Unemployment


The Fraud Of Full Employment

By Against Crony Capitalism September 5, 2016   The Fraud Of Full Employment     The official unemployment rate is a baloney number. It doesn’t actually measure all of the unemployed. Those who are no longer eligible for unemployment benefits are simply treated as if they no longer exist for instance. This is millions of […]

The Fraud Of Full Employment

Dr. Paul Craig Roberts

How Long Can Economic Reality Be Ignored?

By Dr. Paul Craig Roberts Paul Craig Roberts.org August 10, 2016   How Long Can Economic Reality Be Ignored?   Trump and Hitlery have come out with the obligatory “economic plans.” Neither them nor their advisors, have any idea about what really needs to be done, but this is of no concern to the media. […]


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 […]


What Can Discrimination Explain?

By Walter E. Williams LewRockwell.com July 28, 2016   What Can Discrimination Explain?   A guiding principle for physicians is primum non nocere, the Latin expression for “first, do no harm.” In order not to do harm, whether it’s with medicine or with public policy, the first order of business is accurate diagnostics. Racial discrimination […]

Walter E. Williams

Walter E. Williams

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 […]


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

Lobbyists struggle with Trump reality

By Against Crony Capitalism May 6, 2016   Lobbyists struggle with Trump reality     Like we said earlier today Washington is going a little bit nuts. (It’s completely nuts already, but nuts in a more clinical way.) Trump is forcing some Republicans to find religion. Other Republicans are girding themselves for the Cleveland convention […]

Lobbyists struggle with Trump reality

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 […]

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

Negative Rates Will Kill Growth

April Fools in March

By Peter Schiff Euro Pacific Capital April 4, 2016   April Fools in March   It may be almost impossible to underestimate the gullibility of professional Fed watchers. At least Lucy van Pelt needed to place an actual football on the ground to fool poor Charlie Brown. But in today’s high stakes game of Federal […]


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 […]

23 Percent Of Americans In Their Prime Working Years Are Unemployed