…of the table are some that are often mentioned as being possibly outsourced. Employment has indeed declined in many of those industries. Likewise, employment has declined in manufacturing. However, the…
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employment report 2
If you use the read more in the original employment report post you can see the full report with charts. Spencer…
Median wages and employment to population ratio
…almost all of the reported differences between stagnant median wages and greatly declining household income. In short, it is another manifestation of the employment to population ratio. Stagnant median wages,…
Falling Labor Demand
…on the following equations. Labor share = real wages/productivity Employment rate = Qty labor employed/labor force So labor share is positively related to real wages… and employment rate is positively…
Normalizing the Fed Rate: This Time is Different
…confused on where full employment is. One, full employment is not behaving like it used to. Two, full employment is lower than the Fed perceives from the CBO. The result…
Employment in coal mining
…employment in coal mining is. Just note that it peaked in 1923. Update: Today the NY Times had a very good article on coal and jobs: “Coal Mining Jobs…
Small businesses, tax cuts, and reporting
…employment notably.” But from their source it actually notes: “The last experience the United States had with a credit for incremental employment was with the new jobs credit enacted at…
February jobs report: a blowout! Except (sigh) for wages
…4.1% U6 underemployment rate unchanged at 8.2% Here are the headlines on wages and the chronic heightened underemployment: Wages and participation rates Not in Labor Force, but Want a Job…
September jobs report: a mixed report with different implications in different timeframes
September jobs report: a mixed report with different implications in different timeframes HEADLINES: +134,000 jobs added U3 unemployment rate declined -0.2% from 3.9% to 3.7% U6 underemployment rate rose from…
November jobs report: another good report with some signs of deceleration
…the edges, as involuntary part time employment, the U-6 underemployment rate, and the number of those who aren’t even looking but would like a job now all increased. Temporary employment,…
