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The following chart shows the annual job growth using the quarterly average of the equally weighted government establishment and household employment surveys. I'm using the quarterly average to filter the noise out a bit.Click to enlarge.Perhaps an optimist can find something good in that chart, but I certainly can't (at least over the long-term and/or full business cycle anyway).May 18, 2012Recession PredictionThey...

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Click to enlarge.As of November of 2013, 3.28% of our population works in the food services and drinking places industry. That's a new record. Can't ever have too many highly compensated restaurant workers in this brave new world!As clearly seen in the chart (red trend line), it will only grow exponentially higher from here. Just look at that 0.990 correlation!What's that blue line you say? Oh, that's an old trend that...

VIEW MORE... Home my first week home with Dawa Top Of The Rock Winter Wonderland in PA New YorkHello 2014My December Instagram was pretty festive and field with lots of happy moments and Holidays Joy. Enjoy a small selection of them and you can see more on my Insta account Here Have a great Sunday everyone!FACEBOOK . BLOGLOVIN . INSTAGR...

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The following chart shows construction and manufacturing payrolls as a fraction of nonfarm payrolls.Click to enlarge.That sure looks like a fish ladder to me. The only difference is that the fish aren't supposed to be heading downstream. Down 19% and temporarily holding!Fish LadderThe velocity of water falling over the steps has to be great enough to attract the fish to the ladder, but it cannot be so great that it...

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