Economy  (Page 1)

Record Setting 6.6 Million Applied for Unemployment Last Week

https://www.wsj.com/articles/another-3-1-million-americans-likely-sought-unemployment-benefits-last-week-11585819800?mod=hp_lead_pos2&mod=article_inline&mod=hp_lead_pos1
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Posted by  ▪  Thursday, April 2, 2020 at 9:07am 4/2/2020 at 9:07am
https://www.wsj.com/articles/another-3-1-million-americans-likely-sought-unemployment-benefits-last-week-11585819800?mod=hp_lead_pos2&mod=article_inline&mod=hp_lead_pos1

The Labor Department revealed that a record 6.6 million Americans applied for unemployment last week. Over 3.3 million applied the previous week.

In two weeks in March, almost 10 million filed for unemployment benefits.

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Wuhan Virus Watch: France and Italy approve use of chloroquine for patients with extreme coronavirus

https://www.youtube.com/watch?v=wBjKRitNedk
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Posted by  ▪  Sunday, March 29, 2020 at 1:00pm 3/29/2020 at 1:00pm
https://www.youtube.com/watch?v=wBjKRitNedk

While the American press pushes smears regarding President Donald Trump’s discussions of the malarial drug chloroquine as a potential treatment for the Wuhan coronavirus, the French and Italian governments have approved its use.

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Coronavirus’ Other Toll: 3.2 Million Americans Filed for Unemployment Last Week

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Posted by  ▪  Thursday, March 26, 2020 at 4:30pm 3/26/2020 at 4:30pm

Thursday morning the Department of Labor released their report outlining weekly unemployment claims. For the week ending March 21, unemployment claims skyrocketed, topping 3.2 million nationally, a direct result of the national economic shutdown meant to slow the spread of Coronavirus.

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“There is not enough federal bailout money in the Treasury to save every pointless university in a bad recession”

https://youtu.be/qPiZSF1Pi0M
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Posted by  ▪  Sunday, March 22, 2020 at 11:30am 3/22/2020 at 11:30am
https://youtu.be/qPiZSF1Pi0M

As I pointed out in a recent Quick Take, people are already wondering if the Coronavirus crsis will burst the higher education bubble. Tucker Carlson addressed this issue in a monologue on his show this week which was right to the point.

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Former Democrat Campaign Staffers Struggle to Find Work During Coronavirus Crisis

https://www.youtube.com/watch?v=z8mj_Rhfy_A
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Posted by  ▪  Friday, March 20, 2020 at 9:00am 3/20/2020 at 9:00am
https://www.youtube.com/watch?v=z8mj_Rhfy_A

In a case of unfortunate timing, many of the Democrats running for president ended their campaigns just before the Coronavirus crisis hit.

Now many of the former campaign staffers are looking for jobs as life has come to a standstill.

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February Jobs Report: 273,000 Jobs Added, Unemployment at 3.5% Despite Coronavirus Fears

https://www.youtube.com/watch?v=s55lgCgtBe8
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Posted by  ▪  Friday, March 6, 2020 at 10:00am 3/6/2020 at 10:00am
https://www.youtube.com/watch?v=s55lgCgtBe8

The Labor Department reported that employers added 273,000 jobs despite coronavirus fears. Many economists feared that employers would hesitate before hiring people.

Unemployment also went down a bit, 3.5% from 3.6%

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Tom Steyer: Trump’s Economy Is Not That Great, No Matter That Numerous Polls Say Otherwise

https://youtu.be/yepbicXl4qc
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Posted by  ▪  Tuesday, February 18, 2020 at 6:30pm 2/18/2020 at 6:30pm
https://youtu.be/yepbicXl4qc

President Trump’s resiliency in the face of being impeached and amid the constant barrage of attacks against him since day one has been a source of immense frustration for Democrats in 2020, especially in the aftermath of his unapologetic State of the Union address and his acquittal after the Senate’s...

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December Existing-Home Sales Rose 3.6% to End 2019 on High Note

https://www.youtube.com/watch?v=IokHUcJ5Do8
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Posted by  ▪  Sunday, January 26, 2020 at 2:00pm 1/26/2020 at 2:00pm
https://www.youtube.com/watch?v=IokHUcJ5Do8

The National Association of Realtors revealed that existing-home sales rose 3.6% in December 2019 from November to end the year on a high note after a slowish start.

