Here’s where the jobs are for December 2023 — in one chart
The U.S. labor market beat expectations again in December, adding 216,000 jobs to close out the year while the unemployment rate held steady at 3.7%. Yet the job gains were slower than the same period a year ago, with the three-month average gain dropping to 165,000 a month compared with an average of 284,000 in […]
Market Talk – January 4, 2024
ASIA: The major Asian stock markets had a mixed day today: NIKKEI 225 decreased 175.88 points or -0.53% to 33,288.29 Shanghai decreased 12.90 points or -0.43% to 2,954.35 Hang Seng decreased 0.43 points or 0.00% to 16,645.98 ASX 200 decreased 29.10 points or -0.39% to 7,494.10 Kospi decreased 20.29 points or -0.78% to […]
Capitalism Is Impersonal, Not Soulless
There’s a lot to like in Richard Jordan’s recent essay at Law & Liberty, “Romancing Creative Destruction.” But it’s also infected with a notable flaw, namely, Jordan’s claim, complete with added emphasis, “capitalism is soulless.” Read narrowly, this assertion is empty of useful meaning. Capitalism isn’t a sentient creature; it has neither consciousness nor a […]
