Unemployment


The Phony Job Recovery

By Ron Paul Ron Paul Institute August 8, 2016   The Phony Job Recovery   Last Friday saw the release of a bombshell jobs report, with headlines exclaiming that the US economy added over 250,000 jobs in July, far in excess of any forecasts. The reality was far more grim. Those “jobs” weren’t actually created […]

Ron Paul

Why The Jobs Report Is Not Nearly As Strong As You Are Being Told

Why The Jobs Report Is Not Nearly As Strong As You Are Being Told

By Michael Snyder Economic Collapse Blog August 8, 2016   Why The Jobs Report Is Not Nearly As Strong As You Are Being Told     Happy days are here again? On Friday, the mainstream media was buzzing with the news that the U.S. economy had added 255,000 jobs during the month of July. But […]


Another Phony Jobs Report

By Dr. Paul Craig Roberts Paul Craig Roberts.org August 6, 2016   Another Phony Jobs Report   As John Williams has made clear, the monthly payroll jobs number consists mainly of an add-on factor of 200,000 jobs. These jobs are a product of the assumption in the Birth-Death Model that new business ventures create more […]

Dr. Paul Craig Roberts

The U.S. Has Lost 195,000 Good Paying Energy Industry Jobs

The U.S. Has Lost 195,000 Good Paying Energy Industry Jobs

By Michael Snyder Economic Collapse Blog August 5, 2016   The U.S. Has Lost 195,000 Good Paying Energy Industry Jobs     Not all jobs are created equal.  There is a world of difference between a $100,000 a year energy industry job and a $10 an hour job running a cash register at Wal-Mart.  You […]


The Arrogant Elite

By Walter E. Williams LewRockwell.com June 8, 2016   The Arrogant Elite     A basic economic premise holds that when the price of something rises, people seek to economize on its use. They seek substitutes for that which has risen in price. Recent years have seen proposals for an increase in the federal minimum […]

Walter E. Williams

The Keynesians Stole The Jobs

By Ron Paul Ron Paul Institute June 7, 2016 The Keynesians Stole The Jobs   Late last week the markets were shocked by a surprisingly bad May jobs report – the worst monthly report in nearly six years. The experts expected the US economy to add 160,000 jobs in May, but it turns out only […]

Ron Paul

Employment Lies ~ Paul Craig Roberts

By Dr. Paul Craig Roberts Paul Craig Roberts.org June 3, 2016   Employment Lies     June 3, 2016. Today the Bureau of Labor Statistics announced that the US economy only created 38,000 new jobs in May and revised down by 59,000 jobs the previously reported gains in March and April. Yet the BLS reported […]

Dr. Paul Craig Roberts

In 1 Out Of Every 5 American Families, Nobody Has A Job

In 1 Out Of Every 5 American Families, Nobody Has A Job

By Michael Snyder Economic Collapse Blog April 25, 2016   In 1 Out Of Every 5 American Families, Nobody Has A Job     If nobody is working in one out of every five U.S. families, then how in the world can the unemployment rate be close to 5 percent as the Obama administration keeps […]


Jobs Report Blues

By Dr. Paul Craig Roberts Paul Craig Roberts.org April 4, 2016   Jobs Report Blues   On Friday the Bureau of Labor Statistics reported that there were 215,000 new jobs in March. John Williams of ShadowStats.com reports that these “new jobs” result from the the Birth-Death model that “artificially inflates headline month-to-month payroll gains with […]

Dr. Paul Craig Roberts

23 Percent Of Americans In Their Prime Working Years Are Unemployed

23 Percent Of Americans In Their Prime Working Years Are Unemployed

By Michael Snyder Economic Collapse Blog March 27, 2016   23 Percent Of Americans In Their Prime Working Years Are Unemployed     Did you know that when you take the number of working age Americans that are officially unemployed (8.2 million) and add that number to the number of working age Americans that are […]


Another Phony Jobs Report

By Dr. Paul Craig Roberts Paul Craig Roberts.org March 7, 2016   Another Phony Jobs Report And if true it is damning The monthly payroll jobs reports have become a bad joke. No growth in real retail sales, but 55,000 retail trade new jobs in February. No growth in real consumer income, but 40,000 more waitresses […]

Dr. Paul Craig Roberts