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...
An Absurdly Large Outlier in the History of BLS Revisions
OK, let’s have a quick look at Friday’s NFP: Yes, we know that 51k new jobs stink; No, it was not a "perfect...
What’s Really Propping Up The Economy?
BusinessWeek asks the million dollar question: "What’s Really Propping Up The Economy?" Their answer —...
Are Labor Costs Really Rising ?
I mentioned yesterday that I found two recent pieces of government data unbelievable: • I don’t believe housing prices are...
Welcome Back My Friends . . .
. . . to the show that never ends, we’re so glad you could attend, come inside, come inside: > With the Summer officially over,...