the unemployment statistics for october at the state level were released today and as it turns out california lost the thirdmost jobs in the nation at 26400. only washington and florida lost more. this puts the unemployment rate in the state at 8.2 . this is a 2.5 increase from one year ago the largest yearoveryear increase since 1982 the last major recession....... [Show More]
between september and october employment fell by 7300 jobs. employment has now declined in pennsylvania for three consecutive months.
since december 2007 which is my current best guess as to the likely start date of the recession pennsylvania has now shed 24300 jobs.
in the most recent month most of the job losses were in two sectors manufacturing down 4000 jobs and trade...... [Show More]
big supplies Post Source: corncommentary.com Posted: Nov 21 2008 17:50:40
what a difference a few months can make.
earlier this year the whole focus was on commodity shortages not enough wheat smaller corn carryout. now all of the sudden we are hearing that there are big supplies of wheat and corn.
thats what reuters is reporting today. u.s. corn and wheat futures eased lower on friday extending heavy losses in the previous u.s...... [Show More]
the october consumer price index offers definitive proof that the food companies are sticking it to consumers even though prices for virtually everything else are down.
a report by the renewable fuels association this week notes that the excuse for these prices hikes given by big food companies does not pass the smell test. that is an understatement. it literally stinks to h...... [Show More]
while the national media rushes to declare mitch daniels king of the world those pesky folks over at the bureau of labor statistics have come along and rained on everyones parade. some findings from todays data dump at 6.4 indianas unemployment rate was up .2 from last month and is up 1.9 from this time last year. our seasonallyadjusted labor force dro...... [Show More]
seasonallyadjusted consumer prices fell by 0.5 between september and october. while less dramatic than the 1.0 drop in the us the sudden drop in canadian prices also raises the possibility of deflation.
the annual inflation rate declined from 3.4 in september to 2.6 in october well below the us rate of 3.7 in october. this pace could put canada on the cusp of defl...... [Show More]
construction accidents resulting in death have been more numerous lately. it may be a result of safety rules being ignoruddy due to tighter deadlines resulting from the economic conditions we find ourselves. it doesnt matter in what countries the workers work the risk of death wrongful death or being killed are prevalent in this high risk profession. people who come into contact with const...... [Show More]
nonfatal occupational injuries and illnesses requiring days away from work 2007
source bureau of labor statistics
both the rate and the number of nonfatal occupational injuries and illnesses requiring days away from work decreased from 2006 to 2007 according to the bureau of labor statistics u.s. department labor. the 2007 rate was 122 per 10000 fulltime workers a decrease of 4 perc...... [Show More]
there is a diversity of users of public transportation across all income age and occupational groups. characterizing public transportation as some kind of social assistance program for a few is at odds with the best available expenditure data.
a better characterization is that when offered public transportation is a viable and attractive transportation choice for us all conferring benefits ...... [Show More]
posted by andrew davis on libertarian party blog
it should go without saying that the libertarian party is philosophically and pragmatically opposed to any sort of bailout to corporations especially when theyve been run as poorly as american auto manufactures. but what are the economists saying about the auto bailouts ive compiled some snippets from various economists and pu...... [Show More]
if you havent read parts 14 of this series you will probably want to do that before reading this installment on understanding inflation.
hedonic adjustments even though the price went up 2000 the car still costs the same what
since 1999 the cpi index has been adjusted using hedonics which is a price adjustment for quality. hedonics adjusts the price of goods accounting...... [Show More]
numbers Post Source: www.wastedfood.com Posted: Nov 20 2008 15:40:09
our friends at the bureau of labor statistics bls just published their october 2008 data and its mixed news .
overall the consumer price index cpi was down 1 percent from september. good for pocketbooks but bad for the economy. one d word8211 deflat ion82 11has economists fretting about another8 211dep ression.
ok ok what about food looking a...... [Show More]
consumer prices dropped at the fastest rate in its 61 years of record keeping the labor department reported in its october consumer price report.
its closely watched consumer price index cpi dropped 1 in october higher than the 0.8 decline forecast.
the overall drop was heavily weighted by declining prices of energy 8.6 37 transportation 5.3...... [Show More]
tangible evidence of deflation the prices of commodities houses and a wide range of consumer goods have collapsed with observers predicting continued declines . while many point back to the great depression as an example of damaging deflation the recession of 19201921 a frequently overlooked period in economic history is perhaps the best example weve got of a deflation...... [Show More]
the threat of deflation Post Source: clivecrook.theatlantic.com Posted: Nov 20 2008 01:20:40
i attended the cato institutes annual monetary conference .
the feds vicechairman don kohn gave the keynote address and used
it to emphasize that the central bank would not let the economy fall
into a deflationary spiral speech krishna guhas report . the bls released inflation figures
for october showing a seasonally adjusted drop in the cpi of 1
percent...... [Show More]
serve the servants Post Source: feedproxy.google.com Posted: Nov 19 2008 22:52:00
if ever you wanted to see the inner workings of an unfocused mind particularly one plugged into the zeitgeist of the countrys momentarily dominant political ethos you could do worse than reading the output of californias most overrated columnist the l.a. times steve lopez. here lopez makes the following assertions about national service apparently without irony f...... [Show More]
earlier this morning the labor departments bureau of labor statistics released the consumer price index cpi for october 2008 predicted...... [Show More]
the consumer price index fell 1 percent month on month in october according to labor . falling consumer prices if they continue worsen new yorks fiscal position.
it would be comforting to say that one month isnt a trend except for these photos of hundreds of germanmade cars awaiting transport from the ship straight to the warehouse isnt an indicator of higher demand ...... [Show More]
more data to chew on Post Source: feeds.feedburner.com Posted: Nov 19 2008 14:30:00
good morning. stock futures indicate a lower open today as u.s. ceos urge at least 300 billion in stimulus and concerns continue that no bailout of the auto manufacturers will doom the economy. markets overseas were again under pressure.
turning to this mornings economic data the consumer price index cpi fell a more than expected 1 housing starts decline...... [Show More]
global auto woes continue. u.s. auto executives pleaded for a 25b aid package at congressional hearings yesterday. this is about much more than detroit testified general motors gm ceo rick wagoner. its about saving the u.s. economy from a catastrophic collapse. lawmakers were less than enthused by the pleas with some saying the automakers had fa...... [Show More]
when i was growing up in peru back in the day there was a very popular radio commercial that i would hear every day on my way to school. it was from an insurance company and it went something like this it is better to have insurance and not needing it than to need insurance and not having it . it must have really worked because they aired it for years.
i cant help to remember th...... [Show More]
111576422950 Post Source: ourownsystem.com Posted: Nov 19 2008 05:02:12
new ideas are always good.a the health care reform debate often rehashes ideas from bygone plans maybe with a new twist on an idea for a change in semantics not a bad thing since the ideas have been more fully vetted.a however unique ideas are always more fun to consider.a consider this one from dr. benjamin brewers wall street journal column last week
looking at the way...... [Show More]
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