The Radford Free Press – Page 260 – All life is problem solving.

Economics / consumer confidence, consumption, GDP, inflation, jobs, retail sales, unemployment, wages /

One Step Backwards

January 12, 2012

Having been sidelined this week by minor surgery – very minor but annoying nonetheless – I have been able to take stock of our recent economic numbers. Unfortunately a more leisurely review doesn’t help too much. I have emerged more skeptical than ever.jkn At one point earlier in the week I was contemplating writing about […]

Economics / jobs, Obama, Reagan, recovery, unemployment /

Hiring On The Rise? Part 2

January 6, 2012

I am not sure that today’s government report on employment settled much. The addition of 200,000 jobs in December, and the decline in unemployment to 8.5%, are both noteworthy, but are hardly the stuff of legends. This is probably why the stock market yawned at the news. Yes, that’s much better than it could have […]

Economics / ADP Employment Report, consumption, GDP, ISM Business Conditions Index, jobs, recovery, unemployment, wages /

Hiring On The Rise?

January 5, 2012

Just days after I issued my forecast for a rather dull 2012 we read that the US private sector hired 325,000 people in December. This is according to ADP the payroll processing company that keeps an eye on such things. This is a noteworthy jump in activity by any standard and deserves to be commented […]

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