Friday , December 2 2022
Home / Tag Archives: Employment

Tag Archives: Employment

Foreboding Economic Signs Coming from consumption and employment data

Some foreboding signs and portents from consumption and employment data  – by New Deal democrat I have a special post up at Seeking Alpha, looking at some very troubling signs from several of the high frequency indicators I track weekly as to consumption and employment. Click over and read the whole article, but here is a little taste: the below is what the YoY% change in the 20-day total of payroll tax withholding has been in has been as of...

Read More »

Theory and homelessness

I’m writing an open access e-textbook on homelessness. Chapter 2, focused on theory, has just been published. The full chapter is available here: https://nickfalvo.ca/wp-content/uploads/2022/09/Falvo-Chapter-2-Theory-and-homelessness-19aug2022.pdf A ‘top 10’ overview of the chapter can be found here: https://nickfalvo.ca/theory-and-homelessness%ef%bf%bc/ A French version of the ‘top 10’ overview can be found here: https://nickfalvo.ca/theorie-et-itinerance/...

Read More »

Changes in the UK labour market from 2019 to 2022 – our new report

Our new research report, published today, looks at the state of the UK’s labour market, based on the most recent data from the Office for National Statistics. It compares these recent data with those from 2019, and sometimes with earlier data. You can download the report here. The report looks at a wide range of issues, including size of the workforce, the economically active and inactive, employees and self-employed, full and part-time workers. It also examines data on developments in...

Read More »

The Great Unemployment Fudge

In the U.S., we are told, the post-World War II period was a golden age of full employment. High wartime government spending had brought to an end the double-digit unemployment and misery of the Depression, and as war gave way to peace, unemployment settled at a non-inflationary level of 3-5%. It's known as the post-war "economic miracle".But it's a myth. There was never full employment. The low unemployment of the post-war years is a massive statistical fudge. In fact, over five million...

Read More »

Employment, China

Employment generates income and spending. The gap vs the pre-covid path is closing at an ever slowing rate. And the cost of living is rising faster than wages, which exacts a toll as well. These are inflation-adjusted: This came out last week:

Read More »

Record High July Job Openings, June  Record Revised Higher

MarketWatch 666’s RJS: 5th record in a row; job openings have risen 62% so far this year . . . Here is the Fred graph. Job Openings: Total Nonfarm (JTSJOL) | FRED | St. Louis Fed (stlouisfed.org)Despite record highs, hiring is down and layoffs are up . . . Something is clearly broken. July Job Openings at Record High after June Record Revised Higher; Hiring Down, Job Quitting  and  Layoffs  Higher The Job Openings and Labor Turnover...

Read More »

Direct Job Creation in Greece

Michael Stephens | April 28, 2021 Senior Scholar Rania Antonopoulos recently participated in a webinar for the European Trade Union Institute, during which she discussed the rationale behind and experience with the implementation of the “Kinofelis” direct job creation program—a limited job guarantee for Greece. Watch her presentation below (accompanying slides are here). The Levy Institute’s previous Strategic Analysis for...

Read More »

Direct Job Creation in Greece

Michael Stephens | April 28, 2021 Senior Scholar Rania Antonopoulos recently participated in a webinar for the European Trade Union Institute, during which she discussed the rationale behind and experience with the implementation of the “Kinofelis” direct job creation program—a limited job guarantee for Greece. Watch her presentation below (accompanying slides are here). The Levy Institute’s previous Strategic Analysis for...

Read More »

After the furlough ‘tide’ recedes?

Is our biggest worry inflation? No, our biggest worry is a fall in employment, investment and income. Inflation is caused by the economy ‘overheating’. Wage and price inflation arises when economic activity (investment, employment, income) exceeds the capacity of the economy.  Put simply, inflation most often arises in conditions of full employment, when incomes are high and rising and when investment in new jobs, speculation and the creation of new assets, surges.  Many point to the 1970s...

Read More »

The “Thing” with Job Guarantee Programs…

In a February 18th front page article in the business section of the New York Times, Eduardo Porter surveys the potential for a job guarantee program. After starting with the caveat issued by Republican politicians—why trust your life choices to bureaucrats?—the piece goes on to present opinions of various experts on employment programs. It is noteworthy that even among the specialists, not one has ever been involved in actual fieldwork or research in the various experiments with job...

Read More »