Quotulatiousness

October 11, 2011

Stephen Gordon: There is no case for Canada to “do something” about jobs

Filed under: Cancon, Economics, Government — Tags: — Nicholas @ 09:17

One of the side-effects of living right next door to the US is that Canadians often have more information about the state of the economy in the US than they do about their own economy. Calls for the federal government to “do something” about jobs is a good example:

But it doesn’t make much sense for Canada to ‘do something’ about job creation because of problems in the U.S. labour market. Why would anyone look at U.S. data and go on to infer that the rate of job creation in Canada requires a policy response?

[. . .]

The best proxy I’ve been able to find for the hiring rate is the number of workers who have been at their current jobs for less than three months. Movements in the number of people hired should show up here, albeit with a certain lag. As far as I can make out [. . .] the hiring rate fell significantly in 2009, but returned to trend in 2010. The data from 2011 are consistent with those of the boom years of 2005-2007.

Calling for the government to ‘do something’ about job creation when hiring rates are already at pre-recession levels is puzzling. At best, it is a demand that the government undertake busy work: activities that achieve little beyond demonstrating that it is ‘doing something’. And judging from the response, it is also a demand that the government is happy to meet.

September 23, 2011

Gary Johnson on the “job creation” idea

Filed under: Economics, Humour, Politics, USA — Tags: , , , — Nicholas @ 00:42

September 8, 2011

Play it again, Gibson

Filed under: Bureaucracy, India, Law, USA, Woodworking — Tags: , , , , — Nicholas @ 08:59

Allahpundit posted the video clip above, saying:

If I’m understanding the applicable law correctly, Gibson is as much a victim of Indian protectionism as they are federal meddling. Watch the quickie John Roberts segment for the gist of it. The wood they use to make guitar keyboards is sufficiently rare/endangered that it can’t be exported legally from India unless it’s already been finished by Indian workers, and under U.S. law, if the export is illegal under Indian law, then it’s illegal here too. The governing statute, the Lacey Act, was passed in 1900, but only in 2008 was it expanded to include plants as well as animals, which is why Gibson’s now being hassled about the wood. All of which is jim dandy — except for the question of why Gibson seems to be getting so much federal attention vis-a-vis other firms. Roberts touches on that.

H/T to Jon, my former virtual landlord, who commented “I like the way he pulls the finished guitar fret out of his ass.”

Update: Speaking of Jon, he’s all over this issue with another link and extra commentary:

CHRIS DANIEL: Mr. Juszkiewicz, did an agent of the US government suggest to you that your problems would go away if you used Madagascar labor instead of American labor?

HENRY JUSZKIEWICZ: They actually wrote that in a pleading.

[. . .]

He’s even warned clients to be wary of traveling abroad with old guitars, because the law says owners can be asked to account for every wooden part of their guitars when re-entering the U.S. The law also covers the trade in vintage instruments.

As Jon points out, this is more than just an issue for the musical instrument makers and musicians:

It’s only a matter of time until this is applied to tools and furniture.

I wonder where [hand tool maker] Lie Nielsen’s politics lie — but he should be safe, using domestic cherry for his totes and knobs.

Lee Valley might have a problem exporting to the US, what with bubinga and rosewood components and being based in Ottawa, which is now a hotbed of hard-right conservative political thought. (A co-worker is wondering why I’m giggling to myself here).

September 6, 2011

Stephen Gordon: no case for stimulus in Canada (yet)

Filed under: Cancon, Economics, Government — Tags: , , — Nicholas @ 12:15

As he points out in the article, Canadians who are calling for the federal government to indulge in US-style stimulus spending are not paying attention to the Canadian economy:

Employment in the U.S. is far below its pre-recession levels, and employment in the construction sector has been hit particularly hard. So there is a strong case to be made for a U.S. program of infrastructure spending — and many U.S. observers are making that case.

Neither of these conditions holds in Canada. Although unemployment rates have yet to return to pre-recession levels [. . .], the number of jobs lost during the recession has been recovered, and July employment levels were 1 per cent above their pre-recession peak.

Is the freelancing sector the “new industrial revolution”?

