US Jobs Report January 2018

The good news “Total nonfarm payroll employment increased by 200,000 in January, and the unemployment rate was unchanged at 4.1 Continue reading →

American Savings Sink

“In December, the personal savings rate dropped to 2.4 percent, its lowest level since 2005.” – Slate Americans don’t save, Continue reading →

Popular Posts 2017

Artificial intelligence programs have developed their own language for talking with each other. “SOCIETY could collapse at some point in Continue reading →

Data That Matters December 2017

The fraction of American children who eventually earn more than their parents fell from 90% after World War II to Continue reading →

November 2017 US Jobs Report

The good news: Jobs are up 228,000, which beat expectations of 195,000. Unemployment remains low, at 4.1%. The not so Continue reading →

Fewer Children Surpassing Parents

A standard belief is that each generation will do better than the previous, that kids will have better financial lives Continue reading →

Data That Matters July 2017

A major disaster increases poverty by about one percent, and heightens inequality. The US added 222,000 jobs, had 4.4% unemployment, Continue reading →

US Jobs Report June 2017

Here are some nice repeating numbers: 222,000 jobs added and an unemployment rate of 4.4%. The number of jobs added Continue reading →