Recession Watch: Hidden Insights in the Jobs Report

Summary: The headline number of November's job report tells us something important. Digging into the numbers shows that this recovery is nearing its end. This recovery has been slow and steady. It has frustrated the bulls who in 2009 predicted a "V" recovery -- and since incessantly predicted a "take-off" soon (corporate profits, CEOs' income, … Continue reading Recession Watch: Hidden Insights in the Jobs Report

The bottom line of the May employment numbers

Summary: The strong May employment number confirms what I've said in previous reports about the economy, casting doubt on the bears' confident forecasts of an imminent recession. The economy was slow in Q1, but the data so far for Q2 paints a stronger if still mixed picture. {1st of 2 posts today.} #BLS Keep in … Continue reading The bottom line of the May employment numbers

The vital things to know about the latest employment report

Summary: The March employment report is important, confirming the slowing of the US economy. This post skips our usual numbers blizzard, focusing instead on the vital numbers, and debunking both the hype and hysteria about this most important of the economic statistics. {1st of 2 posts today.} Contents Summary of this important report. Has Obama's … Continue reading The vital things to know about the latest employment report

Paths to Recovery for Gay and Bisexual Drug Addicts: Healing Weary Hearts

Summary: A people’s greatest madness is usually hidden from them. So it is with America’s war on drugs. Generation after generation it goes on at vast cost — both in terms of money and the damage it does to our society. Much like prohibition, and so shows our FAILure to learn. Today's post describes a … Continue reading Paths to Recovery for Gay and Bisexual Drug Addicts: Healing Weary Hearts

November brought us good news about jobs and wages. Here are the details.

Summary: It's the big day for economic stat junkies. Has the economy ended its long flirtation with recession, limping along near the 2% stall speed -- supported by years of fiscal and monetary stimulus (now fading)? The last few quarters of GDP numbers suggest yes, but the job numbers have refused to cooperate. Here we … Continue reading November brought us good news about jobs and wages. Here are the details.