Filed under: Economics, Liberty, USA — Tags: , , — Nicholas @ 09:03

Sara Horowitz, founder of Freelancers Union, presents an anecdote-heavy but data-poor view of the surge in freelancing as “the Industrial Revolution of our time”:

It’s been called the Gig Economy, Freelance Nation, the Rise of the Creative Class, and the e-conomy, with the “e” standing for electronic, entrepreneurial, or perhaps eclectic. Everywhere we look, we can see the U.S. workforce undergoing a massive change. No longer do we work at the same company for 25 years, waiting for the gold watch, expecting the benefits and security that come with full-time employment. We’re no longer simply lawyers, or photographers, or writers. Instead, we’re part-time lawyers-cum-amateur photographers who write on the side.

Today, careers consist of piecing together various types of work, juggling multiple clients, learning to be marketing and accounting experts, and creating offices in bedrooms/coffee shops/coworking spaces. Independent workers abound. We call them freelancers, contractors, sole proprietors, consultants, temps, and the self-employed.

And, perhaps most surprisingly, many of them love it.

I’m in this category myself, as a self-employed technical writer. I buy my own tools, pay my own taxes (reminder to self: next tax installment due on the 15th), and — within reason — set my own working hours. Of course, my clients have a lot to say about when my working hours tend to be, so it’s more an extra degree of flexibility than it is total freedom. But it works well for me.

September 2, 2011

Time perspectives

Filed under: Economics, Education, Media, Technology — Tags: , , , — Nicholas @ 00:06

H/T to Chris Myrick for the link.

September 1, 2011

“It is rather amazing how fast Solyndra wasted over half a billion US taxpayer dollars”

Filed under: Environment, Government, Technology, USA — Tags: , , , , — Nicholas @ 09:34

Mike “Mish” Shedlock looks at the breakneck pace of loss at Solyndra, a solar power company that just went bankrupt:

The federal government should get out of the business of picking technology and “green” winners. Government backing of alternate energy companies has been nothing short of disastrous.

A solar energy firm touted by the administration in 2010 as a as a “gleaming example of green technology” today announced bankruptcy. 1,100+ employees will be fired.

[. . .]

The “seen” math is simple enough. $535 million divided by 1,100 is roughly $486,363 per job saved, now job lost.

That is just the “seen” consequence. The “unseen” consequences are not directly calculable but by giving Solyndra money, other companies that the free market would have preferred have been harmed, perhaps permanently harmed.

Although Obama clearly rushed this pathetic company for a nice photo-op, this is not a simple case of the president failing to do his homework as the GAO implies. The government has no business promoting this kind of crap in the first place.

In this case, it is rather amazing how fast Solyndra wasted over half a billion US taxpayer dollars, so fast I suspect fraud.

Do women earn less than men?

Filed under: Economics, Education — Tags: , , — Nicholas @ 09:27

August 26, 2011

Unexpectedly over-used

Filed under: Economics, Government, Media, USA — Tags: , , , , — Nicholas @ 09:05

Jim Geraghty explains why the word “unexpectedly” has become a punchline:

For about three years now, conservative bloggers have chuckled at how frequently the unveiling of bad economic news comes with the adverb “unexpectedly” in media reports. As Instapundit’s Glenn Reynolds, Michael Barone, and others have often asked, unexpected to whom?

“I think it’s a combination of cognitive dissonance, the terra nova nature of the post-bubble economy, and a healthy dose of partisanship,” suggests Ed Morrissey, who has blogged about the ubiquitous adverb regularly at HotAir.com.

Perhaps the perpetual surprise reflects a media desire to focus on pockets of growth or prosperity — at least with a Democrat in the White House. In a widely diversified $14 trillion economy, one can almost always find some areas of economic improvement.

Certainly, a media that wanted to paint a more dire portrait of the economy would have no shortage of material to work with. There’s considerable evidence that America’s problems in job creation are much worse than the most widely cited numbers would indicate.

For example, President Obama spent much of the past year touting the number of consecutive months of private-sector job growth that the country had enjoyed. But that boast comes with some asterisks. Traditionally, the population of American workers grows each month, and while economists differ a bit on precisely how many new jobs are needed each month just to keep the unemployment rate stable, it’s often more than the figure Obama cites. The Heritage Foundation puts the figure at 100,000 to 125,000; some argue that any serious reduction of the unemployment rate will require adding 200,000 jobs per month. Only four months out of the past 17 have seen at least 200,000 jobs added; some months of growth have been minimal, such as January 2010, when the economy added 16,000 private-sector jobs,. Nonetheless, like a bloop single keeping a batter’s hitting streak going in baseball, meager months of job growth permit Obama to keep bragging about how many consecutive months he has presided over private-sector job growth.

