Category Archives: Employment

Picture of the Day: Wall Street & Bull Under Assault

Posted on October 1, 2011 by macromon

This picture really captures the current market and social mood.  Three of New York’s finest having to guard Arturo Di Modica’s bronze sculpture of the Wall Street Bull  from protestors in Bowling Green Park near Wall Street in Manhattan. The … Continue reading →

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Charts of the Day: Asian-Americans Rising

Posted on September 17, 2011 by macromon

Here’s a couple  interesting charts from the BLS, which are sure to raise some eyebrows.  We’d be careful about jumping to snap and simplistic conclusions about the data.  There are many complex factors that determine these outcomes, not the least … Continue reading →

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This Time is Different

Posted on September 9, 2011 by macromon

Those dreaded words you never want to hear as an investor.  But check out the Fortune Magazine graphic of this recession relative to others since the WWII.   Yes it’s a balance sheet problem and the economy needs more time to … Continue reading →

Posted in Black Swan Watch, Charts, Demographics, Economics, Employment, Fiscal Policy, Policy, Politics | Tagged , , | 12 Comments

Chart of the Day: Youth Employment Ratio Lowest on Record

Posted on August 28, 2011 by macromon

The BLS reports, In July, the employment-population ratio for youth—the proportion of the 16- to 24-year-old civilian noninstitutional population that was employed—was 48.8 percent, a record low for the series. Long flash mobs and water cannons. (click here if chart … Continue reading →

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64% of Americans Can’t Handle a $1,000 Emergency Expense

Posted on August 11, 2011 by macromon

This is a stunning stat and shows how out of touch Washington and Wall Street are with Main Street.  Imagine if gas prices spike $2.00 per gallon.    CNN writes, A majority, or 64%, of Americans don’t have enough cash … Continue reading →

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The Tale of Two Americas

Posted on August 5, 2011 by macromon

We were at Borders books today as they liquidate the last of their inventory.  They’re literally selling the furniture, including the local store’s commercial espresso maker for $3,000.   The place was fairly busy, which goes to show robust spending … Continue reading →

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

U.S. Nonfarm Employment – M/M Change in Selected Industries

Posted on June 7, 2011 by macromon

(click here if chart is not observable)

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Lumber Prices: Leading Indicator for Private Nonfarm Payrolls?

Posted on June 2, 2011 by macromon

In the chart below we take a look at the relationship between lumber prices and private nonfarm payrolls.   Clearly they tend to move together on a monthly basis.  One of the transmission mechanisms of monetary policy is the impact … Continue reading →

Posted in Charts, Commodities, Employment, Housing | Tagged , | 4 Comments

Chart of the Day: U.S. Employment by Industry

Posted on May 9, 2011 by macromon

Great chart from the BLS showing the increase in private nonfarm employment by industry:

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Inflation Cometh: The End of Cheap Chinese Goods

Posted on March 24, 2011 by macromon

We  posted yesterday about the end of Chimerica and have written several pieces on the rapid increase in Chinese manufacturing wages and end of the secular disinflation caused by the entry of the country’s labor force into the global economy.   … Continue reading →

Posted in China, Commodities, Employment, Policy | Tagged , , , | 4 Comments