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Market Oracle FREE Newsletter

Category: Employment

The analysis published under this category are as follows.

Economics

Sunday, September 05, 2010

Non Farm Payrolls: The Devil Is In the Adjustments / Economics / Employment

By: Jesse

Diamond Rated - Best Financial Markets Analysis ArticleWhen the US government announced a 'better than expected' headline growth number in its non farm payrolls report for August, a loss of 'only' 54,000 jobs versus a forecasted loss of 120,000 jobs, people had to wonder, 'How do they do it? We do not see any of this growth and recovery in our day to day activity.'

Here's one way that those reporting the numbers can 'tinker' with them to produce the desired results.

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Economics

Sunday, September 05, 2010

More Economic Stimulus to Fix Unemployment? / Economics / Employment

By: D_Sherman_Okst

Best Financial Markets Analysis ArticleIn a recent WSJ article titled “Romer Calls for More Stimulus” Romer stated that the government has the tools to fix unemployment and that we need more stimulus.

Another article in Yahoo quoted her stating that the government must lower taxes.

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Economics

Sunday, August 22, 2010

This Is Why There Are No Jobs in America / Economics / Employment

By: DailyWealth

Best Financial Markets Analysis ArticlePorter Stansberry writes: I'd like to make you a business offer.

Seriously. This is a real offer. In fact, you really can't turn me down, as you'll come to understand in a moment...

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Economics

Friday, August 20, 2010

Small Businesses are Not Hiring - Why Should They? / Economics / Employment

By: Mike_Shedlock

Best Financial Markets Analysis ArticleIn response to Creating Jobs Carries a Punishing Price, an article about Mr. Fleischer, president of Bogen Communications Inc. and why he is not hiring, I received an interesting email from "David" a reader who disagrees with Mr. Fleischer's stated reasons for not hiring.

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Politics

Monday, August 16, 2010

U.S. Military is America's Only Major Jobs Program / Politics / Employment

By: Global_Research

Best Financial Markets Analysis ArticleRobert Reich writes: Over 1,400,000 Americans are now on active duty; another 833,000 are in the reserves, many full time. Another 1,600,000 Americans work in companies that supply the military with everything from weapons to utensils. (I’m not even including all the foreign contractors employing non-US citizens.)

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Economics

Tuesday, August 10, 2010

Why U.S. Jobs Have Gone AWOL / Economics / Employment

By: Michael_Pento

There are three primary reasons why the US is suffering from structurally high unemployment: a pervasively irresponsible monetary policy, the continued attenuation of our manufacturing base, and an overleveraged consumer who must now reconcile his balance sheet. In reality, the latter two conditions are a direct result of the first. They are the result of a government that seeks to micromanage the cost of money and the rate of economic growth.

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Economics

Saturday, August 07, 2010

U.S. July Employment Situation, Lackluster Private Sector Job Growth Once Again / Economics / Employment

By: Paul_L_Kasriel

Diamond Rated - Best Financial Markets Analysis ArticleCivilian Unemployment Rate: 9.5% in July, no change from June's reading.  The unemployment rate was 5.0% in December 2007 when the recession commenced. Cycle high for recession is 10.1% in October 2009 and the cycle low for the expansion that ended in December 2007 is 4.4% in March 2007.

Payroll Employment: -131,000 in July vs. -221,000 in June, net loss of 95,000 jobs after revisions of payroll estimates for May and June.  Private sector payrolls rose 71,000 after a downwardly revised gain of 31,000 in June. 

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Economics

Friday, August 06, 2010

U.S. Dismal Jobs Picture, the Fed’s Misguided Money Printing Medicine / Economics / Employment

By: Mike_Larson

Best Financial Markets Analysis ArticleCan we just stop sugarcoating the issue? Dispense with the happy talk? Instead, let’s cut to the chase here: This job market sucks. Plain and simple.

By this stage in a true economic recovery, the country would be creating hundreds of thousands of jobs — month in and month out. But we aren’t. Not by a long shot!

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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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