The EU

Google says the EU requires a notice of cookie use (by Google) and says they have posted a notice. I don't see it. If cookies bother you, go elsewhere. If the EU bothers you, emigrate. If you live outside the EU, don't go there.

Thursday, February 3, 2011

Productivity per BLS

From the Bureau of Labor Statistics we have this news:
Nonfarm business sector labor productivity increased at a 2.6 percent annual rate during the fourth quarter of 2010, the U.S. Bureau of Labor Statistics reported today.
You can find the full report here.

But, what we need is for unemployment to go down.

Regards  —  Cliff


Craig H said...

Unfortunately, these stats are derived from accounting results, and, as such, fail to distinguish between, for example, the sale of on-hand inventory as opposed to the sale of produced goods, so they have to always be taken with a huge grain of salt and a very careful eye. It's one of the many reasons why encouraging "stats" like this aren't nearly so often accompanied by other useful and positive changes. Right now, we'd be better off for this particular stat to be going down, not up, given the way it's calculated.

C R Krieger said...

Agreed, but clearing of the market has to start some time for employment to go up.

Regards  —  Cliff