Tag Archives: employment

Employment in 10 largest counties in the U.S.

Employment in the nation’s 10 largest counties ranged from almost 1.0 million in Miami-Dade, Florida, to almost 4.0 million in Los Angeles, California, in September 2012. All of the 10 largest counties had percentage increases in employment from September 2011 … Continue reading

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The Chart: Construction Employment

Here is THE CHART which encapsulates the bullish cyclical macro story in the U.S. and illustrates how monetary policy is really starting to gain some traction in the real economy.  With 150K jobs created in the past five months the … Continue reading

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The Robots Are Here!

“…robots now poses the central economic dilemma of the Obama era” …In their book, Brynjolfsson and McAfee cite a meeting between Henry Ford and Walter Reuther, the union leader. Pointing at his new robots, Mr Ford says, “How will you … Continue reading

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U.S. Employment Situation – December 2012

Looks like construction hiring  is starting to kick in.   We’ll post something more on this later today. The BLS reported this morning, Nonfarm payroll employment rose by 155,000 in December, and the unemployment rate was unchanged at 7.8 percent, the … Continue reading

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Which industry sectors created new jobs and suffered losses?

Nice breakdown on where the jobs were created and lost in October.   The chart illustrates the top 10 sectors with the largest job creation and the bottom 10, which experienced the most losses.   Good to see construction as reflected … Continue reading

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U.S. Employment Situation – October 2012

The BLS reported this morning, Total nonfarm payroll employment increased by171,000 in October, and the unemployment rate was essentially unchanged at 7.9 percent, the U.S. Bureau of Labor Statistics reported today. Employment rose in professional and business services, health care, … Continue reading

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Are the Droids Taking Our Jobs? MUST VIEW!

We really hope Fed Chairman Bernanke sees this Ted Talk by Andrew McAfee, a management research scientist at MIT’s Sloan School of Management.    QE∞ will not rollback the technological  forces that are shaping the global labor market and risks … Continue reading

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Jobs 2012: State Unemployment Rates

Good data  from the BLS today, In August 2012, 13 states and the District of Columbia recorded statistically significant over-the-month changes in employment, 7 of which were increases. The largest statistically significant increases in employment occurred in Texas (+38,000), Florida … Continue reading

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America’s Minimum Wage Recovery

The Miami Herald out with a piece today on Florida’s recovery being led by minimum-wage jobs, which also reflects a national trend. The Herald reports, Florida’s employment recovery hasn’t brought back many well-paying jobs. That’s the conclusion of a new … Continue reading

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U.S. Employment Situation – July 2012

The jobs report was better than expected.  Construction jobs, which we have been monitoring, are still lagging, especially among specialty trade contractors, losing 12K jobs this month. Education and healthcare jobs rebounded to 38k up from last month’s lower than … Continue reading

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