Category Archives: Economy

April’s Unemployment Rate Means Good News for Graduates Seeking Jobs

Posted on May 14, 2019 by matt ohern

With the U.S. unemployment rate at a nearly 50-year low of 3.6 percent in April, this year’s graduates should have an easier time finding jobs than their predecessors. And even better news is that wages for employees at private nonfarm … Continue reading →

Posted in Economy | Comments Off on April’s Unemployment Rate Means Good News for Graduates Seeking Jobs

Economic Impact: Time will tell how dangerous this simple curve is

Posted on April 30, 2019 by matt ohern

Talk of recession has picked up again. The reason might sound complicated, but the principle is fairly basic. In financial parlance, we’re talking about the inversion of the yield curve. Here’s what that means … and how it might take … Continue reading →

Posted in Economy | Comments Off on Economic Impact: Time will tell how dangerous this simple curve is

How Government Creates Poverty

Posted on April 18, 2019 by matt ohern

Government is much better at creating poverty than at curing it. On April 3 the General Assembly voted to end the practice of suspending driving licenses for non-payment of fines or restitution or both and ordered Department of Motor Vehicles to restore … Continue reading →

Posted in Economy | Comments Off on How Government Creates Poverty

Participation Rate for People in Their Prime Working Years is Growing

Posted on March 19, 2019 by matt ohern

In Federal Reserve Chairman Jerome Powell’s semiannual monetary report to Congress last month, he said he was encouraged by the “solid” increase in the labor force participation rate over the past year. This rate represents the percentage of Americans 16 … Continue reading →

Posted in Economy | Comments Off on Participation Rate for People in Their Prime Working Years is Growing

Progressives Perpetuating Poverty

Posted on February 20, 2019 by matt ohern

Amazon’s decision to scrap a $2.5 billion investment in New York City has emboldened far-left progressives in Northern Virginia to oppose the e-commerce giant’s plans for plans to build an East Coast headquarters in Arlington. Critics of HQ2 are targeting … Continue reading →

Posted in Economic Development, Economy | Comments Off on Progressives Perpetuating Poverty