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Read More: Prepping for Obamacare, Olive Garden and Red Lobster Cut Workers’ Hours; Are Other Companies Doing the same? Tip…
Link if video does not play: Mish on Capital Account . A New Way to Measure Unemployment On Monday, in the wake of a controversial drop in the unemployment rate, Gallup Economist Dennis Jacobe proposed a A New Way to Measure Unemployment . He proposed " Payroll to Population (P2P) — the number of Americans employed full-time for an employer as a percentage of the U.S
Lost Bet On Friday, I lost a bet made in March of 2010 regarding unemployment . I bet that the unemployment rate would not dip below 8% before June 2015. I crunched numbers many ways and simply decided there is no way the economy could possibly grow enough jobs.
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.
Excerpt from: French Unemployment Tops 3 Million, First Time Since 1999
View post: Email From Lead Analyst, Weekly Petroleum Supply Team on Possibility of Recession
See original article: Why OMT Cannot Possibly Solve Anything; Monti Warns Italian Unions; Over 200,000 Jobs at Risk; Italy’s Insane…
View post: Household Survey: Number of Employed Declines by 119,000 as Those Not in Labor Force Rises by Spectacular 581,000;…