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Mike Shedlock

Mike Shedlock

Mike Shedlock is a registered investment advisor representative for Sitka Pacific Capital Management.

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10 Comments So Far
Floyd35 Wrote: Feb 03, 2013 4:47 PM
Want a job? Then pray to God and do so earnestly and you will soon have one!

Now while you are waiting for that job buy a copy of my new ebook on Kindle at Amazon, Amazon Digital Services, Inc. You can get a copy of my ebook Ghost Dogs Take On The Terrorist for just $ 2.99, but it is a new release so you will have to type in the title, but it will be worth your time doing it. There is plenty of action, and there is enough romance to steam up your glasses so check it out. I think you will like it.
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adrianvance Wrote: Feb 02, 2013 8:54 PM
Great headline. Where's the piece?

Come see us at The Two Minute Conservative, http://tinyurl.com/7jgh7wv and when you speak ladies will swoon and liberal gentlemen will weep.
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Fred_PA_2000 Wrote: Feb 03, 2013 12:12 AM
This has been happening to me, too.
I find that if I scroll down to the end of the article and click on
the "view full article" link, it then shows up.
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andrew299 Wrote: Feb 02, 2013 10:26 AM
Jobs, jobs, we don't need no stinking jobs.
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D G Wrote: Feb 02, 2013 10:19 AM
Mike .......

You say "the third consecutive month, the household survey is much weaker than the headline number" .

I recall the month prior to the election was when the reverse was the reverse was true. If I recall right, it was October when employers added about 114,000 jobs but the household survey showed a big gain of about 750,000 jobs. (I'd have to look up numbers again to verify).

This looks fishy to me. ..... BLS is undoing pre-election fudged numbers evidently.
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D G Wrote: Feb 02, 2013 10:22 AM
sorry about the typo.

Change 1st sentence in second paragraph to:

"I recall the month prior to the election was when the reverse was true."
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Pistol Wrote: Feb 02, 2013 6:05 AM
A sad aspect of these dismal figures is that the average does not apply across the board. Billionaires are not unemployed. Doctors and engineers and lawyers are not unemployed. Last figure I read for college grads 5.4 % unemployment, and that includes the last couple years of kids with junk degrees looking at lousy job prospects. That 0.1 % uptick, as inadequate as it is, applies mostly to unskilled, functionally illiterate, and/or entry level folks. That's why we see double digit unemployment for these groups, and rising steadily. Lots of these lost jobs will never return, as, to maintain profits, CEOs turn to automation, overtime, and other ways to cut rising labor and benefit costs associated with less productive labor. The low
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Pistol Wrote: Feb 02, 2013 6:10 AM
information folks killed the golden goose by making themselves worth less than they produce. Truthfully, I see no way to reverse this trend. Even an economic reversal will be felt last and impact less by this group. The ability to provide efficiently and positively for this group, or to lower its numbers, is going to be a vital part of determining the countries that succeed in getting out of the western world debt mess.
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SpaceVegetable Wrote: Feb 02, 2013 2:35 PM
You are quite correct. I'm a software engineer and I'm completely inundated with calls and emails from recruiters with open jobs. Many are even paying "bounties" for referrals to candidates to fill these jobs. I haven't seen job activity like this since the peak of the dot-com days back in 1999-2000. It's especially good if you're willing to work on contract, since a lot of companies are going that route to avoid adding to their Obamacare burdens. It works for me because I buy my own health insurance through my business (I'm a small group of 1). So I can make more money as a contractor and buy what I want for insurance instead of depending on a company to provide it for me.
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John C6 Wrote: Feb 02, 2013 6:33 PM
Dear SV,

Agree - I'm having the same experience, but I don't even have a college degree of
any type, only a HS Diploma. ( and some Certifications. )

May I propose that employers today have far better tools they use to identify potentially productive workers when they seek to recruit new hires. They don't
just look at job history and education as they used to do, but rather, consider
credit history, business activities, medical and legal records, and a wide variety
of other indicators.

Employers are learning how to identify and recruit high productivity workers at all
levels, from engineers like you to the janitors.

Now, if we can just get pay for performance.....

Sincerely,

John Lepant Brighton CO
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