Archive for the ‘Jobs’ Category

Manufacturing is lagging the rest of the job market. Is the strengthening dollar a factor?

October 3rd, 2014

The jobs report was solid today, providing another month of evidence that the recovery is reliably reaching the job market. But relative to the rest of the employment story, the manufacturing sector has settled into a less favorable trend. Though American manufacturing came out of its jobs trough with some vigor back in 2010, over… Read more

A solid jobs report as the recovery continues to lift employment…though not yet wages.

October 3rd, 2014

September turned in strong jobs numbers as payrolls were up 248,000, surpassing expectations (sort of; see below), and the unemployment rate ticked down to a six-year low of 5.9%. August’s initially disappointing payroll count of 142,000 was revised up to a more respectable 180,000, and the average work-week ticked up to 34.6 hours, a post-recession high… Read more

Jobs Day Tomorrow!

October 2nd, 2014

My model’s saying 180K, which is below the consensus of 215K. I’ll be very interested in the labor force participation rate, which appears to have stabilized over the past year, wiggling between 62.8% and 63.2%. That’s an important sign of an improved job market, though we’re still far from full employment. First impressions shortly after… Read more

When Trade Treaties Pose a Sovereign Threat

October 2nd, 2014

I’m rushing out but allow me to refer you to this weedy but important piece from Harold Meyeson in this AMs WaPo (Harold has been on a real tear lately, writing with great depth and clarity about the nexus of policy and inequality). Harold’s piece is about these “Investor-State Dispute Settlement (ISDS) provisions included in every significant trade… Read more