Unemployment Archive
Japan’s Hidden Jobless Hits 4.69mn, Worse Than After Lehman Shock
Employment, Japan
Nov 16, 2011
Japan’s Hidden Jobless Hits 4.69mn, Worse Than After Lehman Shock November 16 (Nikkei) —The number of Japanese that want to work but are not actively seeking employment has surpassed levels from after the global financial crisis erupted, according to government data released on Tuesday. Some people have given up searching for work
...Read More
Merkel comments
Employment, EU, Germany, Italy
Nov 10, 2011
*DJ Merkel: “Euro Zone Solidarity Must Be Combined With Sound Budget Measures” To make sure unemployment never comes down and unit labor costs stay down. *DJ Merkel: Italy Will Put Through Planned Austerity Measures Soon Also to make sure unemployment never comes down and unit labor costs stay down.
...Read More
Payrolls and a Fed rant
Utter failure of policy. The Fed was certain it knew what Japan had done wrong and wasn’t going to make THOSE mistakes. So it Cut rates much more aggressively. Said it would do whatever it takes. Figured out how to do its job as liquidity provider after only 6 months of alphabet
...Read More
Jobless Claims Dip, Still in Range; Trade Deficit Jumps
As previously discussed, the real economy seems to be muddling through, and at firmer levels than the first half of the year. The trade report will probably result in Q2 GDP being revised down to just below 1%, but up from the .4% reported for Q1 So Q3 still looks like it
...Read More
Economy Faces a Jolt as Benefit Checks Run Out
Employment, Government Spending
Jul 11, 2011
When there is a lack of aggregate demand due to high ‘savings desires’ as the unemployed take jobs when benefits expire, it just means someone else loses a job, and then some, as govt deficit spending falls as well, further reducing aggregate demand. It also serves to drive down wages, as per
...Read More
Obama Responsible for Poor Jobs Picture: Bachmann
Deficit, Government Spending, Greece, MMT
Jul 09, 2011
Couldn’t agree more, but for different reasons. (feel free to repost) Comments below: Obama Responsible for Poor Jobs Picture: Bachmann By Jeff Cox July 8 (CNBC) — The dismal state of employment offers more proof that President Obama’s economic plan isn’t working, Republican presidential candidate Michele Bachmann told CNBC. Agreed! Speaking just
...Read More
Modern Monetary Theory: The Last Progressive Left Standing
Uncategorized
Jun 13, 2011
Modern Monetary Theory: The Last Progressive Left Standing By Warren Mosler
...Read More
Payrolls
Employment, Equities, Fed
Aug 06, 2010
Karim writes: Not a game changer in my view and doesn’t compel the Fed to change course next week. Private sector gradually churning out jobs; hours, wages, and diffusion index ok. Private payrolls up 71k after avg of 41k of prior 2mths but well off highs of 200k avg of Feb and
...Read More
Madness continues
Employment
May 28, 2010
> > (email exchange) > > On Thu, May 27, 2010 at 6:48 PM, Marshall wrote: > UNEMPLOYMENT EXTENSION HUNG UP – Even after Democratic leadership scaled back its bill to reauthorize several domestic aid programs, reducing its impact on the federal budget deficit by $50 billion, conservative rank-and-file Democrats remain in their perpetual
...Read More
2009-05-08 USER
Daily
May 08, 2009
[Skip to the end] Karim writes: NFP -539k; net revisions -66k, and +60k contribution from census workers (census workers will add about 75k jobs/mth thru year-end) Underlying trend doesn’t show any real change Index of aggregate hours down another 0.6% and avg weekly earnings up 0.1% Wage and salary component of personal
...Read More
- 1
- 2