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June 7, 2019
Shark Tank star Kevin O’Leary and CEO Gerald Storch brought a free market reality check to Democratic socialist Sen. Bernie Sanders’ (I-VT) arguments for a $15 minimum wage on CNBC’s Squawk Box June 6.
Sanders went to Arkansas to…
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May 31, 2019
Even liberal newsrooms have to grapple with economic realities, as Vox Media may be learning.
The left-wing outlet pursued unionization, even as digital media outlets were financially struggling. NiemanLab reported that Vox Media employees staged a…
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May 24, 2019
Even CNBC's more liberal anchor wasn't thrilled with newly announced plans from Democratic candidates to tax Wall Street transactions.
Reporter Ylan Mui told Squawk Box viewers on May 23 about plans from liberal candidates Sen.…
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May 3, 2019
April was a great month for jobs with another upside surprise.
CNN reported on May 2, that it was expected to be “a healthy but unspectacular” 185,000 jobs. Unemployment was expected to remain at 3.8 percent. MarketWatch was expecting a…
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April 8, 2019
Given the very few job gains in February and rampant media speculation in March about a coming recession, it was essential that all three evening news shows update their audiences about jobs and unemployment April 5.
But not all of them did.
Of…
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April 5, 2019
The strong March jobs report “should end” concerns that a recession is “lurking” as one Hill op-ed suggested March 1. The media worried and speculated over recession throughout the entire month of March.
The government…
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March 12, 2019
There was good news in the latest jobs report. The national unemployment rate fell back to 3.8 percent in February, although the numbers of jobs added was well below expectations. The Hispanic unemployment rate also fell to a new record low of 4.3…
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March 5, 2019
Jobs growth has been one of the brightest economic growth points under President Donald Trump’s administration. Even the year after many economists anticipated the U.S. was “at or near” full employment, monthly jobs gains continued…
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March 5, 2019
Job growth has been on a tear under President Donald Trump and the booming labor market helped narrow the unemployment gap for prominent minority groups. The networks just didn’t bother reporting it 95 percent of the time.
Since the November…
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February 4, 2019
January was a “blockbuster” month for job gains, in spite of the government shutdown. The 304,000 jobs added was nearly twice as many as the 172,000 forecasters anticipated. Only it didn’t appear that way on the broadcast evening…