Category Archives: Employment

Job Creators in Chief

Posted on September 16, 2012 by macromon

Let us begin by saying we don’t like the title of this post and believe it is misleading. The President cannot,  in our opinion, directly create permanent jobs in the private sector.  Of course, he can hire federal workers and/or … Continue reading →

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U.S. Employment Situation – August 2012

Posted on September 7, 2012 by macromon

Given the President’s demeanor during his acceptance speech at the DNC last night, which seemed a little drained and down to us,  we suspected the employment numbers would disappoint this morning.  He had a heads up on this morning’s punk … Continue reading →

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Europain: Young and Unemployed

Posted on September 4, 2012 by macromon

The following chart from the Washington Post of Europe’s unemployed youth really captures the human suffering of the European debt and banking crisis.   It also illustrates why labor reform needs to be a key component of the structural adjustment in … Continue reading →

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America’s Minimum Wage Recovery

Posted on September 3, 2012 by macromon

The Miami Herald out with a piece today on Florida’s recovery being led by minimum-wage jobs, which also reflects a national trend. The Herald reports, Florida’s employment recovery hasn’t brought back many well-paying jobs. That’s the conclusion of a new … Continue reading →

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Jobs 2012: Government Jobs Exceed Goods-Producing Jobs

Posted on August 13, 2012 by macromon

We’re starting a new series titled, Jobs 2012, which will drill down into the employment and jobs data. We’ll analyze what kind of jobs are being created and lost in the current recovery, look at short and long-term trends, and … Continue reading →

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U.S. Employment Situation – July 2012

Posted on August 3, 2012 by macromon

The jobs report was better than expected.  Construction jobs, which we have been monitoring, are still lagging, especially among specialty trade contractors, losing 12K jobs this month. Education and healthcare jobs rebounded to 38k up from last month’s lower than … Continue reading →

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Occupations with the highest job gains and losses

Posted on July 30, 2012 by macromon

Interesting piece from the BLS on trends in the U.S. labor market.  Note how employment has been “nursed” back to health.  Pun intended. Most of the occupations with the highest job gains between May 2007 and May 2011 were related … Continue reading →

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OECD sees growing eurozone jobs crisis

Posted on July 10, 2012 by macromon

Listen to how the OECD sees structural unemployment in low skilled jobs due to technology. …challenges we have never seen before. – Angel Gurria, OECD (click here if video is not observable)

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U.S. Employment Situation – June 2012

Posted on July 6, 2012 by macromon

The jobs report disappointed recent upward revisions with nonfarm employment increasing 80K from May to June, with the private sector creating 84K new jobs.   Construction jobs, which we wrote about in our last post,  disappointed coming in with just a … Continue reading →

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Will Construction Begin to Lead Job Creation?

Posted on July 5, 2012 by macromon

Lots of chatter out there about a housing bottom and recovery.  Whether true or not the U.S. labor market sure could use one even though “residential building” employment as formally defined by the BLS is a surprisingly smaller share of … Continue reading →

Posted in Employment | Tagged , , , | 1 Comment