Category Archives: Job Economy
Worker Dissatisfaction Needs Remedy
Paul J. Devitt This summer Manpower Group released a new survey showing wide dissatisfaction among American workers related to their jobs. At a time of high unemployment and underemployment, negative to zero net job growth and uncertainty in global economic … Continue reading
Where do we go from here?
Paul J. Devitt It depends on where you think we are and what you want to be. Traditional values and blessings that Americans historically cherished at Thanksgiving seem to be vanishing a little bit more each year as this unique … Continue reading
Jobless Rate Predicted Accurately and What to Infer
Paul J. Devitt The Bureau of Labor Statistics (BLS) fulfilled my prediction from earlier in the year when I said that the government’s reported unemployment rate would fall to below 8% just before the presidential election. Their tricks and treats … Continue reading
Private Sector Jobs on Hold as Washington and New York feast on the Spoils
Paul J. Devitt Can this miserable job economy be fixed? This is the central question people are asking. In short, the sugar high of deficit spending by the federal government and money printing by the Federal Reserve will be forced … Continue reading
Permanent Jobs come from Real Liberty
The 19th century German philosopher, Friedrich Nietzsche, was a radical thinker. His philosophy was considered so irrational and iconoclastic that only those on the fringes were inclined to read him. Having learned from Nietzsche (among others), the modern man believes … Continue reading
Persons Not in Labor Force at New Record
The Labor Department gave more positive labor market signals today by announcing an improvement in the U-3 Unemployment rate from 8.3% to 8.2%, thus “providing further evidence of the ‘recovering’ economy”. Amazing, truly. For those of you that enjoy the … Continue reading
Bubbles Bernanke Reveals Job Truth
The Wall Street pump party and financial media complicity is fun to watch. Six straight months of stock market gains (+25%) grounded on the nonsense and curve fitting by the Bureau of Labor Statistics as the basis of the so called “recovering economy”. … Continue reading
The Peter Quinn Story
Peter Quinn is an accomplished sales and marketing professional, a loving husband and father, and a friend and brother to many. Less than a year ago and two days before he was to begin his dream job in an international sales management position … Continue reading
Jobs News Spin
Here we go again. The February jobs report ushered in literally hundreds of mainstream headlines and TV news reports yesterday proclaiming “227,000 Private Jobs Added” or “Solid Jobs Report Lifts Wall Street”. Literally, no analysis. Whatever the Department of Labor’s Bureau of Labor Statistics says is ok with … Continue reading
Oops. New, good jobs really come from Big Co’s
As the credibility of the Bureau of Labor Statistics’ “fun with numbers” experiments and other selective reporting methods metastasize and come into greater focus, we learn this weekend that “new experimental studies” by researchers there have discovered that American jobs are not really created … Continue reading