Category Archives: Employment

Creative Destruction 2.0

Posted on January 19, 2012 by macromon

R.I.P, Eastman Kodak, may you rise like a Phoenix out of bankruptcy.   If only you were owned by the government,  Larry Wood, as pictured below, might still have his job doing the same work he was doing in 1968. (click … Continue reading →

Posted in Economics, Employment, Energy, Policy, Politics | Tagged , , , | 4 Comments

U.S. Employment and Wage Growth in Large Counties

Posted on January 10, 2012 by macromon

Interesting data points on the U.S. employment situation from the BLS: From June 2010 to June 2011, employment increased in 215 of the 322 largest U.S. counties, the U.S. Bureau of Labor Statistics reported today. Ottawa, Mich., posted the largest … Continue reading →

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

U.S. Employment: The Postman, No FEDEX Delivers

Posted on January 6, 2012 by macromon

Well, not really the postman — who is at high risk losing his/her job — but maybe FEDEX and UPS.   Note the second chart, government is the only industry that lost jobs.   As long as those jobs are … Continue reading →

Posted in Employment | Tagged , , | 1 Comment

Quote of the Day: The Big Think

Posted on December 28, 2011 by macromon

“Tech companies are creating plenty of jobs for robots.” — Daniel Honan,  The Robot Hiring Boom Has Arrived

Posted in Employment, Nonlinear Thinking | Tagged , , , | Leave a comment

Snapshot of the U.S. Labor Market

Posted on December 27, 2011 by macromon

Some interesting data on the U.S. labor market from the BLS. The charts illustrate that office and administrative support is the largest occupational group in the United States, totaling 17 percent of employment.  Sales and related occupations were second and … Continue reading →

Posted in Charts, Demographics, Employment | Tagged , | Leave a comment

U.S. Real Earnings, November 2011

Posted on December 21, 2011 by macromon

Ouch!  Only three positive months in the last year. Lots of pain out there.  Be charitable this holiday season, our friends.  The return is tremendous. (click here if graph is not observable)

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Nonlinear Thinking: Drone High Rise Construction Workers?

Posted on December 18, 2011 by macromon

Imagine if/when this becomes scalable.   Another potential example of the structural change taking place in the labor force and employment trends.  Remember the 11th Commandment:  Those who remain flexible shall not be broken (and better let your children grow up … Continue reading →

Posted in Employment, Nonlinear Thinking | Tagged , , , | Leave a comment

Italy Works Over 20% More Hours Than Germany and France

Posted on December 12, 2011 by macromon

The stereotype of lazy southern Europe and the hard working North is just not reflected in the data.   We came across this BLS data set over the weekend which was very enlightening and, in part, smashes this widely held generalization. … Continue reading →

Posted in Black Swan Watch, Employment, Euro, Sovereign Debt, Sovereign Risk | Tagged , , , , | 5 Comments

The Collapse of Construction Employment

Posted on December 8, 2011 by macromon

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 this sector is … Continue reading →

Posted in Employment | Tagged , | 1 Comment

U.S. Payroll Employment By Industry, November 2011

Posted on December 2, 2011 by macromon

Here’s what the BLS had to say about this morning’s employment report: In November, nonfarm payroll employment rose by 120,000. Employment continued to trend up in retail trade, leisure and hospitality, professional and business services, and health care. Government employment … Continue reading →

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