Posts filed under “Employment”
One of the things I think Bloomberg should own are the deep dive, finance related interactive graphics. They can cover economics, investing and business with the data and firepower to just crush this sort of work.
Here is the first example of what is hopefully the first of many crazy cool infographics:
Today, I want to discuss why the Employment Situation report is the single most over-hyped, over-analyzed, over-emphasized, least-understood economic releases known to mankind. It is also one of least useful economic data points where investors are concerned. Long-time readers must bear with me, as they have heard this too many times before. But to new…Read More
@TBPInvictus here. An IBD editorial picks up on a story originally run over at CNS News. Here’s the lede at CNS (emphasis mine): (CNSNews.com) – Americans who were recipients of means-tested government benefits in 2011 outnumbered year-round full-time workers, according to data released this month by the Census Bureau. They also out-numbered the total population…Read More
Mike Shedlock takes me to task for our discussion on ACA/Part time Jobs: Did Obamacare Cause an Increase in Part-Time Employment? which led to this response Measuring What Didn’t Happen: Did Obamacare Cause an Increase in Part-Time Jobs? No Says Ritholtz, and Reuters; Yes, Says Mish. I was pushing back against the “ACA caused all…Read More
One of the analytical errors I seem to constantly come across is what I call the non-result result. It goes something like this: If you do X, and there is no measurable change, X is therefore ineffective. The problem with this analysis is the lack of a control group, If you are testing a new…Read More