Posts filed under “Employment”

Another Meaningless Non Farms Payroll Report

Regular readers may recall that I’m not a big fan of this Bureau of Labor Statistics Employment Situation data series, as it is unusually noisy and subject to further revisions and modeling adjustments. (See Ignore Today’s — and Most — Jobs Reports). As we discussed not too long ago, the Employment Situation report is “the single most over-hyped, over-analyzed, over-emphasized, least-understood economic release known to mankind.” It is also one of the “least useful economic data points” at least as far as investors are concerned.

Today’s report for January looks to have an inordinate number of asterisks:

Continues here

Category: Employment, Wages & Income

Category: Employment, Think Tank

How Risky Are Recessions For Top Earners?

Category: Employment, Think Tank

Category: Bailouts, Economy, Employment, Think Tank

A Mis-Leading Labor Market Indicator

A Mis-Leading Labor Market Indicator Samuel Kapon and Joseph Tracy Liberty Street Economics, February 03, 2014     The unemployment rate is a popular measure of the condition of the labor market. With the Great Recession, the unemployment rate increased from a low of 4.4 percent in March 2007 to a peak of 10.0 percent in October 2009….Read More

Category: Data Analysis, Employment, Think Tank

More U.S. Companies Are ‘Reshoring’


Source: NPR

Category: Employment, Video

Employee Compensation Costs During the Recovery

Employee Compensation Costs During the Recovery Joel Elvery The Federal Reserve’s two mandates—to keep inflation under control and to promote employment growth—overlap when it comes to employee compensation. Inflation typically leads to increases in nominal compensation, and firms increase prices in response, creating a feedback loop that pushes inflation higher. Compensation also rises when labor…Read More

Category: Employment

Don’t Expect Job Data Alone to Persuade Fed on Rates

Source: NY Times

Category: Employment, Federal Reserve, Fixed Income/Interest Rates

Economic Indicators Dashboard

Click for an interactive graphic. Source: Russell Investments

Category: Consumer Spending, Credit, Economy, Employment, Fixed Income/Interest Rates, Markets

The Rise and Fall of Minimum Wage

Source: NY Times See also The Minimum We Can Do

Category: Economy, Employment, Wages & Income