Forrest Love

The jobs still aren't here yet

Friday's Bureau of Labor Statistics payroll numbers closed out a year of disappointment for job seekers, investors, and the economy at large. The U.S. economy shedded some 85,000 jobs in December despite increased consumerism online and at...

Congress set to vote on new federal debt ceiling on Christmas Eve

Today Congress finalized a December 24th date for voting on raising the federal government's debt limit for next year. There won't be a lot of bipartisan support to raise the debt ceiling, expect...

The final stages of health care reform

(Reuters)As predicted, health reform is passing through the senate. At 1am today, the senate completed the vote to limit debate on its health care reform package. The vote was the first of 4 this week that will culiminate around...

Time to let the grown ups talk

AP8, 7, and 46. That is how many civil rights acts, Medicare acts, and social security acts there have been since each ideas inception, respectively. In this era of shortsighted 24 hour cable news cycles, Americans forget that the key...

Politicians continue to fight as the economy improves

Friday’s expectation exceeding retail sales report from the Commerce Department and Reuters/University of Michigan consumer sentiment index survey are good news for out of work Californians. Wall Street is now on track for a 14 month...

Politics already overshadowing new jobs program

President Obama speaking at the Brookings Institute and Congressman Ed Royce (AP) Amid growing cries from the public and congressional members to do more about the country's double digit unemployment rate and $1.8 trillion dollar...

Jobs report is not enough to calm democratic fears about 2010

With the patience of the American people, and some in congress, with the administration’s economic efforts growing thin in recent weeks. Today’s Bureau of Labor Statistics’ November jobs report came none too soon. With only...

Want to know where the jobs are?

With such a successful Black Friday behind us, it seems like the right time to revisit the job market outlook- since a return of the consumer is crucial to the economy improving.Here’s a great article on national...

Saturday Night Live teaches economics to millions

In case you missed Saturday Night Live this week, a very wonky (and funny) econ discussion made it in to the opening skit. Even though the SNL crew...

Unemployment will stay high in California through fall 2010

As if California’s state budget woes weren’t enough. Even though most economists are predicting a some hiring across the country starting midyear 2010, California’s unemployed masses will not be among the fortunate. California...

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