Yesterday I posted Private vs. public payrolls in Georgia since 2008 to Peach Pundit.
Tag: Employment
U.S. economy adds 163,000 jobs in July; unemployment up slightly to 8.3%; U-6 unemployment rises to 15.0%
The U.S. economy continues on a slow recovery. Given slowdowns in Europe and China and the long hangover from the housing bust, there’s very little prospect of a dramatically increased pace of recovery anytime soon.
Philadelphia Fed: 20 states with stagnant or weakening economies
In my City Talk column today, I give a quick summary of the health of the Savannah area economy here at the halfway point of 2012.
Nicholas Mangee: Fed is failing its dual mandate
Another great column from Armstrong economics professor Nicholas Mangee in the Savannah Morning News: Our economic times: Federal Reserve remains resistant on policy
U.S. economy adds 80,000 jobs in June; unemployment rate unchanged at 8.2%
A few blog updates . . .
New posts at Peach Pundit, a new tumblr page, still looking for advertisers, plus a little other information and a few links.
State-by-state economies show broad-based if uneven recovery continuing
There’s been some disappointing economic data flowing out in recent weeks, but it doesn’t look like we’re headed toward a recession — just more slow growth.
Updated Fed economic predictions guarantee another round of quantitative easing (QE3)
Today’s economic projections after the latest round of Fed meetings are, in a word, dismal. They show continued growth and continued declines in unemployment — i.e., no recession — but with a growth so slow that millions of Americans will remain un- or underemployed. Many Americans already have a tenuous hold on their standing in the middle class; millions more will fall out of it if the Fed doesn’t do more.
Georgia employment: less populous areas still losing jobs
At the end of my City Talk column today in the Savannah Morning News that begins with the Byrd Cookie Company’s new cafe, I mention the significant year-over-year decline in jobs in the Savannah metro area, which includes Chatham, Bryan,…
U.S. economy added just 69,000 jobs in May; unemployment rate at 8.2%; U-6 unemployment up sharply
The U.S. economy added a very disappointing 69,000 jobs in May, according to results of the monthly survey of payroll establishments released this morning by the Bureau of Labor Statistics.
Census: more than half of all Americans under age 1 are minorities
The U.S. Census Bureau today released a set of estimates showing that 50.4 percent of our nation’s population younger than age 1 were minorities as of July 1, 2011. This is up from 49.5 percent from the 2010 Census taken April 1, 2010.
WSJ: Unemployment rate would be 7.1% without government cuts
Like it or not, government jobs have traditionally been good, stable ones, and we have been used to those jobs expanding in number as the population grows.
What do these cuts look like in the real world? Last month, almost 1600 people showed up for a city government job fair in Savannah, although the city only had 22 openings.
A closer look at the declining labor force participation rate
The declining labor force participation rate is largely the result of well-documented long-term demographic trends that we’ve known about for decades.
April employment report: mediocre job gains as unemployment rate slips to 8.1%
Estimates vary widely, but the 115,000 jobs added in April in the U.S. is about the number needed to keep pace with population growth.
So that’s not a disastrous number under normal circumstances, but it looks pretty bad considering the deep hole we still need to climb out of.