zerohedge.com / by Tyler Durden / 01/28/2015 08:47 -0500
Who can forget the farce conducted by Canada’s labor statistics office back in August when, as we reported, “Canada Releases Atrocious Jobs Data; Then Revises It Above The Highest Estimate Following Public Outcry.” It was then that we got our first hint that when it […]
wolfstreet.com / by Wolf Richter • January 22, 2015
Irony of a debt-fueled boom: the Great American Oil Bust
Layoff announcements have been ricocheting around the oil and gas sector, fleshed out with individual stories that percolate up to me. The entire sector is cutting operating costs and capital expenditures as fast as they can […]
zerohedge.com / by Tyler Durden / 01/13/2015 11:07
The good news in today’s JOLTS report was that with Wall Street expecting Job Openings to bounce by about 20K from October’s 4,834K (remember JOLTs is one month delayed) to 4,850K, instead the number reported was 4,972K. This was coupled with a drop in a […]
wolfstreet.com / by Wolf Richter / January 9, 2015
New vehicle sales in the US have been on a tear in 2014, rising 5.6% to 16.5 million units, the highest since banner year 2006. Light-truck sales jumped 10%, cars edged up 1.8%. The industry is drunk with its own enthusiasm.
General Motors CEO Mary Barra […]
zerohedge.com / by Tyler Durden / 01/08/2015 11:40
Stocks are up nearly 2% today alone, with the S&P back to green for 2015. Among the reasons for today’s rally: lower overhead courtesy of KO and CAT, which announced that between the two of them, they would fire some 2,000 workers, which is great news for […]
teapartyeconomist.com / by Gary North / December 19, 2014
Beginning in 2015 and escalating from then on, skilled workers from all over the world will have the digital equivalent of green cards. They will be legal to hire. They will flood into America’s middle-class job markets.
The last major barrier is coming down: the language […]
mauldineconomics.com / JOHN MAULDIN / DECEMBER 11, 2014
This week’s Outside the Box continues with a theme that I and my colleague Worth Wray have been hammering on for some time: the very real potential for a rising dollar to trigger the next global financial crisis.
We are concerned about the consequences of multi-speed […]
zerohedge.com / by Tyler Durden / 12/11/2014 09:19 -0500
The governor of Norway’s central bank says western Europe’s biggest oil producer is facing a major economic slowdown as crude prices continue to plunge. As Bloomberg reports, Oeystein Olsen said today in an interview after a press conference in Oslo, “our job now is that we […]
mises.org / Russell Lamberti / DECEMBER 4, 2014
When the central bank meets to decide on the level of interest rates, most people care about only one thing: are my home loan, car, and credit card repayments going up, down, or staying the same? Although this is no trivial concern given the importance of […]
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 […]