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Blockbuster 312K Jobs ‘Good for the Economy,’ ‘Working People’
Business
The December jobs report crushed expectations on Jan. 4, with 312,000 jobs added, a strong participation rate, wage gains and two months of upward revisions. That was 136,000 jobs more than expected.
Whatever Happened to Skid Row?
WASHINGTON -- Homelessness is up for the second year in a row. That is no surprise to me. I spent the last few days in New York City, where it seems the homeless are as numerous as the tourists. They are everywhere. Not that they are not numerous in our nation's capital, too. I returned to Washington by the train, and there are areas of Union Station that are as populated with homeless people as…
Top 10 Ways Media Spun, Censored or Got Business Plain Wrong in 2018
Business
The liberal media were at it again in 2018, continuing to misreport, exaggerate, censor and spin business and economic news.
Some moments were laughable, such as when a New York Times reporter implied America no longer uses coal for energy. Others, such as the warning of a “climate genocide,” were no laughing matter.
CBS Skips November Jobs Report, ABC Pessimistic
Business
The U.S. created 155,000 jobs in November. Although it was lower than forecasts the number was “not bad.” In fact, it’s still more jobs than are needed to keep up with population growth and drive down the already low unemployment rate. But that’s not how the networks covered it.
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CNN Anchor's Positive News: 'This Is What You Call Full Employment'
The Right Scoop professed surprise that CNN morning anchor Christine Romans reported on the latest unemployment figures without the usual agony over the Trump administration.The jobs number was "weaker than expected," they said. But Romans suggested the expectations were too high at this "very low" unemployment rate:
WashPost Skips the Pinocchios as Liberal Gillibrand Mangles Job Data
The Washington Post Fact Checker is constantly slinging its Pinocchios at Donald Trump, calling him out for lying here, there, and everywhere. But when a liberal Democrat presidential aspirant like Sen. Kirsten Gillibrand messes up, curiously, somehow the Pinocchios get stuck and won't come out of the box. On November 15, Fact Checker Glenn Kessler wrote a piece titled "Gillibrand's cascade of…
Study
Record-Low Hispanic Unemployment Ignored on Univision, Telemundo
Latino
At the nation’s top two Hispanic television networks, the annual “Day of the Dead” celebrations were more important than tens of thousands of Latinos in the U.S. getting jobs, and driving unemployment among Latinos to yet another record low.
Weak Before Midterms: CBS, NBC Barely Cover Strong Economy Before Vote
Business
As voters head to the polls this Election Day, one thing on many of their minds is the U.S. economy. They just haven’t seen much of it on the network news.
The liberal media know the economy is one of the top issues for voters, yet broadcast network evening shows provided scant coverage of it the week before the elections in spite of an 18-year-high for consumer confidence and a 250,000 jobs…
American Hustle: NBC Spends 2X as Long on Movie Ratings as 250K Jobs
Business
With the election looming, the addition of a quarter million new jobs in October, grabbed headlines. But NBC Nightly News gave more than twice as much attention to the hot topic of celebrating Hollywood’s movie rating system.
CNBC: Consumer Confidence Hits 18-Year High Thanks to Jobs, Wages
Business
With one week to the midterm elections, the Conference Board released its latest survey of consumers showing their confidence soared to an 18-year high and also found high expectations for early 2019. This might well surprise many news consumers given how little effort the media have spent reporting on the good economy.
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Historically Low Unemployment Gets Attention of Hispanic TV Networks
Latino
In a sharp reversal from what occurred this past summer, when record-low Hispanic unemployment was met with absolute silence on the nation’s leading Hispanic television newscasts, the October 5 news from the U.S. Department of Labor that the national unemployment rate had reached a nearly 50-year low and that Hispanic unemployment had fallen to a record low received significant coverage on all…
SNL Milestone Gets Double the Coverage Of 3.7% Unemployment
Business
Unemployment dipped to the lowest rate since December 1969 in September, but ABC, CBS and NBC evening news shows only spent exactly one minute combined sharing the strong economic news.
Networks Ignore Fed Praise for Economy’s ‘Extraordinary Times’
Business
Federal Reserve chairman Jerome Powell expressed optimism about the “extraordinary times” for the U.S. economy right now at an event with business economists on Oct. 2.
Powell said, “The economy is strong, unemployment is near 50-year lows, and inflation is roughly at our 2 percent objective, and the baseline outlook of many forecasters in and outside the Fed is for more of the same.”
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UPDATE: Latino Economic Boom Acknowledged By Telemundo
Latino
Telemundo’s principal national evening newscast took note of widespread economic gains among U.S. Latinos — including unemployment below 5 percent for the fifth consecutive month - during coverage of President Trump’s big kick-off celebration of Hispanic Heritage Month at the White House.
