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Tag Archives: Unemployment
Don’t Believe The Headlines: Canada’s Latest Job Numbers Don’t Look Good
Don’t Believe The Headlines: Canada’s Latest Job Numbers Don’t Look Good After two months of shrinking job numbers, it looked like Canada had broken the streak with this morning’s StasCan report showing an increase of 35,400 jobs, and a decrease in the jobless rate to 6.6 per cent, from 6.7 per cent. But that is […]
Post Crisis Scorecard – Global Debt Up $57 Trillion, 60% of American Jobs Created Are Low Level, Record Youth Living with Parents
Post Crisis Scorecard – Global Debt Up $57 Trillion, 60% of American Jobs Created Are Low Level, Record Youth Living with Parents This morning, my Twitter stream was filled with some of the most outlandish bullish economic victory laps from pundits I’ve ever seen. The source was the monthly employment report, which showed a larger than […]
Sorry, Millennials, We’re Out of the Jobs You Want
Sorry, Millennials, We’re Out of the Jobs You Want Millennials don’t want to work in sales, reports the Wall Street Journal. They think it’s exploitative. They also hate the idea of variable compensation; they want a nice, steady job where the company takes the risk, not the worker. The feeling that sales is exploitative is not […]
Unemployment, home-ownership and accommodation vouchers outside London
Unemployment, home-ownership and accommodation vouchers outside London In a much earlier post, Tim Worstall pointed to the findings of Blanchflower & Oswald (2013), which is particularly important when considering that increasing home-ownership is something that the government has been encouraging. They showed “that rises in home ownership lead to three problems: (i) lower levels of labour mobility, […]
“An injury to all”: the class struggle is back in Italy | ROAR Magazine
“An injury to all”: the class struggle is back in Italy | ROAR Magazine. As Renzi’s center-left government intensifies the project of neoliberal restructuring, a wave of self-organized class struggle takes off across Italy. Back in 2006, Warren Buffet, the notorious billionaire speculator, confessedduring an interview that: “There’s class warfare, all right, but it’s my class, […]
Youth Should Work For Free – Bank of Canada Recommends | Armstrong Economics
Youth Should Work For Free – Bank of Canada Recommends | Armstrong Economics. What is seriously being overlooked here around the world politically is we are dealing with a revolution of the youth as a consequence of the collapse in Marxism. Pictured above is Bank of Canada Governor Stephen Poloz who has amazingly stated that […]
French Unemployed Hits Record High, Hollande Demands EU Budget “Must Be Adapted” | Zero Hedge
French Unemployed Hits Record High, Hollande Demands EU Budget “Must Be Adapted” | Zero Hedge. France’s President Francois Hollande states confidently that “everyone should respeoct treaties,” then ‘Junckers’ it with this stunningly hypocritical bullshit, “budget rules must be adapted” to support growth and France “has done what it has to do” on its deficit… one […]
Why Chinese Growth Forecasts Just Crashed To A Paltry 3.9% – And Are Going Even Lower – In One | ZeroHedge
Why Chinese Growth Forecasts Just Crashed To A Paltry 3.9% – And Are Going Even Lower – In One Chart|ZeroHedge Up until a few years ago, conventional wisdom was that China would grow at nearly double digits as long as the eye could see. Then, however, something happened, and China’s 9% growth became 8%, then […]
