Last week I wrote a long exegesis on microtasking and the future of temporary, remote workers. I only dabbled in microtasking on Amazon's Mechanical Turk exchange, but reader D. Bush uses it often and writes in about her experience:Read more
For 280 consecutive months before President Obama took office — a span of more than 23 years — the portion of Americans who were employed always exceeded 60.0 percent (according to official tallies from the Bureau of Labor Statistics). In marked contrast, last Friday’s jobs numbers show that, under Obama, the portion of Americans who are employed has remained below 60.0 percent for 40 consecutive months.Read more
A surrogate for President Obama's reelection campaign, Agriculture Secretary Tom Vilsack, a member of the president's cabinet, says that "we've turned the corner" on the economy:Read more
The Republican National Committee has released this web ad, which hits President Obama--because, under his leadership, "Hispanics are left suffering disproportionately under his economic policies," according to an RNC press release.Read more
President Obama, speaking this afternoon in Cleveland, seemed to celebrate the unemployment rate of 8.1 percent, and said it "typically take[s] countries up to ten years to recover from financial crises of this magnitude."Read more
The latest Mitt Romney campaign web advertisement asks, "Has there ever been a president so out of touch with the middle class?"Read more
Much has been made of Barack Obama’s comment Friday morning that the “private sector is doing fine.” The mockery is well-deserved.Read more
At this point in 1956, President Dwight D. Eisenhower was running for reelection, the Yankees’ 24-year-old Mickey Mantle was on his way to winning the Triple Crown, 37-year-old Jackie Robinson was playing in his final season in the big leagues (eventually helping Brooklyn edge the Milwaukee Braves by 1 game for the pennant), 21-year-old Elvis Presley had just performed “Hound Dog” on The Milton Berle Show, and 57.6 percent of Americans were employed.Read more
Everybody is worried about the nation’s dismal employment situation, and that worry has prompted news organizations, pundits, market watchers, and others to focus intently upon any and all economic metrics that gauge the problem. On the first Friday of every month, the non-farm payroll report from the Bureau of Labor Statistics is hotly anticipated, and can move the markets for days afterwards.Read more
The federal government’s Bureau of Labor Statistics publishes monthly tallies for the employment-population ratio. That stat shows something rather straightforward: Among those who are living in America and are free to pursue employment, what percentage are employed? (The bureau excludes those who are under 16 years old, are active-duty military, or are — in the bureRead more
We all suspected this was the case, but you're always surprised when one of the most powerful Democrats in the country just comes out and demonstrates the extent to which his party is beholden to public sector union campaign cash:Read more
When even the New York Times is forced to confront reality, you know things are bad:Read more
John Merline of Investor's Business Daily interviews Bernie Marcus, the co-founder of Home Depot. Marcus tells IBD that Home Depot "would never have succeeded" as a retail business if it were founded today because of the regulatory burden. Here's a taste of the interview:Read more
For the last year or two, USA Today has really been doing some terrific analysis on the federal workforce, and as you might expect, much of what they've discovered is pretty damning. The latest:
Federal employees' job security is so great that workers in many agencies are more likely to die of natural causes than get laid off or fired, a USA TODAY analysis finds.Read more
White House economic adviser Austan Goolsbee on Friday cautioned against overreading a dismal June unemployment report showing just 18,000 jobs added. Don’t “read too much into any one monthly jobs report,” he said.
Goolsbee said the same thing after a disappointing jobs report last month. “One month is not a trend.”Read more
Talking Points Memo (and the rest of the left) are in a tizzy over John Boehner's comments yesterday about the effect of GOP budget cuts on federal workers:
If House Republicans succeed in cutting tens of billions of dollars in discretionary spending over the next six months, some of the most immediate victims will be federal employees, many of whose jobs will be slashed as their agencies pare back.Read more
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