Wednesday, May 21, 2014

Did the Job Market Vigilantes Win?

We are still mired in the Robert Half Economy.  (h/t Carpe Diem)
Temporary and contract staffing employment increased 0.41% from the prior week. The index set a record, reaching 95 in week 16. This is the highest week-16 level since inception of the index
In a sense I have been correct that the "Job Market Vigilantes" have made a large contribution towards muting the presidency of the Worker of the Light.  (The Robert Half Economy is a corollary development to the phenomenon I call the JMVs.)  His administration's own incompetency and cynicism is most at fault, but it is hard to deny that the steady, ongoing jobs market misery has gone a long way to limiting Dear Leader's capacity to get things done.


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