Taro Aso, Japan’s Finance Minister who has a serious problem with foot-in-mouth disease says Let Elderly People ‘Hurry Up and Die’
In response to Interactive Map: Job Gains and Losses in the Recovery by Job Type (Healthcare, Education, Mining, Construction, Finance, Real Estate, etc), I exchanged Emails with Salil Mehta who has a blog on Statistical Ideas. Salil asked for a better representation of some of the data in my post, specifically, a pair […]
Inquiring minds are investigating job creation and losses during the economic recovery. Data for following Tableau Software interactive map is courtesy of Economic modelling Specialists.
Assuming the BLS projections for the labour force until 2020 are correct, what will the unemployment rate look like for the rest of the decade?
The Financial Post has an interesting story on the state of the Canadian jobs market. It seem over 100% of job growth is from government jobs. Please consider Employment numbers hide the fact Canada is bleeding private sector jobs
Here is an excellent interview at The Economist Buttonwood Conference featuring Hugh Hendry. You may have to enter your email address to play, but I doubt it has to be accurate as there was no verification process. The interview is well worth a play in entirely, covering Gold, Hyperinflation, Treasuries, […]
In precisely the kind of news president Obama does not want heading into the election, Ford (F), Dow Chemical (DOW), DuPont (DD), and Advanced Micro Devices (AMD) all announced mass layoffs this past week as Firings Reach Highest Since 2010.
I wish I was making this up, and it certainly sounds like it’s something straight out of The Onion, yet here it is, on a Washington Post headline: French president pushing homework ban as part of ed reforms.
[credit provider=”AP”] Following the surprise drop in the unemployment rate last Friday, I have seen many conspiracy charges leveled against the BLS. I do not believe any of the conspiracy charges. Had Obama instructed the BLS to juice the numbers, someone in the BLS would surely be yapping. They are […]
[credit provider=”Wikimedia Commons” url=”http://en.wikipedia.org/wiki/File:The_hague_hofvijver.jpg”] The Netherlands has the 5th largest economy in the eurozone. Home prices are in the midst of a huge plunge notes reader Andrea who is from Italy but now lives in France. Andrea supplied links to articles in the Wall Street Journal and Bloomberg. She writes […]
I received an interesting email today from Andrea, who is from Italy but now lives in France. The email is about “pigeons”, a movement started by French entrepreneurs in protest of president Francois Hollande’s tax policies. The “pigeon” movement has gone viral on Twitter. Andrea writes …
European banks are supposed to be deleveraging. By now, most realise they are headed the opposite direction. In Spain, the increased leverage is pro-cyclical, 100% certain to cause a bigger problem down the road.
I have long stated the eurozone will breakup. Historically speaking, no currency union has ever survived in the absence of a political union.
New home sales in the greater Toronto area plunged 64% in the wake of government’s changes to insured mortgages (30yr to 25yr) and home equity line of credit restrictions (80% max to 65% max) which took effect in July. Lowest August on Record Reader Corey emailed the above comments and […]
If you are seeking an amusing yet disconcerting diversion from QE talk, please consider Lawmaker fined about $4,000 for insulting EU chief.
In response to Petroleum And Gasoline Usage Charts for June, July, August; Unemployment vs. Gasoline Usage Analysis, a post based on weekly petroleum stats from reader Tim Wallace, I received a very nice email including a superb set of charts from James Beck, Lead Analyst, Weekly Petroleum Supply Team for the […]
Lakshman Achuthan, CEO of ECRI says the US recession started in June.