A Changing Economy = Changing Job Opportunities

​In a recent issue of Outside the Box author John Mauldin told a story of life when he was growing up and how it created an opportunity for him to earn some extra money while he was going to college. But today things have changed so much that young people today don’t even understand what he is talking about.

With technology changing so rapidly, if you want a good job, it is critical that you keep up… and so with that lets look at life in 1958 from John’s perspective.  ~Tim McMahon, editor [Continue reading]

The Biggest Threat to U.S. Jobs

 Unequal-ID-100263195Today’s Outside the Box comes from Sam Rines of Chilton Capital Management in Houston, TX – a promising young economics contributor to The National Interest and a rising star who I met at Worth Wray’s wedding a few weeks ago and it didn’t take much convincing from Worth to get me to share Sam’s latest article with you. Sam’s work speaks for itself and I am VERY impressed by his insights on a wide range of economic issues – from the evolution of Fed policy and growing risk of a rising US dollar, to the long-awaited industrialization of India.

In his latest piece, Sam alerts us to a breakdown in the Federal Reserve’s full-employment mandate (one leg of its dual mandate, the other being stable prices). In a normal recovery, Sam reminds us, “Wage growth and the labor market move together in a lagged fashion – the labor market heals and tightens, followed by wage increases as labor becomes increasingly scarce. But  [Continue reading]

October Unemployment Figures

BLS_vs_Gallup_Unemployment_2_Oct2014

The U.S. Bureau of Labor Statistics (BLS) released the October Unemployment figures on November 7th. The Seasonally Adjusted Unemployment Rate was 5.8% down from 5.9% in September. The Unadjusted Unemployment rate was also down from 5.7% in September … [Continue reading]

Is the Government Fudging Unemployment Numbers?

BLS_vs_Gallup_Unemployment_2_Sep2014

What is the True Unemployment Rate? Comparing Bureau of Labor Statistics numbers to an Independent Source There has been a lot of talk about the validity of the government generated unemployment numbers created by the U.S. Bureau of Labor … [Continue reading]

Rewiring Your Resume: The Skills You Need to Market Yourself

Resume- 3870577923_d19c5421ef_m

Writing a successful resume requires descriptions of the applicable skills you possess, supported by clear examples in a work history. Blanketing a resume with a wide skill set is a common mistake many people make when writing their resumes. Most … [Continue reading]

Reconsidering Your Resume: Five Ways to Sell Yourself Better

Resume-ID-100248987

When you are trying to construct a good resume, you need to make sure you are using your resume to speak to your skills and attributes and sell yourself to a new employer. The five ideas below are all designed to make your resume look better, and you … [Continue reading]

September BLS Unemployment Numbers Differ Vastly from Gallup

BLS vs Gallup

The U.S. Bureau of Labor Statistics (BLS) released the September Unemployment figures on October 3rd. The Seasonally Adjusted Unemployment Rate was 5.9% down from 6.2% in August. The Unadjusted Unemployment rate was also down from 6.3% in August to … [Continue reading]

BLS Releases August Unemployment: 6.1% Down from 6.2% in July

BLS vs Gallup

The U.S. Bureau of Labor Statistics (BLS) released the August Unemployment figures on September 5th. The Seasonally Adjusted Unemployment Rate was 6.2% up from 6.1% in June. The Unadjusted Unemployment rate was also down from 6.5% in July to 6.3% in … [Continue reading]

Outside the Box: Employers Aren’t Just Whining: The “Skills Gap” Is Real

Mind the gap12329159165_a12a8df2ca_m

By John Mauldin Paul Krugman and other notables dismiss the notion of a skills gap, though employers continue to claim they’re having trouble finding workers with the skills they need. And if you look at the evidence one way, Krugman et al. are … [Continue reading]

BLS Releases July Unemployment: 6.2% Up from 6.1% in June

Employment Numbers july 2014

The U.S. Bureau of Labor Statistics (BLS) released the July Unemployment figures on August 1st. The Seasonally Adjusted Unemployment Rate was 6.2% up from 6.1% in June. The Unadjusted Unemployment rate was also up from 6.3% in June to 6.5% July. Of … [Continue reading]