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Category Archives: employment
Pain in Spain goes on and on
They came to Madrid from every corner of the country. Some walked for a month. “We want work. We can’t accept that millions of unemployed people must go home to live with their parents,’’ said Jorge Balbas, an unemployed man … Continue reading
Phantom recovery
Highlights from yesterday’s US Government press release on jobs: unemployment down in one month from 7% to 6.7%; 74,000 new jobs created in December. Sounds OK doesn’t it? The economy must be recovering … (Wall Street rose a bit on … Continue reading
Posted in employment, tough times
Tagged BLS, delusion, economic growth, employment, Federal Reserve, jobs, unemployment, US economy, Wall Street
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Holden succumbs
I’ve enjoyed owning and driving 5 different Holdens in my time. Good workmanlike, middle-of-the-road cars, all of them. It will be kind of a pity to see Australian made Holdens eventually disappear from the market. My current VW is great. … Continue reading
US jobs – spinning the data
There was quite some buoyancy in the commentary on the US economy last week. The US Bureau of Labor Statistics (BLS) released it’s monthly jobs data. Because the Federal Reserve has said it is more focused on employment than inflation, … Continue reading
Posted in employment
Tagged BLS, economic growth, employment, Federal Reserve, group think, jobs, US economy
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High house prices cause Qantas mess
Well now … high Australian house prices are clearly not the only cause of the mess at Qantas, but there is a clear causal connection. What on earth is it? Read on and I’ll show you. At the time of the … Continue reading
Freelance work
Last week saw the listing on the ASX of Freelancer Ltd It caused some excitement in the business media because the 50 cents shares shot up to $2.60 when the shares first listed last Friday before settling back to $1.60 … Continue reading
Knowledge work
What a week! Lightning strike. Without computers, the internet and phones, we were crippled. So, no alternative but to call in the “techo cavalry” and put in huge hours and effort into restoring the infrastructure of the business. After almost … Continue reading
Is the US economy growing?
In the last several days we have seen these economic news items out of the US. This from the Sydney Morning Herald on the 8th: The Australian dollar is lower after very strong US economic growth figures … [my emphasis] … Continue reading
The pain in Spain
The 2013 Spanish peak tourist season ended in September. And, as a consequence … … the number of registered unemployed in Spain went up by 87,000 in one month between September and October. Data published last Tuesday by the Ministry … Continue reading
something 2 ponder 