If you think that the latest employment numbers are good news, you might want to look again. In April 2013,58.6 percent of all working age Americans had a job. But three years ago, in April 2010, 58.7 percent of all working age Americans had a job. Well, you may argue, that is not much of a difference. And that is precisely my point. The percentage of Americans that have a job fell [...]
The jobs recovery is a complete and total myth. The percentage of the working age population in the United States that had a job in March 2013 was exactly the same as it was all the way back in March 2010. In addition, as you will see below, there are now more than 101 million working age Americans that do not have a job. But even though the employment [...]
NEW YORK (CNNMoney) — There are far more jobless people in the United States than you might think.
While it’s true that the unemployment rate is falling, that doesn’t include the millions of nonworking adults who aren’t even looking for a job anymore. And hiring isn’t strong enough to keep up with population growth.
As a result, the labor force is now at its smallest size since the 1980s when compared to the [...]
The US, France, UK and other European countries are engaged in a widening arc of military activities across Africa, the Middle East, western Asia and central Asia, some visible and some surreptitious. France’s incursion into Mali last week was a notable short-term success. Other actions have been costly failures. It is important to understand why.
Let us distinguish two main kinds of targets. The first are oil states, including Algeria, [...]
David Attenborough has described humans as a “plague on Earth” that need to slow down breeding to stop the world’s population being reduced by more brutal means. Speaking to the Radio Times, the beloved naturalist said the impact of the rapidly increasing population “will come home to roost over the next 50 years or so.”
Finding food for the human ‘hordes’ is as just big a threat to survival as global [...]
The number of Americans receiving money directly from the federal government has grown from 94 million in the year 2000 to over 128 million today. A shocking new research paper by Patrick Tyrrell and William W. Beach contains that statistic and a whole bunch of other very revealing numbers. According to their research, the federal government hands out money to 41.3 percent of the entire population of the United States each month. [...]
When Priced in Gold, the US economy is at Depression-Era Levels
sovereignman: As we slide into the end of yet another year in which the nominal price of gold has posted a positive return, I thought it would be interesting to take a look back on history to get a better understanding of where we are today.
It’s obvious that, for many reasons, the size of the global economy is far greater than [...]
‘It may be difficult to believe, but according to research published next month a world without war may be getting nearer.
Futurologists from the University of Oslo in Norway and the Peace Research Institute Oslo have predicted that global conflict will halve in the next 40 years.
Their study claims the combination of higher education, lower infant mortality, smaller youth cohorts, and lower population growth are a few of the reasons why [...]
This isn’t a temporary setback, writes Jeremy Grantham, the 3% U.S. GDP growth rate average of the last century is gone forever. Be wary of Fed policy – set by a man who didn’t recognize a 1-in-1200 year housing bubble – and premised on the idea 3% growth is normal.
from Business Insider:
Famed investor Jeremy Grantham just released his new quarterly letter to GMO clients, and it’s depressing.
He writes that US economic growth will [...]
“As actors and activists in the West speak out against China’s one-child policy, politicians move to introduce the same policies in the North.
On oktober 27 actor Christian Bale presented a human rights award to Chinese pro-life activist Chen Guangcheng for his decade-long fight against China’s one-child policy. Praising Chen as an example of courage for his fight against “a program of forced abortion and sterilization in Shandong”, Bale went on [...]
Death of ‘Growth Economics’ spells danger
By Paul B. Farrell, MarketWatch
“Is the U.S. Condemned by History to Slow Growth?” asks Bloomberg BusinessWeek. Yes. But for traders and investors, it’s far worse than just bearish slow growth. Plan for no growth or zero growth.
Why? Wall Street, America and the world economy are in the early stages of a long era of “de-growth,” a reversal of economic growth and reduction in [...]
A new survey of economists suggests unemployment is likely to remain right where it is over the next year, stalling at the current level of 7.8 percent through the fourth quarter of 2013.
The widely watched National Association for Business Economics Outlook, a survey of 44 professional forecasters, says job growth next year is expected to average 155,000 per month, a modest figure that barely keeps pace with population growth and will not [...]
