Tag Archives: Hot Topics

Scenes from the July employment report  – by New Deal democrat On Friday I noted that the July employment report was a perfectly good, solid one in absolute terms, but that almost all the leading components were soft and weakening, as I would expect to see near the final stages of an expansion. Let’s take a look with some graphs today. First, the good news. The employment population ratio for the prime age working group, ages 25-54,...

From December 2022, Angry Bear has been covering parts of the railroad workers efforts to achieve better conditions for conductors’ engineers and labor in general. It appears all of the work by the union is coming to pass. Railroad unions are winning paid sick leave for workers, The Stand, July 11, 2023 WASHINGTON, D.C. (July 11, 2023) — Last year, the threat of a national railroad strike was averted when Congress imposed tentative contract...

From December 2022, Angry Bear has been covering parts of the railroad workers efforts to achieve better conditions for conductors’ engineers and labor in general. It appears all of the work by the union is coming to pass. Railroad unions are winning paid sick leave for workers, The Stand, July 11, 2023 WASHINGTON, D.C. (July 11, 2023) — Last year, the threat of a national railroad strike was averted when Congress imposed tentative contract...

Weekly Indicators for July 31 – August 4, and long term forecast through H1 2024 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. No big changes in the data, but note that mortgage and other interest rates are up close to their peaks. This will operate to slow down growth in the housing market among other things. As usual, clicking over and reading will bring you up to the virtual moment, and...

Weekly Indicators for July 31 – August 4, and long term forecast through H1 2024 at Seeking Alpha  – by New Deal democrat My Weekly Indicators post is up at Seeking Alpha. No big changes in the data, but note that mortgage and other interest rates are up close to their peaks. This will operate to slow down growth in the housing market among other things. As usual, clicking over and reading will bring you up to the virtual moment, and...

July 28, 2023 in g’da said Reprise from a Thirsty Thor’sday link. Homeless on the High Desert, Ten Bears ‘Battle plan’: How the far right will dismantle climate programs A coalition of conservative groups has assembled a plan to systematically target most of the federal government’s work on climate and clean energy. It proposes a sweeping deconstruction of government programs that goes far beyond what former President Donald Trump...

July 28, 2023 in g’da said Reprise from a Thirsty Thor’sday link. Homeless on the High Desert, Ten Bears ‘Battle plan’: How the far right will dismantle climate programs A coalition of conservative groups has assembled a plan to systematically target most of the federal government’s work on climate and clean energy. It proposes a sweeping deconstruction of government programs that goes far beyond what former President Donald Trump...

Another city and maybe the country having issues securing safe drinkables water for its citizens. Here in the southwest, I do not believe we will be too far behind Uruguay. Still planning to build and building before the Federal governments says no. Cities need to secure their drinking water, The one-handed economist, David Zetland DL sent this NYT article on Montevideo, Uruguay, running out of drinking water. As usual, the poorest are...

Another city and maybe the country having issues securing safe drinkables water for its citizens. Here is the southwest, I do not believe we will be too far behind Uruguay. Still planning to build and building before the Federal governments says no. Cities need to secure their drinking water, The one-handed economist, David Zetland DL sent this NYT article on Montevideo, Uruguay, running out of drinking water. As usual, the poorest are...

July jobs report: almost across the board deterioration in leading sectors  – by New Deal democrat My focus remains on whether jobs growth continues to decelerate, and whether the leading indicators, particularly manufacturing and construction jobs, as well as the unemployment rate (which leads going into recessions) have meaningfully deteriorated. Almost all of these items did deteriorate in July. Here’s my in-depth synopsis....