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Tag Archives: Unemployment
U.S. Employment Situation – December 2012
Looks like construction hiring is starting to kick in. We’ll post something more on this later today. The BLS reported this morning, Nonfarm payroll employment rose by 155,000 in December, and the unemployment rate was unchanged at 7.8 percent, the … Continue reading
French Unemployment Still Rising
France’s unemployment rate has risen again, with the picture particularly bleak for young people… Using International Labour Organisation measurements, the jobless total reached 10.3 percent of the workforce in the third quarter of this year. The rise in youth unemployment … Continue reading
Weekly Eurozone Watch
Key Data Points German 10-year Bund 9 bps lower; France 10-year 6 bps wider to the Bund; Italy 13 bps wider; Spain 16 bps wider; Portugal 46 bps wider; Ireland 6 bps wider; Greece 99 bps wider; Large Eurozone banks … Continue reading
Posted in Weekly Eurozone Watch
Tagged Eurozone Sovereign Spreads, Eurozone Watch, Greece, Italy, Mario Monti, Spain, Unemployment
1 Comment
U.S. Employment Situation – October 2012
The BLS reported this morning, Total nonfarm payroll employment increased by171,000 in October, and the unemployment rate was essentially unchanged at 7.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in professional and business services, health care, … Continue reading
U.S. Employment Situation – September 2012
The BLS reported this morning, The unemployment rate decreased to 7.8 percent in September, and total nonfarm payroll employment rose by 114,000, the U.S. Bureau of Labor Statistics reported today. Employment increased in health care and in transportation and warehousing … Continue reading
Unemployment Rates of Selected OECD Countries
Nice chart from the BLS. (click here if chart is not observable)
U.S. Employment Situation – August 2012
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
U.S. Employment Situation – July 2012
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
Italians ask the IMF
In this video, the IMF invited Italians to share their biggest worries about Italy’s economy. The IMF’s top economist on Italy, Kenneth Kang, takes questions about unemployment, taxes, and growth as part of the IMF’s annual economic evaluation of Italy’s … Continue reading
Posted in Black Swan Watch, Economics, Euro, Fiscal Policy, Italian Yields, PIIGS
Tagged Growth, IMF, Italy, Unemployment
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OECD sees growing eurozone jobs crisis
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)
Global Macro Monitor 