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  • Productivity and Costs - First Quarter 2022, Revised

    From bls.gov

    Nonfarm business sector labor productivity decreased 7.3 percent in the first quarter of 2022, the U.S. Bureau of Labor Statistics reported today, as output decreased 2.3 percent and hours worked increased 5.4 percent. This is the largest decline in quarterly productivity since the third quarter of 1947, when the measure decreased 11.7 percent. (All quarterly percent changes in this release are seasonally adjusted annual rates.) From the same quarter a year ago, nonfarm business sector labor productivity decreased 0.6 percent, reflecting a 4.2-percent increase in output that was outpaced by a 4.8-percent increase in ... (full story)

You want to know why? BURNOUT!

Too many business can't find help at the price they are willing to pay so they expect more of the employees that remain and after months of working short staffed you get tired and productivity slips.
...because you never know - until you do!
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    Unemployment insurance weekly claims

    From dol.gov|Jun 2, 2022

    In the week ending May 28, the advance figure for seasonally adjusted initial claims was 200,000, a decrease of 11,000 from the previous week's revised level. The previous week's ...

    Different Kinds of BS

    From collaborativefund.com|Jun 2, 2022|3 comments

    There are three important facts about bullshit: It’s everywhere, it’s influential, and it’s dangerous. The amount of publicly accessible information today would have seemed ...

    The JMMC recommends a 650k increment for July

    From @Amena__Bakr|Jun 2, 2022|1 comment

    tweet at 8:41am: The JMMC recommends a 650k increment for July #OOTT #opec tweet at 8:43am: While the remaining balance will be the increment for August #OOTT #opec tweet at 8:45am: All members of the JMMC are in agreement with regards to the recommendation which will shortly be reviewed by the ministers #OOTT tweet at 8:47am: JMMC just ended . To be 100% accurate down to the barrel the recommended increment for EACH July and August is 648k #OOTT #opec tweet at 8:51am: Where did the 648k come from? The deal is now missing 3 increments of 432k over 3 months. So to speed it up by 1 month, divide the total of the 3 months by 2. #OOTT #opec

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