I am a regular "Joe" may be not a plumber but a regular average next door guy who is concerned with USA economy. Currently underemployed and with a $ 250 000 in student loans and with a bankruptcy filed not long time ago my passion for the state of the economy arouse ... My purpose is to gather information from different journals and or blogs and help those fellows americans interested in the economy have a broader perception of what really is happening.
Federal,State and local governments plus residential and commercial construction has seen a decline of .3% on federal government, .4% for non-residential which means commercial (offices, etc) and the residential experience the biggest chunk...Yet lennar corp, the third biggest homebuilder company, reported revenues by reducing administrative costs ( i bet it means workforce) and incentives ...The economy is resilient and strong ... private sector is cutting workforce left to right, states and local government are doing the same yet the Department of labor declares a decrease on unemployment...but what they dont mention is that old claims once have used all their benefits they go to a different system and program making the labor department to not count those unemployed that extinguished their benefits and still unemployed...second the new claims obviously are less how much you can trim without affecting your business? anyway budget for states are due in summer while others during spring...as i am aware of we need to produce 100 000 or more every month in order to get back to pre-recession unemployment rate: march reported 40 000 jobs so we are 60 000 short so we can roll over those and expect a 160 000 new jobs to be created during april ... judging by the scenario we will be dragging and rolling over for a while .... well just keep that in mind
Federal,State and local governments plus residential and commercial construction has seen a decline of .3% on federal government, .4% for non-residential which means commercial (offices, etc) and the residential experience the biggest chunk...Yet lennar corp, the third biggest homebuilder company, reported revenues by reducing administrative costs ( i bet it means workforce) and incentives ...The economy is resilient and strong ... private sector is cutting workforce left to right, states and local government are doing the same yet the Department of labor declares a decrease on unemployment...but what they dont mention is that old claims once have used all their benefits they go to a different system and program making the labor department to not count those unemployed that extinguished their benefits and still unemployed...second the new claims obviously are less how much you can trim without affecting your business? anyway budget for states are due in summer while others during spring...as i am aware of we need to produce 100 000 or more every month in order to get back to pre-recession unemployment rate: march reported 40 000 jobs so we are 60 000 short so we can roll over those and expect a 160 000 new jobs to be created during april ... judging by the scenario we will be dragging and rolling over for a while .... well just keep that in mind
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