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Robot Hotel: Few Jobs for Humans

teapartyeconomist.com / By Tim Hornyak / January 29, 2015

A theme park near Nagasaki in southern Japan will open a smart hotel featuring female androids that greet guests, and robots that carry luggage and serve coffee.

Henn-na Hotel at the Dutch-inspired Huis Ten Bosch theme park will be partly powered by solar panels and […]

Canada Just “Revised” All Of Its 2014 Job Gains 35% Lower

zerohedge.com / by Tyler Durden / 01/28/2015 08:47

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 comes to […]

Is The BLS Overstating Jobs

streettalklive.com / Lance Roberts / 27 January 2015

This morning there is a litany of articles on employment growth since the end of the last recession. (See here, here and here for examples) Of course, much of the debate centers on which side of the political spectrum you fall on. Staunchly Democratic pundits continue to […]

Fracking — A New Bubble for a New Year

mises.org / Mark Abdelnour / JANUARY 22, 2015

Another year is under way, and we are in the midst of yet another central bank-induced credit bubble. This time, the culprit is shaping up to be the oil and gas industry. Hydraulic fracturing, or “fracking,” has seen a marked rise in usage in the United […]

Fact-Checking Obama’s State Of The Union Speech

zerohedge.com / by Tyler Durden on 01/21/2015 11:17

We already did our post-mortem of last night’s teleprompted annual evangelizing of Barack Obama’s “straight to folks” propaganda that would make both Goebbels and Dzerzhinsky blush. So instead of repeating ourselves, here is AP with its own fact check of what can only be dubbed lie […]

Why the Energy Selloff Is So Dangerous to the U.S. Economy

wallstreetonparade.com / By Pam Martens and Russ Martens: January 21, 2015

Television pundits and business writers who are relentlessly pounding the table on how cheaper home heating oil and gas at the pump is going to provide a consumer windfall and ramp up economic activity have a simplistic view of how things work.

Oil-related […]

The Single Most Important Economic Statistic that the White House Never Talks About

mauldineconomics.com / BY TONY SAGAMI / JANUARY 20, 2015

For the first time in 35 years, American business deaths now outnumber business births. —Jim Clifton, CEO, Gallup Polls

I’ve been self-employed since 1998, and let me tell you, the life of a business owner isn’t easy. It’s filled with long hours, a relentless amount of […]

12 Signs That The Economy Is Really Starting To Bleed Oil Patch Jobs

theeconomiccollapseblog.com / By Michael Snyder on January 20th, 2015

The gravy train is over for oil workers. All over North America, people that felt very secure about their jobs just a few weeks ago are now getting pink slips. There are even some people that I know personally that this has happened to. The economy […]

First Schlumberger Fires 9,000; Now Baker Hughes Unleashes 7,000 More Layoffs

zerohedge.com / by Tyler Durden / 01/20/2015 08:37

Another day, another unambiguously bad announcement from America’s bettered energy sector which are bolting down ahead of the crude storm, and firing thousands. Last week it was Schlumberger which announced it would fire 9000, today it is Baker Hughes which just warned it too will hand out […]

Debt Rattle January 18 2015

DPC Main Street north from Sixth, Little Rock, Arkansas 1911

theautomaticearth.com / by Raúl Ilargi Meijer / January 18, 2015

“The dollar has soared a staggering 96% against the Russian ruble since June 30.”

• How The US Dollar Stacks Up Against Major World Currencies (AP)

The U.S. dollar has been rolling. Since June […]

The True State of The Economy

market-ticker.org / by Karl Denninger / Jan 15, 2015

Yes, we hear, jobs are plentiful (so says the Obama administration)

Yes, we hear, the economy has mended (so says all the people driving around in new F-150 gas guzzlers)

Yes, we hear, housing is recovering (so says the NAR and the rest of the pump […]

Bait & Switch: “Economic Development” in the States

mises.org / Jeff Scribner / JANUARY 15, 2015

North Carolina recently offered Boeing $683 million in tax incentives to open a plant in North Carolina to build Boeing’s new 777X jetliner. The NC bid failed, as did those from some other states, when Boeing decided to build the 777X in its home state of […]

Even The Airlines Are Ignoring The “Oil Is Good” Narrative

zerohedge.com / by Tyler Durden on 01/14/2015 17:10

Yesterday we highlighted the ‘odd’ behavior of the Airlines – cutting jobs to cut costs (but but but low fuel prices?) and seeing traffic and revenue per seat drop (but but but gas ‘tax cut’ spending?). It appears 2015 has heralded a broad realization that perhaps – […]

Despite ‘Gas Tax Cut’, Airlines See Tumbling Traffic, Outsource US Jobs

zerohedge.com / by Tyler Durden on 01/13/2015 17:45

This wasn’t how it was supposed to be? Collapsing crude oil prices – according to the mainstream (Fed-spoonfed) narrative means lower costs for business and ‘massive’ tax cuts for consumers enabling disposable income to surge. But, American Airlines just announced a 3.4 percentage point plunge in […]

Gasoline Tax Hike? Get Lost!

teapartyeconomist.com / by Gary North / January 13, 2015

The three best nations on earth for low gasoline taxes are Mexico, the United States, and Canada, in that order. This drives liberals crazy.

They want higher taxes. They aren’t getting them here. So, the wailing goes on. It’s not fair! There should be higher gasoline […]

John Williams (shadowstats.com) on the December payroll jobs report and unemployment rate

paulcraigroberts.org / by John Williams via shadowstats.com / January 11, 2015

John Williams (shadowstats.com) on the December payroll jobs report and unemployment rate:

As increasingly has become the common circumstance, the upside revisions in headline monthly numbers simply are constructs of highly unstable, inconsistent and questionable seasonal adjustments being shifted between months. The unadjusted data […]

News Stream May Favor US Doves and Spur Dollar Consolidation

marctomarket.com / by Marc Chandler / January 10, 2015

The US dollar turned in a mixed performance during the first week of the new year. It fell against the Antipodeans and yen but rose against the other major currencies. The dollar’s performance against emerging market currencies was similarly mixed. It rose against most but […]

Record 93 million Americans now not in the labor force: The non-working American recovery added 451,000 to the not in the labor force category in December alone.

mybudget360.com / by mybudget360 / JAN 10, 2015

The employment report came out today and what you would take as good news sent the market moving lower. Why? A large number of the jobs added were in retail and food services. The growth in low wage employment caused the overall wage level to dip. […]

December Shows Continuing Manufacturing Job Gains but Returning Wage Woes

wallstreetexaminer.com / by Alan Tonelson, Courtesy of RealityChek. • January 9, 2015

Manufacturing reenforced its recent good job gains in December, adding 17,000 net new positions on top of upwardly revised October and November improvements. The sector’s employment, moreover, now stands at its highest level since February, 2009. But manufacturing’s share of total U.S. […]

Gold Daily and Silver Weekly Charts – Postcards From the Great Emptiness

jessescrossroadscafe.blogspot.com / 09 JANUARY 2015

“We who are born into this age of freedom and independence and the self must undergo this loneliness. It is the price we pay for these times of ours.”

Natsume Sôseki

“The issue isn’t just jobs. Even slaves had jobs. The issue is wages.

Jim Hightower

The headline ‘Jobs […]