Archives for January 2011

Workers Compensation Costs for December 2010

January 28,2011 The Bureau of Labor Statistics released the data on compensation costs today. Compensation costs for civilian workers increased 2.0 percent for the 12-month period ending December 2010. The majority of the increase came from an increase in benefits costs, i.e. primarily retirement costs. Benefits costs were up 2.9% compared to a 1.6% increase […]

Unemployment Rate Down in December

January 7, 2011 According to the U.S. Bureau of Labor Statistics the unemployment rate fell by 0.4 percentage points to 9.4 percent in December which is not surprising because of the increase in seasonal workers for the holidays (retail trade employees were up 12,000 in December).  But  it was not just retail employees that increased. An […]

Factories Expand 17 Consecutive Months, Jobs Don’t

Today I’d like to welcome Mike Shedlock aka. “Mish”. He is a registered investment advisor representative for SitkaPacific Capital Management. He has graciously allowed me to reprint his article that answers the question “Can we expect more factory jobs out of the current expansion?” He includes some compelling arguments on why unemployment isn’t falling.  Tim […]