singles bad doberan Yes it has been awhile – a long while – since my last publication. I trust your patience will be rewarded by this new commentary.
click now The monthly Employment Situation Report issued by the Bureau of Labor Statistics offers much grist for the mill for the media. Alas for the educated and informed part of the public, most talking heads are unable to separate the wheat from the chaff in each month’s report.
http://globecyclette.com/kljaps/1620 Headlines tell us the labor markets are on the mend and, using the unemployment rate as a barometer, declare assuredly conditions have returned to pre-crash levels. The political class is also quick to trumpet this message.
http://vagnvagensbygg.se/firmenit/1539 The reality though is labor markets remain frail. While job growth, as measured by the firm payroll survey, has accelerated, the acceleration has been tepid by the standards of past post-war recoveries. Then there is the mystery of the disappearing middle-aged male from the labor force. At 85.4 percent, the ratio of men aged 45 to 54 in the labor force remains near its all time lows. If men in their most productive and highest earnings years have left (or been pushed out of) the labor force then something is clearly amiss.
http://ckgbooks.com/anja/1480 The recent decline in the proportion of managerial staff on the payrolls of private industry parallels the decline in middle-aged male participation rates. A coincidence? Perhaps. Or, not. You can make up your own mind by reading my commentary and analysis.