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The Stunning Difference Between Unionized And Non-Unionized Wages

zerohedge.com / by Tyler Durden on 01/26/2015 19:16

With the US unemployment rate having become a irrelevant anachronism from a bygone era, indicative merely of the record millions of Americans – increasingly those in their prime working years – who drop out of the labor force every year rather than the slack, or lack thereof, […]

Initial Unemployment Claims Plunge, Remain Near Record Bubble Levels

wallstreetexaminer.com / by Lee Adler • January 22, 2015

The headline, fictional, seasonally adjusted (SA) number of initial unemployment claims for last week came in at 307,000, which was just a bit more than the Wall Street conomist crowd consensus guess of 302,000. The pundits had upped their guesses after missing on the low […]

When working leads to food stamp usage and the rise of dollar stores: Food stamp usage is still near record levels even in the face of a dropping unemployment rate.

mybudget360.com / by mybudget360 / January 20, 2015

Food stamp usage surges when the economy enters into a recession. That is no surprise. In fact, this is the design of the program. A safety net when things get bad. But if we are to believe headline indicators, the economy is improving so we should see […]

The 2015 State Of The Union

streettalklive.com / by Lance Roberts / 12 January 2015

It is that time of the year when the President of the United States delivers his annual“State Of The Union” address. Over the weekend, the Associated Press discussedPresident Obama’s retooled message stating:

“For most of last year, President Barack Obama tempered his pitch on the […]

THINGS I’M GRATEFUL FOR

blog.milesfranklin.com / Andrew Hoffman / January 12th, 2015

Is this the last time we ever see the “market valuation” of U.S. financial strength – i.e, the 10-year Treasury yield – above 2.0%? It’s quite possible; as per what I wrote in Thursday’s Audioblog, the pathetic, Fed-orchestrated rate goosing around last week’s FOMC minutes publication added […]

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 […]

Nonfarm Payrolls +252K; Unemployment 5.6%; Employed +111,000 (Household Survey)

globaleconomicanalysis.blogspot.com / by Mike “Mish” Shedlock / January 09, 2015

Initial Reaction

The big surprise in this month’s report was a decline in average hourly earnings. Details below.

For the second straight month there has been a huge discrepancy between the household survey employment and the establishment jobs survey. Swings in household survey […]

Consensus on US Job Growth Met, but Big Earnings Disappointment

marctomarket.com / by Marc Chandler / January 9, 2014

The US grew 252k net jobs in December and the October-November series was revised up by 50k. The participation rate ticked down to match the cyclical low seen last September of 62.7% (from an upwardly revised 62.9% in November). This was behind the decline in […]

“The Entire Theory Of Monetarism Is Coming Undone In Spectacular And Empirical Fashion”

zerohedge.com / by Jeffrey Snider / 01/08/2015 22:23 -0500

The European mess is coming more into view, and in almost every case that is a negative outcome. There really isn’t much going right in Europe right now, belying everything that was said, done or proclaimed only a year ago.

Italian unemployment unexpectedly rose to a […]

A World On The Edge Of Chaos

kingworldnews.com / January 08, 2015

With stocks soaring and the U.S. dollar surging, below are key portions from two incredibly important interviews. But first, here is a quote from one of the greatest and most legendary value investors in Wall Street history.

“It’s not whether you’re right or wrong that’s important, but how much […]

A Tale Of Two Record Unemployments: Italy vs Germany

zerohedge.com / by Tyler Durden on 01/07/2015 20:15

For the first time ever, Italy’s unemployment rate is more than twice that of its European Union (one region, one monetary policy) neighbor Germany. As Germany’s jobless rate fell for the 3rd month in a row to 6.5% (the lowest level in records going back more […]

ADP Employment Beats 4th Month In A Row, At 6-Month Highs

zerohedge.com / by Tyler Durden / 01/07/2015 08:21 -0500

For the 4th month in a row (thanks to revisions revisions revisions), ADP Employment beat expectations.At 241k in December (above the 225k exp.) this is the highest print since June’s peak (and occurs as both manufacturing and services PMIs showed faltering unemployment sub-indices). Small business appeared […]

First Euroarea Deflation Since Lehman Sends Futures Higher; Brent Tumbles Below $50 Then Rebounds

zerohedge.com / by Tyler Durden / 01/07/2015 06:57 -0500

Things in risk land started off badly this morning, with the worst start to a year ever was set to worsen when European equities came under early selling pressure following news of German unemployment falling to record low, offset by a record high Italian jobless rate, […]

We Are Entering An Era Of Shattered Illusions

alt-market.com / Brandon Smith / Wednesday, 07 January 2015 05:05

The structure of history is held together by two essential and distinct kinds of links, two moments in time to which no one is immune: moments of epiphany, and moments of catastrophe. Sometimes, both elements intermingle at the birth of a singular epoch. Men often […]

Great Graphic: Unemployment Rates Compared

marctomarket.com / by Marc Chandler / January 5, 2015

The US will report the December employment figures at the end of the week. The eurozone will report is November unemployment rate on Wednesday. It offers a timely opportunity to take a step back and look at the big picture.

This Great Graphic shows four time […]

15 Surprises for 2015

mauldineconomics.com / JOHN MAULDIN / DECEMBER 31, 2014

It’s that time of year when people start thinking about New Year’s resolutions and investment planning for the future. It’s also the time of year when analysts feel more or less compelled to offer up forecasts. My friend Doug Kass turns the forecasting process on its head […]

We Just Enjoyed the Last Christmas in America

charleshughsmith.blogspot.com / CHARLES HUGH SMITH / THURSDAY, DECEMBER 25, 2014

The end of rising wages = the end of mass affluence: we just enjoyed the Last Christmas in America (TLCIA).

As unemployment topped 10%, the January 1975 cover of Ramparts magazine blared: The End of Affluence: The Last Christmas in America. (TLCIA)

The government responded […]

Would It Be Bad for the Economy If Oil Fell to $3 a Barrel?

garynorth.com / by Gary North / December 17, 2014

If the price oil fell to $3 a barrel, and it stayed there for 10 years, that would be a good thing.

What if this led to massive unemployment in the oil industry? That would be a good thing.

But isn’t the primary task […]

The “Unequivocally ‘Not’ Good” Reality Of Lower Oil Prices & Jobs

zerohedge.com / by Nick Colas via ConvergEx / 12/18/2014 11:37

The drop in oil prices is certain to cause some incremental unemployment in the U.S. energy industry; the question is simply how much and what that means for the American economy as a whole.

To begin the search for answer, you have to […]

Black Gold Loses Glitter

gold-eagle.com / Peter Schiff / December 15, 2014

The stunning 40% drop in the price of oil over the past few months has scrambled global economic forecasts, changed the geo-political landscape, and has severely pressured many energy sector investments. Economists are scratching their heads to determine if the drop is good or bad for […]