insuranceylife221: October 2013

Thursday, October 31, 2013

Food Inflation in India Hits 18.4%; RBI Expected to Hike Rates; Pause Before Rupee Collapse?

AppId is over the quota AppI is over the quota Top Financial Blog Citations New York Times: NYT 10th Annual Year in Ideas - #1 Idea of the Year 'Do-It-Yourself Macroeconomics'

Time Magazine: Best 25 Financial Blogs

Bloomberg: Financial Blogs: The Best of the Bunch

CNBC: Best Alternative Financial Websites

Strategist News: Best Business Blogs 2011

Mish Audio Video 2012-11-03: Capital Account
"Jobs, Real Wages, Income Distribution, Fiscal Stimulus"

2012-10-10: Capital Account
"IMF Downgrades, Unemployment, Participation Rate, Conspiracies; What is the Best Way to Measure Unemployment?"

2012-09-19: Capital Account
"QE to Infinity and Beyond"

2012-07-24: Capital Account
"Social Media Panic in Italy, Soaring Yields in Spain, and the Upcoming 20th Euro Summit, Bound to be Another Failure"

2012-07-11: Capital Account
"Time for Krugman to Leave Ivory Tower for Real World"

2012-04-15: Max Keiser
European Merry-Go-Round, Rising Yields in Spain, Obamacare, the US Dollar, Student Loans, Gold

2012-03-06: Capital Account
Greek Exit, Stock Valuations, War in Iran, Where to Put Your Money, Faber's Formula for Safety

2012-01-28: Capital Account
Snow stories from Davos and "muddle-through" economics with Mish

2012-01-20: Capital Account
Discussion of Money Supply, Inflation, the Fed, SOPA; GOP Chairman Shelves Stop Online Piracy Act - A Triumph for Whom?

2011-12-20: Capital Account
Mish on Malfunctioning Bureaucrats, Gold's Recent Decline and Chinese Chicken Feet

2011-12-29: Max Keiser
Mish 2012 Predictions; 2011 Year in Review with Max Keiser

2011-11-18: Max Keiser
Rise of Technocrats, Fraudulent Conveyance, MF Global, the Culture of Greed, Christina Romer, and the US Dollar

2011-05-11: Wall Street Shuffle on Jobs, Silver, Oil
CNN Radio KFXR 1190 AM, Dallas-Fort Worth

2011-04-23: Syndicated Interview on Canadian Radio - My Segment Starts 29:31
This Week in Money Interview

2011-03-29 - Sound Money Interview
"Sound Money Interview on 91.5fm WNYE New York

2011-02-11 - Deflation or Inflation?
"Interview with the Freedom News Hour

2011-01-06 - Bulls and Bears Themes for 2011
"Frisby's Bulls and Bears 2011 Predictions from James Turk, Bob Hoye, Mish, Others

2010-03-12 - Mish with Marc Faber
"Inflation or Deflation?" Debate: Mish vs. Dr. Doom

2010-02-12 Max Keiser
Spotlight on China, Japan, Jobs, Pensions, Part 1

Spotlight on China, Japan, Jobs, Pensions, Part 2

2009-12-09 Tech Ticker
"Bank Lending, Jobs, The Great Retrace

2009-10-30 King World News
Mish and Eric King discuss Gold, the Stock Market, the US Dollar, Sideline Cash, China, and US real estate

2009-05-15: My Speech at Google
Thoughts on Blogging and the Economy - Speech at Google

Les quatre défis Obamacare : aucun d'eux ne peut fonctionner ?

Top financiers Blog citations New York Times: NYT 10e année d'idées - idée n ° 1 de l'année « Macroéconomie do it yourself »

Time magazine: meilleur 25 Blogs financiers

Bloomberg: Articles financiers : le meilleur de tous

CNBC: meilleurs sites financiers alternatifs

News de stratège: meilleur blog affaires 2011

Mish Audio vidéo 2012-11-03 : Compte de Capital
« Emplois, les salaires réels, répartition des revenus, la relance budgétaire »

10 / 10/2012 : Compte de Capital
« FMI, chômage, le taux de participation, complot ; Ce qui est la meilleure façon de mesurer le chômage".

19 / 09 / 2012 : Compte de Capital
« QE à l'infini et au-delà »

2012-07-24 : Compte de Capital
« La panique de médias sociaux en Italie, augmentation des rendements en Espagne et le prochain sommet de 20 euros, destiné à devenir un autre échec »

2012-07-11 : Compte de Capital
« Il est temps pour Krugman à quitter la tour d'Ivoire dans le monde réel »

2012-04-15 : Max Keiser
Carrousel européen, accroître les rendements en Espagne, dollar de prêts, or Obamacare, USA, étudiant

2012-03-06 : Compte de Capital
Sortie de la Grèce, évaluation du Stock, la guerre en Iran, où placer votre argent, Faber formule pour la sécurité

28 / 01 / 2012 : Compte de Capital
Histoires de la neige de Davos et « gérer » l'économie avec Mish

2012-01-20 : Compte de Capital
Discussion de la masse monétaire, l'inflation, la soupe du Fed ; Président du GOP Stop Online piratage loi - un triomphe pour ces tablettes ?

