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Economic Labor Problems for the Young; The Problem Sweeping Europe and the United States
Tuesday, April 3, 2012 - 11:50am
Know any recent college grads with great full time jobs outside of the technology field? What about those 20 something's scrapping by with a part time job or two? There are lots of those young adults across the globe. The recent recession in the United States has created a generation of over-...
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Sunday, January 29, 2012 - 12:47pm
Prologue Protests: Get Ready for an American Spring
One year after the Egyptian Revolution, in light of the revolutionary wave in the Middle East known as the "Arab Spring", might there be an "American Spring" around the corner in 2012? Given recent developments, struggling economic conditions, and recurring political rhetoric in the news, an...
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UPDATE: Goldman Sachs Downgrades Emerson Electric to Neutral
Wednesday, January 11, 2012 - 11:11amGoldman Sachs downgrades Emerson Electric (NYSE: EMR) to Neutral on lack of near-term catalysts. Goldman Sachs says, "Sentiment likely remains positive on late-cycle, but also improves on US auto and housing from depressed lows given signs of life (SAAR, home prices, employment) and reversion...
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Tuesday, December 13, 2011 - 10:34am
Will the Fed Destroy Your Portfolio Today?
At 2:15pm, the Federal Open Market Committee will release a statement from their meeting today. If you would like to be alerted to the contents of the Fed's meeting as they come out in real-time, signup for a free trial of Benzinga Pro's premium news service. Expectations are low, with most...
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Tuesday, December 6, 2011 - 12:53am
Ongoing Developments in the Unemployment Conundrum
While the US unemployment rate for November unexpectedly fell to 8.6 percent from 9 percent in October, recent jobs numbers may reflect deeper systemic problems in the nation with respect to labor and economic activity. According to the Los Angeles Times, "economists viewed the latest jobs report...
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What The USA Needs is More Jobs
Monday, October 10, 2011 - 9:38amWeekly Stock Pick? Not This Week! First, I don't have a buy or sell stock pick this week as I don't see any low-risk high-reward trades currently. Instead I have a short article from Bob Prechter below which is the most important factor in getting the USA growing again. I think the market is...
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Today's Employment Report
Friday, October 7, 2011 - 2:10pmScott Grannis points out today that "One of the healthiest features of this recovery continues: the public sector continues to lose jobs—about 600K since the recovery began. This is the most extended and the largest decline of public sector jobs since the 1980-82 recession. It is contributing...
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Reid's Plan for Job Creation
Thursday, October 6, 2011 - 7:32amby Linda Beale Reid's Plan for Job Creation Harry Reid announced on Wednesday (Oct. 5) that the Senate would take up Jobs Act legislation (S. 1549) soon, but that the offsets in the president's proposals would be replaced by a 5% surtax on those making more than a million that would raise about $...
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Employment Increases, VXX Runs
Wednesday, October 5, 2011 - 6:25pmCalculated Risk points out that employment increased (ADP report: 91,000), yet ADP hasn't been useful. Even though we saw some market enthusiasm (possibly related to employment), I agree with Bill that the numbers don't look good enough to justify any rally (if that's why we saw one). Also, the...
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Putting the Jobs Cart Before the Growth Horse
Tuesday, October 4, 2011 - 10:15amThe idea that creating jobs will lead to growth and prosperity is a fallacy that is at the heart of our unemployment problems, according to venture capitalist Bill Frezza, who appeared on National Public Radio today. According to Bill Frezza, "It puts the cart before the horse. It's actually the...
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