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See more here: "Unbelievable Numbers" Says Former GE CEO Jack Welch; Another Look at Jobs Including Government Jobs and Self-Employment
Index of Aggregate Weekly Hours Average Hourly Earnings vs. CPI BLS Birth-Death Model Black Box The BLS Birth/Death Model is an estimation by the BLS as to how many jobs the economy created that were not picked up in the payroll survey.
Bloomberg reports Orders for U.S. Goods Excluding Transportation Unexpectedly Drop Orders for goods meant to last at least three years, excluding volatile demand for such things as airplanes and automobiles, fell 1.6 percent last month after a greater-than- previously estimated 1.3 percent decrease in July, the Commerce Department reported today in Washington.
While the bickering between France, Germany, and the Troika continues, Greece grapples with shadow of Golden Dawn Golden Dawn, which won 7 per cent of the vote in June’s election and entered parliament for the first time, is on a roll, pulling established parties to the right – including Corinth’s socialists. Polls suggest the party has gained ground since the election as anxiety deepens over a possible Greek expulsion from the euro. A poll this week showed a near doubling in the number of people expressing “positive opinions†about Golden Dawn, up from 12 per cent in May to 22 per cent now.
See the original post: Fair Trade is Unfair; In Praise of Cheap Labor; Are Bad Jobs at Bad Wages Better…
Does Mitt Romney really "Know Better" than the silly things he has said on the campaign trail lately? I ask the question because that subject came up twice recently, once in Time Magazine , and once in the Financial Times .
Read More: Davidowitz on QE and the Economy: "Bernanke is Certifiably Nuts"
View original post here: Romney’s Nearly Impossible Math; Foot-in-Mouth Disease; Mish Electoral College Prediction
click on chart for sharper image General Comments Gasoline usage is the same as it was in 2001 or 2002, depending on the month.