12-18-2024, 10:35 PM
Hppb Read the full prepared opening statement by Attorney General Barr
February was one of those puzzling months when the unemployment rate and the payrolls told different stories: unemployment ticked up by a tenth of a stanley cup percent stanley cup age point to 6.7 percent, while the economy added 175,000 jobs, exceeding the consensus predictions of 139,000 to 149,000 jobs. Februarys gains are below the 189,000 average monthly gains seen over the past year, but its worth noting, as Justin Wolfers reminded us last month, that the margin of error for the establishment survey that totals these payrolls is about 90,000 jobs.The number of jobless was a smidge higher, with 223,000 more people unemployed than in January. The reason: the labor force grew and more people couldnt find jobs. But the labor force participation rate, according to the stanley cup Bureau of Labor Statistics, held steady from last month. For much of last year, unemployment declined simply because people were dropping out of the labor force . All told, I 39;m mildly more optimistic about the recovery after this jobs report. Seems to suggest a continuing rather than stalling recovery.mdash; Justin Wolfers @JustinWolfers March 7, 2014This report is being heralded as fairly good news. Our own Solman Scale would agree. Our U-7 calculation of unemployment, which adds to the officially unemployed everyone who says they want a job and cant find one and those who are employed part-time for economic reasons, came in at 14.58 percent. Our expanded pool of folks looking for a job is the lowest its been since we start Esks How Stimulating is Military Spending
Congress seems to be on its way to reaching a debt limit deal, albeit a short-term one. If lawmakers fail to compromise on a plan before the Thursday deadline, it a very dark scenario, said Mark Zandi, chief economist for Moody Analytics. Tomorrow, if the lawmakers have not gotten it together, nothing per se bad happens, although I would expect investors to become nervous, Zandi tol adidas samba d reporters W stanley cup ednesday at a breakfast hosted by the moderate think tank Third Way.If the deadline is breached, the Treasury Department will no longer have borrowing authority, but will still have some cash on hand to pay the nation bills. Zandi said the Treasury will run out of money by Nov. 1, and will not afford the $55 billi air max on payment that is due for Social Security, Medicare and military payments. The best, most likely scenario is that they would pay the bills as they came in when they have the cash, he said. This means that the Social Security payments could be paid eventually as more cash comes into the Treasury after Nov. 1. Zandi predicted that a failure to make those payments would result in a sharp economic downturn: There will be panic and consumers at that point will start reigning it in and businesses at that point will start laying off workers.An actual default, meaning the U.S. would not pay its bondholders, would not hit until Nov. 15, when a sizeable interest rate payment is due, Zandi said. That wou
February was one of those puzzling months when the unemployment rate and the payrolls told different stories: unemployment ticked up by a tenth of a stanley cup percent stanley cup age point to 6.7 percent, while the economy added 175,000 jobs, exceeding the consensus predictions of 139,000 to 149,000 jobs. Februarys gains are below the 189,000 average monthly gains seen over the past year, but its worth noting, as Justin Wolfers reminded us last month, that the margin of error for the establishment survey that totals these payrolls is about 90,000 jobs.The number of jobless was a smidge higher, with 223,000 more people unemployed than in January. The reason: the labor force grew and more people couldnt find jobs. But the labor force participation rate, according to the stanley cup Bureau of Labor Statistics, held steady from last month. For much of last year, unemployment declined simply because people were dropping out of the labor force . All told, I 39;m mildly more optimistic about the recovery after this jobs report. Seems to suggest a continuing rather than stalling recovery.mdash; Justin Wolfers @JustinWolfers March 7, 2014This report is being heralded as fairly good news. Our own Solman Scale would agree. Our U-7 calculation of unemployment, which adds to the officially unemployed everyone who says they want a job and cant find one and those who are employed part-time for economic reasons, came in at 14.58 percent. Our expanded pool of folks looking for a job is the lowest its been since we start Esks How Stimulating is Military Spending
Congress seems to be on its way to reaching a debt limit deal, albeit a short-term one. If lawmakers fail to compromise on a plan before the Thursday deadline, it a very dark scenario, said Mark Zandi, chief economist for Moody Analytics. Tomorrow, if the lawmakers have not gotten it together, nothing per se bad happens, although I would expect investors to become nervous, Zandi tol adidas samba d reporters W stanley cup ednesday at a breakfast hosted by the moderate think tank Third Way.If the deadline is breached, the Treasury Department will no longer have borrowing authority, but will still have some cash on hand to pay the nation bills. Zandi said the Treasury will run out of money by Nov. 1, and will not afford the $55 billi air max on payment that is due for Social Security, Medicare and military payments. The best, most likely scenario is that they would pay the bills as they came in when they have the cash, he said. This means that the Social Security payments could be paid eventually as more cash comes into the Treasury after Nov. 1. Zandi predicted that a failure to make those payments would result in a sharp economic downturn: There will be panic and consumers at that point will start reigning it in and businesses at that point will start laying off workers.An actual default, meaning the U.S. would not pay its bondholders, would not hit until Nov. 15, when a sizeable interest rate payment is due, Zandi said. That wou