Wall Street Sees Junk Bond Collapse, Prepares to Profit from it by Wolf Richter • Aug 13, 2015 • 7 Comments “Maybe this isn’t a great indication of the state of the economy.”
A True Jobs Massacre Spreads in US Oil & Gas by Wolf Richter • Aug 5, 2015 • 10 Comments And it’s far from over.
Americans’ Economic Confidence Gets Mauled by Wolf Richter • Jul 28, 2015 • 19 Comments At first, it’s a sampling error, statistical fluke, or the weather, but suddenly it’s serious
Microsoft Tallies True Costs of M&A Boom: Layoffs, Write-Offs, Shut-Downs, Economic Decline by Wolf Richter • Jul 9, 2015 • 13 Comments That’s what’s beyond the insufferably rosy corporate speak.
American Workers ‘Roadkill’ for Lobbyists, Immigration Lawyers by Wolf Richter • Feb 7, 2015 • 28 Comments Replaced by H-1B worker? Congress caved to corporate search for cheap labor.
In Search of Cheap Labor in Tech: Behind the H1-B Visa Scenes by Wolf Richter • Feb 5, 2015 • 49 Comments “They’re bringing in people with a couple of years’ experience to replace us, and we have to train them.”
Billionaire’s Dream: Uber’s New American Economy by Larry Kummer • Jan 23, 2015 • 14 Comments Who gets the crumbs in the ironically named “sharing economy”?
This Chart Shows How The Biggest Problem in the Jobs ‘Recovery’ Keeps Getting Worse (by the Atlanta Fed!) by Wolf Richter • Nov 10, 2014 • 7 Comments But it performs miracles on corporate profits.
Layoffs Explode In America’s Big Old Tech Companies by Wolf Richter • Nov 7, 2014 • 11 Comments Job cut announcements in tech doubled from a year ago. Worst year since 2009.
More QE? These Charts Show the Pauperization of Workers in the UK and America since 2008 by Wolf Richter • Oct 18, 2014 • 25 Comments The designated losers of monetary policy. There are a lot of them.