The Radford Free Press – Page 395 – All life is problem solving.

Economics / banking, jobs, recovery, unemployment /

Jobs: Beware the Optimists!

April 2, 2010

Well, at last we have jobs data that are reasonably pleasant to talk about. Today’s Bureau of Labor Statistics release of its monthly ‘Employment Situation’ report tells us that non-farm payrolls grew by 162,000 in March, the biggest jump in jobs for three years. Meanwhile, the unemployment rate held constant at 9.7%. Taking a look […]

Economics / accounting, AT&T, Chamber of Commerce, health care, health care reform /

Corporate Losses Due To Health Care Reform?

March 31, 2010

You may have read that some big companies are announcing very large charge-offs in their quarterly income statements due to the passage of health care reform. AT&T, for instance, took a $1 billion hit to its income. 3M, Boeing, Caterpillar, Deere, and Prudential are all among the companies who have announced similar charge-offs. So, you […]

Economics / ADP Employment Report, Case Shiller Index, home prices, jobs, unemployment /

Jobs and Housing Still Fading

March 31, 2010

It is becoming monotonous to say, but the evidence that growth will be either healthy or sustained is getting fairly weak. The numbers just don’t add up. At the end of last year there was a surge of hope that the economy would chug into life. The data pointed that way even if the signs […]

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