Tag Archives: jobs

Coal Jobs and the Power of a False Premise

Employment in America’s coal industry collapsed?not five years ago, but fifty years ago. Since that time, President Nixon’s establishment of the EPA, the steady market share gains of natural gas in the US power generation mix, and the shift to machine-based, open pit coal extraction in the West have helped to ensure that growth in […]

Another View of US Exports: Portland and the Pacific Northwest

Following on yesterday’s post which covered the surge in coal exports from the US, readers may be aware that various coal exporters have searched in vain for the past two years for new coal exporting locales, along the Washington and Oregon coasts. Unsurprisingly, whether in Cherry Point, Washington (near Bellingham) or in St Helens, Oregon […]

Big Repairs Still Needed To Fix the American Jobs Picture

A significant structural change in US labor markets has come to light in the years since the financial crisis, and that is our economy’s composition of full time vs. part time jobs. The US in the previous decade shouldered nearly five full time jobs for every part time job. But that ratio changed, rather dramatically, […]

How We Work Now, In America

The chart above divides total Full Time jobs by Total Part Time jobs, in the United States. Coming into the financial crisis of 2008, the US maintained nearly 5 Full Time jobs for every Part Time job. The failure of the economy to add back those Full Time jobs, along with flat to falling wage […]

Gold Gets a Growth Scare

Dear Readers: I’m currently writing a long-form post twice a month now for Chris Martenson’s excellent website. Accordingly, I’ll be publishing the first (and free) part of these essays here at w88ประเทศไทย www.pinyourcrafts.com. Enjoy. — Gregor ___________________________________________________________________________ An emotional, jubilant hooray! could be heard earlier this month when the Bureau of Labor Statistics (BLS) released its […]

Obama Memo: Redeem Yourself With Rail

Has the Obama Administration, in its first three years, helped the United States ween itself from fossil fuels? Or more urgently, from oil? The 2005-2008 period sent another stern warning that a discretionary, oil-based lifestyle was unlikely to be sustainable in America. The data now proves this out. From the highs of 2005, US oil […]

Ceiling at 16: California’s Lack of Recovery

Total employment in California fell in June from 15.974 million to 15.910 million. The bigger story however is that, in addition to making a lower low in 2010, California employment never regained the 16 million mark first achieved early last decade. This is yet another way to understand how the American economic system, while still […]

Total Employment in the US Falls Again

Total employment in the United States fell in July by 38,000 people, from 139.334 to 139.296 million. This was a much smaller loss than the previous month. However, once again the average number of total employed for the current year is in decline. My forecast is that by next year, after revisions and the complete […]

America the Jobless Ghost Ship Sails Onward

Total employment in the United States fell in June by 445,000 people, from 139.779 to 139.334 million. With this loss the average so far in 2011, tracking at 139.59 million, is closer once again to falling below 2010’s average, of 139.07 million. While you can easily see in the chart below an advance out of […]

Noise, Not a Recovery

The State of California reported a loss of 29,000 non-farm payrolls in May. Actually, California added 88,000 jobs in May when using the total employment data for the month. However, as I have pointed out over the past year, these oscillations are just noise. Our nation’s largest state faces a protracted, structural level of unemployment […]