Billions of dollars is being poured into an effort to reduce population growth all over the world, and most people do not even know that it is happening. These efforts are often promoted under such labels as “family planning”, “abortion rights” and “public health programs”, but the primary goal is always to get women to have less children. This population control agenda has millions upon millions of supporters all [...]
Well, isn’t that convenient? The Obama campaign desperately needed the last employment report to be released before the election to show that the unemployment rate had fallen below 8 percent, and somehow it magically happened. Even though non-farm payroll employment only increased by 114,000 last month (not enough to even keep up with population growth), the official unemployment rate fell from 8.1 percent to 7.8 percent. So how did [...]
Paul Craig Roberts
Sept 8, 2012
Friday’s payroll jobs report says that 96,000 new jobs were created in August and that the unemployment rate (U.3) fell from 8.3% to 8.1%. As 96,000 new jobs are not enough to keep up with population growth, the decline in the U.3 unemployment rate was caused by 368,000 discouraged job seekers giving up on finding employment and dropping out of the work force as measured by [...]
After crunching some census data, Dan Walters of The Sacramento Bee reports a remarkable figure. In the decade that ended in 2011, California’s state government employed roughly 9.3 percent more people, a number that roughly tracks the increase in population seen in the Golden State.
You’d think that payroll costs would’ve increased by roughly the same amount.
Says the newspaper:
“California’s state government had 9.3 percent more employees in 2011 than it did 10 years [...]
A new study from the Stockholm International Water Institute claims the planet’s fresh water supply is buckling under the weight of population growth. In 35 years, we’ll all be vegetarians or we’ll go under. No more cow meat for you, Bubba. Raising cows uses too much water. Reach for the soy cakes.
These projections are being trumpeted by the same people who assure us the world is heating up so fast [...]
Have you ever wondered why the CPI, GDP and employment numbers run counter to your personal and business experiences? The problem lies in biased and often-manipulated government reporting.
Primers on Government Economic Reports What you’ve suspected but were afraid to ask. The story behind unemployment, the Federal Deficit, CPI, GDP
In his report on the Bureau of Labor Statistics’ latest jobs and unemployment report, statistician John Williams (shadowstats.com) writes: “The July employment [...]
Dr. Paul Craig Roberts
August 4, 2012
In his report on the Bureau of Labor Statistics’ latest jobs and unemployment report, statistician John Williams (shadowstats.com) writes: “The July employment and unemployment numbers published today, August 3rd, were worthless and likely misleading.”
I will spare the readers an explanation of Williams’ account of the manipulation that is occurring as it is too arcane for the general reader.
Instead, Let’s just apply common sense. According to the BLS, [...]
Average yearly, top-end tax rates in America, by decade:
US Average Yearly Unemployment Rate, By Decade:
Nominal GDP Growth
Real GDP Growth (The above minus inflation)
Per Capita, Real GDP Growth (The above adjusted for population growth)
Debt-Adjusted, Per Capita, Real GDP Growth [...]
The primary objective of President Obama’s overhaul of the health care system is to extend coverage to the tens of millions of Americans currently without insurance. “But coverage will not necessarily translate into care,” because there may not enough doctors to treat everyone, say Annie Lowrey and Robert Pear at The New York Times. The U.S. is already facing a severe shortage of doctors, particularly in rural areas of the country, and [...]
July 30, 2012
High unemployment isn’t going away — not as long as the economy grows as slowly as it did in the April-June quarter.
Weak consumer spending held growth to an annual rate of just 1.5 percent, even less than the 2 percent rate in the first quarter. And few expect the economy to accelerate in the second half of the year as Europe’s financial woes and a U.S. budget [...]
Dismal jobs numbers reflect a fundamental lack of economic growth. Three full years have now passed since the trough of the recession. But, the US grew at only 1.9 per cent and an estimated 1.5 per cent for the first and second quarters of this year, respectively. For the full year, the consensus estimate is only 2 per cent. Such figures, well below the economy’s long run growth potential, [...]
