Tim McMahon, Editor of UnemploymentData.com

My grandfather lived through the Hyperinflation in Weimar, Germany--to say he was an original “gold bug” would be an understatement. I began reading his “hard money” newsletters at the age of 16 and the dividends from gold stocks helped put me through college. I began publishing the Financial Trend Forecaster paper newsletter in 1995 upon the death of James Moore editor of Your Window into the Future and the creator of the Moore Inflation Predictor©. FTF specializes in trends in the stock market, gold, inflation and bonds. In January of 2003, I began publishing InflationData.com to specialize in all forms of information about the nature of Inflation. In 2009, we added Elliott Wave University to help teach you the principles of Elliott Wave analysis. In January 2013, we began publishing OptioMoney. Connect with Tim on Google+.

About Tim McMahon

Work by editor and author, Tim McMahon, has been featured in Bloomberg, CBS News, Wall Street Journal, Christian Science Monitor, Forbes, Washington Post, Drudge Report, The Atlantic, Business Insider, American Thinker, Lew Rockwell, Huffington Post, Rolling Stone, Oakland Press, Free Republic, Education World, Realty Trac, Reason, Coin News, and Council for Economic Education. Connect with Tim on Google+

October Unemployment Rate Down Again

On Friday November 3rd the U.S. Bureau of Labor Statistics (BLS) released their monthly employment survey results for the month of October. According to the BLS, the current “Seasonally Adjusted” Unemployment Rate for October is 4.1% DOWN from 4.2% in September and 4.4% in August. Seasonally Adjusted U-3 unemployment was 4.8% in January and 4.9% a year ago (October 2016). The current “Unadjusted” rate is 3.9% down from 4.1% in September and 4.5% in August. Unadjusted U-3 was 5.1% in January and 4.7%  a year ago (October 2016).

How to Handle Getting Laid-Off Without Warning

Getting laid-off without any prior warning can be devastating. You must deal with a wide range of emotions after hearing the news, and you have to plan for the future. You might be upset, but you cannot let your emotions control your reaction. Here are some practical steps you can take when facing this uncertain situation.

September Unemployment Rate Down

On Friday October 6th the U.S. Bureau of Labor Statistics (BLS) released their monthly employment survey results for the month of September. Every month the BLS conducts two surveys one contacts a sampling of households and the other collects data from businesses. Then they massage some of the numbers to “Seasonally Adjust” them and release them to the media.

According to the BLS, the current “Seasonally Adjusted” Unemployment Rate for September (released October 6th) is 4.2% DOWN from 4.4% in September. The current “Unadjusted” rate is 4.1% down from 4.5% in August. Seasonal adjustment provides something like a moving average leveling out the bumps due to normal seasonal variations. See: Unadjusted vs. Seasonally Adjusted Unemployment Rate for more information about Seasonal Adjustment.

August Unemployment Numbers

The U.S.Bureau of Labor Statistics (BLS) released the August unemployment numbers today. The BLS Commissioner says: “Nonfarm payroll employment increased by 156,000 in August, and the unemployment rate was little changed at 4.4 percent. Job gains occurred in manufacturing, construction, professional and technical services, health care, and mining. Employment growth has averaged 176,000 per month thus far this year, about in line with the average monthly gain of 187,000 in 2016.”  

4 Ways Small Businesses Are Changing Ancient POS Trends

As a business owner, it is important that you set up convenient payment options for your customers to use when buying your products or services. An inconvenient, stressful or untrustworthy payment process can result in lost sales and the likelihood that some customers will take their business elsewhere. Technology for point-of-sale (POS) systems has dramatically improved in recent years, and this makes it easier for your company to obtain payments immediately from customers while also providing them with the more convenient methods of payment they desire. By learning more about the modern solutions available for point-of-sales systems, you may be able to improve your operations, make it easier for cashiers and increase customer satisfaction.

How to Stop Burnout and Build Momentum in Your Career

Finding a job in the career you have always wanted is a dream come true. However, remaining in the same occupation for many years can sometimes lead to burnout. Before that happens, consider the following steps to maximize your potential and sustain career success in doing a job you truly enjoy.

Worldwide Unemployment Rates

On Friday August 11th the OECD published the Unemployment rates of its member countries. They call it the “Harmonised Unemployment Rate” meaning that they may adjust the rate depending on how the individual countries calculate it so they are comparable.

1 Million Fewer Jobs but BLS Says 209 K More

The U.S. Bureau of Labor Statistics (BLS) released their employment and unemployment numbers for July on Friday August 4th.  The Seasonally adjusted U-3 unemployment rate was down from 4.4% in June to 4.3% in July. Unadjusted U-3 however was up from 4.5% to 4.6%. U3 is the Official unemployment rate per the International Labor Organization definition. It occurs when people are without jobs and they have actively looked for work within the past four weeks.

Comparing Bureau of Labor Statistics Unemployment Numbers to an Independent Source

NOTE: Gallup has STOPPED publishing their Unemployment Numbers effective in July 2017. This includes U-3, Underemployment (U-6), and Good Jobs Index (Payroll to Population Rate). From 2010-2017,  the Gallup Survey people both generated numbers to help us understand the employment/unemployment situation. Unfortunately, they often presented a different picture from the numbers generated by the U.S. […]

Unemployment Rates by State

Nationwide according to the U.S. Bureau of Labor Statistics the Seasonally Adjusted Unemployment rate is 4.4% but when you look a bit closer you will see that there is quite a bit of variation by state. Alaska has the highest unemployment at 6.8% and North Dakota and Colorado have the lowest at 2.3%. What causes the difference between states?