Unemployment

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For Confronting Critic, Morning Joe Creams Cruz, Hails Hillary
May 3rd, 2016 10:24 AM
One of our media bias categories at NewsBusters is Double Standards. There was a classic example of the phenomenon on today's Morning Joe. The show's running theme was relentless mockery and ridicule of Ted Cruz for crossing the street yesterday to calmly debate a group of Trump supporters.
But later in the show, when a clip was run of Hillary being confronted by a West Virginian over her boast…

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CNN's Camerota Hounds Fiorina Over Outsourcing, 'Stunt' Role
April 28th, 2016 3:12 PM
CNN's Alisyn Camerota tossed mostly hardballs during her interview of Carly Fiorina on Thursday's New Day, especially on the issue of outsourcing. Camerota first cited how the former HP executive was "very honest about the jobs...[she] outsourced" back in 2004, and wondered, "Do you fear that your take back then — and the outsourcing — will come back to haunt you in Indiana?" The anchor followed…

Bloomberg: As 'Microscopic' Growth Looms, Lower Your Expectations
April 27th, 2016 12:08 PM
Just in time for tomorrow's first-quarter economic growth announcement from the government, Bloomberg Businessweek's Economics Editor is telling readers: "Don't Sweat America's Upcoming Microscopic GDP Growth."
Besides, Peter Coy writes, people need to get used to the supposedly inescapable fact that "Normal growth for the U.S. economy is just a lot lower than it used to be." Americans shouldn't…

Former WashPost Reporter Botches Coverage of Food Stamp 'Cuts'
April 21st, 2016 9:18 PM
As the Washington Free Beacon reported today (confirmed here in a chart published two weeks ago), the number of Americans enrolled in the Supplemental Nutrition Assistance Program (SNAP), traditionally known as Food Stamps, dropped below 45 million for the first time in almost five years (actually, 57 months) in January.
This is hardly cause for cheer, and does nothing to change the fact that in…

Press Ignores Weak U.S. and World Economy's Impact on Intel's Layoffs
April 19th, 2016 11:38 PM
In another blow to the U.S. and worldwide economy, chipmaker Intel announced today that it is reducing its worldwide workforce by 12,000 people, a cut of 11 percent.
Of course, there are tech-related reasons why the company made the move, most notably the shift by some users to tablets and smartphones, where the company's market penetration has been weak and almost non-existent, respectively, as…

In Fla. Governor's Starbucks Saga, AP Claims 'Allege(d)' Job Creation
April 15th, 2016 1:46 PM
For better or worse, the press, Wall Street and others routinely place a great deal of faith in the federal government's payroll employment estimates.
But when Republican Governor Rick Scott's supporters cited data from Uncle Sam's Bureau of Labor Statistics to defend him against an insufferably rude leftist who started screaming and cursing at him in a Starbucks coffee shop, Associated Press…

AP: Min. Wage Job Losses 'Uncertain'; 2 States Show It's a Sure Thing
April 10th, 2016 11:55 PM
On Tuesday, shortly after Governor Jerry Brown signed California's $15-an-hour minimum wage legislation, the Associated Press's Michael R. Blood and Don Thompson called the move "a victory for those struggling on the margins of the economy and the politically powerful unions that pushed it."
As seen in a NewsBusters post on March 31, it's definitely a win for union members whose wages are set…

Left's Unreported Belief: High Job-Killing Minimum Wages Are Okay
April 6th, 2016 9:24 PM
Perhaps this is why the press has been reluctant to cite economists who are predicting that sharp increases in state minimum wages like the $15-per-hour minimums just passed in California and New York will reduce employment: They're with many of their lefty brethren who don't care whether jobs are lost. So they must believe that no one else should care either.
At the Washington Post's WonkBlog…

AP's Econ Writers Hype 'Healthy' Job Market, Ignore Flat Pay
April 4th, 2016 5:02 PM
The Associated Press, the nation's de facto business news gatekeeper for those who don't follow the economy or the markets closely, is telling America that the U.S. job market is fine, and ignoring the dismal results seen in weekly pay during the past several months.
Christopher Rugaber's Friday evening coverage of the government's jobs report earlier in the day described the reported 215,000 in…

NYT's Calmes Puzzled Why Obama Not Thanked for Saving Blue-Collar Town
April 4th, 2016 9:23 AM
New York Times reporter Jackie Calmes got a prominent Sunday front-page spot for a rather humdrum story on economic recovery in a blue-collar Indiana town and why President Obama wasn’t getting the credit he deserved for it. Racism, perhaps? The puzzled headline: “Political Discontent Festers in Indiana Town Despite Jobs Surge.” Online it was more explicit: “Obama Gets Scant Credit in Indiana…

AP Ignores Weak Data, Their Own Reporting in Creating Economic Fable
March 31st, 2016 11:09 PM
In covering Thursday morning's report from the Department of Labor on initial unemployment claims, one of a relatively few economic reports showing strength these days, Associated Press reporter Scott Boak spread his enthusiasm over the result to the entire economy. It wasn't justified.
It's as if the poor guy has missed most of the pertinent other economic news during the past week, most of…

California's $15/Hr. Min. Wage Gives Public Union Employees Big Raises
March 31st, 2016 9:01 PM
A Los Angeles Times story by Liam Dillon and Patrick McGreevy hailed the "historic" increase in the state-mandated minimum wage to $15 an hour.
Apparently giddy with excitement, the pair also unwisely told readers that many public-sector employees who earn far more will be receiving big raises as a result of the legislation with having to bother negotiating with the government entities involved…

Mark Zandi, Economy's Cheerleader, Gave the Max to Hillary Last Year
March 30th, 2016 10:35 PM
Mark Zandi, Moody's chief economist, comments monthly on the ADP private-sector employment report his firm compiles. He is "often quoted in national and global publications and interviewed by major news media outlets, and is a frequent guest on CNBC, NPR, Meet the Press, CNN, and various other national networks and news programs."
Zandi has also been the economy's head cheerleader during much of…

Time and the Left Trot Out 75 Year-Old Excuses For the Poor Economy
March 29th, 2016 11:58 PM
It's so predictable.
Whenever a government or leader follows the left's playbook and the results "uexpectedly" don't turn out to be anywhere near what was desired, it isn't the policies' or the leader's fault. No-no-no. During the Mayor David Dinkins era in New York City, it was because Gotham had become ungovernable by any human being – until Rudy Giuliani took over. During the Carter Era, the…