Economic News

Pop quiz. Analyze the Monthly Jobs Report

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Every month, the BLS reports the facts on employment in the US. The monthly Bureau of Labor Statistics employment situation report (EMPSIT) is the single most important publicly available information on the US economy. The report is commonly called “the jobs report.” The second most important report is corporate profits. (quarterly). The Employment report is … Read more

The Labor Share of the Economy Continues to Fall

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Everywhere we see a discussion of affordability. Homes are at record prices. Rents continue to rise. Grocery prices are high. And gas peaked at $4.50 a gallon. The affordably crisis is a result of worker incomes not keeping up with prices. There would be no affordability issues if wages and worker incomes had kept up … Read more

Four Black women. Nine degrees. Not one steady paycheck. (Washington Post)

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Here is a good long, comprehensive article on four unemployed Black Women in Arkansas. Also, you must read comments and reaction to fully understand the publics current economic thinking. The article is a great read on the current state of the job market. Four Black women. Nine degrees. Not one steady paycheck. (Washington Post) The … Read more

Black Unemployment Report – August 2025

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Black unemployment jumps to 7.5%, a 23% increase since last August.  New Black workers increased by 260,000. Unemployment Report The BLS jobs report showed almost no new job growth (+22,000 new jobs) in August.  Over the past three months, the economy added an average of 29,000 jobs. The numbers hint at a slowing US economy. … Read more