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The hidden indicator pointing to bad news for jobs - The Washington Post
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Temp hiring is seeing a slowdown in Aug-Sept 2012. It declined by 2000 jobs in Sept and made no gains in August. By contrast in the first 6 months about 21,000 temp jobs were added each month. The historical correlation since 1990 of changes in temp employment with ensuing job growth in the next 3 months is 77%. This indicates job growth in the fourth quarter of 2012 will be about 72,000 jobs a month says Irwin, not enough to keep up with population growth, and likely to lead to an uptick in the unemployment rate. The results at temp hiring firms Manpower and Robert Half confirm this trend.
Manpower temp firm
02/02/2011
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The hidden indicator pointing to bad news for jobs - The Washington Post
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90 Million Americans Not Working
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The incredible shrinking labor force - The Washington Post
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OECD report cites rising income inequality - The Washington Post
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U-6, the rate that reflects unemployment and part-time workers in the U.S. at 14.7% in Sept 2012
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Grouped Articles
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New York Times 04/05/2012
The incredible shrinking labor force - The Washington Post
Washington Post 05/05/2012
It's Still Bad for the Long Term Unemployed
New York Times 04/04/2014
'Real Unemployment' Rate Points in the Wrong Direction
New York Times 04/04/2014
In Tepid Wage Growth, a Potent Sign of a Still-Fragile Economy
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Why high unemployment and the high percentage of the long term unemployed is determining U.S. Federal Reserve interest rate policy in 2012-2014
01/27/2009
With 40% of the unemployed in the U.S. shown as long term unemployed, mismatch in skills and other structural problems with unemployment, the U.S. Federal Reserve policies of Fed chairman Bernanke are geared to addressing this problem.
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Bernanke Plays Down Link Between Jobless Rate, Fed Moves
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Economy May Be Getting Its Wings Clipped
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