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Signs of Inflation so Far

Signs of Inflation so Far

Gerald P. Dwyer The Federal Reserve has announced that it intends to raise inflation in the United States to two percent per year on average. Inflation generally has been less than two percent in recent years. Is the Federal Reserve likely to be successful at hitting this new target or even exceeding it? Recent dramatic […]

Unemployment in Free vs. Locked-Down States

Unemployment in Free vs. Locked-Down States

Jordan Schachtel , The economic results of America’s ongoing experiment with COVID-19 top-down authoritarianism are in, and they provided for the clearest picture to date about the very real, devastating side effects of lockdowns. The U.S. Bureau of Labor Statistics has made available a series of new statistics highlighting the unemployment figures from January (pre-pandemic […]

Initial Claims Fall While Continuing Claims Rise

Initial Claims Fall While Continuing Claims Rise

Robert Hughes  – March 11, 2021   Initial claims for regular state unemployment insurance totaled 712,000 for the week ending March 6, down 42,000 from the previous week’s upwardly revised tally of 754,000 (see first chart). The latest week is the lowest since results for the week ending November 7, 2020. However, claims remain stuck […]

China’s Role in Global Lockdowns: The Smoking Gun

China’s Role in Global Lockdowns: The Smoking Gun

AIER Staff This time last year, Americans were blindsided by a shocking policy to shut down the US economy to control a virus. The presumption of the officials who enacted this policy is that it would be far more deadly than it turned out to be. They further presumed that the virus could be controlled […]

The Myth (and Phony Math) of ‘Green’ Jobs

The Myth (and Phony Math) of ‘Green’ Jobs

    By Duggan Flanakin Governments are killing real jobs and conning us about ‘millions of good green jobs’   “Fool me once,” Stephen King wrote, “shame on you. Fool me twice, shame on me. Fool me three times, shame on both of us.” His adage certainly applies to the myth (and fake math) of […]

No longer a boom state: New data shows residents fleeing California in near record numbers

No longer a boom state: New data shows residents fleeing California in near record numbers

BY TONY BIZJAK California’s historically strong population growth has ground to a near halt, new data show, as far more people moved to other states than moved here from elsewhere in the United States. The birth rate also continued to drop and older Baby Boomers passed away, some from COVID-19. In contrast, the Sacramento region […]

Weekly Jobless Claims Edge Down to Lowest Level Since March

Weekly Jobless Claims Edge Down to Lowest Level Since March

BY TOM OZIMEK The number of U.S. workers seeking unemployment benefits last week ticked down by 7,000 to its lowest level since March, when the outbreak of the CCP (Chinese Communist Party) virus threw the economy into a tailspin. A report from the Labor Department on Thursday (pdf) showed 751,000 people filed for state unemployment benefits in the week ending […]

Red States’ Economies Fare Better Amid CCP Virus, Unemployment Data Indicates

Red States’ Economies Fare Better Amid CCP Virus, Unemployment Data Indicates

BY PETR SVAB Republican states have generally handled the economic impact of the CCP virus pandemic much better than Democrat states, based on unemployment data. The lockdowns imposed in response to the coronavirus pandemic hammered the economy countrywide, with unemployment rising from a historically low 3.5 percent in February to a record high 14.7 percent in April, before gradually dropping to 7.9 percent in […]

California Gov. Gavin Newsom Says State Will Reopen “Methodically And Stubbornly” To Avoid “Fits And Starts”

California Gov. Gavin Newsom Says State Will Reopen “Methodically And Stubbornly” To Avoid “Fits And Starts”

By Jill Goldsmith California Gov. Gavin Newsom said Friday the only path to sustainable economic recovery from the battering ram of COVID-19 is to avoid early mistakes and open businesses more slowly despite the pain. “It’s very raw. I am well aware of the mandates we put out as a state, the mandates that are put out by […]

US Economy Adds 661,000 Jobs in September, Unemployment Falls Below 8 Percent

US Economy Adds 661,000 Jobs in September, Unemployment Falls Below 8 Percent

BY TOM OZIMEK The U.S. economy added 661,000 jobs in September, while the unemployment rate fell from 8.4 percent in August to 7.9 percent last month, the Labor Department said in a release Friday. The agency’s last monthly employment report ahead of the Nov. 3 presidential election shows labor market recovery continues from the lockdown-driven lows of March and April, although […]

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