Hard hitting global and local news
Read the article: BLS Employment Projections Through 2022: How Many Jobs Require a College Degree?
Via translation from Les Echos please note a Sharp Rise in French Unemployment The number of Class A job seekers reached 3,626,500 in April. At this rate, the threshold of half a million more unemployed since the election of François Hollande will be reached this summer
Read the original: Employers Struggle to Find Qualified Graduates: Poorly Written Resumes to Blame?
Interview With James Rickards, Author of "The Death of Money" Posted by Michael Shedlock at 4:25 PM Disclaimer: The content on this site is provided as general information only and should not be taken as investment advice.
See more here: Steen Jakobsen on "Slow Growth Impact" of European Parliamentary Elections
Taken from: Fun Night for the Eurosceptics: UKIP and Front National Storm Brussels; Infighting Begins
Former Bundesbank Vice-President Recommends Gold, Says Current Economic System is "Pure Fiction" Anyone who is thinking clearly knows the economic system fostered by central banks is totally and completely out of control. Repetitive rounds of QE, competitive currency debasement, interest rates at zero, and sponsorship of the internet bubble followed by the housing bubble, followed by the current stock market bubble is proof enough. So, what I am about to report is really nothing but common sense, except for the fact that it comes from an unusual place, where one does not normally hear such discussions
Are Mortgage Credit Conditions "Tight"? A statement in regards to credit condition in a Bloomberg article this morning on New Home Sales caught my attention and merits further investigation. Here is the statement in question: " Builder optimism has eased as well, reflecting still-tight credit conditions and limited availability of lots
± 18.2 ± 22.3 Year-over-year, the US is down, the South is down, the Northeast is down, and the West is down. Only the Midwest is up. And please note the exceptionally wide confidence levels for Midwest sales. The Census bureau adds these additional notes "Changes in seasonally adjusted statistics often show irregular movement.
Please consider Bezos expects 10,000 robots at Amazon warehouses by 2015 Amazon.com plans to aggressively expand its use of robots at it warehouses in 2014, rolling out 10,000 of them by the end of 2014. Chief Executive Jeff Bezos told investors at Amazon’s annual shareholders meeting Wednesday that the company has about 1,000 robots picking products today. The robots are made by Kiva Systems, a company Amazon purchased two years ago for $775 million in a bid to further automate its warehouses