Ken Goldstein
Ken Goldstein
Ken Goldstein, also known as Kene G and Jack Dempsey, born June 1969, is an American film and television writer, producer, director and occasional actor. He is a co-founder of Planet illogica and CEO of The Six Shooter Company and the author of the book series, The Way of the Nerd. Goldstein is an active speaker at conferences and festivals, universities and private and public institutions. He has been a featured and Keynote speaker in Brazil, Australia, France and Germany...
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Overall economic momentum is no longer firing on all cylinders. And hiring intentions this summer are suggestive that companies may not increase hiring until the economy regains more solid footing.
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Historically, job advertising drops off in the months of November and December. This online series does not have a long enough history to seasonally adjust the data. However, we know from The Conference Board's long running Help-Wanted Index for print ads, as well as the Federal Bureau of Labor Statistics' job vacancy index (JOLTS) that businesses typically decrease their recruitment in the last two months of the year. This seasonal November decline typically reflects the Thanksgiving holiday and a slowdown in recruitments after a seasonal upturn in the late summer/early fall. Year-end budget constraints may also play a role if funds are short for paid advertisements. Nationally, the downturn in new online ad volume the week before and the week of Thanksgiving more than offset the modest increases in the other weeks in November.
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Signals for the immediate future point to continued expansion, although not at the breakneck pace of the fourth quarter of 1999, ... The biggest risk to the ongoing expansion continues to be interest-rate increases and the prospect of still more Federal Reserve Board action.
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The significant increase in the leading indicators during the last six months, tempered only by the financially related pause in February, points to forward momentum in this expansion.
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The biggest risk to the ongoing expansion, which in June will be in its record 111th month, remains the interest-rate increases at hand and the prospect of still more action by the Federal Reserve Board, ... The data suggest that some sectors may be beginning to respond to Fed tightening.
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I think we are going to get consistent job growth. The signals we're getting suggest we're on the road to better growth. Unless something else happens, then perhaps in a few months, we will finally get some good news in the labor market.
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People are doing what they want. A lot of the companies that are using these people are doing what they can do profitably.
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Rising business costs and uncertainty in many companies about price hikes is a major consideration now in how fast the domestic economy can grow, especially in the second half of the year.
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It can't just smell like a recession - it has to smell, look and taste like one.
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Some of the department store sales don't make sense to me,
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To me, that could well prove a more important issue than the impact of Katrina,
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The fact that the January number is back up to the higher level we saw in August 2005 indicates that the demand for labor is holding steady and seems to have weathered the hurricane and energy-related effects of last fall. The January online help-wanted ad volume is consistent with what we are seeing from the Consumer Confidence Survey. In January, consumers were more upbeat about current economic conditions, and they were especially more positive about the job market.
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Today's conditions are similar to those prevailing in the late 1980s, when there were also widespread reports of jobs available and no one to fill them.
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We discovered for the umpteenth time that what matters most for most Americans is the labor market.