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rffrydr
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PostPosted: Fri Jul 07, 2006 8:57 am    Post subject: JOBS JOBS JOBS Reply with quote

We got goldilocks...and down. Retail looses again, minus 7000. BOJ, ECB and China all tightening within the month--all in the context of 3M guiding lower.

Hourly earnings keep getting underestimated and tracking inflation--which is moving higher. Is this where it begins? see "stagflation" below.

RUT:SPX continues to pay. Brave souls who want a little leverage and sell the emini futures at 1.65 SP/ 1 Russell ratio. --or keep the .65 short. shhh




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rffrydr
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PostPosted: Fri Feb 03, 2012 5:54 pm    Post subject: Reply with quote

Looks like we're about "due"! Of course it's that platform economy keeping those profit margins up high which provides the potential for a rush of hiring--all we need is a good scare Wink

Going in to today's jobs number was an almost consensus idea that Dec. jobs, flattered as they were by Xmas couriers, might have even been outright "rigged" by the government--this flowed naturally from the "truth" that GDP was all govt. doing; and all that was going to become all she wrote.

All big change begins with a lie. All great building is a bluff (Amazon earnings 1999 to get tacky). And it is this very anger at being cheated, this hostility of being forced to live the lie, that they will "cover" all the way up.

And then they'll xxx all the way to the credit union. Twisted Evil
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HenryTo
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PostPosted: Fri Feb 03, 2012 3:57 pm    Post subject: Reply with quote

State of US job market--1961 to the present.

http://www.chartoftheday.com/201202032.htm?T
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HenryTo
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PostPosted: Tue Jan 31, 2012 1:46 pm    Post subject: Reply with quote

The current big US exports: Higher education (accepting foreign Asian students in lieu of domestic Asian Americans); and selling US Green Cards for $500,000 a pop. Cool
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rffrydr
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PostPosted: Tue Jan 31, 2012 5:05 am    Post subject: Reply with quote

Don't forget when you talk savings in America you're talking home-and-hearth. In the Gelded Age we had MEW...now, we have 12mo foreclosures and jingle mail Twisted Evil
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PostPosted: Tue Jan 31, 2012 12:06 am    Post subject: Reply with quote

Bridgewater on US income growth (or the lack thereof).

Quote:
For the last two years, households have generally increased their spending faster than their incomes by reducing their savings rates. The December income and spending report was a break from this pattern, as spending growth rates weakened, income growth rates improved, and the savings rate ticked higher. Spending growth rates can’t outpace income growth rates indefinitely, and despite the uptick in December, income growth rates remain weak. While payroll growth is now above average, wage growth has continued to weaken. The share of national income that workers are receiving through compensation is at secular lows due to a combination of cyclical factors such as high unemployment rates and secular factors that have been in place for many years such as increasing competition from workers in emerging markets. The share of national income going to corporate profits is at secular highs, but companies are retaining a significant share of profits (i.e. they are saving), so this money is not flowing back to the economy. In addition, fiscal pressures remain a drag on income growth due to the weakness in direct government spending, lower transfers, and rising taxes. Incomes may improve very gradually as cyclical conditions recover and the pace of fiscal cuts slows, so healthy growth rates will likely continue to require additional declines in household savings.
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rffrydr
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PostPosted: Sat Dec 10, 2011 8:36 am    Post subject: Reply with quote

Bigger cycles and the Participation Rate:

http://ftalphaville.ft.com/blog/2011/12/09/785401/the-60s-cool-decade-lousy-age/


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PostPosted: Thu Dec 01, 2011 2:00 pm    Post subject: Reply with quote

Yardeni on U.S. jobs--looking good as long as the world's governments get their acts together.

http://blog.yardeni.com/2011/12/us-employment-confidence-indicators.html
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rffrydr
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PostPosted: Tue Nov 22, 2011 10:24 pm    Post subject: Reply with quote

Wall St. takes it in the heart:

http://www.bloomberg.com/news/2011-11-22/wall-street-unoccupied-with-200-000-job-cuts.html

Cry me a river! Maybe now we start getting investment banks run for... shareholders. That'd be a whole new dimension to OWS.
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PostPosted: Tue Nov 08, 2011 9:42 am    Post subject: Reply with quote

More on the demographic divide:

http://www.economist.com/blogs/freeexchange/2011/11/unemployment


Mechanical engineers right on the trail of the puppeteers.
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PostPosted: Tue Nov 08, 2011 12:28 am    Post subject: Reply with quote

Yardeni says job growth definitely looking up:

http://blog.yardeni.com/2011/11/us-employment-indicators.html
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rffrydr
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PostPosted: Fri Oct 07, 2011 6:41 am    Post subject: Reply with quote

Okay ....hurricane work, Xmas logistics is pulling 'em in. Teachers' weren't the big drag they were last year. Now if we can get some mementum: Xmas retail forced pull and restaurants forced pull. Manufacturing should pick up with Ford production alone, Volkeswagen plant et. al.

Not a great number for the depressionistas. Hang your hat on Govt. firings...which might take longer than you think. On the flipside, "Great Recession" now seem so quaint.

Bloomberg can't stop talking its Doomsberg line as market spikes UP. Luv it.
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PostPosted: Thu Oct 06, 2011 10:04 am    Post subject: Reply with quote

Weird fluke, US Autos were 1,2,3 in Sept Sales. Now IMporting jobs:

http://online.wsj.com/article/SB10001424052970204612504576610502455820880.html?mod=WSJ_qtoverview_wsjlatest
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PostPosted: Mon Oct 03, 2011 9:53 am    Post subject: Reply with quote

Huge seasonal coming up: Teachers. Have no idea how this will wash out.
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PostPosted: Wed Sep 28, 2011 8:15 am    Post subject: Reply with quote

Cramer interviews Paychex. What?! Misleadingly wrong information from the WSJ and health care impairments? World is better than you think:

http://video.cnbc.com/gallery/?video=3000048143
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PostPosted: Mon Sep 26, 2011 9:12 pm    Post subject: Reply with quote

Brookings analysis found that only 16 of the nation’s 100 largest metropolitan areas have regained more than half of the jobs they lost during the recession.
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