Cartoon: “What’s a Job?”

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Part-time America?

By Robert Romano Since the end of 2007, the amount of Americans working part-time has jumped 2.2 million, from 24.4 million to 26.6 million, even as the amount of people working has actually decreased by 286,000, according to the latest data compiled by the Bureau of Labor Statistics. As a result, the percentage of those employed working part-time has jumped […]

Retirees not the ones to worry about, it is young people

By Robert Romano The precipitous drop in the nation’s labor participation rate has fueled a debate amongst economic prognosticators about what it means for America’s economy.  Some, like the Philadelphia Federal Reserve’s Shigeru Fujita, say the rate is declining naturally due to our nation’s population aging and Baby Boomers hitting retirement age. Others, like this author, have pointed to the […]

Is this any way to treat the job creators?

By Marita Noon It’s no wonder that, as the New York Times (NYT) headline declared: “Growth in jobs slows sharply to 3-year low.” Addressing the Labor Department’s disappointing December Jobs Report, CNN Money’s headline states: “2013 ends with weakest job growth in years.” USA Today called it a “Big miss” and CNBC’s Jim Cramer sees the 74,000 gain in payrolls […]

Maybe the rent is too damn high

By Robert Romano Which is a bigger problem for the poor: Low incomes or the high cost of living? According to New York Times columnist and economist Paul Krugman, it’s low income. In a January 19 piece, “The undeserving rich,” Krugman writes, “for the past three decades and more the main obstacle facing the poor has been the lack of […]

Retirees are not the labor force exodus problem

By Robert Romano A version of this article appeared at Forbes.com. Since 2008, the civilian non-institutional population has jumped by 11.9 million, yet the civilian labor force has only increased by 1.1 million, according to annual figures published by the Bureau of Labor Statistics. The above numbers speak to a pronounced drop in labor force participation — that is, those […]

Jobs report reveals Obama failure

January 10, 2014, Fairfax, VA—Americans for Limited Government President Nathan Mehrens issued the following statement on December’s job numbers from the Bureau of Labor Statistics: “Another half a million people dropped out of the American labor force in December.  You can ignore every other statistic and spin coming out of this Administration about the job market, this is the only […]

Is it time to end long-term unemployment benefits?

By Robert Romano On Jan. 7, the U.S. Senate voted to proceed to legislation that would extend long-term unemployment benefits for another three months, at a cost of $6.4 billion to taxpayers. Supplying the votes necessary to help Senate Democrats get to the 60 vote threshold needed were six Senate Republicans: Kelly Ayotte (N.H.), Lisa Murkowski (Alaska), Susan Collins (Maine), […]

Obama’s income inequality problem

By Robert Romano (Correction: A previous version of this article cited an Obama speech on Jan. 7 being on CEO pay. It was actually on the proposed unemployment benefits extension.) So long as there is money, there will be an economy composed of relatively free individuals making individual decisions about how to spend their money. As a result of this […]

7 percent unemployment… happy days are here again, right?

By Nathan Mehrens Even with winter storms sweeping across the nation the economic news from Washington D.C. is coming up roses, with the U.S. economy creating more than 200,000 new jobs in November for the second straight month and the national unemployment rate dropping to 7 percent — a five-year low. “Happy days here again,” right? Let’s not get ahead […]

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