Help not wanted: U.S. online job ads see biggest two-month decline since recession

September 5, 2012

U.S.job seekers saw online job ads dwindle this summer, according to a survey from The Conference Board. Advertised vacancies fell 108,700 in August to 4,684,800, the industry group said.

Fewer firings do not mean more hirings

August 9, 2012

Jobless claims fell unexpectedly last week to 361,000. Analysts were particularly heartened by the improvement because the latest figures were finally “clean” of recent seasonal adjustment quirks related to auto factory shutdowns. That’s the good news.

U.S. payrolls ‘wild card’: public school teachers, employees

August 2, 2012

The “big wildcard” in making July payroll projections is the size of the swing in public school teachers and other school workers.

Like over-hyped Olympian, Fed set to disappoint

July 31, 2012

Pity the Federal Reserve. Like an over-hyped Olympian, the U.S. central bank enters this week’s policy meeting with sky-high expectations and a high probability of disappointment.

Excuses, excuses: The problem with ‘structural’ explanations for U.S. unemployment

July 11, 2012

It’s an arcane economics debate with all-too-real implications for U.S. monetary policy: Is high unemployment primarily the result of “structural” factors like skills mismatches and difficulties relocating, or is it largely due to insufficient consumer demand in a weak economic recovery?

Fed policy: So many risks, so few tools

June 4, 2012

Chris Reese contributed to this post.

A barrage of rotten economic news around the world has suddenly and vigorously reawakened the prospect of additional monetary easing by the Federal Reserve – most notably a report on Friday showing job growth slowed sharply in recent months.

Euro zone may struggle with its own Lost Decade

May 24, 2012

Additional Reporting by Andy Bruce and polling by Rahul Karunakar and Sumanta Dey.

Israel’s new-found jobless

May 1, 2012

Following on from Nigeria’s rebasing of its GDP numbers, giving it a huge growth boost on paper, it is Israel’s turn to tinker with the numbers.  This time, though, the end result was not positive.

Bernanke: U.S. is not Japan, and I have not changed my mind

April 26, 2012

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Of all the questions Federal Reserve Chairman Ben Bernanke was asked during his press conference on Wednesday, one appeared to pique his interest in particular: Was he being less aggressive as central bank chairman than the advice he dished out to Japan as an academic in the 1990s would prescribe?

Never mind the pain, feel the austerity

April 23, 2012

Austerity in the euro zone seems to be working — at least as far as the headline,  dry, soulless numbers of  budget balancing are concerned. Bailed out  Greece and Ireland have reported substantial improvements in last year’s profligacy performance.  Spain, while going in the wrong direction, at least has the satisfaction of being told it is not telling fibs.