Jobs

If this doesn’t convince you we’re on the elbow of the technology exponential curve, nothing will. Stay tuned, it’s going to be interesting next 20 years!

Here’s some interesting data from the Atlantic that shouldn’t have surprised us, but was an eye opener, nonetheless. The U.S. Federal payrolls are dominated by men and state and local government by women.

Here’s a great chart from the BLS showing the collapse of construction employment from May 2006-10. No surprise the largest declines are in the four housing bubble states — Nevada, Arizona, Florida, and California. Stunning employment in…

Michael Hudson was on RT's Capital Account with Lauren Lyster, speaking about the loss of democracy that has accompanied the global financial crisis. The video is below, but recently Michael also wrote two articles for the Frankfurter…

A breakdown of employment gains and losses by industry plus an excerpt of what the BLS had to say about this morning’s employment report

As often is the case, economic data can be a bit of a Rorschach test, in that reasonable people can see and value different aspects of the report. This holds for today's US employment report. The headlines were good--140k private sector…

Bottom line: the numbers are decent but they beat expectations. Markets are in a bullish end of year tape painting frame of mind, so stocks will rally. Daddy needs a bonus so Santa is indeed coming to town. The Santa Claus rally is on.

The dollar is trading on an easier footing as risk improves ahead of payrolls and hope of EZ action. US private payrolls expected to come in at 150k; strong report likely to be supportive of sentiment. Merkel calls for treaty changes in…

Foreign news for 1 December 2011 focuses on Europe, and in particular Spain.

Foreign news links for 27 November 2011. We have a variety of links here today with most focused on the European sovereign debt crisis. Protest and terrorism are two other topics of great interest.