The whole situation with the so-called "jobless claims" is exactly what we've been predicting on this program. The drive-by media won't tell you this, but the REAL story behind these numbers is a perfect example of what's wrong in America today. The Labor Department admitted that unemployment claims jumped by 18,000 last week. That's right, my friends, 241,000 Americans … [Read more...] about Did U.S. Unemployment Claims Jump Past Forecasts?
U.S. Economy
US Economy Shows Stability in Latest Fed Report
The Federal Reserve, that bastion of economic wisdom that the left seems to think can magically fix everything with the wave of an interest rate wand, just released its latest Beige Book. And let me lay out the facts here: prices are up, economic activity is stagnant, and employment hasn't budged since March. But the real kicker? The pervasive uncertainty surrounding … [Read more...] about US Economy Shows Stability in Latest Fed Report
Inflation Holds at 2.5%—What It Means for Your Wallet
The Personal Consumption Expenditures Index (PCE) increased by 0.3% in February, after a 0.3% increase in January that was not revised. The PCE price index was expected to rise by 0.3%. The Bureau of Economic Analysis of the Commerce Department said that prices rose 2.5% in the year to February, matching the rise of January. After a 0.3% increase in January, the PCE index … [Read more...] about Inflation Holds at 2.5%—What It Means for Your Wallet
FAA Ramping Up Hiring—2,000 Air Traffic Controller Jobs Open This Year!
In written testimony that will be presented to a U.S. Senate committee on Thursday, acting Federal Aviation Administration administrator David A. Smith said the agency plans to hire 2,000 trainee air traffic controllers this year. In written testimony, acting FAA Administrator Chris Rocheleau stated that the agency would also create a panel "to identify additional hazards … [Read more...] about FAA Ramping Up Hiring—2,000 Air Traffic Controller Jobs Open This Year!
Hiring Slumps: U.S. Adds 151K Jobs as Unemployment Climbs to 4.1%
U.S. employers created a solid 151,000 new jobs in the last month. However, the outlook remains cloudy as Donald Trump threatens a global trade war and purges federal employees. The Labor Department announced Friday an increase in hiring from the revised figure of 125,000 for January. The rate of unemployment rose to 4.1%. The job market has remained resilient despite the … [Read more...] about Hiring Slumps: U.S. Adds 151K Jobs as Unemployment Climbs to 4.1%