The Israel Deception

Is the return of Israel in the 20th century truly a work of God, or is it a result of a cosmic chess move to deceive the elect by the adversary?

Showing posts with label employment. Show all posts
Showing posts with label employment. Show all posts

Friday, April 1, 2016

Jobless claims jump to highest rate in two years, bringing new questions on recession

Contrary to the ‘head on the sand’ rhetoric that is coming from the Fed and mainstream business news regarding jobs, employment, and how the economy is really doing, the bottom line numbers have already signaled recession in the manufacturing side of the economy, and all that remains is for the service sector to hop on board.  But as the central bank Chair earlier this week pointed towards uncertainty in the markets that are now having an effect on their ability to raise interest rates as promised in December, new data out today pretty much ensures there won’t be a rate hike for at least several months, if not at all for the rest of the year.
This is because on March 31, new jobless claims numbers came in and they were discovered to be at the highest rate in two years.
With both ISM Manufacturing and Services employment indices collapsing, endless headlines of layoffs, Challenger-Grey noting Q1 as the worst since 2009, and NFIB small business hiring weak, it is no surprise that initial jobless claims is finally waking up. For the 3rd week in a row - the longest streak since July 2015. The last 3 weeks have seen a 9.1% surge in jobless claims - the biggest such rise since April 2014. - Zerohedge
jobless claims
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Friday, March 14, 2014

New economic report shows Wall Street’s ‘weather’ excuse a fraud

In last week’s Beige Book, the Federal Reserve blamed harsh weather as being the primary factor for a slowing economy.  This report also came after several Wall Street banks, brokers, and analysts used harsh weather as an excuse when over 20 indicators came in below expectations this winter.
However, RBC Capital Markets came out with a newly detailed report on March 11 showing how consumers actually increased their spending overall in two categories, but that these numbers simply validated what most true economists already knew… that the retail economy is in a massive recession and is a long way from any legitimate recovery.
 
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Monday, December 12, 2011

The Chinese Disneyland no one goes to

China is famous now for building cities no one lives in, tearing them down, and then rebuilding them just to keep employment up, and social unrest down.  But few know the plagarism capital of the world also built a Disneyland type complex, that like the ghost cities, is vacant and without visitors.

Situated on an area of around 100 acres, and 45 minutes drive from the center of Beijing, are the ruins of ‘Wonderland’. Construction stopped more than a decade ago, with developers promoting it as ‘the largest amusement park in Asia’. Funds were withdrawn due to disagreements over property prices with the local government and farmers. So what is left are the skeletal remains of a palace, a castle, and the steel beams of what could have been an indoor playground in the middle of a corn field. - Photographers Blog. Reuters

(photo courtesy of fadedandblurred.com)




New report shows housing and unemployment go hand in hand

While it has been conjectured for decades that there is a correlation between housing builds, prices, and growth and employment in the US, a new report shows just how strong that correlation is.

Additionally, as the FED has kept interest rates (mortgage rates low), home sales have not increased, and in fact have fallen because unemployment has increased.





So... with the FED mandates of employment and controlling inflation thrown out the window since 2007, do not expect housing prices or sales to increase anytime soon, as the Fed is lost in the wilderness on how to improve both.