Jobs

Mike the Mad Biologist

Category archives for Jobs

Before I get into the meat of the post, if, after reading this, you end up obsessing over trade deficits too, then I’ve failed (just wanted to make that clear). But imagining what the possible consequences of placing the trade deficit ├╝ber alles would be demonstrates why the current budget deficit fetish is absurd. Because,…

This is another resounding success by Treasury Secretary Timothy Geithner: Nearly nine months after its formation, a $30 billion government fund to foster small-business lending has yet to pay out a single dime, even as the nation struggles with traumatic levels of unemployment…. As of this week, 844 institutions have applied for $11.6 billion from…

The projections used by the Social Security Administration to determine when it will become ‘insolvent’ are notoriously pessimistic, in that they have been estimating that Social Security will be DOOOMED! in 28-38 years going on nearly twenty years. Like Zeno’s spear, we never seem to hit that wall. Well, it’s spread to Medicare (like E.…

…but these are green shoots merely “bumps in the road.” Or something. Brad DeLong posted a graph showing just how dismal the employment numbers are: as a percentage of population, employment has cratered. That’s a much more revealing number as unemployment, especially the strict version (‘U3′) leaves out all sorts of people who would be…

I’m a bit late to this story, but, if you missed it, the LA Times had a superb article about how IKEA treats and pays workers at its U.S. facilities much worse than at its Swedish factories: Workers complain of eliminated raises, a frenzied pace and mandatory overtime. Several said it’s common to find out…

Yes, it’s good that Planned Parenthood was defunded–I support Planned Parenthood. But the Democrats were routed on the economics. Right now, with U3 unemployment still near nine percent, and under- and unemployment essentially unbudged, we need more spending, not less (remember, government deficits mean an increase in private savings–in this case, unemployed people would get…

A Sustainable Research Model

There’s been a lot of interesting discussion about the poor job prospects of post-docs, much of which was sparked by this Nature News column by Jennifer Rohn. I responded with the idea that we need more research centers (although if what you want to do is teach, you should continue in academia). But what I…

Recently, I argued that the widespread ignorance of the most basic elements of U.S. politics should be viewed as an educational failure–an adult educational failure–committed by the political press corps. Basically, the political news media, with some exceptions, are either failing to provide relevant information or actively promoting ‘misinformation’ (also known as propaganda). To give…

For today, anyway. Brad DeLong is the only one out there who is as flummoxed, not to mention frustrated, as I am about the complete lack of responsiveness by the political system to nine percent U3 unemployment, and one out of six U.S. workers being un- or underemployed. DeLong nails it (italics mine): There is…

20+ Years of Wage Data: America Needs a Raise

By way of Mark Thoma, we come across these two figures about wages. First, with the exception of workers near the top of the wage scale, things have pretty much flat-lined for three decades: Women at the 50th percentile have seen an improvement, but keep in mind that they still lag considerably behind men in…