Job Openings Are Increasing

Yesterday, according to the Conference Board the number of job openings listed online in the United States grew by 400,000 to 4.2 million last month.  In percentage terms this is a 10.5% increase.   Analysis: Clearly this is good news and is among a number of...

Commodities Trading Rules Are Flawed

Warning: this is another criticism of capitalism piece.   Commodities, especially oil and gold, have been soaring in price since the unfolding of Middle East crisis.  For me it is just the latest example of how commodities market trading rules are flawed. ...

Unemployment Data for February Are Better

This morning the unemployment rate for February was announced by the Department of Labor.  The data show that the U.S. economy added 192,000 jobs in February and that the overall unemployment rate dropped below 9.0% for the first time in almost two years.  Consensus...

Lowest initial jobless claims in three years!

This morning the Department of Labor announced its weekly initial jobless claims were at their lowest level since 2008.  Specifically, they fell by 20,000 claims to a level of 368,000.  This figure compares to expectations from economists of a rise in jobless claims...