Jobs

Here's what I had to say about Europe on Capital Account with Lauren Lyster on Thursday night. I'm not bullish on the real economy there (but I still expect relative share outperformance due to lower P/Es). The US is having a bit of a data…

The US is a continental country, meaning that its economy is mostly domestic with only a small percentage coming from outside via trade. That makes the US much less beholden to external demand than countries like Germany that are…

The US jobs report is the main economic release today. In recent months, better than expected employment reports have spurred risk on trading and this has been dollar negative. Given the ADP report, despite the December skew in that time…

Over the holidays, a debate broke out in the blogosphere about the so-called job guarantee idea that the MMT folks have bandied about. I call this controversial idea "Unemployment Insurance for the 21st Century", something I first addressed…

Great piece from our friends at Al Jazeera. Looks like the military is no longer going to be the “employer of last resort.” Future veterans are going to highly trained in the cutting edge technology that will shape the next hundred years.…

A new universal direct job creation program would improve working conditions in the private sector as employees would have the option of moving into the JG program. Hence, private sector employers would have to offer a wage and benefit…

In the ongoing series of posts on technology's threat to existing labor roles, Global Macro Monitor highlights this video on robot farmers.

The Wall Street Journal's Stu Woo reports on how Amazon ramps up for the Christmas selling season in a much-read write-up for the paper with a focus on the thoughts of holiday season workers like 75-year old Ray Williams and his wife…

Imagine if/when this becomes scalable. Another potential example of the structural change taking place in the labor force.

The stereotype of lazy southern Europe and the hard working North is just not reflected in the data. We came across this BLS data set over the weekend which was very enlightening and, in part, smashes this widely held generalization.