Posts Tagged ‘job creation’

  • Big Macs and Currency Manipulators

    Oct 24, 12 • 364 Views • No Comments

    In China, a Big Mac costs close to the equivalent of $2.44. That same burger in the US is $4.20. The basic idea is PPP, purchasing power parity. The dollar can buy more when the yuan is undervalued. And President Obama and Governor Romney have both indicated...  [read more]

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    The Apple I and the iPad

    Mar 19, 12 • 345 Views • No Comments

    Steve Jobs had been pruning Gravenstein apple trees at the All One Farm and was on one of his “fruitarian diets” when he and Steve Wozniak tried to figure out a name for their new firm. Rejecting Matrix, Executek and Personal Computers Inc., Jobs...  [read more]

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    Jobs Questions

    Feb 4, 12 • 243 Views • No Comments

    Hearing that the U.S. economy gained 243,000 jobs last month, wouldn’t you think that there were 243,000 more jobs? NY Times financial journalist Floyd Norris explains that actually, the economy LOST 2,689,000 jobs. But, it would be misleading for the...  [read more]

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    Unemployment Questions

    Feb 6, 11 • 224 Views • No Comments

    Friday’s employment report had good news and bad news. There was considerably less unemployment and considerably less job creation. Moving from 9.4% to 9%, the unemployment rate decreased more than most people expected. However, the job creation number,...  [read more]