We asked The Heritage Foundation’s William Beach, Director of the Center for Data Analysis, to answer some questions about America’s economy and unemployment following the Department of Labor’s release of the June 2011 payroll report. Here are his responses: Question: How does this job market recovery compare to past recessions? Answer: …
June’s job numbers– 9.2 percent unemployment and the creation of only 18,000 new jobs — has brought a fundamental shift in the White House’s message on the economy. The Heritage Foundation’s Michael Franc sums it up: “Bye-bye, hope and change. Hello, denial and defeatism.” In yesterday’s National Review Online, Franc …
Today’s Bureau of Labor Statistics jobs report revealed yet another month of disastrous economic data for the U.S. economy. Heritage’s Rea Hederman, Jr. and James Sherk write in a new report: [T]he June unemployment rate stands at 9.2 percent and that the economy created only 18,000 jobs last month. This is …
There’s no good way to spin the news that came out of today’s monthly U.S. jobs report. The economy generated only 18,000 total new jobs, the unemployment rate increased to 9.2 percent, and the number of unemployed Americans has gone up by 445,000. In other words, the recovery appears to have slowed markedly. …
The jobless rate in America hovers at 9.1 percent. The national debt ticks upwards of $14.3 trillion and small businesses collapse daily due to costly bureaucratic regulations. The President has failed to offer a viable plan that will put America’s economy back on a path to prosperity. It is in this …
Today’s Wall Street Journal has some bad news that most Americans are already painfully aware of. President Barack Obama’s recovery is plodding along at a snail’s pace: Two years ago, officials said, the worst recession since the Great Depression ended. The stumbling recovery has also proven to be the worst …
Sen. Ron Johnson (R-WI) spent 31 years in manufacturing before his election to Congress last November. He’s not letting that experience go to waste. Johnson is out with a new video this morning to coincide with President Obama’s visit to Carnegie Mellon University in Pittsburgh to promote manufacturing. He criticizes …
America’s sluggish economy and mounting debt threaten to change the very fabric of our country as young people delay major life changes. New polling released by the upstart Generation Opportunity reveals the dramatic consequences facing America as the Millennials grow older. A staggering 77 percent of Americans age 18–29 say …
It’s bad enough that nationwide unemployment has risen back to 9.1 percent, but for some Americans that rate is significantly higher. Low-skilled workers, many of whom are African-American, are experiencing the worst of the down economy. The African-American unemployment rate stands at an outrageous 16.2 percent—not a number the Obama …
