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Break Point
California has over 36 million residents. But 60% of the state’s population, over 22 million people, live in the five big counties of the south: Los Angeles, Riverside, San Bernardino, Orange, and San...
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I was surprised to see the following headline in today’s Wall Street Journal: Oil Price Rise Poses Little Threat, Yet, To Economic Recovery. The piece was stitched together with many quotes from...
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Gasoline and Unemployment in Southern California
The recent release of State and Metro unemployment data from BLS comes at a time when oil prices have just made a new, 52 week high, and it seems appropriate to consider the these developments...
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Used Rainbows
There’s a picture floating around on the internet but I’m not going to show it to you. It depicts several rows of half-buried automobile tires, off in a distance behind a chain-link fence. A dusting of...
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Energy Supply and the Individual States
The February issue of Gregor.us Monthly, Energy Supply and the Individual States, has now been published. The 22 page report is a more data-filled version of the thematic treatment I’ve given to this...
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Poverty Soars in California
In September the state of California hit a new high in food stamp benefits, crossing the 6 billion dollar mark on an annualized basis. Over the past year in California alone the total number recipients...
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Running Backwards in the US Economy
Oil is at 90 dollars a barrel. The governments of Europe, Japan, and the United States are saturated with debt. House prices in the US are falling again, and there’s no job growth in America. Put it...
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When Recovery’s Just a Word
I was disappointed last week when two of my favorite publications, The Economist and the Financial Times (both British) capitulated to the new recovery myth in the US Labor Market. I generally depend...
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Spikes and Dips in Both US and California Jobs Data
Total US employment has been oscillating around the 139 million level for the past year until recently, when some job growth started to appear in December and January. According to Friday’s report from...
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Janet Yellen’s QE2 Promise Now Dying on the Vine, in California
California reported its April jobs data on Friday. The LA Times repeated the figure, laid out in the report from EDD, that on a year-over-year basis the state had created 144,000 jobs. What The LA...
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