Posts filed under “Wages & Income”

Employment Chart Palooza

Today’s Employment chart madness from Ron Griess of the Chart Store.

Click to enlarge:






More charts after the jump

Read More

Category: Data Analysis, Digital Media, Employment, Wages & Income

Tearing Apart January 2012 NFP data

Despite the cries of the permabears and Rick Santelli, this was unequivocally a strong NFP report. The headline numbers were 243,000 net jobs, as unemployment dipped to 8.3%. The Labor Pool increased — suggesting that the improvement was not the usual employee retirement and discouraged worked giving up looking for work. When we go beneath…Read More

Category: Data Analysis, Employment, Wages & Income

NFP: Outliers Are Where Investing Risks Lay

Today we find out just how seasonal those 200,000 new jobs were in December 2011. Consensus is for employment to grow by 140,000 — about par with population growth. Unemployment is expected to be unchanged at 8.5%. As I am so fond of writing, no single month’s NFP matters all that much — focus on…Read More

Category: Employment, Wages & Income

The Original 99% Movement

Top Military Man Invokes the Occupy Movement in 1933 General Butler addressed the Bonus Army in Washington D.C. in 1933, as they “occupied” D.C. to demand compensation for their service to the country: Smedley Butler from Louis Proyect on Vimeo. General Butler invoked the 99% movement, telling the veterans: We are divided, in America, into…Read More

Category: Think Tank, Wages & Income, War/Defense

OECD Report: Linking Income Distribution With Growth

˜˜˜ Source: Bloomberg Brief January 24, 2012

Category: Data Analysis, Wages & Income

Measuring Wealth by Assets, Not Income

Interesting discussion at Economix looking at the top economic strata:. Instead of using income (as the Census does) to measure wealth, what if we looked at Assets instead (as the Federal Reserve’s Survey of Consumer Finances does)?. No surprise, the wealth gap as measured by net worth is much more extreme than that measured by…Read More

Category: Wages & Income

The Merrill Lynch Cramdown

Last month, I noticed this WSJ article, Merrill’s 2012 Pay To Drive Advisers To Richer Clients. I didn’t think much about it over the holidays, but it started gnawing at me. Perhaps it was reading a draft of Josh Brown’s book, Backstage Wall Street over the weekend that started me thinking about that piece. This…Read More

Category: Bailouts, Corporate Management, Investing, Wages & Income


Exactly 5 years ago today, the WSJ published this post (Plutonomics) about a rather fascinating study on wealth inequality. It was written by of all folks, Citigroup global strategist Ajay Kapur. In 2005, Kapur’s research team “came up with the term ‘Plutonomy’ in 2005 to describe a country that is defined by massive income and…Read More

Category: Politics, Wages & Income

Decline of Deference, Disdain for Über-Rich

Interesting observation: “Disdain for the uber-rich was unthinkable until — “It wasn’t the crash of 2008 that led to their fall from grace, nor exposure of the greed and stupidity that required a massive public rescue. It was their graceless reaction to the bailouts: no apologies, remorse or gratitude — even faked; just more arrogance,…Read More

Category: Psychology, Wages & Income

Inside the 1% (Big Picture Conference)

All of the Big Picture conference videos are now available. Here is the latest video posted: The One Percent: Breaking Down US Wealth Distribution. ~~~ Watch all of the Big Picture Conference for $39.95 or choose just the speakers you want to see on

Category: Employment, Wages & Income