Is this the fault of bad socialist policy ? “Germany may be Europe’s biggest and strongest economy and is enjoying record employment, but one fifth of its citizens are struggling to make ends meet, a new study reveals. Some 15.5 …
by WARREN MOSLER Looks like it’s turned up a bit with the tax cuts? Looks like this source of private sector deficit spending has gone flat again: Looks to me a lot more like a deficiency of demand than a demographic …
by Lance Roberts Last week, the Bureau of Labor Statistics (BLS) published the August monthly “employment report” which showed an increase in employment of 201,000 jobs. It was also the 94th consecutive positive jobs report which is one of the longest in …
Zerohedge had an article about the economy that posted 40 charts that showed fantastic growth since Trump took office: And 38 more charts at the link: https://www.zerohedge.com/news/2018-09-0…xxx-charts But there is a new report at Zerohedge of how outrageously the government …
Via Investment Research Dynamics “Today’s job numbers might be the biggest disaster I’ve ever seen reported. This Fall could get real ugly real fast. The deterioration of the participation rate is so big it makes me suspicious of earlier numbers.” – …
https://www.youtube.com/watch?v=zns9f1QMsko
By Bob Shanahan “The minimum wage law very clearly is misnamed. The real minimum wage is zero. That is what many inexperienced and low skilled people receive as a result of legislation that makes it illegal to pay them what …
by WARREN MOSLER Larger than expected which also means q2 GDP will be revised down some: Highlights The nation’s trade deficit proved a little deeper than expected in June,, at $46.3 billion vs Econoday’s consensus for $45.6 billion. After a …
by Shaun Richards Some days quite a few of our themes come naturally together and this morning quite a few strands have been pulled together by the news from Nihon the land of the rising sun. Here is NHK News …
by Michael Snyder Don’t get too excited about the “good employment numbers” that you are hearing about from the mainstream media. The truth is that they actually aren’t very good at all. For years, the federal government has been taking numbers …
by Aviator2903 I saw plenty of other posts about various employment scams and I recently encountered one myself. My sister-in-law is in college and in the process of applying for internships. She ran into one job posting on Indeed that …
by WARREN MOSLER Highlights In mixed results, March payroll growth of 103,000 is well below expectations but wage indications from average hourly earnings do show a little pressure as was expected, up 0.3 percent on the month with the year-on-year rate up 1 …
by Dave Kranzler and Paul Craig Roberts via Investment Research Dynamics Americans live a never-never-land existence. The politicians and presstitutes make sure of that. Consider something as simple as the unemployment rate. The US is said to have full employment with a January 2018 unemployment rate …
by Joe Guzzardi Displaced American IT workers, and recent grads struggling to find a tech job, just received good news. A February U.S. Citizenship and Immigration Services memo advised employers hoping to hire a foreign-born engineer that they would have to conclusively prove …
via John Mauldin, While the unemployment rate is very low, other measures of the labor force suggest the economy is not at full employment. A full employment economy would suggest stronger wage growth than we’ve seen recently. In the mainstream media, …
by WARREN MOSLER This is now a forecast for Friday’s payroll number, and note from the chart that it’s been diverging all year. Seems there’s some kind of error in their forecasting methodology? Highlights ADP sees a very strong employment report …
by Anthony B Sanders The Bureau of Labor Statistics Employment Cost Compensation Civilian Workers YoY rose to 2.7% YoY. That is the highest reading of employment compensation since Q4 2008. Private-sector wages and salaries rose from a year earlier by 2.8 percent, …
by WARREN MOSLER Weaker than expected, with the prior two months revised downward by a net 9,000 jobs. In any case employment growth continues its multi-year deceleration that began with the collapse of oil capex: Highlights Hiring cooled though employment levels …
The Global Economy Is Partying Like It’s 2008 Small Company Surges 2,400% in a Week After Announcing It’s a Crypto Company Stocks surge to record highs yet again Chasing the Next Bitcoin, Investors Shell Out $700 Million for Coins With …
by Pamela Williams You have never heard of this man! His name is Johnny DeStefano…sounds like Mafia, doesn’t he? He is the head of personnel and policy for President Donald Trump, and he has blocked Trump supporters from the White …
by Umar Farooq “If one exclusively listened to rhetoric about the U.S. labor market without checking the data, it’d be tough to tell exactly how things are going. On the one hand, Federal Reserve Chair Janet Yellen and several of …
By Michael Snyder One of the primary things that Trump’s presidency will be judged upon is his ability to encourage the creation of good paying jobs for American workers, and so far the results have been quite promising. Since Trump’s …