Growth inlowpayingjobsandwagedeflationforlow-incomegroups – a painfultrend http://feedly.com/k/1emWGGk A few weeks back the WSJ published a chart showing that growth in US payrolls has been dominated by low wage jobs (seechart). It’s worth exploring the topic some more. Though not precise, one way to confirm this trend is to look at the "indexes of aggregate weekly hours and private payrolls by industry sector" from the U.S. Bureau … Seguir leyendo Growth in low paying jobs and wage deflation for low-income groups – a painful trend

Growth inlowpayingjobsandwagedeflationforlow-incomegroups – a painfultrend http://feedly.com/k/1emWGGk A few weeks back the WSJ published a chart showing that growth in US payrolls has been dominated by low wage jobs (seechart). It’s worth exploring the topic some more. Though not precise, one way to confirm this trend is to look at the "indexes of aggregate weekly hours and private payrolls by industry sector" from the U.S. Bureau … Seguir leyendo Growth in low paying jobs and wage deflation for low-income groups – a painful trend

Evidence mountsthatChinahadescapedtheworstofemergingmarketsrout http://feedly.com/k/19woYuh The latest data seem to suggest that China has so far been able to elude the severe economic headwinds faced by other emerging economies. Signs of stability have been around for a few weeks, but the first set of direct evidence came from Markit/HSBC PMI, showing China’s manufacturing contraction easing (seeTwitterpost). The official PMI number (to the extent it can be trusted) … Seguir leyendo Evidence mounts that China had escaped the worst of emerging markets rout

Syria andtheworldoilmarket http://feedly.com/k/17OYenA The growing likelihood [1], [2], [3] of U.S. military action in Syria seems to be one factor in the recent sharp rise in oil prices. Source: WTRG. That is not because Syria itself is an important producer of oil. According to the EIA, the country was producing less than 370,000 barrels a day in 2010, only half a percent of the world … Seguir leyendo Syria and the world oil market

Do Youhave a ‘Bullshit’ Job? http://feedly.com/k/18Mio0y FollowZeroHedgeinReal–TimeonFinancialJuice Don’t get me wrong, I’m not talking about the guy that moans over his doughnuts and café latte every morning that he hates his job. He hates his boss and he hates the wife and the kids even more and that’s why he still comes into the office. That’s not just a shitty job, that’s a shitty life. … Seguir leyendo Do You have a ‘Bullshit’ Job?

The OnlyWayForward: A Pedal-to-the-MetalPlanforEnergySystemTransformation — (Pt. 2 of 3) http://feedly.com/k/13uFk5N ByMichaelHoexter, a policyanalystandmarketingconsultantongreenissues, climatechange, cleanandrenewableenergy, andenergyefficiency. OriginallypublishedatNewEconomicPerspectives. Thisisthesecondofthreeparts. Partoneishere. PolicyInstrumentstoRealizethePedal-to-the-MetalPlan The above list of technological changes to radically reduce and eventually zero-out society’s emissions using current and near-future technologies would represent the largest construction project in the history of humankind by far, occurring over several decades. While these developments are required to preserve something that … Seguir leyendo The Only Way Forward: A Pedal-to-the-Metal Plan for Energy System Transformation — (Pt. 2 of 3)

Math NotAllowedInMcDonald’sNew "DollarMenu" http://feedly.com/k/15Knclp As fast-food workers of the world unite under a common banner of "higher minimum ‘livabale’ wages", one can’t help but reflect on the terrible jobs data this morning and the potential inability of workers to get anything but a low-skill ‘part-time’ job flipping burgers. But most importantly, these workers may soon not be able to afford the product they manufacture. Concerns … Seguir leyendo Math Not Allowed In McDonald’s New «Dollar Menu»