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Market Oracle FREE Newsletter

Category: Employment

The analysis published under this category are as follows.

Economics

Thursday, August 05, 2010

U.S. Employment Data ADP vs. BLS Job Reports, Who to Believe? / Economics / Employment

By: Mike_Shedlock

Best Financial Markets Analysis ArticleThe ADP July National Employment report is out. Let's take a look.

Private sector employment increased by 42,000 from June to July on a seasonally adjusted basis, according to the latest ADP National Employment Report® released today.

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Politics

Wednesday, August 04, 2010

How to Look for a Job / Politics / Employment

By: Fred_Sheehan

Unemployment is stuck in a rut. One reason is the tendency to look backwards. Trillions of dollars have been spent (with no end in sight) to bail out financial institutions, homebuilders, and failing industries. The federal government is spending $787 billion on a rejuvenation plan: ARRA - the American Recovery and Reinvestment Act of 2009. In the bill, $500 million is sequestered to metamorphose former credit-default swap salesmen into nurses and public health workers. Assuming the government wastes half of that money filling a new bureaucracy to administer the training, that still will be a lot of new nurses.

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Economics

Monday, August 02, 2010

Naked Capitalism Temporary Insanity Defending Unions, Blog Wars? / Economics / Employment

By: Mike_Shedlock

Best Financial Markets Analysis ArticleI remain in awe of how people who can think clearly most of the time, occasionally stray off the deep end defending socialist idiocy. This is one of those times.

For some inexplicable reason Yves Smith at Naked Capitalism has chosen to re-post Summer Rerun: Debunking the Notion that Unions Hurt Productivity

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Economics

Saturday, July 24, 2010

Wages and Subsistence / Economics / Employment

By: MISES

Diamond Rated - Best Financial Markets Analysis ArticleThe life of primitive man was an unceasing struggle against the scantiness of the nature-given means for his sustenance. In this desperate effort to secure bare survival, many individuals and whole families, tribes, and races succumbed. Primitive man was always haunted by the specter of death from starvation. Civilization has freed us from these perils. Human life is menaced day and night by innumerable dangers; it can be destroyed at any instant by natural forces which are beyond control or at least cannot be controlled at the present stage of our knowledge and our potentialities. But the horror of starvation no longer terrifies people living in a capitalist society. He who is able to work earns much more than is needed for bare sustenance.

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Politics

Saturday, July 24, 2010

Green Jobs from the Government Not Gonna Happen / Politics / Employment

By: Richard_Daughty

Best Financial Markets Analysis Article"Green Jobs Don't Exist in a Free Market" was the headline for Tom DeWeese, writing at NewsWithViews.com, which is exactly right; the only jobs that exist in a free market are those supplying real demand for, as an example, hamburgers, pizza, fried chicken and tacos, which has resulted in fast-food restaurants supplying them to be located on, seemingly, every other block in the Whole Freaking Country (WFC).

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Economics

Thursday, July 22, 2010

Job Creation versus Job Destruction / Economics / Employment

By: Paul_Mladjenovic

Best Financial Markets Analysis ArticleWe all want to see more jobs. As soon as possible and for everyone that wants a job. And even though I have touched on this subject before, it is an important topic that needs further attention.

At both the public and private levels, the talk is about “jobs” and doing “everything we can to create jobs” but the great tragedy is that federal economic policy makers (and many state level economic policy makers) simply don’t understand how to create jobs and are in fact enacting policies that destroy jobs. The reason why these policy makers are harming job creation and spurring on job destruction is really quite simple:

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Economics

Monday, July 19, 2010

Real Jobs vs Fake Jobs / Economics / Employment

By: LewRockwell

Best Financial Markets Analysis ArticleIn many ways, the unemployment numbers are much worse than they appear. One factor has been the timing of the US census. The bureau hired some 700,000 workers to collect data — people who otherwise were having a very difficult time navigating the choppy labor markets. They went for the jobs because they were a sure thing, paid decently, and didn't require unusual skills (anyone can knock on a door and pester people about their private lives).

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Personal_Finance

Thursday, July 08, 2010

Time to Hit the Reset Button on Life / Personal_Finance / Employment

By: DailyWealth

Dr. Steve Sjuggerud writes: "We're going to have to write a big check to get out of our house," a friend told me over the Fourth of July weekend.

He's moving far away from here.

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Politics

Monday, July 05, 2010

Young People Should Work for Free / Politics / Employment

By: Jeffrey_A_Tucker

Best Financial Markets Analysis ArticleWith young people nearly shut out of the market (by recession, regulation, "child" labor laws, and ghastly minimum wage laws), I would like to suggest the unthinkable: young people should work for free wherever they can and whenever they can. The reason is to acquire a good reputation and earn a good recommendation. A person who will give you a positive reference on demand is worth gold, and certainly far more than the money you might otherwise earn.

