Showing posts with label Ali Meyer. Show all posts
Showing posts with label Ali Meyer. Show all posts

Saturday, June 13, 2015

And Going Higher, Of Course

June 13, 2015 Ali Meyer , CNSNews.com 0 Comments
$2.1T: Tax Revenue For FY15 Hit Record Through May; Gov't Runs $365B Deficit 

By Ali Meyer, Jun. 12, 2015, CNSNews.com

(CNSNews.com) - Inflation-adjusted federal tax revenues hit a record $2,103,987,000,000 for the first eight months of the fiscal year this May, but the federal government still ran a $365,156,000,000 deficit during that time, according to the latestMonthly Treasury Statement.

Each month, the Treasury publishes the government’s “total receipts,” including all revenue from individual income taxes, corporate income taxes, social insurance and retirement taxes (including Social Security and Medicare taxes), unemployment insurance taxes, excise taxes, estate and gift taxes, customs duties, and “miscellaneous receipts.”

More: www.cnsnews.com

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Wednesday, January 14, 2015

Food stamp nation

January 14, 2015 Ali Meyer , CNS News 0 Comments
Food Stamp Beneficiaries Exceed 46,000,000 For 38 Straight Months
Ali Meyer, Jan. 13, 2015, CNS News

Households on food stamps got an average benefit of $261.44 during the month, and total benefits for the month cost taxpayers $5,978,320,593.

In 1969, the average participation in the SNAP program stood at 2,878,000. In 2014, average participation grew to 46,536,000 showing an increase of 1516.96 percent.

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Tuesday, September 16, 2014

Hope and change

September 16, 2014 Ali Meyer , CNSNews.com 0 Comments
46,496,145: Food Stamp Recipients Can Fill Yankee Stadium 925 Times

By Ali Meyer, Sept. 12, 2014, CNSNews.com

 (CNSNews.com) -- In June 2014, there were 46,496,145 recipients of the food stamp program, which is enough to fill the Yankee Stadium 925 times, according to data from the Department of Agriculture (USDA).

 The Yankee Stadium is equipped to hold 50,291 persons, meaning that the 46,496,145 Supplemental Nutrition Assistance Program (SNAP) recipients in June 2014 could fill the stadium 925 times. The number of recipients was up 270,999 since the previous month in May 2014 when there were 46,225,146 individuals participating in the program.

 Similarly, the number of households participating in the SNAP program has increased as well from the 22,590,393 participating in May 2014 to the 22,713,934 participating in June 2014, an increase of 123,541 households.

 Participation in the SNAP program peaked for individuals in December of 2012, when there were 47,792,056 persons participating. Since this peak, participation for individuals has declined by 1,295,911 individuals.

 Historically, since the beginning of the data that appears on the USDA website, participation has increased 7.6 percent. In October 2010, there were 43,201,052 recipients of SNAP benefits. Since then, the number of beneficiaries has increased by 3,295,093 persons, or 7.6 percent.

 Source: www.cnsnews.com

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Tuesday, September 9, 2014

Unintended consequence

September 09, 2014 Ali Meyer , Bureau of Labor Statistics 0 Comments
BLS: Unemployed More Likely to Go Shopping Than Look for Job

By Ali Meyer, Sept. 8, 2014, CNSNews.com









(CNSNews.com) - On the average day, an unemployed American is more likely to be shopping—for things other than groceries and gas---than to be looking for a new job, according to data from the Bureau of Labor Statistics.

Only 18.9 percent of Americans who were unemployed (in surveys conducted from 2009 through 2013) spent time in job search and interviewing activities on an average day, according to BLS. Yet 40.8 percent of the unemployed did some kind of shopping on the average day--either in a store, by telephone, or on the Internet. 22.5 percent of the unemployed, according to BLS, were shopping for items other than groceries, food and gas.

The BLS conducts a study called the American Time Use Survey (ATUS) which tracks how Americans spend their time doing various activities during a given day. “The goal of the survey is to measure how people divide their time among life’s activities,” explains the BLS. “Individuals are randomly selected from subset of households that have completed their eighth and final month of interviews for the Current Population Survey (CPS). ATUS respondents are interviewed only one time about how they spent their time on the previous day, where they were, and whom they were with.”

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Friday, September 5, 2014

In other economic news...

September 05, 2014 Ali Meyer , Bureau of Labor Statistics 0 Comments
Record 92,269,000 Not in Labor Force; Participation Rate Matches 36-Year Low

By Ali Meyer, Sept. 5, 2014, CNSNews.com

(CNSNews.com) - A record 92,269,000 Americans 16 and older did not participate in the labor force in August, as the labor force participation rate matched a 36-year low of 62.8 percent, according to the Bureau of Labor Statistics.

The labor force participation rate has been as low as 62.8 percent in six of the last twelve months, but prior to last October had not fallen that low since 1978.

BLS employment statistics are based on the civilian noninstitutional population, which consists of all people 16 or older who were not in the military or an institution such as a prison, mental hospital or nursing home.

In August, the civilian noninstitutional population was 248,229,000 according to BLS. Of that 248,229,000, 155,959,000—or 62.8 percent--participated in the labor force, meaning they either had or job or had actively sought one in the last four weeks.

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