from MacroScope:

Brazil’s job market hints at more painful downturn

March 19, 2015

A job promoter sits close to list of job offers posted along a main street in downtown Sao Paulo

The rapid erosion of Brazil's job market is taking most economists by surprise, an analysis of Reuters Polls data shows, in a worrying sign that already-grim expectations for Latin America's largest economy have not been pessimistic enough.

from Morning Bid with David Gaffen:

The Fed and wages

March 19, 2015

So now what? The biggest surprise from the Federal Reserve's statement on Wednesday was that the committee argued for more improvement in the labor market before it would feel comfortable with starting to raise interest rates.

from MacroScope:

The U.S. job market is consistently beating expectations

March 5, 2015

The evidence clearly shows that the U.S. job market now is consistently beating rising expectations, which should give pause to those doubting an interest rate rise is coming from the Federal Reserve later this year.

from Edward Hadas:

The virtues of job fidelity

By Edward Hadas
December 24, 2014

After a dozen job changes over 35 years, it is too late for me to become a loyal employee. But I know the model of the faithful worker. The dental assistant who used to tend to my teeth worked at the same small practice for about 35 years before retiring, with deep regret, two years ago. She stopped by regularly afterwards, because she wanted to stay in touch with the community that had defined so much of her life.

from Morning Bid with David Gaffen:

The Market’s Silly Season

December 4, 2014

The meaningful part of the year is drawing to a close (near as I can see it, there's tomorrow's jobs report, the Fed meeting in two weeks, and, yep, that's about it), and as we head into the silly season for happenings in our markets, here's a laundry list of oddball things to consider:

from The Great Debate:

Manufacturing’s false promise of a decent payday

By Catherine Ruckelshaus and Sarah Leberstein
November 26, 2014

An employee works on the assembly line at the General Motors plant in Asaka

Manufacturing, economists say, is the key to our nation’s economic recovery.  

from Breakingviews:

America: land of phantom job openings

November 7, 2014

By Stephanie Rogan

The author is a Reuters Breakingviews columnist. The opinions expressed are her own. 

from Edward Hadas:

My career in the financial jungle

By Edward Hadas
November 6, 2014

I was unceremoniously kicked out of my last job in finance early in 2004. It was a career turning point for me after 24 years as an equity analyst at eight firms – brokers and investment managers – in both the United States and Europe. I took shelter in financial journalism. Much has changed in the money business since then. But reading about the behaviour that has led to a litany of huge fines, I fear that too much remained the same, at least until very recently.

from The Great Debate:

Why reports of the death of the salesman are greatly exaggerated

By Frank Cespedes
November 6, 2014

To match Feature CHINA-AUTOS/SUV

Perhaps it’s time for a re-think of “Death of a Salesman.” After two decades of talk about the “new economy” and the “disruption” of certain professions by the Internet, you might think that sales as we know it is as stale and outdated as Willy Loman -- a function that has been “disintermediated” by the digital revolution.

from Edward Hadas:

Fear no robot overlords. They can become our best friends.

By Edward Hadas
October 30, 2014

RTR4BYB0 (1).jpg

The “konditorei” in Sankt Florian, Austria offers fine pastries and wonderful hot chocolate. It was the perfect location to interrupt a holiday for a bit of work. Over a slice of strudel, I spent a few minutes last week contemplating my colleague Andy Mukherjee’s well argued article about the danger robots pose for the modern economy. Looking around the bakery-cafe, I saw why Andy should be proven wrong.