Unemployment

Rick Santelli made a stunning observation Wednesday about the shocking report that the economy actually shrunk in the fourth quarter last year. "We are now Europe," he declared on CNBC's Squawk Box.

File this under "careful what you wish for." In 2012, with a Democrat in the White House, union membership declined, not only as a percentage of the workforce, but in absolute numbers. Even though the related report from the Bureau of Labor Statistics revealed that the number of employed wage and salaried workers increased by almost 2.4 million, union membership fell by just under 400,000.…

For the second week in a row, actual (i.e., not seasonally adjusted) unemployment claims as reported by the Department of Labor came in greater than the analogous week in 2012.  At the same time, and also for the second week in a row, the department's seasonally adjusted claims number -- the only one the business wire services ever specifically identify in their reports -- came in lower. In…

Jay Leno went counter to the rest of the media's gushing over the Obama Inauguration Tuesday by actually taking some shots at the current White House resident. Early in his opening monologue, the NBC Tonight Show host said, "There were twice as many people at his first inauguration...because four years ago, twice as many people could afford to stay in hotels” (video follows with transcribed…

Native and long-time Washingtonians see presidential inaugurations every four years, and, for them, they're pretty run-of-the-mill, regardless of one's party affiliation. This is especially true when they're the second go-around for a given president. Washington proper is heavily liberal Democrat, and the outlying suburbs are so too, to a lesser degree, but still, enthusiasm for a presidential…

Former General Electric CEO Jack Welch had some harsh words Monday for the current White House resident. Tweeting during the inauguration, Welch wrote, "[A]ppears Pres. Obama comfortable with high unemployment and huge deficits":

None of the three major wire services covering today's report from the Department of Labor on initial unemployment claims is reporting the major news: For the first time in a long while, actual claims filed during the most recent week ended January 12 were almost 6 percent higher than the number filed during last year's comparable week, an indication that the current employment market may be…

A week ago, Associated Press reporters and their articles' headlines described the nation's job market in positive terms. An early a.m. report on Janaury carried this headline: "U.S. job market resilient despite budget fight." Later that same morning, just before the government's release of that day's employment report, there was this: "Jobs report expected to show underlying economic strength…

On Wednesday's CBS This Morning, Nancy Cordes trumpeted the passage of Senate Democrats' temporary fiscal cliff fix by the House as a "big bipartisan victory", immediately after pointing out that "the votes were about two-to-one Democratic in favor of the bill." Cordes also hyped how the bill is "a milestone, finally settling a decade-long debate over the Bush-era tax cuts," despite the fact…

This is the eighth year I have done shopping and layoff-related searches on how often the words "Christmas" and "holiday" are used. As has been the case since the enterprise began in 2005, news reports are far more likely to refer to the commercial time frame between Thanksgiving and Christmas as the "holiday shopping season." Meanwhile, compared to shopping references, news reports are…

Former Newsweek editor Evan Thomas made a bizarre statement on PBS's Inside Washington Friday. "Unexplored story of the year: white men dropping out - dropping out of the workforce, dropping out of elections, just plain dropping out, getting social security, not doing anything, going hunting, fishing, just not in the game" (video follows with transcript and commentary, file photo):

Here’s something I bet you thought you’d never see at the perilously liberal Huffington Post. In a Dean Baker article published Tuesday with the astonishing title “There Is No Santa Claus and Bill Clinton Was Not an Economic Savior,” the second sentence read, “Just as little kids have to come to grips with the fact that there is no Santa Claus, it is necessary for millions of liberals,…

Today's news from the Department of Labor on initial weekly unemployment claims was supposedly good -- as long as one doesn't scratch beneath the surface. Journalists used to do that. Today they didn't. All one had to do is reach the third paragraph of DOL's release to realize that today's seasonally adjusted claims number of 343,000, touted as the lowest in two months in several news reports…

On Wednesday, CBS This Morning shipwrecked its aim to be the hard-news alternative to ABC's Good Morning America and NBC's Today. Its only coverage of the passage of the right-to-work law in Michigan was a clip of Comedy Central's Jon Stewart ripping the legislation. Anchors Charlie Rose and Norah O'Donnell laughed on air in reaction to Stewart's shtick, with O'Donnell adding, "That's pretty…