20-12-2011 : Compte de Capital
Mish bureaucrates ne fonctionne pas, une diminution récente des pilons or et chinois

29 / 12 / 2011 : Max Keiser
Mish 2012 prédictions ; Bilan avec Max Keiser année 2011

18-11-2011 : Max Keiser
Montée des technocrates, des transports frauduleux, MF Global, la culture de la cupidité, Christina Romer et le dollar américain.

2011-05-11 : Wall Street Shuffle en meubles, argent, pétrole
CNN Radio KFXR 1190 AM, Dallas-Fort Worth

23 / 04 / 2011 : Interview Radio canadienne en syndication - mon segment restreint 29
Cette semaine en entrevue d'argent

2011-03-29 - Entrevue de son argent
« Interview de son argent sur WNYE 91.5fm New York

2011-02-11 - Déflation ou l'inflation.
"Interview au moment de la liberté de la presse

2011-01-06 - Taureaux et porte des thèmes pour 2011
« Frisby taureaux et porte 2011 prédictions de James Turk, Bob Hoye, Mish, autres »

2010-03-12 - Mish avec Marc Faber
« L'inflation ou déflation? » Débat : Mish vs Dr Doom

2010-02-12 Max Keiser
Pleins feux sur la Chine, Japon, emplois, retraites, partie 1

Pleins feux sur la Chine, Japon, emplois, retraites, partie 2

2009-12-09 Tech Ticker
« Banque de prêts, les travaux, le grand retracer

2009-10-30 Roi World News
Mish et Eric King discutent or, le marché boursier, l'immobilier efficace Sideline, USD, Chine et États-Unis

2009-05-15 : Mon intervention à Google
Réflexions sur le Blogging et l'économie - discours sur Google

Workforce, Population, Jobs by Age-Group

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Here are a few demographic-related charts of the workforce, civilian non-institutional population, and jobs, by age-group, from reader Tim Wallace.

Change in the Number of Jobs Since 2007

Civilian Non-Institution Population Since 1970

Workforce Since 1970

Percent of Population in Workforce Since 1970

Number in Age Group Employed

Percent of Age Group Employed Since 1970

Wallace writes ...

Mish,

The attached charts are eye openers.

Graph 1 Comments

The first chart shows the change in the number of jobs and the population since 2007. It shows us that in the 16-19 age group the population has shrunk by 239,000, while the number of jobs in this age group has shrunk by 1,415,000! In the 20-24 age group the population has grown by 1,625,000 while the number of jobs has shrunk by 362,000. For the under 25 age group we have 1,777,000 less jobs with 1,386,000 more people.

In the 25-54 age group that everyone always focuses on, we see a loss in population of 1,382,000 people since August of 2007, but an even greater loss in jobs - 5,940,000! Add to this the loss of 1,777,000 up above and we see the 16-54 age groups have lost 7,717,000 jobs since 2007. And, the population has basically been flat.

Since 2007 we have added 13,745,000 people to the population over age 55. We have also added 5,820,000 to the number employed in that age bracket.

Jobs were lost in every age bracket except the 55+, with 16-19 dropping 22.6%, 20-24 falling 2.6%, 25-54 going down 5.9% and 55+ going UP 22.7%!

Graph 2 Comments

The second graph shows the Civilian Non-Institutional Population by age - note the basic flat lines on all but 55+. The graph shows the Work Force by age - note once again only 55+ goes up.

Graph 4 comments

The fourth graph shows the number employed by age group. Note that only the 55+ group benefited in the current "Recovery". The other groups are all down from 2007, with 16-19 devastated. Just go in Walmart and McDonald's and you will see it first hand - senior citizen workers abound.

Graph 5 comments

The fifth graph shows the percentage of an age group that is employed. The percentage plunged in every age group except 55+.

Graph Six Comments

The last graph shows the percentage of the age group employed. It follows the exact trend of the fifth, as it must.

Those in sales and marketing you should focus on the 55+ age group. Forget the teenagers, they are contributing little, and their parents are sliding fast! Those in the 20-24 hope the 55+ start to retire, but in increasing percentages, they choose not to

Very interesting data, thanks to the BLS for giving us access to the ranges in the data base.

As usual, all data not adjusted for seasonality, just direct comparisons of actual data year on year.

Tim

The charts show something I have repeatedly said since 2008: "kids will be competing with their parents and grandparents for jobs that do not pay a living wage."

Mike "Mish" Shedlock
http://globaleconomicanalysis.blogspot.com

Wednesday, October 30, 2013

NSA Monitored Calls of 35 World Leaders; Mistrust Mounts: Merkel and Hollande to Change Intelligence Ties With US; Edward Snowden - US, World Hero

AppId is over the quota
AppId is over the quota
Goldmoney: The best way to buy gold and silver

Top Financial Blog Citations New York Times: NYT 10th Annual Year in Ideas - #1 Idea of the Year 'Do-It-Yourself Macroeconomics'

Time Magazine: Best 25 Financial Blogs

Bloomberg: Financial Blogs: The Best of the Bunch

CNBC: Best Alternative Financial Websites

Strategist News: Best Business Blogs 2011