Pittsburgh Scoring Jobs

Some new jobs numbers are out for April. These are the Pittsburgh jobs, not the state data in the news today. Not much change from trend. Region up YOY and for April only below the 2001 über peak that I have argued is a bit anomalous.

Maybe we will just summarize in a graph below.  Note always the scale . . . → Read More: Pittsburgh Scoring Jobs

The Recovery Is an Illusion: John Williams

John Williams, author of the ShadowStats.com newsletter, shines light on his interpretations of the GDP, CPI, unemployment and other government statistics in this exclusive Gold Report interview from the recent Recovery Reality Check conference. Highlights include what the money supply measures tell him and why QE3 will be a hard sell.

The . . . → Read More: The Recovery Is an Illusion: John Williams

Manufacturing Jobs

It turns out that they’re actually good for workers:

On average, hourly wages and salaries for manufacturing jobs were $29.75 an hour in 2010 compared to $27.47 an hour for non-manufacturing jobs. Total hourly compensation, which includes employer-provided benefits, was $38.27 for workers in manufacturing jobs and $32.84 for workers in non-manufacturing jobs, a . . . → Read More: Manufacturing Jobs

Economic Events on May 21, 2012

At 8:30 AM Eastern time, the Chicago Fed National Activity Index for April will be released, providing an update on economic activity and inflationary pressure in the United States.