Tag Archives: US EConomics

[unable to retrieve full-text content]Angry Bears’ New Deal democrat discusses JOLTS frequently. I am not sure if everyone knows what it means. I believe it calls for a short explanation. The acronym JOLTS is an abbreviation for “Job Openings and Labor Turnover Survey.” The Bureau of Labor Statistics (BLS) produces JOLTS reports monthly and also annual estimates of job […] The post JOLTS revisions from Yesterday’s Report appeared first on Angry Bear.

[unable to retrieve full-text content]China, China, China. China is not the only offshore manufacturer of automotive wire harnesses, plastic parts, stampings, etc. There is also Malaysia, Thailand, Philippines, etc. I know because I was tasked with visiting our plants as a supplier of US materials and parts. Yes, China is in the mix and I would fly into Beijing […] The post The North American Automobile Industry Waits for Trump and the Gov. to Act appeared first on Angry Bear.

[unable to retrieve full-text content]Finding a reputable child care facility or person to watch your child or children has become more difficult and costly. The EPI articles compares the cost to other items as well as costs in each state. For low wage workers the costs have become unsustainable. Policymakers have been pushing for addition sources for preschool care. […] The post Families Struggle Paying for Child Care While Working appeared first on Angry Bear.

[unable to retrieve full-text content]”Never interrupt your enemy when he is making a mistake.”~Napoleon Bonaparte What should Senate Democrats do about the GOP continuing resolution? Filibuster and send it back to the house, which will certainly mean a shut-down? Or let it pass on the grounds that Democrats can’t be blamed for the consequences? James Carville’s argument is that […] The post Time for Senate Dems to stand up against Trump/Musk appeared first on...

[unable to retrieve full-text content]This past Sunday the New York Times ran an essay (gift link) adapted from Ezra Klein’s new book with Derek Thompson.  The book, which I look forward to reading, is on abundance liberalism.  Klein’s essay begins as follows: I keep seeing Democrats say the resistance failed. On these pages, James Carville counseled Democrats to “roll over and […] The post Is abundance the liberal answer to Trump? appeared first...

[unable to retrieve full-text content] – by New Deal democrat To review briefly, the monthly JOLTS reports give us a more granular look at the employment sector, but are delayed by one month vs. the jobs report. Like the jobs reports, most JOLTS series have shown deceleration for several years. The question over the last year has been whether they […] The post January JOLTS report: monthly increases, but significant downward revisions to 2024 appeared first on Angry Bear.

[unable to retrieve full-text content]Scenes from Friday’s jobs report: the (totally contradictory) Big Picture  – by New Deal democrat There is no important economic data today, so let’s take a closer look at some of the noteworthy items from Friday’s jobs report. I’ll start out with the Establishment Survey side and then turn to the Household Survey side. Goods […] The post The (totally contradictory) Big Picture appeared first on Angry Bear.

[unable to retrieve full-text content] – by New Deal democrat My “Weekly Indicators” post is up at Seeking Alpha. The malign and moronic “policies” of the 2nd T—-p Administration so far have driven Economic Policy Uncertain to all time record highs: But despite that, the rumblings under the surface of the data have been quite minor so far. There are changes in […] The post New Deal democrats Weekly Indicators March 3 -7 2025 appeared...

[unable to retrieve full-text content]Trump was only supposed to hurt “those people”: “Jennifer Piggott proudly hung a red-and-blue Trump campaign flag outside her one-story home during the November election race. Now, after she was abruptly fired from her civil service job, her days of supporting the president are over. “Piggott is among more than 125 people dismissed in February […] The post DOGE for thee, but not for me appeared first on Angry Bear.

[unable to retrieve full-text content]but some 3+ year highs in unemployment metrics  – by New Deal democrat My question over the past year has been whether “decleration” would turn into “deterioration.” For a “soft landing,” deceleration would need to end, and the numbers stabilize, vs. continuing to deteriorate towards an actual downturn.  The verdict this month was mixed. On the […] The post February jobs report: weak...