by confoundedinterest17 Here’s some simple Medusa math for you: negative growth + payroll gains = negative productivity. Negative productivity + high labor costs = very high unit labor costs. That’s not a pretty picture for the economy or for companies, and …
by Paul Craig Roberts via PaulCraigRoberts.org A Free Person Is One Who Owns His Own Labor Calculate your slave status before boasting of “American freedom” Paul Craig Roberts For decades on or about April 15, I published a tax day column pointing out …
Recession secured: BofA joins JPM in slashing Q1 GDP, now sees just 1% in Q1, says "risk of negative growth quarter are significant" GDP will turn negative in a few weeks once econ is hit by fiscal headwinds and as …
Another month of rising prices under Biden: Gas: +58.1% since last year Bacon: +21%Eggs: +8%Steak: +24.6%Propane & Firewood: +34.3%Furniture: 11.8%Used Cars & Trucks: +31.4% Coffee: +7.5%Cigarettes: +9.4%Hotels & Motels: +25.5%Car & Truck Rentals: +37.2%Bikes: +9.4% — Jacki Kotkiewicz (@jackikotkiewicz) December …
by confoundedinterest17 If this what the Biden Administration had in mind? Soaring labor costs at the same time that labor productivity is falling to its lowest level since 1960? Powell and the Gang’s monetary approach doesn’t seem to be working for …
USEFUL IDIOTS? FELLOW TRAVELERS? ON THE PAYROLL? YOU MAKE THE CALL! Senate Dems Blocking Measure To Prohibit Imports Made With Chinese Slave Labor. Senate Democrats are blocking legislation that would prohibit imports from China made with Uyghur slave labor, in response …
by Mac Slavo of SHTFplan Was the rise of robots simply a coincidental accident? The labor shortage is fueling a rise in robots and employers replace human beings with robotic counterparts that won’t need a paycheck in exchange for their work. Employees walked …
American workers are hoping that the tight pandemic labor market will translate into better pay. It might just mean robots take their jobs instead. Labor shortages and rising wages are pushing U.S. business to invest in automation. A recent Federal …
BY JOHN RUBINO The Wall Street Journal just published a long, amazing look at what might be the tightest labor market in living memory. Here’s an excerpt: Help Really Wanted: No Degree, Work Experience or Background Checks U.S. companies are downsizing …
A massive labor shortage continues to grip the nation and hold back our economic recovery. With countless pandemic and policy factors influencing the shortage, there’s a heated debate over what’s keeping so many workers out of the labor force. But …
Only about 100 people turned up to a job fair aimed at plugging Denver International Airport’s huge labor shortage. Denver Concessionaires Association (DCA) President Dennis Deslongchamp told ABC7 Denver that organizers had hoped for around 5,000 people at the fair …
Restaurants and ghost kitchen companies are testing out different robotic and automated technology solutions to speed up service and solve for ongoing labor challenges. Companies like Miso Robotics and Richtech are developing automated bots for both restaurant kitchens and dining …
by Chris Black Part of the labor shortage is indeed that a lot of people have more money now than before the pandemic, but I think the main cause of the labor shortage is people realized during the lockdown that …
https://twitter.com/NorthmanTrader/status/1448976922029998084 North America fertilizer prices YoY vs UN Food and Agri YoY… pic.twitter.com/Ahhm8W104v — Ivan (@IvanKrivicic) October 15, 2021 U.S. SMALL BUSINESS LABOR SHORTAGES, WAGE PRESSURES WORST IN 50 YEARS – BOFA — Michael Brown (@MrMBrown) October 15, 2021 https://twitter.com/MFHoz/status/1448954606885744640 …
by confoundedinterest17 The Atlanta Fed GDPNow tracker just fell to 1.3% on today’s lousy jobs report. Just 194K jobs added in September while 338K dropped out of labor force.
The District of Columbia is facing the greatest labor shortage across the nation, according to a recent study. The area has the highest ratio of unemployed individuals to job openings, with 2.37 openings per unemployed individual, according to data compiled …
by Region-Formal They changed this method in 1980, to deliberately downplay inflation risks and manipulate public opinion. The last time it was at current levels was in 2008, just before the crash… Source: http://www.shadowstats.com/alternate_data/inflation-charts ShadowStat’s chart is derived by applying the …
Over seven million people across the U.S. will lose their unemployment benefits beginning on Monday as pandemic safety nets expire. The emergency federal jobless benefits are set to end on Labor Day, while another three million people will lose their …
In regards to labor shortages, Pennsylvania small business owners said “there’s nobody out there to help us,” during a segment on MSNBC’s “Stephanie Ruhle Reports” with Stephanie Ruhle on 8/6/2021. Be sure to like, subscribe, and comment below to share …
by confoundedinterest17 Ain’t this a kick in the head. The job openings data was released this morning and we found out that 9.2 million jobs were added!! But at the same time, we saw DECLINE in labor force participation in last …
by: Cassie B. (Natural News) American Airlines canceled more than 500 flights across a span of just four days as they deal with serious operational issues put in motion by the coronavirus pandemic. They’ve also been forced to reduce their July …
by Patrick Watson According to some business owners and Wall Street pundits, US employers can’t hire enough people because unemployment benefits are too high. We’re paying people not to work, they say. Certainly, some people who could work are milking the system. That’s …
by confoundedinterest17 A picture is worth a thousand words. The good news? Job openings soared to an all-time high of 9.3 million. The bad news? There are 2.64 million more job openings than people who want a job. It would seem …
Kitco News, Released on 6/4/21 The Biden Administration has maintained the stimulus check program of $300 a month to disincentivize people from returning to work, thereby creating a labor shortage and indirectly cause wages to rise, said Mark Skousen, editor-in-chief …
by Lance Roberts Janet Yellen’s latest commitment to support the Biden progressive agenda from higher taxes to unionization, will not lead to increased economic prosperity. Instead, it will lead to more outsourcing and offshoring of U.S. Labor. Such was evident in …
Chamber Of Commerce Confirms US Labor Shortage Is A "National Economic Crisis" https://t.co/VKAVNQM4IP — zerohedge (@zerohedge) June 2, 2021 ISM reports longest delivery times on record pic.twitter.com/eZqaGtnUcZ — Not Jim Cramer (@Not_Jim_Cramer) June 1, 2021 https://twitter.com/QTRResearch/status/1400113361476542467
by: Cassie B. (Natural News) A troubling new report shows that several Apple suppliers have been using forced labor in China, a problem that has long plagued the company and many other tech giants. Two human rights groups worked with The …
by Patrick Watson When it comes to the US jobs situation, the “One of these things is not like the others” song from Sesame Street comes to mind. We have two competing narratives. Official data says millions are unemployed and seeking work. At …
