How Presidents Performed on the Labor Front

Interesting data analysis from the Wall Street Journal. This is interesting, despite the obvious flaw of giving too much credit and blame to each president for economic conditions during that term. That said, it is still intriguing . . .     click for ginormous graphic Source: Wall Street Journal  

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Zombie Reagan Jobs Lie Eats Moore’s Brain

@TBPInvictus here: I thought I’d put the “Reagan-created-one-million-jobs-in-one-month” lie to bed a long time ago. I’d like to think I was the first to expose it for the lie that it is. (See here, here, and, most notably, here.) Sadly, not so much. Stephen Moore, who apparently may be up for a high profile gig…

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Millennials in the Workplace

This is interesting: Simon Sinek on Millennials in the Workplace Via Inside Quest: Simon Sinek understands leadership. He combines aspects of biology and psychology, within the context of the human condition. This approach gives Simon’s insights unparalleled potency and usability. His lessons on leadership ring true, not only because he spent the better part of…

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Eight Years of Labor Market Progress and the Employment Situation in December

Eight Years of Labor Market Progress and the Employment Situation in December Jason Furman, Chairman of the Council of Economic Advisers White House blog, JANUARY 6, 2017           Employment grew at a solid rate of 156,000 jobs in December as the longest streak of total job growth by far on record…

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At last, a wage bump

Workforce special report: After years of stagnation, average earnings in the district appear to be rising PHIL DAVIES | Editor, fedgazette ASHWINI SANKAR | Research Analyst Minneapolis Fed December 5, 2016       Over much of the past decade, U.S. wages have risen only slightly or not at all, even as employment rebounded and…

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Putting the Minimum Wage Debate into Context

We interrupt this holiday season to revisit the minimum-wage experiment going on in various cities and states, paying special attention to those opposed to plans by some locales to eventually adopt a $15 hourly wage. The forecasts of these critics — that jobs would be lost and businesses would close — have, so far, been…

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Bringing Factory Jobs Back to Mississippi

  How an economic developer is bringing factory jobs back to Mississippi Joe Max Higgins is credited with generating about 6,000 manufacturing jobs in Mississippi’s Golden Triangle, one of the poorest areas in the country. Source: 60 Minutes   How far Joe will go for jobs  

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Outside Looking In: Why Has Labor Force Participation Increased?

Outside Looking In: Why Has Labor Force Participation Increased? Ellyn Terry FRBAtlanta, November 22, 2016     The labor force participation rate (LFPR) is an estimate of the share of the population actively engaged in the labor market. The LFPR has increased about 30 basis points over the past year (from the third quarter of…

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