Posts Tagged ‘created


rise and shine

White House


11:00: VP Biden delivers remarks in Rochester, N.H.

1:00: PBO delivers remarks at UPS Las Vegas South.

3:05: PBO departs Las Vegas en route to Buckley Air Force Base, Colo.

4:35: PBO arrives at Buckley Air Force Base, Colo.

5:30: PBO delivers remarks.



AP: The number of people seeking unemployment benefits rose last week to a seasonally adjusted 377,000, up from a nearly four-year low the previous week. But the longer-term trend is pointing to a healthier job market.

Applications have trended down over the past few months. The four week average has declined to 377,500. When applications fall consistently below 375,000, it tends to signal that hiring is strong enough to lower the unemployment rate. Some economists say the figures suggest further job gains ahead…..

More here

Reuters: New orders for manufactured goods rose in December and a gauge of future business investment rebounded, while new claims for jobless benefits rose only moderately last week, suggesting the labor market was still healing.

Durable goods orders climbed 3.0 percent, the Commerce Department said on Thursday. Economists had forecast orders rising 2.0 percent …. Orders last month were buoyed by 5.5 percent increase in bookings for transportation equipment as orders for civilian aircraft surged 18.9 percent….

“What it does tell you about going into the new year is that there’s some momentum here,” said Jacob Oubina, an economist at RBC Capital Markets in New York.

More here



Ed Kilgore (Washington Monthly): As Paul and Steve announced yesterday, I am taking on the daunting task of succeeding Mr. Benen at Political Animal. I read every single comment following Steve’s announcement of his new gig, and am awe-struck by the devotion he has inspired from a very well-informed readership.

Full post here


TPM (thanks Loriah)


Morning everyone, that was a very short Rise and Shine, but will catch up properly later 😉


whisper it…

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Thank you Proud


he’s destroying the private sector, you know

Monthly job losses/gains in the private sector since January 2008 – red columns for Bush, blue for President Obama (not updated to include March figures) (Source)

Bloomberg: Companies in the U.S. added more workers in March, a sign the labor market may be strengthening, data from a private report based on payrolls showed today.

Employment increased by 201,000 workers in March after a revised 208,000 gain in February, according to figures from ADP Employer Services….

Gains in capital investment and consumer spending are prompting companies like General Motors to boost staff, helping the U.S. weather the highest energy prices in more than two years…..

“This data is pointing to a turnaround in labor-market conditions,” Joel Prakken, chairman of Macroeconomic Advisers LLC …. “It’s pretty clear that employment now has in fact accelerated. Equally encouraging is the breadth of the strength.”

More here







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December 2021