Tag Archive for "Economy"March 8, 2013
During February, while talk about how the government was going to cut $85 billion in spending on March 1 got blanket coverage from every outlet that provides political or economic news, employers chose to add 236,000 workers to their payrolls.
Continue Reading “More Sequester Please: 236,000 Jobs Added In February” »
Less than a week after mandatory minor spending cuts brought a tiny little dose of fiscal sanity to Washington, the Dow Jones Industrial Average has leaped to an all-time high.
Pandora has announced that they will begin imposing a 40 hour free monthly mobile listening limit on users of their free music streaming service due to rising royalty costs for the music.
388,000 people filed initial claims for unemployment benefits last week, a massive 46,000 increase over the previous week’s report that brings the measure to its highest level in four months.
The faltering economy created by Barack Obama’s failed policies grew at a dismal annualized rate of 1.3% in the second quarter of 2012, which is a downward revision from the pathetic 1.7% the government had previously predicted.
Weekly jobless claims spiked to 382,000 last week from an upwardly adjusted 367,000 the week before, topping analyst expectations by 12,000.
Failed President Barack Obama has become fond of saying that 4.5 million jobs have been created during his disasterous Presidency. It’s a line that was parroted dozens of times during the first night of the televised clown parade otherwise known as the 2012 Democrat Convention.
The Unemployment Rate under Barack Obama’s dismal economy rose to 8.3% in July, marking Obama’s 41st month of Unemployment over 8%.
Barack Obama’s stagnant economy saw first-time jobless claims rise again, up to 365,000 last week.