Posts filed under “Employment”

No job, no house, no kids: Welcome to the millennials


Source: Merced Sun-Star

 

Continues here

Category: Economy, Employment, Wages & Income

Possible NFP Headlines

I love this set of headlines from Neil Irwin: Source: NY Times   We have spent a lot of columns arguing that NFP should be mostly ignored by traders, but Irwin does a masterful job showing the varied responses the BLS model creates to what is eesentially the same exact data. Be sure to see…Read More

Category: Data Analysis, Digital Media, Employment, Financial Press

Work harder. Retire Later. Live Longer.

I thoroughly enjoy the regular polls that Gallup releases. I am aware of all the flaws and pitfalls of these surveys. Indeed, each new sample provides an opportunity to sharpen one’s statistical cynicism. Sometimes, however, they offer insights into specific aspects of the American psyche, helping to clarify my thinking about societal, economic and market…Read More

Category: Data Analysis, Employment

Net Employment Change by Major Industry, February 2010 to March 2014

Source: National Employment Law Project   I really like this bubble chart. I saw it last night in a report from the National Employment Law Project titled: “The Low-Wage Recovery: Industry Employment and Wages Four Years into the Recovery.” Interestingly, the data has provoked opposing reactions from two media outlets. The Washington Post’s Wonkblog used…Read More

Category: Employment, Wages & Income

Declining Migration Within the U.S.: The Role of the Labor Market

Category: Credit, Employment, Real Estate, Think Tank

Jobs Recovery

click for larger graphic Source: Calculated Risk     Have a look at the chart above, via Calculated Risk. It aligns the depths of all eleven post WW2 recessions, showing how long it took them to recover all of the jobs lost. The outlier is the 2007-09 contraction, which according to the chart above, is…Read More

Category: Data Analysis, Digital Media, Employment

NFP Day? Try Doing Nothing

While I have been busy kvetching about the weather, another payrolls report has snuck up on us. Estimates are for a 200,000 increase in nonfarm payrolls, the most since November, according to the median forecast of 90 economists surveyed by Bloomberg. But really, I have to ask: Why do you care? As I have relentlessly…Read More

Category: Apprenticed Investor, Employment, Investing

What the Federal Reserve is Doing to Promote a Stronger Job Market Chair Janet L. Yellen At the 2014 National Interagency Community Reinvestment Conference, Chicago, Illinois March 31, 2014     I am here today to talk about what the Federal Reserve is doing to help our nation recover from the financial crisis and the…Read More

Category: Employment, Federal Reserve, Think Tank

74 Months to Employment Recovery (and counting)

click for larger graphic Source: NYT   Floyd Norris discusses an upcoming milestone: A full recovery in employment to numerical (but not percentage) employment in the US: “This seems likely to be the month when a new high is finally reached, ending a period that featured the largest drop in employment and the slowest recovery…Read More

Category: Data Analysis, Employment

Category: Employment, Taxes and Policy, Think Tank