wallstreetexaminer.com / Courtesy of Confounded Interest, by Anthony B. Sanders • March 25, 2015
There was an excellent Bloomberg article entitled “Yellen Is Watching These Four Indicators for Signals on When to Raise Rates.”
Forget the Federal Open Market Committee’s pledge to be “patient” in raising rates from near zero. Forget “considerable time” and […]
mises.org / Andrew Syrios / MARCH 23, 2015
Some myths die hard. The myth of the gender wage gap is one that’s had particularly long legs. Right after winning an Academy Award, Patricia Arquette proclaimed that “It’s our time to have wage equality once and for all and equal rights for women in the […]
schiffgold.com / BY MIKE FINGER / March 13, 2015
For the fourth month in a row, Gallup found that Americans named the government as the biggest problem in the United States. Jobs and the economy tied for the second-most worrisome problems. Together, these three issues are the top concerns for almost 40% of Americans.
zerohedge.com / by Tyler Durden on 03/11/2015 20:43
One of the biggest conundrums, one that has profound monetary policy implications, and that has been stumping the Fed for the past year is how can it be possible that with 5.5% unemployment there is virtually no wage growth. The mystery only deepens when the Fed […]
zerohedge.com / by Jeremy Bowles via Bruegel.com on 03/11/2015 18:25
The computerisation of European jobs
Who will win and who will lose from the impact of new technology onto old areas of employment? This is a centuries-old question but new literature, which we apply here to the European case, provides some interesting implications.
zerohedge.com / by Tyler Durden on 03/11/2015 14:05
Who knows what to believe? Aside, that is, from the fact that the world appears to believe that it’s better to have a weaker currency than stronger currency.. apart, that is, from Larry Kudlow and The Fed’s Richard Fisher…
As Reuters reports,
Sharp gains in the U.S. […]
mauldineconomics.com / BY JOHN MAULDIN / MARCH 10, 2015
“High debt levels, whether in the public or private sector, have historically placed a drag on growth and raised the risk of financial crises that spark deep economic recessions.”
– The McKinsey Institute, “Debt and (not much) deleveraging”
Never smile at a crocodile No, you can’t […]
mybudget360.com / by mybudget360 / March 10, 2015
It is clear looking at economic data that young Americans were not sent the memo regarding this economic recovery. People do realize that the “Great Recession” officially ended in the summer of 2009, right? We’re heading into year six of this recovery but many are simply seeing […]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / March 10, 2015
Comments on my blog soar every time I write about driverless vehicles. Such was the case again yesterday when I wrote Driverless Cars in 30 US cities; Death of Cars? Convenience vs. Cost; Comfortable Predictions.
Like it or not, driverless vehicles are coming. And I expect […]
wallstreetexaminer.com / by Lee Adler • March 10, 2015
US businesses want to hire millions of workers. The problem is that nobody wants the jobs that those businesses are offering. They don’t pay enough to entice potential hires off their parents’ sofas. So the jobs listings grow.
If you’ve been around this site […]
davidstockmanscontracorner.com / by David Stockman • March 9, 2015
Never has there been a more artificial—-indeed, phony—–gain in the stock market than the 215% eruption orchestrated by the Fed since the post-crisis bottom six years ago today. And the operative word is “orchestrated” because there is nothing fundamental, sustainable, logical or warranted about today’s […]
caseyresearch.com / Chuck Butler / March 09, 2015
In This Issue.
* 295,000 jobs. Really? * Oh the tangled webs we weave. * Greece & Eurogroup start negotiations again. * Chinese exports rise 48.6%!
And Now. Today’s A Pfennig For Your Thoughts.
The Dollar Goes On A Moon Shot!
Good day.. And a Marvelous […]
market-ticker.org / by Karl Denninger / March 6, 2015
Oh this is rich….
Total nonfarm payroll employment increased by 295,000 in February, and the unemployment rate edged down to 5.5 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in food services and drinking places, professional and business services, construction, health care, […]
globaleconomicanalysis.blogspot.com / Mike “Mish” Shedlock / March 06, 2015
One interesting fact in today’s jobs report (see Diving Into the Payroll Report: Establishment +295K Jobs; Household +96K Employment, Labor Force -178K) was a drop in teenage unemployment of 1.7 percentage points while overall the unemployment rate fell by only 0.2 percentage points.
The only […]
wallstreetexaminer.com / by Lee Adler • March 6, 2015
Look at those wonderful jobs numbers. It’s like a beautiful house where, hidden from view, termites are quietly and insidiously, slowly but surely, eating away at its structural elements. Eventually the building just starts falling apart and must be condemned.
The seasonally adjusted headline number for […]
zerohedge.com / by Tyler Durden / 03/06/2015 10:15
It has become a running joke: month after month after month, the punditry says wages hikes are coming… they are coming any second, just be patient. And month after month the punditry refuses to accept the simple reason why not even the BLS’ goalseeked data does […]
zerohedge.com / by Tyler Durden / 03/06/2015 09:32
Via Goldman Sachs,
Payroll employment continued to grow at a strong pace, exceeding consensus expectations. The unemployment rate fell due to lower participation. With the final employment report in hand before the upcoming FOMC meeting, we think the Committee will modify its forward guidance on March 18. […]
caseyresearch.com / Chuck Butler / March 6, 2015
In This Issue.
* All eyes on Jobs Jamboree this morning. * Chuck throws in the towel on the BLS. * Dollar has the conn today. * Good data in Eurozone but euro slips further.
And Now. Today’s A Pfennig For Your Thoughts.
A Jobs Jamboree Friday, […]
zerohedge.com / by Tyler Durden / 03/06/2015 09:23
A month ago we asked if the “BLS Forget To Count Thousands Of Energy Job Losses” when as we showed, the BLS reported that only 1,900 jobs were lost in the entire oil and gas extraction space, which was a vast underestimation of what is taking […]
marctomarket.com / by Marc Chandler / March 6, 2015
There are two main forces at work as the week winds down. The first is the ECB’s confirmation of its asset purchases. This has renewed the rally in European peripheral bond markets and re-accelerated the euro’s slide. The second is the US monthly employment report, […]