On the Employment Situation in January
While unemployment remains a severe problem, today’s employment report contains encouraging signs of gradual labor market healing. The unemployment rate fell three-tenths of a percentage point and employment rose in a number of industries, though overall employment fell slightly.
The unemployment rate declined from 10.0 percent to 9.7 percent. This decline occurred despite a modest rise [...]
AP Misses the Transportation Stimulus Jobs Forest for the Trees
Today, the Associated Press published an article skeptical of transportation stimulus spending’s effect on employment. Now, I’m all for a vigilant press to help keep our government effective. But this story is missing the point. This Administration’s transportation stimulus spending is putting people to work.
According to AP’s analysis, "a surge in spending on roads and [...]
‘Settled’ Science?
One thing for sure. “Settled” science it’s most definitely not - as this professor of meteorology at the Massachusetts Institute of Technology points out while he “rips the AGW proponents to shreds.“
Here’s anf excerpt from the wrap-up:
What does all this have to do with climate catastrophe? The answer brings us to a scandal that is, [...]
California, the 54th State, Creating or Saving Lots of Jobs!
According to the Recovery.gov website, California — with its 101 congressional districts — has created or saved a total of 110,185 jobs since the Obamic stimulus bill passed.
Oddly, other, less reliable sources report that “the state has lost 732,700 jobs over the last year.”
And those same other sources also seem to be under the impression [...]
Everybody Get His Camera Ready
In today’s Gallup daily tracking poll (three-day rolling average) — Gallup! — President Barack H. Obama now sits on a job-approval of a bare 50%, having plummeted from 69% approval on January 22-24 (released on January 25th), a few days after he was inaugurated. He has dropped 19 points in 214 days of tracking-poll [...]