July 17, 2011

In the aftermath of Georgia’s “victory” over illegal farm workers

Filed under: Americas, Food, Law, USA — Tags: , , — Nicholas @ 11:54

Last month, I linked to a story about Georgia’s attempt to crack down on illegal agricultural workers. It was, in terms of achieving its stated goals, a big success: illegal workers left in droves for other jurisdictions. It wasn’t quite as successful from the point of view of farmers:

To combat the shortage, Governor Nathan Deal has authorized using criminal offenders out on probation to replace the mostly Latino migrant workers. It’s not working out so well:

    The first batch of probationers started work last week at a farm owned by Dick Minor…So far, the experiment at Minor’s farm is yielding mixed results. On the first two days, all the probationers quit by mid-afternoon, said Mendez, one of two crew leaders at Minor’s farm.

    “Those guys out here weren’t out there 30 minutes and they got the bucket and just threw them in the air and say, ‘Bonk this, I ain’t with this, I can’t do this,’” said Jermond Powell, a 33-year-old probationer. “They just left, took off across the field walking.”…

H/T to John Henke for the link.

July 6, 2011

Having it all? Not without sacrifices

Filed under: Economics, Law, Liberty — Tags: , , , — Nicholas @ 12:29

Scott Greenfield wastes little sympathy with the plaintifss in this case:

How grand would life be if you could enjoy the perks, the glory, the importance and power of being a big shot executive with a major multinational, but got to stay home and play with the kids rather than work? I know, me too. So too the six women suing Bayer for sex discrimination.

While there are plenty of other causes of action that suggest they have some very real gripes. This [. . .] is not their strongest point:

The few women who have advanced beyond the director level and into the highest echelon of management have achieved this rank by sacrificing their personal lives and abandoning work-life balance. Female Vice President of Global Health Economics and Outcomes Research Kathleen Gondek is unmarried with no children, female Senior Director Susan Herster has no children and female Vice Presidents Shannon Campbell and Leslie North have others who serve as primary care-givers to their children.

Can you imagine the sadness at the loss of work-life balance by these women in the “highest echelon of management?” How sad. How wrong. They shouldn’t be there are all if they haven’t figured out that anyone elevated to that position is required to sacrifice their personal lives to perform the heavy burdens that come with the heavy paycheck.

Not worth it for you? That’s cool. Don’t do it. And don’t get the title, or the car, or the paycheck. But you can’t have it all. No man can. No woman can. No one can. And don’t whine about the choice you made, to go for the career at the price of a family life.

June 27, 2011

Stephen Gordon: The “broken window” fallacy of “green” jobs

Filed under: Economics, Environment, Technology — Tags: , , , — Nicholas @ 09:51

It’s always nice to see a reference to Frédéric Bastiat in a modern day setting:

But it is possible to oversell the green jobs theme. Job creation should not be a goal of environmental policy, no more than it should be a policy goal in the fields of health or national security. If, instead of hiring people, we could use magic to stop disease, crime and environmental degradation, we would. Pointing to jobs ‘created’ to fix these problems is an error that Frédéric Bastiat identified in his ‘parable of the broken window’. Broken windows generate work for glaziers, but that doesn’t mean that breaking windows will increase national income.

An often-quoted statistic goes something like this: “wind energy produces 27 per cent more jobs per kilowatt hour than coal plants and 66 per cent more jobs than natural gas plants”. This could well be true, but it is hardly a strong argument in favour of the employment opportunities that would be generated by investing in wind energy: hiring more people to produce less energy is not a strategy for prosperity. Similar gains in employment could be obtained by outlawing mechanical excavators so that all digging must be done by hand. It may make sense to encourage the development of wind power, but increased employment is most emphatically not one of the reasons for doing so.

June 23, 2011

Your social media reputation and your future employment prospects

Filed under: Cancon, Media, Technology — Tags: , , , , , — Nicholas @ 09:30

Chris Greaves posted this link, which should be a warning to everyone to be (even more) careful about your online reputation:

Camille Cacnio, a part-time receptionist at a car dealership, was caught in a 3-second video clip, stealing clothing from a looted store during the Stanley Cup riots.

