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    Economics / ADP Employment Report, jobs, unemployment /

    Payrolls Rise

    February 2, 2011

    Well they should. Today’s ADP report suggests that the US private sector added about 187,000 jobs in January. That’s the good news. The disappointment is that this is well down from the 247,000 added in December. Plus that December number was, itself, revised downwards from its original heady 297,000. So all in all, good but […]

    Economics / construction, ISM Business Conditions Index, recovery, unemployment, wages /

    More [Fairly] Good News

    February 1, 2011

    So far we have managed to avoid reducing the size of our economy in the name of austerity. That makes us better off than the UK where the government decided, for reasons best known only to itself, to make everything much smaller. In view of the news so far this week we may even be […]

    Commentary, Economics / bailouts, bank reform, banking, Davos, Du Pont, jobs, JP Morgan Chase, recovery, unemployment /

    I Lost My Ticket To Davos

    January 31, 2011

    That’s obviously why I wasn’t there. No? Well how about this: I am a pleb. Sorry about that, I have no right to think that people like me would have anything of importance to say in the presence of such an august and all knowing group. So I never deserved a ticket. Did I say […]

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