by Lee Adler, Wall Street Examiner
Here’s a brief review of the charts from a few of last week’s economic data releases.
The Labor Department’s Job Openings and Labor Turnover Survey reported 4.12 million job openings (actual- not seasonally adjusted) in January, a 7.4% increase over January 2013. The growth rate has ranged from 6% to 11% over the past 6 months which is somewhat slower than the 2011-2013 growth rates. January’s job postings rose 21.7% over December’s, which is consistent with a typical January. The January 2013 gain was the same. The 10 year average gain for January is 18.6%.
By George Friedman, Founder and Chairman, Stratfor
The fall of the Ukrainian government and its replacement with one that appears to be oriented toward the West represents a major defeat for the Russian Federation. After the collapse of the Soviet Union, Russia accepted the reality that the former Eastern European satellite states would be absorbed into the Western economic and political systems. Moscow claims to have been assured that former Soviet republics would be left as a neutral buffer zone and not absorbed. Washington and others have disputed that this was promised. In any case, it was rendered meaningless when the Baltic states were admitted to NATO and the European Union. The result was that NATO, which had been almost 1,000 miles from St. Petersburg, was now less than approximately 100 miles away.