Good News and Bad News

We have some economic news out today.  453,000 filed initial unemployment claims, and the second quarter GDP estimate is 1.7 percent growth.  The news people are practically ecstatic over this, proclaiming it’s good news.  The markets seem to agree.  Each of the stock markets are up right now.

True enough, the unemployment claims are . . . → Read More: Good News and Bad News

Healthcare and Government

I get the following question, or something like it all the time.  This time it came by e-mail.  I thought I’d post my response.  Here’s the question:

When looking at the economy, unemployment, and job growth…..what consideration is given to the impact of the decline of jobs and/or elimination of jobs in the public . . . → Read More: Healthcare and Government

Healthcare and Governement

I get the following question, or something like it all the time.  This time it came by e-mail.  I thought I’d post my response.  Here’s the question:

When looking at the economy, unemployment, and job growth…..what consideration is given to the impact of the decline of jobs and/or elimination of jobs in the public . . . → Read More: Healthcare and Governement

Political Decisions Matter in State Economic Performance

California has pending legislation, AB 2529, to require an economic impact analysis of proposed new regulation. Its opponents correctly point out that AB 2529 will delay and increase the cost of new regulation. There will be lawsuits and arguments over the proper methodology and over assumptions. It is not easy to complete a thorough . . . → Read More: Political Decisions Matter in State Economic Performance

California’s Double-Dip in Jobs

California’s unemployment rate edged up from 12.3 in July to 12.4 percent in August, the Employment Development Department reported today. This was driven more by changes in jobs, (losses), rather than changes in labor force. California’s unemployment rate is third highest in the nation behind Michigan and Nevada.

California’s month-on-month non-farm job growth rate . . . → Read More: California’s Double-Dip in Jobs