January housing starts stayed in the toilet, running only about flat year to year. The multifamily boom continued while single family languished. The chart tells the story.
Yes, we know that the nonfarm payrolls headline number for January was wrong, but those who concluded that job growth is weak are correct. It just was not as weak in January as they thought.
Written by Steven Hansen The BLS Job Openings and Labor Turnover Survey (JOLTS) can be used as a predictor of future jobs growth, and the predictive elements show that the jobs situation growth rate likely will not change either for the good or the bad.
Written by Steven Hansen The Conference Board’s Employment Trends Index – which forecasts employment for the next 6 months – strengthened in January 2014.
Deflation: The Failed Macroeconomic Paradigm Plumbs New Depths of Self-Parody by William K. Black, New Economic Perspectives Patient bleeding out? Don’t treat the bleed; keep the crash cart nearby Imagine you were a doctor in the ER when a patient was brought in presenting symptoms indicating a likely internal bleed. Here are the two critical …