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Politics

Wednesday, June 23, 2010

Labor Market Dynamics, Defending the Rate Buster / Politics / Employment

By: MISES

Best Financial Markets Analysis ArticleWalter Block writes: The scene is familiar from hundreds of movies featuring labor themes: the young eager worker comes to the factory for the first time, determined to be a productive worker. In his enthusiasm, he happily produces more than the other workers who have been at the factory many years, and who are tired, stooped, and arthritic. He is a "rate buster."

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Economics

Saturday, June 05, 2010

U.S. Real Jobs Only Increase by 20,000, Unemployment Dips to 9.7% / Economics / Employment

By: Mike_Shedlock

Diamond Rated - Best Financial Markets Analysis ArticleThis morning the BLS reported an increase of 431,000 jobs. 411,000 of those jobs were temporary workers for Census 2010. Headline unemployment fell .2% to 9.7%.

Hidden beneath the surface the BLS Black Box - Birth Death Model added 215,000 jobs.

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Economics

Friday, June 04, 2010

What Do the ADP Employment Reports and CDO2s Have in Common? / Economics / Employment

By: Paul_L_Kasriel

The ADP National Employment Report estimate for May is an increase in private nonfarm payrolls of 55,000. Before revision, the April ADP estimated an increase in private nonfarm payrolls of 32,000, subsequently revised to an increase of 65,000. (Why does ADP revise its data? Does not the company know with certainty how many payrolls it processed in a month?) The first guess by the BLS for April private nonfarm payrolls was 231,000.

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Politics

Thursday, May 20, 2010

The Declining Value of Work / Politics / Employment

By: Pravda

Best Financial Markets Analysis ArticleOne of the great joys that men in free societies have long enjoyed is the ability to earn an honest wage for an honest day of work. In particular, the amazing capitalist engine that powered the U.S. economy for decade after decade greatly rewarded the incredible hard work and industriousness of the American people. America was known as the land of opportunity, and we built the largest middle class in the history of the world by working incredibly hard. But today, all of that is fundamentally changing. Thanks to rapid advances in technology, and thanks to the globalization of the work force, the labor of American workers is rapidly losing value. Automation, robotics and computers have made many jobs obsolete.

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Politics

Tuesday, April 27, 2010

"Crowd-Sourcing" IBM to Cut 3/4 of its Permanent Staff by 2017? / Politics / Employment

By: Mike_Shedlock

Best Financial Markets Analysis ArticleComputer Weekly and its sister publication, Personnel Today, claim IBM crowd sourcing could see employed workforce shrink by three quarters

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Economics

Tuesday, April 13, 2010

The U.S. Employment Outlook: Bad For Paychecks, Good For U.S. Stocks / Economics / Employment

By: Money_Morning

Best Financial Markets Analysis ArticleJon D. Markman writes: You undoubtedly know by now that the U.S. economy added 164,000 jobs in March. While that was the best number in ages, anyone who looked closely at the payrolls report issued by the U.S. Labor Department would discover that it was actually riddled with problems.

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Economics

Tuesday, April 13, 2010

IBM Abandons U.S. Workers / Economics / Employment

By: Mike_Shedlock

Best Financial Markets Analysis ArticleHere is an Email from "Voice in the Dark" about IBM and outsourcing. VID writes ...

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Economics

Tuesday, April 13, 2010

How to Manufacture an Economic Recovery / Economics / Employment

By: Graham_Summers

Best Financial Markets Analysis ArticleLast Friday the Bureau of Labor Statistics (BLS) announced that for the month of March, employers added 162,000 jobs. This would be fantastic news… if it were true.

Let’s have a look at these 162,000 jobs.

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Politics

Tuesday, April 06, 2010

Job Creation, Stupid Is as Stupid Does / Politics / Employment

By: Richard_C_Cook

No one can seriously doubt that the huge amounts of borrowed federal dollars poured into the economy since Barack Obama became president has prevented even more jobs from being lost than might otherwise have been the case in the current devastating recession. It’s impossible, however, to come up with a “real” number, because no economist has a good enough handle on matters to sort out all the variables at play, including readjustments due to the fall of housing prices, low interest rates, a slightly improved export environment, rebounding of depleted inventories, new highway construction resulting from stimulus spending, etc. Still, let’s look at some facts about the current so-called “recovery”:

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Economics

Friday, April 02, 2010

U.S. Jobs Increase by 136,000, Unanswered Questions About Seasonality / Economics / Employment

By: Mike_Shedlock

Best Financial Markets Analysis ArticleThis morning the BLS reported an increase of 136,000 jobs. Headline unemployment was unchanged at 9.7%. Before diving into the numbers let's look at a couple questions from a live Q&A session. The BLS took questions in advance.

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Economics

Tuesday, March 09, 2010

Unlocking the Jobs Dilemma / Economics / Employment

By: John_Browne

Best Financial Markets Analysis ArticleProductive, private-sector jobs - the lifeblood of a sound economy - are under assault by politicians in the United States and Western Europe, who have unwittingly taken a number of steps that make future job losses a foregone conclusion.

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