Looking at Air Force One @ MIA. Why is he campaigning instead of creating jobs & fixing Obamacare? Get back to work for the American people! 11:19 AM – 3 Nov 2016 — Obama taunts Trump after aides reportedly take his Twitter account, Colin Campbell, Yahoo News, yesterday, quoting a Trump tweet from last Thursday […]
I’m seeing all types of comments on the 2013 rise in part time employment that blame it on Obama-care and that is just plain wrong. Based on unpublished BLS data so far this year federal employes forced to work part time because of the sequester account for over 100% of the increase in part time […]
When the Fed started QE they viewed it as a stimulative, easing of monetary policy. Now they are arguing that tapering or reducing QE is not tightening. Can both of these two positions be correct?
It is time to get serious. There are widespread claims that firms are cutting hours worked and converting full time jobs into part time jobs because of Obama-care. So what does the data say. Below is a table of unpublished data from the Bureau of Labor Statistics (BLS) of part time employment by private and […]
Part of the reason employment and hours worked, in particular, have been so weak in early 2013 is the rapid growth of part-time employment. Part time employment is volatile and subject to many influences. From December to June part time employment rose 589,000. That is a 2.2% — almost 5% annualized – growth rate. Part […]
The software placed all the charts in the previous post after the page break. I do not know how to fix it so go to page 2 to real the post.
Mark Thoma had a tweet asking if the stock market is in a bubble. I do not think so. The market PE on trailing operating earnings is 15.5 and my model says that based on the historic relationship to interest rates and inflation the market PE should be 21.5%. Obviously, either the market does not […]
If you use the read more in the original employment report post you can see the full report with charts. Spencer
Last year I had solar panels installed on my roof under a deal where I pay nothing up front for the installation and pay the solar company for the power I produce at a rate about 75% of what I pay the electric utility. I just got my April bill from the electric company. […]