While the Federal Reserve Board may have contributed to December’s market swoon, it also played a role in the stock market’s best January performance in more than three decades. In…
Economic Cycles Are Not Extinct
With the current recovery stretching to 113 months, it’s easy to forget that the economy is, and always has been, cyclical. Cycles can be manipulated to some degree, but they…
JOBS 3.0: More Studies, but Some Deregulation, Too
Yesterday we highlighted features of JOBS 3.0, which combines 32 separate bills into one. Many of the bills are merely housekeeping items with lofty titles, but, taken as a whole,…
When There Are More Jobs than Job Seekers
Yesterday, we looked at the record-breaking (Job Openings and Labor Turnover Survey) JOLTS data, which provided good news for American workers. But having more job openings than people looking for…
Almost Nobody Left Behind in U.S. Labor Market
If you started a new job last month, you’re not alone. In fact, 313,000 Americans found jobs in February. While 92,000 people found jobs in construction and manufacturing, another 50,000…
Can We All Be Greeters at Wal-Mart?
Job reports typically report on jobs as if they are a commodity; a job is a job, whether you’re a CEOs or a greeter at Wal-Mart. So it’s good news…