Posts filed under “Employment”

Restless America: State-to-State Migration

From Vizynary:

Approximately 7.1 million Americans moved to another state in 2012. That’s over 2.2% of the U.S. population. The United States has a long history of people picking up and moving their families to other parts of the country, in search of better livelihoods. That same spirit of mobility, a willingness to uproot oneself, seems alive and well today based on the visualization of migration patterns above.

Click for an interactive graphic.

Source: Vizynary

Category: Data Analysis, Economy, Employment, Travel

In 27 States, Unemployment At Lowest Levels in 4 Years

From the Washington Post: Unemployment has reached multi-year lows in 27 states, a bit of positive news for state labor markets that are still struggling through a mild recovery.   Click for an interactive map. Source: Washington Post

Category: Digital Media, Employment

Why Does the Minimum Wage Have No Discernible Effect on Employment?

Category: Data Analysis, Employment, Think Tank

NILF: Drop in Participation Rate Bodes Well

I have, for many years, been a regular reader of David Rosenberg. Back when he was Merrill Lynch’s chief economist, to more recently at Canada’s Gluskin Sheff, I enjoy his daily “Breakfast with Dave.” Sometimes, it is because we disagree, and I am looking for an intelligent challenge my pre-existing notions. Other times, it is…Read More

Category: Employment

Hidden Cost of Wal-Mart Jobs

Category: Data Analysis, Employment, Think Tank

On the Causes of Declines in the Labor Force Participation Rate

Category: Employment, Think Tank

From Quartz: While executives at many top companies make top dollar, the typical employee at corporations like McDonald’s, Gap, Target, and Walmart still earns minimum wage, or something barely above it. The disparity is alarming. CEOs of American companies now earn some 270 times what the average worker makes. Source: Quartz

Category: Digital Media, Employment

Have We Passed “Ex-Bubble Employment” (adjusted) Peak of 2007?

Source: FRED     Here is an interesting question: How does the present employment rate compare with the prior peak? According to Bureau of Labor Statistics data, if we compare the prior recent peak of 139,143,000 of November 2007 with last month’s figure of 137,942,000 (I used non-seasonally-adjusted because it’s November to November), we are…Read More

Category: Data Analysis, Employment

Comparing Private Job Creation Now & Then . . .

@TBPInvictus here: David Rosenberg made a point in his note Monday that I don’t think went quite far enough, or at least needs a bit more color:   Rosie then showed the chart below (the Haver Analytics version of it, anyway), which he dubbed “Employment Less Financials in Private Sector.” In St. Louis Fred-speak, that…Read More

Category: Data Analysis, Employment

Terry Jeffrey, Hack Extraordinaire (Fun with Numbers Again)

@TBPInvictus here. In yet another stunning display of journalistic malpractice, Terry Jeffrey put out the following piece after last Friday’s NFP release:     Because it suited his (political) purpose, Jeffrey jumped on the Household Survey; looking at the Establishment Survey would not have provided such a dramatic headline. Indeed, it would have provided, for…Read More

Category: Bad Math, Data Analysis, Economy, Employment, Financial Press, Really, really bad calls