First Time Since Carter Years, Productivity Drops for Third Consecutive Quarter

First Time Since Carter Years, Productivity Drops for Third Consecutive Quarter

From FoxNation:

More hope and change in the Age of Obama, via the Wall Street Journal:

Jobless claims came in at 409,000, just a little higher than the 407,000 economists expected. The prior week’s claims were revised up, as they always are, to 421,000 from 417,000. This level of claims is really too high and indicates the job market isn’t healthy, even if it’s not quite on its deathbed.

Second quarter productivity was revised down to a decline of 0.7%, the biggest drop since the fourth quarter of 2008, from a first reading of -0.3%. It has fallen for three quarters in a row, for the first time since 1979.

Though neither of these indicators are good, the productivity number is particularly depressing.

 

Enhanced by Zemanta

Get Free Email Updates!

Signup Now to Receive Updates and Alerts!

We will never give away, trade or sell your email address. You can unsubscribe at any time.

@stevenfoley

A former U.S.Marine, he is the Creator of The Minority Report Network. He is also the Founder and Managing Editor of the Network’s flagship site, www.theminorityreportblog.com, Former Director of New Media for Liberty.com, Former Director of New Media for Liberty First PAC, and the Former Chief Managing Editor of 73Wire.com. Steve is a well respected national conservative blogger who’s dedicated the past several years of his life advancing conservatism online. Recently Steve was instrumental in the development of Liberty.com, Liberty First PAC, The Patriot Caucus, the national campaign trail and grassroots news site73wire.com.

More in

meggido

The Coming of Tel Meggido

Frank McHaleMar 31, 2015
646

DARPA wants an army of drones to overwhelm the enemy

Candice LanierMar 31, 2015
unnamed

Obamacare Needs More than Just a Court Fix

Steve FoleyMar 31, 2015
20E537C400000578-0-image-a-46_1426971688749

ISIS: The Fourth Reich

Steve FoleyMar 31, 2015
15-0331 Sharia Law

Why WalMart is Bowing to Sharia Law

Michael BeckerMar 31, 2015
2804607

Indiana Law: Bill Clinton, Ted Kennedy and the law it was modeled after.

Steve FoleyMar 31, 2015

The Minority Report is a network of websites devoted to Conservative & Libertarian politics in the United States. In 2014 the network had over 20 million page views!

On this site you'll find posts & links to some of the best and most comprehensive center-right news and opinion on the net...

September 2011
M T W T F S S
« Aug   Oct »
 1234
567891011
12131415161718
19202122232425
2627282930  

Archives

Copyright © 2014 The Minority Report Network