This report by Employ America was written the day before the Unemployment report was released on the 6th. There is another link to a report on Indeed at the end of this report. It too makes for an interesting tead. The good news from the August jobs report is the labor market is not weakening […]
Just like American companies, Volkswagen made the jump to EVs the technology of which is still being developed and just before the pandemic. Of course, the pandemic created an economic desert where people cut buying anything other than essentials. Fewer vehicles sold leads to an abundance of uncovered costs and debt. Can’t reduce the costs […]
Been lucky to have Andrew Sprung of xpostfactoid writing on the topic of perpetrators conceiving, executing, and expanding their carefully planned scheme of large-scale unauthorized plan-switching amongst ACA healthcare insurance subscribers. In the end, people switched over to other plans get lesser healthcare insurance than what they had signed up for initially with a different […]
More on the FTC investigating Albertsons and Kroger as to whether they are truly competitors. The issue being how much of the market-controlled now by each and what would result after Kroger acquires Albertsons. Both the FTC and Unions argue “FTC argues different stores have different use cases. FTC lead attorney Susan Musser noted “you […]
Yes, I get occasional commentaries from this substack. No, I am not going to post it all here. Follow the link after you read what I did post of Claudia Sahm’s here. Labor market conditions. – by Claudia Sahm Tomorrow (9/6) is the jobs report for August 2024. There is intense attention for any clues […]
– by New Deal democrat My focus continues to be on whether jobs gains are most consistent with a “soft landing,” i.e., no further deterioration, or whether there is further decline towards a recession. For a change, this month the Establishment report was the weakest in several years, if still positive. Meanwhile the Household report rebounded […]
A brief introduction by an Econofact News Letter exploring the impact of income on voting turnout. I did not include the explanation link information in this commentary as it would be too lengthy. However, the links are there if you wish to read further into this explanation. This is short enough to provoke a discussion […]
CNBC The plight of hotel workers in cleaning up after residents who stay for a few days and leave the room in a wreck. The pay id the minimum that can be made. The hazards are such a worker can become readily sick. from exposure. I am sure the pandemic caused issues. Plus, people do […]
Last week CEO Vivek claimed most of his text messages were automatically deleted. Also and previously investigators were show messages going back and forth between players in this issue. Investigators asked those messages be kept. Apparently, those too have disappeared or portions of them have. It appears Albertsons has been milked by private entities Cerberus […]
– by New Deal democrat Recently I have paid much more attention to the ISM services index. That’s because, since the turn of the Millennium, manufacturing’s share of the economy has contracted to the point where even a significant decline in that index has not translated into an economy-wide recession, as for example in 2015-16. When […]