She was fired.

Professional mountain biker Alex Prochazka posed in front of a burning car, while wearing a T-shirt from his sponsor Oakley.

The sunglass company promptly dropped him.

Carpenter Connor Mcilvenna declared the riots “awesome” on his Facebook page, and posted several pro-riot status updates, such as “atta boy vancity!!! show em how we do it!!!” and “vancouver needed remodeling anyway….”

RiteTech Construction was listed as his employer on his Facebook profile, and the next morning, Mcilvenna was fired.

His boss said he was flooded with emails and didn’t want the company’s reputation linked to the man.

“I think this will be a turning point in how employers look at social media,” said Peter Eastwood, a partner at Borden Ladner Gervais in Vancouver. “This is an extremely powerful tool that has potentially enormous and immediate consequences for a business.”

This is something the early bloggers had to face, that what you post online (or what is posted about you) will be there forever. No rational employer is going to offer you a job in future without at the very least running a Google search on you, and there’s already a niche market for employers to explore (doing a deeper search on prospective employees). Background check and personal references? I’m starting to wonder why employers even bother going through the motions any more.

June 21, 2011

In unrelated news, Georgia now has farm issues

Filed under: Americas, Food, Law, USA — Tags: , , — Nicholas @ 10:14

After a passing a hugely successful bill to exclude illegal immigrants from the state, politicians are astounded to find that actions do have consequences:

After enacting House Bill 87, a law designed to drive illegal immigrants out of Georgia, state officials appear shocked to discover that HB 87 is, well, driving a lot of illegal immigrants out of Georgia.

It might be funny if it wasn’t so sad.

Thanks to the resulting labor shortage, Georgia farmers have been forced to leave millions of dollars’ worth of blueberries, onions, melons and other crops unharvested and rotting in the fields. It has also put state officials into something of a panic at the damage they’ve done to Georgia’s largest industry.

Barely a month ago, you might recall, Gov. Nathan Deal welcomed the TV cameras into his office as he proudly signed HB 87 into law. Two weeks later, with farmers howling, a scrambling Deal ordered a hasty investigation into the impact of the law he had just signed, as if all this had come as quite a surprise to him.

Driving out competing labour from illegal immigrants has created a lot of farm labour jobs for Georgia’s unemployed citizens, but for some unexpected reason, they’re not moving into those jobs:

According to the survey, more than 6,300 of the unclaimed jobs pay an hourly wage of just $7.25 to $8.99, or an average of roughly $8 an hour. Over a 40-hour work week in the South Georgia sun, that’s $320 a week, before taxes, although most workers probably put in considerably longer hours. Another 3,200 jobs pay $9 to $11 an hour. And while our agriculture commissioner has been quoted as saying Georgia farms provide “$12, $13, $14, $16, $18-an-hour jobs,” the survey reported just 169 openings out of more than 11,000 that pay $16 or more.

In addition, few of the jobs include benefits — only 7.7 percent offer health insurance, and barely a third are even covered by workers compensation. And the truth is that even if all 2,000 probationers in the region agreed to work at those rates and stuck it out — a highly unlikely event, to put it mildly — it wouldn’t fix the problem.

May 20, 2011

Salesmen get rewarded for whoring their wares

Filed under: Europe, Germany, Randomness — Tags: , , — Nicholas @ 09:09

At least, according to this story, the best salesmen at Munich Re were rewarded with whores:

However, this being a German-run orgy, it was not an unseemly free-for-all, but an efficient affair in which the prostitutes “had worn colour-coded arm-bands designating their availability, and the women had their arms stamped after each service rendered”.

Handelsblatt‘s informant told the paper: “After each such encounter the women were stamped on the lower arm in order to keep track of how often each woman was frequented.”

He elaborated: “The women wore red and yellow wrist bands. One lot were hostesses, the others would fulfill your every wish. There were also women with white wrist bands. They were reserved for board members and the very best sales reps.”

This was back in 2007, according to Handelsblatt, a German business publication. I’ve worked at companies where the sales force seemed to be extravagantly over-rewarded with various goodies, but this seems to be a few steps further.

« Newer Posts — Older Posts »

Powered by WordPress