By Robert Romano It has been more than six months since the COVID-19 state-led lockdowns began, and although 14.1 million out of 25 million jobs lost have been recovered since labor markets bottomed in April, several federal programs that were created or expanded in the CARES Act are beginning to expire or already have. The small business forgivable […]
By Robert Romano Another 275,000 jobs were added to the U.S. economy in the month of September, according to the Bureau of Labor Statistics’ (BLS) household survey , and 661,000 in the establishment survey , adding to the miraculous economic recovery that has taken place since COVID-19 lockdowns this spring as […]
By Rick Manning No President in our lifetimes has been tougher on China than President Donald Trump. The Trump administration has courageously and steadfastly taken on China’s many trade abuses, threats to national security and human rights abuses. His Art of the Deal got China to agree […]
By Robert Romano “We have a higher deficit with China now than we did before.” That was former Vice President Joe Biden in the first presidential debate versus President Donald Trump, claiming that the U.S. trade in goods deficit with China is greater now than it was four years ago. Here’s […]
Photo credit: 401kcalculator.org By Richard McCarty On Sept. 29, the U.S. Senate voted to adopt a continuing resolution that will carry forward current spending levels until Dec. 11, after the election, setting up a year-end battle over an omnibus spending bill. With control of both the White […]
By Robert Romano At the height of the COVID-19 pandemic, when a lot less was known about the virus and how to counter it, and while the nation was still ramping up production of testing and hospital resources including ventilators needed, 25 million jobs were lost across […]
By Richard McCarty It is that time of year again. The air is getting crisp. Air conditioners are finally getting a break. Sweaters are reappearing, and swimsuits are disappearing for another year. Stores are filled with rustic fall decorations and Halloween candy. The usual crowd is delighted […]
By Rick Manning A survey conducted by the American Federation of Government Employees in August found 56 percent of federal employees were still working from home via telework amid the COVID-19 pandemic. If representative of the currently estimated 2.2 million federal civilian workforce , that would mean about 1.2 million federal employees are working […]
By Catherine Mortensen This morning, my son, a high school senior doing virtual learning, texted me, “I didn’t get out of bed for first period.” I replied, “Yikes!” To which he shot back, “It’s okay, I just did the class from bed.” This cannot be a thing! […]
By Robert Romano Another 1 million Americans left continued unemployment claims the week of Sept. 5 on an unadjusted basis, the latest data from the Department of Labor shows. That brings the number collecting unemployment from its 13.8 million Aug. 29 level, and from its 22.8 million May 9 […]
