Jobs

Bear or Bull Market: What’s the Beef? (January 11)

Update 322 — Bear or Bull: What’s the Beef? What Market Volatility Means for Real Economy Markets are notoriously difficult to read, let alone predict.  And market performance correlates to growth and other macroeconomic factors in an opaque way.  But the increasingly erratic capital markets are arresting attention and arousing concerns. Which of these real …

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What do Amazon and the GM Layoffs Portend? (November 27)

Update 314 — An Economy Shifting Gears: What do Amazon and the GM Layoffs Portend? Major tidal shifts and cross-currents underlying the changing American industrial landscape have been on full display in recent weeks.  Last month, Amazon announced it was going to base its second headquarters out of both New York and Virginia, promising to …

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Peering over the Fiscal Cliff (Apr. 11)

Update 262 — Peering over the Fiscal Cliff: Trillion-Dollar Deficits Far as the Eye Can See Earlier this week, the Congressional Budget Office (CBO) projected that the federal government’s annual budget deficit will reach $1 trillion next fiscal year.  Under current CBO expectations, the national debt will exceed $33 trillion by fiscal 2028, up from …

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Median Income Hits New Record But… Who Has Seen the Wage Gains? (Sep. 13)

Update 203 — Median Income Hits New Record But… Who Has Seen the Wage Gains? The news out of the Census Bureau yesterday that median household income has reached record heights — $59K — following an average growth rate of more than four percent over 2015 and ’16 — was an unambiguously good and a …

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Jobs & Job Training (Jul. 24)

Update 194 — Jobs and Job Training: Repeal & Defund vs. Resist & Defend Six months into the Trump administration — amid travel ban court fights, investigations, tweeted threats against investigations, staff shake ups, Russian collusion allegations, misspelled tweets, fake news, baked beans, and spam — the American worker, retired worker, and worker-in-training are still forgotten. Democrats …

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Full Employment Shortages (Jul. 11)

Update 190: Full Employment Shortages June Jobs Report & the Labor Market The BLS jobs report for the month of June, released last Friday, showed a resumption of net jobs gained — 222,000, up from 138,000 in May.  Unemployment came in at 4.4 percent, not far from what economists regard as maximum, or “full,” employment.  But …

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