Showing posts with label Jobs. Show all posts
Showing posts with label Jobs. Show all posts

Thursday, September 19, 2024

Fed chair Powell says illegals are why unemployment is rising

Fed chair Powell says illegals are why unemployment is rising: If you import 20 million people into an economy that doesn't have room for them, don't be surprised if unemployment goes up.

That's not Donald Trump speaking, it's what Federal Reserve Chairman Jerome Powell, a guy who tends to side with Joe Biden, found when he cut interest rates 50 basis points yesterday. It's also basic economics.

Sunday, January 24, 2010

Unemployment up in 43 states

The Obama Recession continues -- 12 consecutive months of economic futility by the best and brightest the Democratic Party has to offer.

From The Associated Press:
Unemployment rates rose in 43 states last month, the government said Friday, painting a bleak picture of the job market that illustrated nationwide data released two weeks ago.
The rise in joblessness was a sharp change from November, when 36 states said their unemployment rates fell. Four states — South Carolina, Delaware, Florida and North Carolina — reported record-high jobless rates in December.
New Jersey's rate, meanwhile, rose to a 33-year high of 10.1 percent while New York's reached a 26-year high of 9 percent.
Analysts said the report showed the economy is recovering at too weak a pace to generate consistent job creation.
Originally posted at TONY PHYRILLAS

Monday, March 09, 2009

Buffett disagrees with Obama on Card Check



One of Obama's top economic advisers opposes the Card Check bill pushed by Big Labor.