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Official: Obama Considering Next Stimulus Package
calculatedriskblog.com — From Bloomberg: Obama’s Advisers Are Considering Second Stimulus, Locke Says President Barack Obama’s advisers are “seriously” considering... proposing a second stimulus measure to boost the economy, Commerce Secretary Gary Locke said in an interview.  ... (more) Official: Obama Considering Next Stimulus Package
Who Needs Workers Anyhow?
econompicdata.blogspot.com — Marketwatch reports: U.S. companies increased their output in the third quarter even as they slashed working hours,... driving productivity up at a 9.5% annual rate in the quarter, the Labor Department estimated Thursday. Unit labor costs - a key measure of inflation - dropped at a 5.2% annual ... (more) Who Needs Workers Anyhow?
Civilian Hours per Week Cliff Dive Continues
Civilian Hours per Week Cliff Dive Continues
econompicdata.blogspot.com — Employment to population ratio (i.e. percent of the population working) cliff dive.... Multiplied by the number of... hours worked per week cliff dive... Equals the least amount of hours worked (19.3 hours from 19.4 hours in September) per ... (more) Civilian Hours per Week Cliff Dive Continues
Stay in School...
econompicdata.blogspot.com — Source: BLS (more) Stay in School...
A Reader Asks "How Did 558,000 People Lose Their Jobs When Only 190,000 Jobs Were Lost?"
hf-implode.com — "An astute reader noticed that the BLS press release says that 190,000 jobs were lost from payroll... employment, but the number of unemployed persons increased by 558,000. What's up with that?" (more) A Reader Asks "How Did 558,000 People Lose Their Jobs ...