Unemployment in the United States dropped precipitously in October 2014 according to this morning’s report issued by the Bureau of Labor Statistics (BLS). The report shows that actual unemployment dipped by almost a quarter-percent month-over-month, declining from 11.94% in September…
Category: It’s the Stupid Economy
Automation Nation
Something has taken place slowly over the past few years in the United States. And it’s basically complete. No, the whole nation isn’t one company. Yet. There are basically no manual appliances left in public spaces. Save for the occasional…
Unemployment Down to 11.94%, Now Double Official Reported Figure
What I predicted in April 2013 has finally happened. The BLS released their September report on unemployment today, announcing that unemployment had dropped from 6.1% to 5.9% in the United States. Unemployment did drop between August and September, when accounting…
Unemployment Remains Stable… at Double Reported Figure
Was going to post a longer thing about the nature of cameras and privacy and all the Rices from Rutgers that get rung up by audio-visual equipment, but that’ll keep for now, especially since everyone under the sun has something…
Unemployment Actually Up in April, Reporting Gap Hits All-Time High
There are some more detailed posts in the work since I’ve decided I’m going to re-energize this blog and start posting again, but I think it’s time for a quick continuation of our series on the misreporting of unemployment. (The…
No Jobs in January: A Glance at Seasonal Adjustment of Unemployment
I was curious to analyze the seasonal adjustment data after the last post I made about unemployment data and under-reporting from 2007-2013. Basically, seasonal adjustment follows a similar shape every year. Not the exact same shape, which is interesting, but…
Unemployment Reporting Gap Hits New High to Close 2013
Happy New Year, everyone. There haven’t been posts here for a long time, but that’s probably going to change again soon. Hopefully a lot of things will change soon. Regardless of which, a new milestone has been set: the all-time…
Stock Market, Misrepresentation of Unemployment Hit Record Highs
It’s been a while since I’ve been posting regularly, which is something that the extra time of summer will hopefully fix. And it’s been quite a while since I’ve revisited the issues of misrepresentation of the unemployment rate that have…
Let’s Talk About Class, Baby
Yesterday, I tried to tell a story about what I saw on the last APDA weekend of the year, a story about debaters and debate and ideas and personal struggles and hopes and dreams and triumphs and disappointments. It was…
The Problem of Chronology
Perhaps the biggest problem with life is that it is lived in order. There are a lot of trite aphorisms with strong grains of truth along these lines. Youth is wasted on the young. If I knew then what I…