Truly Unemployed US Citizens

The traditional unemployment numbers come with so many asterisks that we’re accustomed to ignore them. While the official US unemployment Continue reading →

Record US Unemployment June 4 2020

Check back through some of this blog’s recent posts and find that the US had record unemployment of 3.2 million Continue reading →

US GDP Contraction 1Q20

No surprise, the US’s Gross Domestic Product rate went negative in the first quarter of 2020, down 4.8%. That’s comparable Continue reading →

Record US Unemployment May 1 2020

Every week has added to last month’s record US unemployment. Some recent weeks have singly been ten times the previous Continue reading →

Oil Crashes To Negative Prices

A few years ago the fear was Peak Oil, oil reaching $1,000/barrel prices. Thanks to renewable energy advances, manipulated supply Continue reading →

Preparing For Corporate Defaults

Unemployment is spiking. Personal financing is being challenged. Looking at the stock market it is easy to assume that corporations Continue reading →

Record US Unemployment 040220

A previous post chronicled the sudden rise in unemployment in the US from a previous record ~600,000 to over 3,200,000. Continue reading →

Record US Unemployment 032620

During the worst of the Great Recession, US unemployment claims peaked at about 600,000. The previous worst on record was Continue reading →