Tag: rate

Economy added over 200,000 jobs last month

From BLS: Total nonfarm payroll employment rose by 204,000 in October, and the unemployment rate was little changed at 7.3 percent, the U.S. Bureau of Labor Statistics reported today. Employment increased in leisure and hospitality, retail trade, professional and technical services, manufacturing, and health care. Household Survey Data Both the number of unemployed persons, at 11.3 million, and the unemployment rate, at 7.3 percent, changed little in October. Among the unemployed, however, the number who reported being on temporary layoff increased by 448,000. This figure includes furloughed federal employees who were classified as unemployed on temporary layoff under the definitions used in the household survey. (Estimates of

Read More
Mitt Romney lies – same as it ever was

(I wrote this for the Urban News several days ago. I wrote it before the vice presidential debate.) The new wave band, Talking Heads, had a song called “Once in a Lifetime.” There was a refrain in that song in which the lead singer, David Byrne, hauntingly sang, “Same as it ever was, same as it ever was.” As I watch the debates, I was thinking just that: “same as it ever was.” Just a few months ago, I wrote a column for the Urban News that was entitled “Lies and More Lies,” in which I outlined Mitt Romney’s loose affiliation

Read More
Krugman – How to fix the economy

This is easy. He has been saying this for years. Fixing the economy – inject capital into state and local governments. Hire back the state and local workers. This would drop the unemployment rate and really get our economy moving in the right direction.

Read More
Subscribe for updates!
ABOUT AUTHOR
Errington C. Thompson, MD

Dr. Thompson is a surgeon, scholar, full-time sports fan and part-time political activist. He is active in a number of community projects and initiatives. Through medicine, he strives to improve the physical health of all he treats.

Books

A Letter to America

The Thirteeneth Juror

Where is The Outrage Topics
Categories
FOLLOW ME ON