It is increasingly apparent what the economy will look like when President Obama faces voters in November: pretty much what it looks like today.
And that picture, a report from the Labor Department made clear on Friday, is far from the booming job growth that prevailed only a few months ago. In June, the economy added a meager 80,000 jobs, and the unemployment rate remained at 8.2 percent.
Early this year, optimists buzzed that [...]
July 1, 2012
The Tellus Institute, a non-profit sustainability research organization, created “sophisticated human population models” with their PoleStar project (PSP). Using data provided to them by the United Nations (UN) and the World Bank (WB), they analyzed parameters such as energy consumption, land use and pollution.
The PSP predicts simulated outcomes that are being used to shape international policy. Richard Rosen, executive vice president of Tellus claims that if we are to [...]
June 19, 2012
Action is urgently needed to limit population growth – and rich nations must curtail gluttonous consumption – or else humanity faces a terrifying future, scientists have warned.
The warning goes against what many governments and academics have espoused for centuries in the industrialised world. Yet more than 100 scientific academies around the globe have broken the taboo, saying if birthrates and overconsumption continue unabated, large-scale famine, drought, disease [...]
Human-generated pressures, at their current pace, will likely drive our planet’s ecosystems to an irreversible collapse in the coming decades, according to a new paper in the journal Nature.
The paper, titled “Approaching a state-shift in Earth’s biosphere,” is the work of 18 scientists from Chile, Canada, Finland, the U.K., Spain and the United States.
Based on a review of scientific theories, ecosystem modeling and fossils, the researchers concluded that accelerating loss of biodiversity, extreme climate fluctuations [...]
This Republican Economy
By PAUL KRUGMAN
Published: June 3, 2012 17 Comments
What should be done about the economy? Republicans claim to have the answer: slash spending and cut taxes. What they hope voters won’t notice is that that’s precisely the policy we’ve been following the past couple of years. Never mind the Democrat in the White House; for all practical purposes, this is already the economic policy of Republican dreams.
So the [...]
Paul B. Farrell: Environmental clues to global growth sectors
By Paul B. Farrell, MarketWatch
SAN LUIS OBISPO, Calif. (MarketWatch) — The Worldwatch Institute is a great source of global economic information. Launched in 1974, it was the first research organization devoted to analysis of global environmental issues. And that’s why its new “Vital Signs 2012” is so important, highlighting growth sectors that can be mined for investment opportunities.
Yes, huge challenges, [...]
May 8, 2012
The “global citizens” at the Club of Rome are at it again. They are warning that if we don’t allow government to scale back civilization, we’re doomed.
“Mankind may face extinction if it fails to change its ways, the Club of Rome think tank has said,” reports the German publican,Deutsche Welle. “Short-sighted political and economical models are the problem, according to a new report by the group.”
Evidence that the [...]
1. The promise that unemployment would be below 8 percent.
2. The promise that the help would come immediately.
3. It was supposed to lift 2 million Americans from poverty…instead over 3 X that many more are now living there….plus child poverty has dramatically increased.
4. The green sector would create millions of jobs…well we all saw how that worked out. More like paid millions of dollars in paybacks.
5. One million electric cars [...]
As of Friday, The U.S. added 120,000 jobs in March, posting the smallest number in five months. Analysts expected 203,000—a big disapointment for those convinced on the U.S. economic growth story.
Just to keep up with U.S. population growth, 90,000 jobs need to be added monthly. So if 90,000 gets us to breakeven, we added just 30,000 new jobs in March, which really gets us nowhere near any sort of recovery [...]
City population growth surpasses suburban growth for first time in 20 years
Experts predict that ‘suburban house prices may not recover in our lifetime’
Recent figures show that metropolitan areas topped a list of the places with the highest population growth last year
U.S. suburbs which saw huge population growth a decade ago are dwindling to record lows as cash-conscious Americans shun the country in favour of city living.
New census estimates show homeowners [...]