Jobs

For months, Ben Bernanke has been more or less pleading with fiscal policymakers to catch up to him. With yesterday’s announced agreement on tax cuts and the extension of unemployment benefits, Congress and the Administration are making the…

US employment data is wholly disappointing. Job creation much less than expected, unemployment rate jumps, hourly earnings flat and work week flat. The back month revisions pale in comparison to the disappointment. The market expected a…

The November US jobs report is slated for release tomorrow and there does not seem to be any reason not to look for a relatively robust report. The usual reports have been uniformly constructive. This includes, the ADP report, the weekly…

The number of US workers filing new applications for unemployment benefits rose 26,000 from last week's outlier 407,000 number. Last week's number was also revised higher to 410,000. Nevertheless, the trend in jobless claims is still down,…

The US economy grew at 1.9% for the last decade, the slowest since the 1930s. Given that government spending is going to go down, unemployment is going to take some time to get under control; and with the whole developed world in a mess, it…

Here's the bullish case for shares. I don't think you can sustain this in tech beyond a short-term rally without a robust investment in capital by business. And I suspect that would also mean increased hiring as well.

A cross post by Rick Bookstaber which originally appeared on his blog. My last post posited a future world where technology-driven production and consumption lead to a secular drop in demand, and with it a drop in employment, resulting in…

by Annaly Capital Management Plenty has already been written about last week’s nonfarm payroll data. Many have pointed out the weakness underlying the relatively strong +151,000 headline number: the household survey (which feeds the…

by Comstock Partners The headline numbers for changes in non-farm payroll employment are significantly overstated according to our examination of the data in the Bureau of Labor Statistics (BLS) website. This occurs as a result of the…

I was on RT TV America last Friday talking about the jobs report. The video from that discussion is below (it runs about 5 minutes).  Here's the deal: The US is in the midst of a technical recovery that has been on-going for about…