Archive for the ‘Jobs’ Category

How to listen to HRC’s big economics speech tomorrow

July 12th, 2015

Ariel: [about Leopold] He taught me a lot… Andrew: Like what? Ariel: Like how to listen to Mozart. Andrew: With your ears, right? –from Woody Allen’s “A Midsummer Night’s Sex Comedy” Hillary Clinton is poised to give an important speech tomorrow (Monday) explaining her diagnosis and prescriptions on the U.S. economy, with a focus on wage stagnation and… Read more

June jobs: continued, solid gains, but that 5.3% unemployment rate makes the job market look tighter than it is

July 2nd, 2015

Today’s jobs report was a bit weaker than expected, and a bit weaker than it looked at first blush. While payrolls were up 223,000 in June, in line with expectations, and the unemployment rate fell to a record low in this recovery of 5.3%, mitigating factors include: –downward revisions in payrolls for April and May… Read more

Jobs day…on Thursday?? Really???

July 1st, 2015

Really. When our revolutionary founders defeated the British, they declared that when people work a short week due to our nation’s birthday, the BLS should release the jobs report a day early. So we’ll get June’s jobs numbers tomorrow instead of Friday. Here’s the Bloomberg consensus. Source: Bloomberg Barring a surprise, I expect a payroll… Read more

Yeah, baby–new OT rule is out and it’s strong!

June 29th, 2015

I’ve got a longer piece up on PostEverything, but here are the key ‘grafs from the POTUS’s announcement on this tonight (my bold): We’ve got to keep making sure hard work is rewarded. Right now, too many Americans are working long days for less pay than they deserve. That’s partly because we’ve failed to update overtime… Read more