Whatever Happened to On-The-Job Training?

Jerry Driscoll:

It is a widespread problem: the article reports survey results showing that 83 percent of manufacturers reported a moderate or severe shortage of skilled production workers. The shortages include such categories as machinists. Wages for skilled labor are rising, in some cases at double-digit rates.

Unskilled labor is complementary to skilled labor. . . . → Read More: Whatever Happened to On-The-Job Training?

Jordan Roy-Byrne: Gold Stocks Due for a Breakout Soon

Gold stocks may have been underperforming investor expectations for many months, but that could be changing very soon. In this exclusive interview with The Gold Report, Jordan Roy-Byrne, CMT, explains how he uses relative strength analysis to pick winners for the readers of The Daily Gold Newsletter. His technical work points to a . . . → Read More: Jordan Roy-Byrne: Gold Stocks Due for a Breakout Soon

Caught out by Reality in Europe

The rumour mill is grinding particularly fast at the moment. Germany and France seem to be working on the famous nuclear solution, Spain plays tough on outsiders, the IMF is rumoured to be preparing an aid package for Italy not to mention Hungary and Austria (just like Belgium) has entered the rating agencies’ cross . . . → Read More: Caught out by Reality in Europe

Economic Events on November 28, 2011

At 10:00 AM Eastern time, the New Home Sales report for October will be released. The consensus is that 310,000 new homes were sold last month, which would be 3,000 less than the prior month.