lewrockwell.com / By William Norman Grigg via Pro Libertate Blog / November 8, 2014
When an employee in the productive sector offends the company’s customer base, he can expect to the censured, sanctioned, or sacked. Customers who complain about such an employee can expect that their opinions will be listened to politely and respectfully. After […]
zerohedge.com / by Tyler Durden on 11/08/2014 11:40
Yesterday, when we presented what we thought at the time was “The Strangest Number In Today’s Jobs Report” namely the near record surge in workers aged 16-24, which amounted to 528K, or the vast majority of job additions in the month of October…
zerohedge.com / by Tyler Durden / 11/06/2014 08:12 -0500
Maybe this explains the election results? Challenger reports US companies laid off over 51,000 people in October, the most since May (and 2nd most since Feb 2013). This is a 68% surge MoM (and 11.9% rise YoY) – the biggest monthly rise since September 2011. Retail, […]
zerohedge.com / by Tyler Durden / 10/14/2014 08:58 -0400
Just when the talking-heads thought it was safe to proclaim small business is back, the data turns around and smashes them in the face. The headline NFIB Small Business Optimism index slipped to its lowest since June (the 4th month below the 7-year-high peak in May). […]
acting-man.com / Pater Tenebrarum / October 9, 2014
Firmly on the Road to Ruin
Well, we warned them not to do it. You can read it all in “How to Destroy Germany’s Economic Gains” and “Germany Rolls Back Labor Reforms”. As we pointed out on these occasions, economic laws cannot be suspended by political fiat. […]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Tuesday, October 07, 2014 3:30 AM
Inquiring minds may be interested in a set of charts that show trends in hours worked. The charts are as of the latest job numbers from Friday, October 3, 2014.
Index of Aggregate Hours All Private Employees
The index of aggregate weekly […]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / October 03, 2014
Curve Watcher’s Anonymous notes some interesting reactions in the treasury bond market following a string of good job reports.
Today the jobs numbers once again beat expectations: Nonfarm Payrolls Rose by 248,000 and the unemployment rate fell to 5.9%.
In seven out of the last eight […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / THURSDAY, OCTOBER 02, 2014
We’ve put all our hopes, dreams and chips on Plan A, as if security flows from institutional promises rather than from being adaptable, resilient and able to create value in a variety of circumstances.
Setting aside monsters under the bed, the Ebola virus and fanatical […]
acting-man.com / Ramsey Su / September 29, 2014
A Flawed Model
The home building model is flawed. Endless urban sprawl with little rectangular lots is simply not meeting the demands of the changes in demographics, job locations and life styles of a different generation of users.
Among the public […]
endoftheamericandream.com / by Michael Snyder on September 24th, 2014
Is it looks? Is it a charming personality? Is it compatibility? No, it isn’t any of those things. According to a Pew Research Center study that was just released on Wednesday, “a steady job” is the number one thing that women are looking for in a […]
goldcore.com / By Mark O’Byrne / 17 September 2014
The U.S. financial position continues to deteriorate badly and in the last 12 months has increased by over $1 trillion dollars.
Nick Laird of Sharelynx has just reproduced his fascinating and timely chart showing the US debt limit, the actual US debt and the gold […]
wolfstreet.com / by Wolf Richter / September 4, 2014
The somewhat peculiar results of the Challenger Labor Shortage Survey showed that 77% of the approximately 100 human resources executives polled said their companies were having difficulty filling open positions due to a shortage of available talent. And 45% said they were having a […]
mauldineconomics.com / JOHN MAULDIN / AUGUST 27, 2014
Paul Krugman and other notables dismiss the notion of a skills gap, though employers continue to claim they’re having trouble finding workers with the skills they need. And if you look at the evidence one way, Krugman et al. are right. But this week an […]
thedailybell.com / By Staff News & Analysis / August 21, 2014
Nobel economists say policy blunders pushing Europe into depression … German Chancellor Angela Merkel defends eurozone and says it is hard to manage a currency for 18 states … Professor Joseph Stiglitz said austerity policies had been a ‘disastrous […]
acting-man.com / Bill Bonner / August 21, 2014
The Advantages of a Celtic Temperament
We are doing a quick tour of Britain and Ireland, catching up on business. No time to write much this morning… We need to rush to a plane.
The weather, generally, is terrible. Cold. Windy. Rainy. It […]
theeconomiccollapseblog.com / By Michael Snyder / August 12th, 2014
If you are fortunate enough to have a job in America today, the phrase “just over broke” probably describes you. Yes, there are a handful of jobs that certainly pay very well, but most Americans that work for somebody else are just barely making […]
charleshughsmith.blogspot.com / CHARLES HUGH SMITH / SUNDAY, AUGUST 10, 2014
Tragically, the inability of our institutions to impart the skills required by the emerging economy hobble not just the unemployed but employers.
A reader recently offered a compelling reason why total compensation costs (wages plus benefits/payroll taxes) could rise even in a […]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / Thursday, August 07, 2014 11:20 PM
I have talked about “forced retirement” 174 times over the course of the past few years.
I defined the term as those who retired because they had to, not because they wanted to.
Why might they have to? Easy. If […]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / August 07, 2014
Sure. You can make $15 an hour at McDonald’s, at least in Seattle. You just have to perform better than this machine.
But if you are not more cost effective that that machine, then not only do you not make $15, you do not […]
acting-man.com / Bill Bonner / July 23, 2014
Rebel Attack in the Congo
“The rebels attacked our camp. We had to make a run for it. The government troops, who were supposed to be guarding us, ran too.”
“‘Musungu! Musungu!’ I heard them yelling. A ‘musungu’ is a white person. They […]