Most state laws back the company when it comes to employment. Plus, you don’t have the cash to make a fight out of it. So move on to something better, forget them, do something great, chalk it up to experience, learn from it, and ask the right questions the next go around. Being let-go happens. […]
Sales lead employment: real aggregate payrolls update – by New Deal democrat The drought in new data ends tomorrow with consumer inflation. In preparation, let’s take a look at real aggregate payrolls. These increased 0.2% in December, one of the lower readings in the past 2 years: On a YoY basis, aggregate nonsupervisory payrolls increased […]
This is not a bad idea. It is one issue long over due and needed if we are to attract more people into the Labor Force. It should be government sponsored to cut the costs of it. To Increase the Supply of Workers, Our Economy Needs Childcare, Roosevelt Institute, Mike Konczal Tuesday February 23, the […]
Two “fundamental” indicators for the American middle/working class and the economy – by New Deal democrat This week is a little light on data, except for housing permits and starts (Tuesday) and existing home sales (Thursday), so let me catch up on a few other indicators. In particular, two of my favorite indicators are based […]
Some foreboding signs and portents from consumption and employment data – by New Deal democrat I have a special post up at Seeking Alpha, looking at some very troubling signs from several of the high frequency indicators I track weekly as to consumption and employment. Click over and read the whole article, but here is a little taste: […]
MarketWatch 666’s RJS: 5th record in a row; job openings have risen 62% so far this year . . . Here is the Fred graph. Despite record highs, hiring is down and layoffs are up . . . Something is clearly broken. July Job Openings at Record High after June Record Revised Higher; Hiring Down, Job Quitting and Layoffs […]
Stan Collender notes that, for the first time in four years, the U.S. Treasury reported a surplus in the month of April. It isn’t just that there was a surplus in April of 2008, though. If you look back through Aprils (data here), the last time that month showed a deficit is 1983—the April less […]
The Federal Reserve Bank of St. Louis, without whose FRED database and Excel Add-in Economics Bloggers (and Matt Yglesias) would be Even More Boring, has been running a series of Discussions explaining why the Fed is incompetent—er, Why They Don’t Follow Their Dual Mandate—er, well, something about how They’re Doing The Best They Can.* The […]
A commenter at Steve Benen’s Washington Monthly blog was grousing (correctly, as spencer notes in comments) that Benen had allocated all of the 2009 change (read:drop) in private-sector jobs to Obama, while GWB was in office for the first 19.5 daysduring the time the employment data for January was gathered. Turns out that there were […]
I wanted to look at the WSJ job database, suspecting what I might find, but currently lack the bandwidth in a major way. Fortunately, Noah took some (more) time from his thesis (“distraction from productive activity”) and did the dirty work. Apparently, being a STEM undergraduate isn’t the path to Nirvana:* I went through the […]