Category Archives: Employment

Euro Fracture: Italian Workers Rock Monti’s World

Posted on March 9, 2012 by macromon

(click here if video is not observable)

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U.S. Employment Situation – February 2012

Posted on March 9, 2012 by macromon

From today’s BLS release, Nonfarm payroll employment rose by 227,000 in February, and the unemployment rate was unchanged at 8.3 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in professional and businesses services, health care and social … Continue reading →

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Unit Labor Costs and Real Hourly Wages, 2011

Posted on March 8, 2012 by macromon

Good stuff from the BLS providing informative insight on trends in U.S. labor costs and compensation, For 2011, in both the nonfarm business and manufacturing sectors, annual average growth in unit labor costs was revised upward; this was due to … Continue reading →

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Clash of Generations: Young Adults Hit Hard

Posted on February 14, 2012 by macromon

Take a look at the Pew Research Center’s study of the relative unemployment rates among various age groups in the United States.   Young adults have been hammered by the Great Recession. Isn’t this the generation that is going to … Continue reading →

Posted in Demographics, Employment | Tagged , | 1 Comment

Sign of the Times: Striking Over Right to Strike

Posted on February 7, 2012 by macromon

(click here if video is not observable)

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U.S. Employment: Super Bowl Blowout!

Posted on February 3, 2012 by macromon

From today’s BLS release, Total nonfarm payroll employment rose by 243,000 in January, and the unemployment rate decreased to 8.3 percent, the U.S. Bureau of Labor Statistics reported today. Job growth was widespread in the private sector, with large employment … Continue reading →

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Global PMI at 7-month High

Posted on February 1, 2012 by macromon

Markit reports, The global manufacturing sector continued to record below trend growth at the start of 2012. At 51.2 in January, the JP Morgan Global Manufacturing PMI™ rose to a seven month high, but remained below its long-run average (51.8). … Continue reading →

Posted in Economics, Employment, Manufacturing | Tagged , , , | 3 Comments

Where Are the Labor Unions? The Public Sector….

Posted on January 30, 2012 by macromon

Excellent chart from the BLS on the union affiliation of U.S. wage and salary workers. We’ve noted the differences between public vs. private sector unions in prior posts.   Here is the WSJ cited in one of those posts, …unlike in … Continue reading →

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Clash of Generations: A Discussion in Davos

Posted on January 29, 2012 by macromon

We’ve posted several pieces on the coming war between the generations and even how the Occupy Wall Street and Arab Spring are more about intergenerational equity than anything else.   Here’s an interesting discussion from Davos for those who have … Continue reading →

Posted in Black Swan Watch, Demographics, Employment | Tagged , , | 3 Comments

The U.S. Wage Gap

Posted on January 26, 2012 by macromon

Interesting chart from the BLS on the U.S. wage gap by race, age, and gender.  Whatever the cause, it shows the U.S. still has a lot of work to do in closing these gaps through increasing the relative productivity of … Continue reading →

Posted in Black Swan Watch, Demographics, Economics, Employment | Tagged , , , , | 2 Comments