Browsing All posts tagged under »Employment«

December job numbers and thoughts on a progressive payroll tax system

January 4, 2013

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A few interesting things I want to highlight (including a social security observation): 155k new jobs vs. 150k consensus November’s unemployment rate was revised up to 7.8%, which is the same as December’s rate – 7.8% 58.6% of population is employed and labor participation rate is 63.6%. These numbers are relatively low, and I would […]

Jobs numbers – positives outweigh negatives

December 7, 2012

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Overall, a relatively good jobs report despite the drag on the economy that Sandy provided. The improving trend continues giving the President additional leverage in the fiscal slope discussion… (courtesy of Calculated Risk) There were positives and negatives in the November employment report, and I’d like to start with two clear positives. First, seasonal retail […]