July Jobs Creation Falls Short Of Expectations, Wage Growth Remains Stagnant
Jobs growth fell short of expectations in July but was still relatively decent. Wage growth, however, remains stubbornly stagnant.
Jobs growth fell short of expectations in July but was still relatively decent. Wage growth, however, remains stubbornly stagnant.
The economy grew at an exceptionally strong pace according to the first estimate of GDP growth, but several caveats remain.
Despite Republican hopes, the tax cuts passed by Congress in December are not manifesting themselves in increased wages.
Total nonfarm payroll employment increased by 213,000 in June and the unemployment rate rose to 4.0 percent.
Once touted as an example of his deal-making prowess, Harley-Davidson sent a rebuke to President Trump by announcing it was moving some manufacturing to Europe to counteract the impact of his ongoing trade war.
Donald Trump wants Republicans to make his immigration policies the centerpiece of the midterm campaign. What could possibly go wrong?
The actions of the Trump administration are helping Russian-EU relations (to the detriment of the US).
The Federal Government will borrow more than $1 trillion this year for the first time in more than a half-decade.
The Federal Reserve sees the economy staying relatively the same for the foreseeable future, which is both a good and bad thing.
Scottish First Minister Nicola Sturgeon is hinting she might try to revive a Scottish independence vote in the wake of Brexit. That’s easier said than done.
The first estimate of economic growth in the first three months of 2018 beat expectations slightly, but it doesn’t bode well for the immediate future.
Republicans are blaming the President for the fading popularity of the tax reform law passed in December. It’s more complicated than that.
We’re set to return to the era of trillion dollar budget deficits, and Republicans won’t do a thing about it.
The great negotiator in the White House is likely underestimating the tools available to Xi.
President Trump is continuing his dangerous and misguided trade war rhetoric,
Critics warn this move would lead to a drastic undercount of Hispanic voters, impacting Congressional districting, federal programs, and more.
We don’t yet have enough information to assign blame here. Naturally, that’s not stopping anyone.
A better than expected jobs report for February, but wage growth slowed for the month.
Dave Schuler argues the US would have a much better healthcare system if we had modeled it on VA clinics rather than private insurance.
Donald Trump spent much of the past year touting the rising stock market, now he’s getting a lesson in reality.
In addition to deadlines on the Federal Budget and DACA, Congress also has to deal with the debt ceiling at some point in the next month.
President Trump and his supporters like to claim that the economy has been booming since he became President. A look at the numbers reveals that this is not the case.
The economy grew in the final quarter of 2017, but at a slower pace than earlier in the year and far slower than what the President has promised.
Republicans passed their tax bill yesterday. What that means for the economy and the 2018 midterms is another question.
As we near the end of the year, the President’s job approval numbers remain at historically low levels, and there’s no sign that they’ll improve in 2018.
Once again, tax “reform” won’t make it easier to prepare or file tax returns.
The final version of the tax bill appears to be on track for passage, but the devil is in the details.
November’s Jobs Report was stronger than expected, but there are several caveats to keep in mind.
The Senate passed a tax cut bill last night, but it leaves a lot to be desired.
President Trump has selected Jerome Powell, a member of the Federal Reserve’s Board of Governors, to replace Janet Yellen as Chairman.
Republicans will introduce a tax package by the end of the month, but whether they can actually pass anything is another question entirely.
The new GDP growth estimate shows healthy economic growth in the second quarter, but it’s unclear if it can be sustained.
The fundamental premise at the heart of the immigration bill that President Trump backed earlier this month has no merit whatsoever.
The President has endorsed a bill that would cut legal immigration in half.
According to initial estimates, the economy grew at faster pace in the second quarter than at the beginning of the year, but it was hardly anything to write home about.
The June Jobs Report was significantly better than what we saw in May but on the whole not different from what we’ve seen for the last three years or so.
After seven years that mostly consisted of losing elections, there’s a battle going on over which direction the party should head.
For the third time since December,, the Federal Reserve has raised interest rates.
In addition to everything else on its plate, Congress will have to revisit raising the debt ceiling again sometime this summer.
Economic growth in the first quarter wasn’t as bad as first estimated, but it still wasn’t very good. And the future is unclear at best.
The first scorecard for President Trump’s first economic quarter in office isn’t exactly very good.
The Trump Administration is out with a tax plan, but it’s seriously lacking in details.
Another Federal Court has found another Trump Executive Order unconstitutional.
Has China finally had enough of North Korea?
So far, there’s no sign that Donald Trump is having much of an impact on the economy.