So here is a labor force story in the news today. Trib: Job search dropouts abound
The theme there? The labor force participation rate has been trending down. Ok. Hold that thought, but remember that the labor force participation rate is the labor force divided by the working age population variously defined.
Now what . . . → Read More: Which number do I use?
Anyone who’s ever endured a 20-minute blackout knows how important non-stop energy is to a modern economy. Nonetheless, the U.S. energy grid is deteriorating, says Analyst James McIlree of Dominick & Dominick. The bright side is that companies are stepping up to make sure that hospitals, phone service providers and similarly energy-reliant businesses . . . → Read More: Energy Technologies with a Competitive Edge: James McIlree
The Monster Employment Index for September was released today, and the index moved down 3 points from last month to a value of 153, but is 3% higher than last September’s value.
At 8:30 AM EDT, the Employment Situation report for September will be announced, and the consensus for non-farm payrolls is an increase . . . → Read More: Economic Events on October 5, 2012