Private sector job creation in the 2001 recession recovery
is the worst on record in the post WWII period:

Private Sector Job Creation (2001 Recession/Recovery)
Click for larger graphic


Source: EPInet

To merely keep up with Population growth, the economy
requires ~150k new positions created per month. That is not happening now on an
ongoing basis. If this expansion – modest though it may be – is going to
continue, a string of job creation in the 150k plus for several continuous
months is required.


Random Items:

Fewer Jobs Added Than Expected In March

Implementing Monetary Policy

How Venture Capital Thwarts Innovation

Some good news from the tax man

Free trade may have finished off Neanderthals

Strangely Familiar

2005 Pulitzer Prize Winners


Quote of the Day:

"I know the price of success: dedication, hard work and an
unremitting devotion to the things you want to see happen."

-Frank Lloyd Wright

Category: Economy, Markets

Disruptive Use of Net: Peerflix

Category: Film, Markets, Music, Web/Tech

The Stupid Phase of Oil

Category: Commodities, Psychology

Economists React to Jobs Data

Category: Economy

Living Will

Category: Politics

Jobs Data is Irrelevant to Inflation

Category: Economy

110k Jobs: Fugly

Category: Economy

Monster Jobs: Military, Mining, Forestry

Category: Commodities, Economy

Cheap Gas

Category: Commodities, Markets

Media Appearance: Power Lunch (3/30/05)

Category: Media