Tag Archives | jobs

US incomes decline as job participation rate drops

There are two ways to approach last Friday’s monthly release of the US jobs figures: One is the Wall Street way, which is to bet on whether the numbers will be bad enough to persuade the Federal Reserve to boost its money printing operations The other is to look for clues as to what is […]

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Working women changed Western economy after 1970

Household consumption is 60% of western GDP. So any economic forecast that simply assumes it will always increase is likely to prove badly wrong as BabyBoomers move into retirement. Of equal importance is the impact of women’s role in the workforce. They added a major boost to demand during the Supercycle, as dual-income households became […]

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US job growth remains slow as Boomers leave the workforce

Last week’s US jobs report contained some good news, but not very much: • Employment inched up again to 136m. This is still below the 2007 peak of 139m – and never before has the number of jobs failed to rise over a 6 year period • Equally, disposable income fell back in Q1 to […]

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