Tag Archives: unemployment

  • Blog

    Job Hunting for the Unjabbed

    Finding A Job Without The Jab
    by Samantha Biggers

    Sunday, November 21, 2021, 1:57 PM

    18

    With millions of workers facing a looming vaccine mandate deadline, many are wondering if there are any good options for employment without vaccination. I have taken notice of the number of comments on PP from readers that are facing job loss or fear that they will soon be facing one even if their company does…

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  • News

    Full Employment, All’s Fair in Love and War

    Weekly Market Commentary November 5 2021
    by davefairtex

    Sunday, November 7, 2021, 7:42 PM

    23

    This week’s economic data: Payrolls: +531k headline, reasonably positive Auto/Light Truck Sales: +5.96% m/m, -26.3% y/y; heavy truck sales +9.025 m/m. Slight recovery. Wolf goes into more detail about the payrolls numbers. My summary: https://wolfstreet.com/2021/11/05/jobs-data-shows-something-big-changed-in-this-monstrously-overstimulated-economy/ Consumer spending surpassed its pre-pandemic record in Q1 2021 Private investment in buildings, equipment, and the like started setting new…

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  • News

    Bad Payrolls & Rented Mules

    Weekly Market Commentary 8 October 2021
    by davefairtex

    Sunday, October 10, 2021, 8:00 AM

    24

    Please note: there will not be a Weekly Market Commentary next week (15 October 2021) because Davefairtex will be on vacation. It was another bad payrolls report; headline +194k, with +475k expected. Friend-of-the-site Wolf Richter has a breakdown of this very complicated employment picture. People Not Looking for Work, Labor Force Drops. But Households Report…

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  • News

    Bad Payrolls, Destroy the Village

    Weekly Market Update 3 September 2021
    by davefairtex

    Monday, September 6, 2021, 9:56 AM

    28

    Market Commentary Payrolls was the market mover this week – they came in a lot lower than expected [headline +235k], still perhaps 5M below pre-pandemic levels. Wolf Richter has a good article breaking down why things haven’t gone so well for payrolls. No, it’s not “delta”. As I’ve said before, if you pay people not…

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  • Blog

    Mass Layoffs Are Back. Are You At Risk?

    Millions are going to lose their jobs in the coming recession. Will you?
    by Adam Taggart

    Friday, August 30, 2019, 3:35 PM

    47

    Imagine the following scene playing out at work tomorrow: You arrive in the morning to find a note reading ‘HR wants to see you’. About what?, you wonder. Seeing your HR manager already in the conference room with the door closed, you fidget as you wait. A knot begins to form in your stomach that…

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  • Blog
    Edler von Rabenstein/Shutterstock

    The Fuzzy Numbers Behind Initial Job Claims

    Goverment statistics delude us once again
    by Chris Martenson

    Thursday, September 29, 2016, 3:45 PM

    6

    “Fuzzy Numbers” is one of the most popular video chapters within The Crash Course. It explains many of the ways that government statisticians routinely distort economic truth, making things seem rosier than they are.

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  • Blog
    studiostoks/Shutterstock

    If Everything’s Doing So Great, How Come I’m Not?

    Are you better off than you were 10 years ago?
    by charleshughsmith

    Saturday, September 10, 2016, 12:26 AM

    23

    Whether it's struggling to keep up with the rising cost of living, a 0% return on savings, working longer hours while real wages stagnate, scrimping to pay back education loans, despairing at the abuses of power in our banking and political systems, or lamenting the loss of nourishing social interaction in our increasingly isolated and digital lifestyle — most "regular" people find their own personal experiences to be at odds with the rosy "Everything is awesome!" narrative trumpeted by our media.

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  • Blog
    Tatiana Shepeleva/Shutterstock

    Automating Ourselves To Unemployment

    How shortsighted policies are creating a long-term crisis
    by Adam Taggart

    Thursday, April 28, 2016, 1:39 AM

    47

    In this current era of central planning, malincentives abound. We raced to frack as fast we could for the quick money, while leaving behind a wake of environmental destruction and creating a supply glut that has killed the economics of shale oil. Our stock exchanges sell unfairly-fast price feeds for great sums to elite Wall Street high-frequency-trading firms, and as a result have destroyed investor trust in our financial markets.  The Federal Reserve keeps interest rates historically low to encourage banks to lend money out, yet instead the banks simply lever up to buy Treasurys thereby pocketing vast amounts of riskless free profit. The list goes on and on.

    One particular malincentive has been catching my attention recently, one that feels especially pernicious because it does not seem easily reversible, if at all. For US employers both large and small, it's becoming increasingly less appealing to employ human labor. 

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  • Blog
    Ljupco Smokovski/Shutterstock

    Demographics – Crash Course Chapter 15

    Age distribution is too lopsided to support entitlements
    by Adam Taggart

    Friday, September 26, 2014, 10:21 PM

    12

    Our national demographic architecture no longer can afford the entitlement system we have. And that's even assuming entitlements were currently sufficiently funded. But as the last chapter showed, the existing programs are underfunded to the tune of $100-200 Trillion. 

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  • Insider
    Ciprian Stremtan/Shutterstock

    The Trouble with Numbers

    Our 'good' data worsens the closer we look
    by Chris Martenson

    Tuesday, June 10, 2014, 4:06 PM

    4

    According to the ever-strident popular press, the world is in recovery. The stock market says so, the bond market says so, and the politicians and monetary bureaucrats all say so.

    The only trouble is the central banks continue to flood the world with liquidity, something they shouldn't need to be doing if a true recovery were really upon us.

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