Unemployment

If any policy maker watches Michael Moore's new movie, "Capitalism: A Love Story" and is influenced by it - be afraid, be very afraid. Moore appeared on CNN's Sept. 23 "Larry King Live" to promote his movie, but he shared with host Larry King his thoughts on why the stock market has rallied off its lows, despite a rising unemployment. His reasoning - Wall Street likes joblessness, because it's…

As FNC's Sean Hannity devoted his show Hannity on Thursday evening to the plight of California farmers who are suffering unemployment because the federal government is withholding water from their crops in favor of saving endangered fish, Hannity began the show, specially titled "The Valley That Hope Forgot," by interviewing comedian and former Democrat Paul Rodriguez, chairman of the California…

On Thursday's Hannity show, Sean Hannity hosted a special edition of his program -- titled "The Valley That Hope Forgot" -- in Huron, California, where drought-stricken farmers are suffering because the federal government continues to withhold water to save endangered fish, leaving tens of thousands of farm workers standing in line for hours at food banks. As the show aired amidst a rally of…

The National Newspaper Publishers Association (NNPA), also known as the Black Press of America, which is a non-partisan 501(c) 3 tax-exempt organization, has decided to show its disapproval of South Carolina Rep. Joe Wilson's "You Lie" remarks by canceling a convention in the state. "Rep. Wilson's remarks were racist, disrespectful and a disingenuous violation - not only of President Obama - but…

On Friday, Uncle Sam's Bureau of Labor Statistics reported that the nation's unemployment rate rose to a seasonally adjusted 9.7% in August, and that the economy lost another 216,000 seasonally adjusted jobs. In various ways, the press tried to put a happy face on the news and otherwise tried to minimize its impact. It also continued, as it has for years, to ignore what really happened on the…

(image found at townnews.com) Yesterday's Employment Situation Report from Uncle Sam's Bureau of Labor Statistics had lots of dismal news. One of the bigger disappointments, but sadly not one of the bigger surprises, is that the teenage unemployment rate reached an all-time seasonally adjusted high of 25.5%. People who know even a little bit about economics should understand why, but an oddly…

In the same month the United States shed 216,000 nonfarm jobs, our neighbor to the north added 27,100.Canada's unemployment rate is also a full percentage point lower than ours.As American media focus on the just-released August employment data, will they point out this gain in Canada and how much better our neighbor's labor markets are doing than ours?Consider that as the Associated Press…

Try to keep a straight face when you hear this: President Barack Obama isn't getting enough media love. That's the world view of MSNBC "Hardball" host Chris Matthews - at least when it comes to the economy. According to Matthews, there has been a plethora of positive economic news - from a stock market that has shrugged off the threat of bad liberal policy, i.e. cap-and-trade or ObamaCare, to…

During an interview with CBS Evening News anchor Katie Couric on Tuesday, President Obama defended the administration’s handling of the economy: "nobody...anticipated that in the first three months, we would lose 700,000 jobs per month...the severity and the depth of the recession was something that, you know, really exceeded everybody's expectations."However, on the February 6 Evening News,…

Democrat strategist Bob Shrum on Sunday not only praised Reaganomics, but used it as an example as why Americans should be patient in allowing President Obama's stimulus plan to take effect. During the panel discussion on Sunday's "Meet the Press," host David Gregory asked his guests, "Why shouldn't the Republicans, who certainly spent a long time spending a lot of government money and under…

The unemployment rate in June jumped to 9.5 percent, the highest since 1983, as 467,000 jobs were lost, yet the CBS Evening News managed to air a story that didn't mention President Barack Obama or his “stimulus” bill while the NBC story only touched Obama's policies by running a soundbite of the President defending the lack of positive impact so far from his policies: “It took years for us to…

At the Wall Street Journal's Best of the Web today, Jim Taranto noted that it took the Associated Press's Jeannine Aversa until the 15th paragraph of her expanded dispatch on today's Employment Situation Report to find something mildly positive to write.Aversa, who has been one of the wire service's chief silver lining make-up artists during the Obama presidency's disastrous economic stewardship…

As NewsBusters has been reporting, Obama-loving media have been very quick to point out how recent unemployment reports from the Labor Department, though showing HUGE job losses, have been better than analysts expected.The most absurd example was two months ago when a 539,000 decrease in nonfarm payrolls was applauded by many media outlets as being good news. With that in mind, the Labor…

The government of Hungary voted to cut income taxes Monday to pull itself out of recession, and America's media for the most part ignored it.At the same time, German chancellor Angela Merkel is pushing for lower taxes to help her nation's economy, and our press have similarly been less than enthusiastic about sharing the news.One of the exceptions in both cases is the Wall Street Journal which…