Archive for February, 2010

Unemployment Rate May Be Worse Than You Think

The Bureau of Labor Statistics reported a decreased unemployment rate of 9.7 percent in January. At the same time, economist John Williams from Shadow Stats estimated the SGS Alternate Unemployment Rate to be between 22 and 21 percent. Williams explains how the two calculations differ: The seasonally adjusted SGS Alternate Unemployment Rate reflects current unemployment [...]

Labor February 10, 2010 7:30 pm 0 Comments

City University of New York: Lessons For Louisiana?

A new study published by the Pelican Institute addresses the issue of unprepared students and institutional mismatch in Louisiana’s higher education system. As reported in the study, Louisiana has lower rates of high school completion, lower average test scores, and fewer students taking college-preparatory classes than most other states. The City University of New York [...]

Uncategorized February 10, 2010 6:57 pm 0 Comments

A New Record: $1.6 Trillion Deficit for the United States

President Obama has announced his 2011 budget proposal. When FY 2010 ends on September 30 the deficit will total to $1.6 trillion, much higher than the Congressional Budget Office’s forecast. The Bush tax cuts will expire at the end of this year and if Obama extends their term, the federal deficit estimates will be even [...]

Budget February 1, 2010 2:13 pm 0 Comments
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