Category Archives: Employment

Connecting the Dots: The Coming War Between Generations

Posted on March 1, 2011 by macromon

Almost everyday the newspaper headlines across the country warn of problems with local government budgets centered around public sector employee wages and benefits.  Today one read,  County Pension System Hits Tipping Point.  The other day it was how one city … Continue reading →

Posted in Budget Deficit, Currency, Demographics, Dollar, Economics, Employment, State and Local Government | Tagged , , , , | 11 Comments

Ken Rogoff Expects “Serious Social Unrest” in the U.S.

Posted on February 10, 2011 by macromon

Now this is depressing but not surprising.  Forbes writes, Harvard economist Kenneth Rogoff, co-author of a best-selling book on financial crises, This Time It’s Different, told Forbes today in an exclusive interview that the high unemployment rate and high levels … Continue reading →

Posted in Employment, Geopolitical, Politics, Sovereign Risk | Tagged , | 1 Comment

Ron Paul to Hold Feb 9th Hearing on Federal Reserve

Posted on February 7, 2011 by macromon

Press Release,  February 2, 2011 WASHINGTON:   Domestic Monetary Policy and Technology Subcommittee Chairman Ron Paul announced today the Subcommittee will meet for a hearing to examine the impact of Federal Reserve policies on job creation and the unemployment rate. … Continue reading →

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

Larry Summers on structual change in U.S. labor market

Posted on January 16, 2011 by macromon

In one of his first interviews since leaving the White House,  Larry Summers talks about the structural changes taking place in the U.S. labor market on today’s GPS with Fareed Zakaria.  He mentions the IT take-off and the new jobs … Continue reading →

Posted in Apple, Employment, Equities, Video | Tagged , , , , | Leave a comment

Nonlinear thinking: Going Gaga Over Transformative Tech

Posted on January 10, 2011 by macromon

One of the great problems of asset bubbles is not only the creation of too much capacity, but the misallocation of resources.   Our good friend and market guru extraordinaire, Barry Ritholtz, wrote of one such case back in 2005,  during … Continue reading →

Posted in Apple, Black Swan Watch, Demographics, Employment, Equities, Technology, Video | Tagged , , , | Leave a comment

California [Bad] Dreamin’

Posted on January 6, 2011 by macromon
Posted in Employment, Muni Bonds, Muni Market | Tagged , | Leave a comment

Did the Russell 2000 predict the better than expected ADP?

Posted on January 5, 2011 by macromon

Did you notice the better than expected ADP employment report this morning.  It was the largest monthly jump ever in this report, with most of the jobs created in small and medium sized businesses? Recall we wrote on January 3rd … Continue reading →

Posted in Budget Deficit, Currency, Employment, Fiscal Policy, Muni Bonds, News, Policy, Politics | Tagged , , , , | 2 Comments

Betting on a Jobs Recovery, Christie, and Brown….

Posted on January 3, 2011 by macromon

Like others, we can’t help but notice the massive outperformance of small caps in 2010, with the Russell 2000 doubling the performance of the S&P500. The Russell was up over 25 percent in 2010.  Isn’t this only supposed to happen … Continue reading →

Posted in Bonds, Budget Deficit, Economics, Employment, Equities, Fiscal Policy, Muni Bonds, Muni Market, Politics | Tagged , , , | 2 Comments

U.S Employment: 25 percent of Jobs Are In 15 Occupations

Posted on December 28, 2010 by macromon

Interesting chart and detailed data on the profile of U.S. employment  from the Department of Labor.  Take a look at the Top 25 percent (x/ nurses) and you can see why employment is so sensitive to the “wealth effect” generated … Continue reading →

Posted in Employment | Tagged , | 1 Comment