The BLS establishment survey doesn't get much press love or headline buzz when it comes to the monthly employment statistics, despite the survey's better accuracy than the population survey. For the past year, 1.899 million payroll jobs have been added and payrolls now stand at 132,821,000. From a year ago this is a 1.5% increase. The below pie chart breaks down March 2012 payrolls by major industry's percentage of total employment.
Citizen response to the disaster in Japan will have a major impact on future sources of power in the United States, our ability to live in a healthy environment, and the future of the nuclear power industry.
We do not yet know the outcome of the unfolding disaster at Fukushima I in Japan. There are conflicting stories about attempts to contain the reactors and public health hazards posed by this extreme nuclear event. At Zero Hedge, Tyler Durden has a breaking story on reactor number 1 at Fukushima that could have dire implications.
However, we are getting a glimpse of public reaction to the events in Japan. The Christian Science Monitor reported the results of a national survey on nuclear power conducted by OCR for the Civil Society Institute (March 15, 16-814 individuals).
More relevant for this community, however, is Lynn's unique and intimate perspective on the dire state of our economy and the solutions needed to support American industry and spur long-term job creation.
Greetings ladies and gentlemen and welcome to a new installment of Manufacturing Monday. Now I would like to do something a tad different this week. You see today we get two important economic indicators released. So, instead of waiting a whole week for me to reprise them here, I would go ahead and write about then today! I will still go over last week's indicators, but figured you deserve to get something more up to date as well. The numbers get released around 9:30 Eastern, so they will be covered first, then last week's stuff.
Yesterday I had hit on the situation going on with the automakers. Originally, I had intended to include some other stories, but the first piece was large enough (perhaps too large?) that I realized that I had to push the other pieces. Well, as promised, we got some interesting stuff. First on the auto front a cool piece on zero emission cars. Next we got fallout from biofuels and water preservation. Third, it seems the Chinese aren't so thirsty for the black stuff right now. Lastly could the current woes Australia's mining sector tell us something?
Hydrogen cars reach a milestone....no really..literally!
Failure in war can be a bad thing. Failure in business can be a personal loss, and in some instances a detriment to the economy. With the recent calamity hitting the two largest mortgage lenders, not to mention other large American business concerns, it seems to a select few that failure is indeed a viable and good option.
A gamble with very high stakes is being openly promoted by adherents to a free-market orthodoxy. These individuals, gaming on anger and the perceived loss of utility of these given enterprises, are pushing the public onto this wager.
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