Silver as an investment

Category Archives: Labour economics

Nothing Really Matters, Anyone Can See

Nothing Really Matters, Anyone Can See Posted with permission and written by Craig Hemke, TF Metals Report    The US labor force is rapidly shrinking. Wage growth is non-existent. The vast majority of the American people have no savings and little hope for economic improvement. But none of that matters with the G-3 central banks […]

Study Finds Higher Min. Wages Bring Crushing Job Losses For Female And Minority Workers

Anyone who has a basic understanding of elementary-level arithmetic and some common sense can easily explain why raising the minimum wage is bad for employment levels.  In a nutshell, higher labor costs simply improve the payback profile of capital investments in technology thus accelerating job losses. We recently shared the following example regarding California’s minimum […]

July Payrolls Preview: Smooth Sailing But Watch Out For Cars

At 8:30am on Friday, the BLS is expected to announce that in July the US created 180K jobs, down from 222K in June though still in line with the 6-month average of 180K, with the biggest downside risk a slowdown in durable manufacturing payrolls as auto production slumped. Sellside expectations: UBS: 175K Barclays: 175K HSBC: […]

May Payrolls Preview: The Tiebreaker

After a poor March jobs report, followed by an April scorcher, the May payrolls report due at 8:30am on Friday will be the tiebreaker, not only for the current state of the economy where both soft and hard data have been deteriorating in recent weeks, but perhaps also for the June rate hike decision, which […]

Perfect Example Of Why Job Losses From Minimum-Wage-Hikes Are Being Underestimated, ‘Bigly’

Over the past several months, we’ve highlighted a number of economic studies analyzing the potential negative impact, in terms of job losses, that may be expected to result from the state-mandated minimum wage hikes that are currently being implemented around the country. One such study came from the American Action Forum (AAF) and estimated that […]

Trump Effect: ADP Employment Surges Near Most In 6 Years On Record Goods-Producing Job Gains

Following January's surge in employment (biggest gain in 7 months), February's ADP print exploded higher to 298k (5 sigma above all expectations). This is the third biggest monthly employment gain of the expansion. It appears the 'Trump Effect' is the biggest driver as the ADP payroll surge was mostly due to a record surge in […]

What The Jobs Report DIDN’T Tell You Last Week

Ever since the gold report was published, the gold price moved up. This caught several investors by surprise, as some of them even continued to dump gold, scared by what appeared to be a good jobs report. ‘Appeared to be’, because? Yes, 227,000 new jobs were created, and we can’t deny that’s a positive evolution. […]

The Fed Has Failed: Business Investment Efficiency Is “Worst Since The Great Depression”

Submitted by Thad Beversdorf via FirstRebuttal.com, The Summary: Economic policy objectives (monetary and fiscal) are meant to incentivize domestic private business investment, which drives incomes and the money multiplier effect, i.e. the engine of the economy. Economic policy objectives have failed because CEOs, the private capital allocators, simply cannot accommodate business investment when the demand […]