Category Archives: Employment

The Jobs Recovery By Industry

Posted on April 25, 2012 by macromon

Tonight we look at the jobs recovery by various industries. After 25 months of expansion in the U.S. labor market,  41 percent of the total amount of jobs lost during Great Recession have been recovered.  The private sector has created … Continue reading →

Posted in Economics, Employment | Tagged , , | 4 Comments

The Tale of Two Recoveries

Posted on April 24, 2012 by macromon

The Global Macro Monitor is running a series of charts this week analyzing the current jobs recovery. Today we have a couple of background charts looking at the change in monthly nonfarm payroll employment from January 1999 to the most … Continue reading →

Posted in Employment | Tagged , , , | 3 Comments

Inflation Convergence and Real Earnings

Posted on April 16, 2012 by macromon

The BLS chart clearly illustrates the convergence of core (x/ food and energy) inflation and all items.   Core inflation is up 2.3 percent y/y, which is a little hot given its recent history.  Here’s the BLS commentary, The index … Continue reading →

Posted in Black Swan Watch, Economics, Employment, Inflation/Deflation, Monetary Policy | Tagged , , , , | Leave a comment

Chart of the Day: Nonfarm Payrolls

Posted on April 9, 2012 by macromon

In case you missed it over the Easter weekend, we’re reposting the charts from our NFP piece from Friday. (click here if charts are not observable)

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U.S. Employment Situation – March 2012

Posted on April 6, 2012 by macromon

Nonfarm payrolls disappointed in March, posting a 120K increase.   Retail took a huge hit, losing 34K jobs and the construction industry, traditionally the lead driver out of recession, has yet to gain any real traction in creating jobs. The BLS … Continue reading →

Posted in Employment | Tagged , , , , , | 1 Comment

Greece’s Human Capital Flight

Posted on April 1, 2012 by macromon

(click here if video is not observable)

Posted in Black Swan Watch, Employment, Euro, PIIGS, Policy, Sovereign Debt | Tagged , , , | 2 Comments

Highest Employed Occupation? Retail Clerks…

Posted on March 29, 2012 by macromon

Good stuff from the BLS.   Here’s their latest analysis on U.S. occupations, Retail salespersons and cashiers were the occupations with the highest employment in 2011. These two occupations combined made up nearly 6 percent of total U.S. employment. The 10 … Continue reading →

Posted in Demographics, Economics, Employment | Tagged , , , | 1 Comment

PBS Newshour: Structural Unemployment in the U.S.

Posted on March 27, 2012 by macromon

Here’s a good piece on what we’ve been talking about. The days of simple unskilled manufacturing are long past. A problem that won’t be solved by zero interest rates and cyclical policies, by the way. (click here if video is … Continue reading →

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Is Inflation Driving the U.S. Wealth/Income Gap?

Posted on March 22, 2012 by macromon

The bears video got us motivated to put together a chart of the S&P500 and gas prices over the past year.   It’s stunning, though not surprising, to see how both series move together.   The two charts below help explain a … Continue reading →

Posted in Economics, Employment, Energy, Equities, Video | Tagged , , , | 12 Comments

Deconstructing the U.S. Employment Data

Posted on March 12, 2012 by macromon

Take a look at construction employment.  Now you know why the President’s political handlers are so desperate to get the housing market turned around.  Normally  lower interest rates stimulates the construction and leads the economy out of recession.   This time … Continue reading →

Posted in Employment | Tagged , , | 1 Comment