Economy Tag

New Report Indicates College Enrollment is on a Downward Trend

Posted by Mike LaChance on October 16, 2020 8 Comments

"The largest declines of all are in first-year students."...

https://www.youtube.com/watch?v=9J-3b3ivVE4

Final Jobs Report Before Election: Unemployment Below 8%, Job Growth Below Expectations

Posted by Mary Chastain on October 02, 2020 4 Comments

The September jobs report, the last one before the election, revealed the economy only added 661,000 jobs. However, the unemployment rate sits at 7.9%. The economy has also recovered 12 million jobs since the COVID-19 outbreak in mid-March, which saw around 22 million layoffs.

https://www.youtube.com/watch?v=Dy9Qg_a2i-Q&t=79s

Another 860,000 Filed Unemployment Claims Last Week, Continuing Claims Fell by 916,000

Posted by Mary Chastain on September 17, 2020 4 Comments

Another 860,000 Americans filed unemployment claims last week, keeping the trend under 900,000 steady for a few weeks. The number from the week before was revised up to 884,000, meaning claims dropped by 24,000.

Joe Biden Now Running Against Trump by Copying Trump’s Policies

Posted by Mike LaChance on September 13, 2020 23 Comments

Have you been listening to Joe Biden's economic message lately? If you have, you may find that it sounds a bit familiar. It almost seems like Joe is going to say "Make America Great Again" any day now. They say imitation is the sincerest form of flattery, but in Biden's case, it just sounds like his latest attempt at plagiarism.

Unemployment Rate Dropped to 8.4% in August, Economy Adds 1.4 Million Jobs

Posted by Mary Chastain on September 04, 2020 16 Comments

The Labor Department reported the economy added 1.4 million jobs in August and the unemployment rate dropped to 8.4%. This is a huge drop from July, which saw a 10.2% unemployment rate.

Minneapolis Requiring Businesses Destroyed by Riots to Pay Property Taxes Before They Can Rebuild

Posted by Mike LaChance on August 14, 2020 89 Comments

The city of Minneapolis is requiring businesses destroyed by the recent riots to pre-pay their 2020 property taxes before they can even officially demolish and rebuild their businesses. The city allowed these businesses to be destroyed, and now wants a ransom from the very people they victimized. When do the business owners start rioting, or at the very least, packing up and leaving?

Boat Sales are Surging as People Seek Safe Recreation During Pandemic

Posted by Mike LaChance on August 12, 2020 30 Comments

People who have been trapped in their homes for months, and looking for a form of recreation that allows social distancing are increasingly turning to boating. Some areas are reporting a massive spike in boat sales. It's a win for people and the economy.

2Q GDP Drop In Perspective: U.S. Outperformed EU and Eurozone

Posted by Vijeta Uniyal on August 01, 2020 7 Comments

European Union economies have taken a big hit in the wake of the Wuhan coronavirus pandemic, registering their biggest decline in recent history. The eurozone economies, comprising of 19 out of 27 EU member states, reported an annualized GPD decline of 40.3 percent, higher than the annualized drop of 32.9 percent registered in the United States.

Over 1.4 Million Filed Unemployment Claims, GDP Dropped 9.5% in Second Quarter

Posted by Mary Chastain on July 30, 2020 5 Comments

About 1.434 million Americans filed unemployment claims last week as states issue another shutdown due to spikes in coronavirus cases. The GDP also crashed to a 32.9% annualized rate, which is the biggest drop on record. Overall, the GDP dropped 9.5% between the first and second quarters. But we have to remember the GDP report contains numbers between March and June. It doesn't tell us what is happening now or tomorrow.

VIDEO: Watch Trump’s Fantastic Interview With Dave Portnoy of Barstool Sports

Posted by Mike LaChance on July 26, 2020 6 Comments

Dave Portnoy of the tremendously successful 'Barstool Sports' did an interview with President Trump this week which is going viral for obvious reasons. I don't know how Portnoy secured this interview, but it's one of the best interviews of Trump in years.

https://www.youtube.com/watch?v=t3GuOc6FSCo

Unemployment Claims Up Slightly, But Continuing Claims Dropped by 1.107 Million

Posted by Mary Chastain on July 23, 2020 6 Comments

The unemployment claims last week went up slightly to 1.416 million. However, continuing claims decreased. That means the unemployment went down a little bit to 11.1%. You need to remember that these numbers lag behind a week.

Unemployment Claims Come in at 1.3 Million, Continuing Claims Down by 737,750

Posted by Mary Chastain on July 16, 2020 19 Comments

Unemployment claims continue to tumble! The Labor Department's report states that 1.3 million Americans filed unemployment claims last week, which is down by 10,000 from the previous week. Continuing claims fell by 737,750 to 17.338 million.

Businesses in College Towns Hit Hard by Campus Closures Due to Coronavirus

Posted by Mike LaChance on July 14, 2020 0 Comments

“It was like a light switch turned off.”...

https://www.youtube.com/watch?v=txbiwVzqqyk

Democrats’ November Strategy: Worry, Don’t Be Happy

Posted by William A. Jacobson on July 11, 2020 19 Comments

On June 29, 2020, I urged people Don’t fall for Operation Demoralize:

We are in the middle of another Operation Demoralize. It happens every national election. This time it’s early, only June. The media swarms and lies. Tells you it’s over, wants you to give up. Happens every single time.

Unemployment Claims Decrease Again: 1.3 Million Filed Last Week, Continuing Claims Drop by 698,000

Posted by Mary Chastain on July 09, 2020 5 Comments

The Labor Department's unemployment report shows the unemployment filing numbers continue to decrease as the economy starts to pick up after the coronavirus shutdown. 1.3 million Americans filed last week, which is down by 99,000 from the previous week. The continuing claims fall to 18.06 million, which is a drop of 698,000.

https://www.youtube.com/watch?v=Zhg28SogG28

Another 1.48 million Americans filed for unemployment benefits last week, signaling a slow economic recovery from the coronavirus pandemic and related lockdown as layoffs remain historically high, even as many businesses have reopened.

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