It’s Raining Jobs!
On the Contrary: I am a big fan of contrary analysis, looking for where the masses and the media are exactly wrong about a major...
The Bifurcated Economy
How important was the economy to the election? According to exit polling data, it was the top issue, polling higher than Iraq, Terrorism,...
Bushwhacked on the Economy
There were two rather interesting points worth repeating in Barron’s Up and Down Wall Street column this morning. The first will be...
BLS Margin of Error
Sy Harding, author of Riding the Bear, writes: “In the fine print of the employment report each month, under a section titled...
Unemployment Rate: Saved by the Gals!
How did we get to that 4.4% unemployment rate? The answer lay in Table A: The “Employment” component expanded by +437k; Note...
NFP: Retiring the Over/Under Bet
A little over two years ago, I mentioned on Squawk Box that I was taking the "Under" on Non-Farm Payrolls. Since that...
Middle Class Squeeze Continues
I’ve been discussed the declining middle class for some time now — see The Disconnect and Economic Classes for a more...
Bloggers Take On: Employment
This is another of our new features: Blogger’s Take. It is inspired by — a nice word for stolen — the WSJ’s...
Household versus Establishment Surveys, part 42
For some reason, there seems to be this ongoing wishful thinking that somehow, this economy is creating far more jobs than we are...
Absurdly Large BLS Revisions, part II
Our previous look at this Absurdly Large BLS Revision simply wasn’t satisfying; So I had to spend some additional time reviewing...