Private Sector Job Creation, 2010-15
More than 11 Million Private Sector Jobs Created Over 5 years Source: FRED Regarding our earlier conversation about the data...
More Dumb Economic Conspiracy Nonsense
Friday’s jobs numbers were big, and the revisions below the surface were huge. Yet even before the release, the...
More on Temp Help vs NFP
Invictus observes: Regarding temporary help as a leading indicator, try putting the two payroll series (TEMP and PAYEMS) on separate...
Looking Beyond Jobs Numbers Headlines
I keep telling investors to ignore the monthly frenzy surrounding the monthly jobs report (see this, this and this). It isn’t...
Job Recovery All Oil & Fracking ? Hardly
“All of the job growth from 2007 to today can easily be attributed to the shale oil fracking situation and the oil...
You Don’t Know Non-Farm Payrolls
How to Read the Monthly Jobs Report Watch the trend in the monthly jobs report, not the number in any one month. Bloomberg, December 5,...
Yellen’s Jackson Hole Speech: Labor Market Dynamics and...
Labor Market Dynamics and Monetary Policy Chair Janet L. Yellen FRBKC Economic Symposium Jackson Hole, Wyoming August 22, 2014 ...
The Bifurcated Recovery in Jobs
Recovery’s Great If You Were Already Rich (or Even Modestly Well Off) The beneficiaries of the economic recovery have been a...
Ignore Today’s – Indeed Most — NFP reports
Ignore Today’s — and Most — Jobs Reports The employment situation report is the single most over-hyped, over-analyzed,...