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To Democrats’ Dismay, Christmas season brings YUGE economic wins for Trump

https://twitter.com/TrumpStudents/status/1152968703807492096
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Posted by  ▪  Wednesday, December 25, 2019 at 1:30pm 12/25/2019 at 1:30pm
https://twitter.com/TrumpStudents/status/1152968703807492096

Santa appears to be delivering some good economic news this Christmas season for President Donald Trump, as his economic policies seem to have created a flurry of both spending and earning.

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Large Minimum Wage Hike Strikes Again, Killing Restaurant Jobs in California and Washington State

https://youtu.be/9riNd6sLlQE
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Posted by  ▪  Wednesday, December 18, 2019 at 3:00pm 12/18/2019 at 3:00pm
https://youtu.be/9riNd6sLlQE

While America is enjoying record low unemployment, some areas are actually experiencing the loss of jobs. In certain cities where progressive activists and politicians have forced increases in the minimum wage, restaurants who can’t keep up are closing and taking jobs with them.

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November Jobs Report: 266,000 Jobs Added, Unemployment at 3.5%

https://www.youtube.com/watch?v=R4q-qD8Pwoo
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Posted by  ▪  Friday, December 6, 2019 at 11:00am 12/6/2019 at 11:00am
https://www.youtube.com/watch?v=R4q-qD8Pwoo

The November jobs report revealed the economy added 266,000 jobs. Unemployment hit 3.5%, which matches a 50-year low.

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Shocking: Target Raised Wages to $15, Cut Employee Hours

https://www.youtube.com/watch?v=9gpxf21CSpk
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Posted by  ▪  Tuesday, October 15, 2019 at 6:30pm 10/15/2019 at 6:30pm
https://www.youtube.com/watch?v=9gpxf21CSpk

How do I economy? A business needs to make a profit in order to stay in business and provide goods for customers.

I also think people do not realize the size of Target, which means a lot of people making $15 an hour.

Reality runs deeper than Target’s size, though. You have to...

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Report Suggests Higher Education is Shrinking as an Industry

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Posted by  ▪  Tuesday, October 15, 2019 at 10:00am 10/15/2019 at 10:00am

College closures and shrinking enrollment are taking a toll on the business of higher education.

Doug Lederman writes at Inside Higher Ed:

The Incredible Shrinking Higher Ed Industry

Higher education enrollments have been falling for years, a well-documented outcome that can be attributed to some combination of a strong U.S. economy, changes in birth...

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College Closures Damage the Towns They Leave Behind

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Posted by  ▪  Monday, September 30, 2019 at 12:00pm 9/30/2019 at 12:00pm

College closures can affect an entire community. They grapple with lost jobs, lost revenue, and even a loss of identity.

From the Denver Post:

Former college campuses left to adapt to business loss, redevelopment

As colleges and universities come alive this fall, some campuses sit closed and empty after succumbing to a recent wave...

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Wall Street Democrats Warn They’ll Sit Out 2020 Presidential Election or Support Trump if Warren is Nominee

https://www.youtube.com/watch?v=5l-254XnpkA
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Posted by  ▪  Friday, September 27, 2019 at 7:00am 9/27/2019 at 7:00am
https://www.youtube.com/watch?v=5l-254XnpkA
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U.S. Economy Only Adds 130,000 Jobs in August

https://www.youtube.com/watch?v=i6LNGRIuscE
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Posted by  ▪  Friday, September 6, 2019 at 11:00am 9/6/2019 at 11:00am
https://www.youtube.com/watch?v=i6LNGRIuscE

Yikes. The August jobs report is less than stellar as the economy only added 130,000 jobs in the month.

To make matters worse, a lot of those jobs were temporary jobs for the 2020 census.

But one jobs report should not cause a freakout. Unemployment remains at 3.7% while reports from earlier this...

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Expert Predicts up to 25 Percent of American Colleges Will Close in Next Two Decades

https://youtu.be/joTFddr3wFk
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Posted by  ▪  Tuesday, September 3, 2019 at 11:00am 9/3/2019 at 11:00am
https://youtu.be/joTFddr3wFk

For years now, there have been warnings that the higher education bubble was going to burst. While we have witnessed the closure of many small schools this year already, one researcher at Harvard who studies higher education says the worst is yet to come.

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