Feds Send Warning to States on Unemployment Benefits

US Secretary of Labor, Lori Chavez-DeRemer, has drawn a red line for Governors in all fifty states. Illegal Aliens are not eligible for unemployment benefits. Chavez-DeRemer reminded the governors that employment authorization was a prerequisite to securing employment. “Unemployment benefits are not a handout for those in our country illegally,” Chavez-DeRemer said. Compliance with the directive, … Read more

Recession financial downturn economy

Private-Sector Jobs Went Negative in October

According to the most recent report from the federal government’s Bureau of Labor Statistics, the US economy added only 12,000 payroll jobs during October. This was the smallest month-to-month employment gain in nearly four years. Moreover, total private jobs fell in October by 28,000. This is the worst employment report since 2020, and it reflects an overall downward trend in employment growth … Read more

America Has Fewer Employed Workers than It Did a Year Ago

According to the most recent report from the federal government’s Bureau of Labor Statistics, the US economy added 142,000 jobs during August while the unemployment rate fell slightly to 4.2 percent. Since the highly disappointing July jobs report, media reports on the state of the job market have become far less positive. This report was described by … Read more

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Parade of Bankruptcies and Closures

You can tell when you’ve got a Democrat President in a bad economy. You don’t hear that much about the rise ein bankruptcies and stores going out of business. There have been a lot of them. The response to the Wuhan Flu killed off a lot of businesses, as did the harm done to the … Read more

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Converging Downturns

I apologize as this is longer than I like to normally post, but there are points to be hammered home here.  The hour is late and the situation is dire…

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Economy

Data Point – NH is Back? Or is it? By

From mid-April: …The seasonally adjusted unemployment rate for March 2021 was 3% — a 0.3% decrease from February, New Hampshire Employment Security reported Tuesday. The March 2020 seasonally adjusted rate was 2.7%.  New Hampshire’s unemployment rate boomed more than 17% last year after the pandemic hit but has since recovered and is now among the … Read more

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