Tag: Wages

How To Lie With Inflation Statistics…

July 23, 2018 0 Comments
How To Lie With Inflation Statistics…

Inflation is probably one of the most difficult phenomena to understand. It’s such a difficult topic to understand, most people have difficulty defining it. At the very least, it can be defined as a broad increase in the average level of prices throughout the entire economy. Some people also define inflation as simply an increase […]

585 total views, 9 views today

Continue Reading »

Six Years After Recession, 93% Of Counties Still Haven’t Recovered…

January 13, 2016 0 Comments
Six Years After Recession, 93% Of Counties Still Haven’t Recovered…

President Obama’s track record on the economy has always come under scrutinization; more so with the upcoming 2016 presidential election. However, during the final State of the Union address, Obama decided to defend his record on the economy, by stating, “Anyone claiming that America’s economy is in decline is peddling fiction.” This is most likely […]

3,389 total views, 3 views today

Continue Reading »

Multiple Job Holders On The Rise… Again

January 9, 2016 0 Comments
Multiple Job Holders On The Rise… Again

In the past, wrote a blog entry about the surge in multiple jobholders and how it can be used as a good indicator in pointing out future market trends. Less than one year later, that surge appears to be happening again. Along with the anemic growth in economic output, slow wage growth and weak productivity […]

16,760 total views, no views today

Continue Reading »

Hillary Clinton Uses Misleading Productivity Chart In Part-Time Debate

July 11, 2015 2 Comments
Hillary Clinton Uses Misleading Productivity Chart In Part-Time Debate

I already knew this would happen on day, so it’s not a surprise why I am writing about this again. You might have seen this chart somewhere before: Anyone who believes Americans aren’t working hard enough hasn’t met enough American workers. pic.twitter.com/wyS1p8zcDo — Hillary Clinton (@HillaryClinton) July 9, 2015 I wrote about on one of […]

3,815 total views, 3 views today

Continue Reading »

Yellen: Productivity May Be Depressing Wages

May 24, 2015 1 Comment
Yellen: Productivity May Be Depressing Wages

I’ve discussed Productivity and Wages before in a rather long and slightly wonkish blog post. I also comment on how sluggish wage growth seems to be in this economy, despite strong employment growth each and every month. For the most part, you could blame the evident slack in the labor market for the slow wage […]

2,253 total views, no views today

Continue Reading »

Nope. We’re Still Not There…

May 8, 2015 1 Comment
Nope. We’re Still Not There…

There has to be some sort of payroll report checklist that the NBER or Fed can come up with to determine whether or not we’ve been getting good or bad job numbers. Then again, isn’t really a concise guideline in determining what can be consider good or bad, which is why this is called the […]

2,828 total views, no views today

Continue Reading »

This Chart Is Stupid…

April 29, 2015 2 Comments
This Chart Is Stupid…

I’ve talked about productivity before. I’ve also discussed wages. I’ve tried to avoid placing the two together until it was referenced. Considering that it is election season and the Democratic front is attempting to push the inequality issue, I figured that this chart would make an appearance sooner or later. Although its only one chart, […]

3,563 total views, no views today

Continue Reading »

You Call This Full Employment?

March 8, 2015 1 Comment
You Call This Full Employment?

Last Friday we received the much anticipated Employment Situation report, and barely anything unexpected happened (at least, if you’re me). The economy created 295,000 jobs last month, which was higher than the market forecast of 245,000 jobs. The unemployment rate also shank (for a bad reason) to 5.5% from 5.7%, which is the lowest level […]

4,708 total views, no views today

Continue Reading »

Multiple Jobholders On The Rise

February 9, 2015 3 Comments
Multiple Jobholders On The Rise

I think this is interesting to note when considering growth of the labor market. I always say that you should always consider wage growth when evaluating labor market growth. For that reason, I say that looking at multiple jobholders is a good indicator of determining trends in future labor market growth. It is actually important […]

6,175 total views, 2 views today

Continue Reading »

Average Hourly Earnings Surged in January… It Probably Won’t Last

February 6, 2015 2 Comments
Average Hourly Earnings Surged in January… It Probably Won’t Last

The economy has been making strong additions month after month in the area of job gains, reaching the 12th straight month of over 200,000 jobs created in a month. That is the most traction the economy has seen in over a decade. Of course, this recovery is incomplete unless we look at the wage growth […]

2,347 total views, 2 views today

Continue Reading »