between 380,000 and…
Unemployment Rate Falls To 7.8 Percent With A Mere 114,000 New Jobs Added: …as predicted….. Here was our prediction about the September 2012 non-farm payrolls report. We believed the unemployment rate could shift lower and expected an increase of 100,000 jobs +-25,000. (Monthly unemployment numbers have large standard errors.) “Labor participation rates will be…
Durable Goods Orders Fall By Most In 3-1/2 Years, 2Q12 GDP Revised Down, Jobless Claims Lower: Orders for durable goods, manufacturing goods intended to last at least 3 years or more, fell due to the increasingly sluggish U.S. economy. New orders for durable goods dropped by the largest amount in three and a half years…
Initial Jobless Claims For The Week Ended September 15, 2012 Remain Steady At 382,000: Initial jobless claims fell slightly today but not below average economist’s expectations. The extended levels of high unemployment keep dragging the economy into a tailspin and the data trends aren’t turning around. Initial jobless claims for unemployment declined by 3,000 to…
