Content originally published at iBankCoin.com
Are they retarded? Here is a group of George Soros funded protestors, celebrating the republican failure to repeal Obamacare, with scatter brained dancing and high fives. These people are literally celebrating a program that is designed to bankrupt them.
As Foxconn promises to bring 10s of thousands of jobs to Wisconsin amid billions of dollars of investment in new plants, one wonders what is going on in China that makes this economic (aside from the $3 billion 'incentives')...
Perhaps this...
Statista's Isabel von Kessel writes that in 2016, the Ministry of Human Resources and Social Security (MOHRSS) in China registered 1.8 million labor disputes – an increase of almost 118 percent compared to the previous year.
You will find more statistics at Statista
A lot of time has been spent of late discussing the apparent "labor shortage" in the U.S. economy. In fact, just this morning, the Wall Street Journal ran an alarming headline alleging that the market for "skilled labor" has become so tight that housing companies across the nation are having to recruit convicted felons in order to keep up with building demands.
This morning, Goldman's Econ team, led by Jan Hatzius, set out to identify why wage growth has been elusive despite the fact that unemployment rates and other labor utilization measures signal an economy at full employment. For evidence of labor market 'slack' they decided to take a look at how recessionary college graduates handled the post-recession labor market as their lack of skills often make them the most vulnerable to a weak job market.
Authored by Adam Andrzejewski via Forbes.com,
The 'Big Dogs' of local government in Illinois.
Illinois is broke and continues to flirt with junk bond status. But the state’s financial woes aren’t stopping 63,000 government employees from bringing home six-figure salaries and higher.