Tag Archives: bureau of labor statistics
What Happens When Work Doesn’t Pay
Jobs data reported this week by the Bureau of Labor Statistics show that, as of the last business day of June, there are 10.7 million job openings. Hence, according to the numbers, there are many more available jobs than willing workers. Continue reading
How Uncle Sam Inflates Away Your Life
“Inflation is always and everywhere a monetary phenomenon,” once remarked economist and Nobel Prize recipient Milton Friedman. He likely meant that inflation is the more rapid increase in the supply of money relative to the output of goods and services … Continue reading
Bear Witness to the Madness
Second-rate economic data is first-rate news for Wall Street these days. We don’t quite comprehend the logic. But the popular reasoning goes something like this… Good economic data is bad for stocks. For it means the Fed will begin increasing … Continue reading
Something to Cheer About
This year’s on target to be a banner year for jobs growth. With a month still left, total payrolls have already increased by 2.65 million. An upsurge like this hasn’t been notched since the twilight of the last millennium. The … Continue reading
