Feb 22 2013

Part-time America: How we increased our part-time for economic reasons workforce by 4 million people since the recession began. Healthcare costs encourage low wage employers to hire more part-time employees.

The rise of part-time employment in the United States is part of the low wage system that is spreading throughout the country.  Part-time workers are cheaper to hire and easier to fire.  You also avoid paying benefits from a healthcare system that is seeing skyrocketing costs.  Prior to the economic crisis, the number of Americans […]

Feb 2 2013

Young riding out recession by going into debt for college: Millennial unemployment jumps by two percent.

As the animal spirits of the economy rage wild, there are still difficult challenges ahead for younger Americans.  While the stock market is up highlighting corporate euphoria, many companies are doing this with 4 million fewer workers.  So the economic recovery is not evenly distributed and they rarely are.  Yet younger Americans are still facing […]

Dec 11 2012

The food stamp economic recovery – Food stamps increase by over 600,000 in last month of data. GDP at record levels yet US employment is 4 million below start of recession.

There was a startling figure that came across my desk from the United States Department of Agriculture regarding food stamp usage in the SNAP program.  Food stamp usage has grown dramatically in the last decade even during the debt inspired boom times.  Yet the devil is always in the details as we reported with the […]

Dec 8 2012

Disappearing US labor force and goodbye to retirement – Adding 146,000 jobs while 542,000 drop out of the labor force. Understanding the changes in the unemployment rate.

The recent drop in the unemployment rate was largely due to the number of people dropping out of the labor force.  I’ve noticed that more people in the press are picking up on the important nuances when it comes to the employment figures.  For example, in the last month those “not in the labor force” […]

Aug 14 2012

Welcome to the land of the poor and rich – Trading the middle class for economic extremes.

The extremes in the US have gotten more pronounced in this economic crisis.  It is hard to imagine a country where 46 million people are living with the assistance of food stamps while 6 of the 400 top income earners pay no federal tax.  I’m sure that just like most Americans you pay your fair […]

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