unemployment rate

Destroying Minimum Wage Fallacies

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Reading Time: 5 minutes There is a lot of misinformation on the internet about the minimum wage. The reason for this is it is a politically charged topic. If your goal is to push an agenda, it’s easy to manipulate statistics in your favor. The phrase popularized by Mark Twain is applicable in this…CONTINUE READING

What Is The May 2017 Labor Market Telling Us?

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Reading Time: 4 minutes The U.S. economy is driven by the consumer as about 2/3rds of GDP is consumer spending. To forecast where the economy is headed, you need to figure out the health of the consumer. One of the main inputs to this forecast is the labor market (the other one being credit).…CONTINUE READING

Why The Federal Reserve Isn’t Meeting Its Goals

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Reading Time: 5 minutes There are many questions about the current monetary policy, but not many answers provided by the central bankers. The situation, which has remained the same since the Federal Reserve started its quantitative easing policy, was perfectly summarized on Monday as Janet Yellen spoke at the University of Michigan. She didn’t…CONTINUE READING

Quantitative Easing (QE): Are We Making A Mistake?

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Reading Time: 7 minutes The current path of monetary policy in the form of quantitative easing (QE) world wide and particularly in the United States is following a dangerous trajectory, one that has a historical precedent without looking back several centuries. This disastrously flawed monetary experiment has plagued Japans economy and its people since the…CONTINUE READING

Real Unemployment Rate In The United States

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Reading Time: 4 minutes Undoubtedly you have heard the optimistic economic outlooks on mainstream media channels. Often along with those highly touted future outlooks is a justification that the United States is at “full employment”, given that the unemployment rate, as recorded by the Bureau of Labor Statistics (BLS), is reported to be 4.8%…CONTINUE READING