Tag: Unemployment

Biden’s Economy Gets More Bad News

Jobless claims have risen for the third straight week as Biden’s economy spirals. According to The Washington Free Beacon: Initial claims for state unemployment benefits rose 11,000 to a seasonally adjusted 362,000 for the week ended Sept. 25, the Labor Department said on Thursday. Economists polled by Reuters had forecast 335,000 applications for the latest week. Claims have

Unemployment Backlog Clouds Newsom’s Reelection Hopes

The backlog of unemployment cases continues to rise in California and could spell trouble for Governor Gavin Newsom’s reelection chances. According to The Washington Free Beacon: The backlog of unemployment claims in California keeps growing, as embattled Democratic governor Gavin Newsom faces a reelection campaign brought on by his handling of the coronavirus pandemic. Calls

Unemployment Gets Bad News Under Biden

Unemployment has risen for the first time in over a year, signaling bad news for the “resurgent” Biden economy. According to The Washington Free Beacon: WASHINGTON (Reuters) – U.S. job growth unexpectedly slowed in April, likely restrained by worker shortages that have left businesses scrambling to meet booming demand as the economy reopens amid rapidly

Biden’s Labor Nominee has Fraudulent Past

Biden’s nominee to be number two in command at the Department of Labor apparently oversaw a broken and fraudulent unemployment system. According to The Washington Free Beacon: As California’s secretary of labor, Julie Su oversaw an unemployment website plagued by glitches and improper payments. The website repeatedly crashed throughout the COVID-19 pandemic and was down

New Economic Numbers Released

New economic data shows that the number of unemployed people in American continues to decrease. According to The Hill: Initial jobless claims for the last week of October fell to a seasonally adjusted 751,000, a drop of 7,000 from the previous week, but still extraordinarily high by historical standards. Thursday data from the Labor Department revised the

White House Considering ‘Unilateral’ Action on Coronavirus Relief

The White House is reportedly considering “unilateral” action to get coronavirus relief to Americans after attempts by Congress have continuously stalled. According to The Daily Wire: Monday morning, a White House official told Fox News that, while the president is hopeful that Congressional negotiations may continue, the administration is preparing for exigent circumstances. “As the negotiations continue

The Trump Economy: The Year in Review and the Years Ahead

  The U.S. economy experienced a strong and economically notable acceleration in 2017, with growth in real gross domestic product exceeding expectations and increasing to 2.5 percent, up from 1.8 percent during the four quarters of 2016, and the unemployment rate falling 0.6 percentage point to 4.1 percent, the lowest since 2000. Over the course