Real unemployment rate rises to 11.01 percent, underemployed to 17.6 percent

By Bill Wilson — Once again, the civilian labor force participation rate has declined, from 64 percent to 63.7 percent in a single month. Since January 2009, it has declined from 65.7 percent, resulting in approximately 4.7 million people no longer being counted towards the unemployment rate. If they were included, the real rate of unemployed working age adults would [...]

03.02.2012 in Economy, Featured, Jobs/Unemployment, Politics by Bill Wilson 1

Time to end unemployment benefits

By Bill Wilson — Today’s announcement by the Bureau of Labor Statistics that approximately 240,000 jobs were created by the engine of the U.S. economy, America’s private sector businesses and entrepreneurs.  These job creators are moving forward because they trust that the Republican led House of Representatives will stop Obama’s threatened tax increases that would suck the very money that [...]

06.01.2012 in Economy, Featured, Jobs/Unemployment, Politics by Bill Wilson 28

Obama’s lost labor force

By Bill Wilson — Since Barack Obama assumed office, according to the Bureau of Labor Statistics, the total population over age 16 has grown by 5.845 million to 240.5 million, and yet, since then, the civilian labor force has actually shrunk by 349,000 — from about 154.2 million to 153.8 million. This is a startling contradiction, and it is at [...]

Unemployment: 8.5%

The unemployment rate fell to 8.5% in December. However, this number fails to convey an accurate mage of what the unemployment rate truly is. Since January of 2009, when Obama became President, participation int he labor force has dropped 1.7%! As Americans for Limited Government President Bill Wilson put it, “The private sector is rebounding in spite of the various [...]

State Legislatures Take on “Judicial Hellholes” that Undermine Business

By Kevin Mooney — Some state legislatures are taking a stand against abusive litigation practices that drive up costs for consumers and discourage business, according to a new report from the American Tort Reform Foundation (ATRF). Even as it identified “judicial hellholes” where judges apply the law against defendants in a manner that is considered unfair and unbalanced, ATRF called [...]

02.12.2011 in Economy, Jobs/Unemployment, Politics by Bill Wilson 1

Unemployment rate no longer valid economic indicator

By Bill Wilson — Obama’s Labor Department report on the unemployment rate no longer passes the smell test as an accurate indicator of economic activity.  The fact that the rate dropped almost half a percentage point to 8.6 in spite of the fact that the economy created fewer jobs than is necessary to meet the needs of Americans entering the [...]

Energy Innovations in Louisiana Could Guide Policy Changes in the Northeast

By Kevin Mooney — Manufacturing jobs are coming back to Louisiana thanks to innovations in the energy industry that pressure groups in the northeast are attempting to block. The substantial deposits of natural gas that are now available could create about 35,000 jobs in the state as key industries mobilize to exploit these resources, according to the American Chemical Council [...]

Support the Jobs through Growth Act

Americans for Limited Government (ALG), the parent organization of this website, endorsed the Jobs through Growth Act as “a good start toward tackling some of the root causes of our nation’s economic stagnation.” This legislation was proposed by the House Republican Study Committee (RSC). The bill focuses on lower taxes, less rgeulation, and opening up the development of our nation’s [...]

07.11.2011 in Economy, Jobs/Unemployment, Politics by Rick Manning 1

Population grows faster than economy and jobs

By Rick Manning — 125,000 jobs created. That’s how many new jobs our economy needs to create each month just to keep up with the normal growth of the population. That’s why President Clinton Labor Secretary Robert Reich termed the October unemployment numbers, “I wish there were light at the end of this long jobless tunnel but there’s not very [...]

Unemployment for October: 9.0%

DEVELOPING… The unemployment rate improved slightly in October to 9.0%. Only 80,000 jobs were added, far below the 100,000 that Department of Labor officials had hoped for.

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