Hiring weak in May except for Census workers, US says - MarketWatch
Fri, 04 Jun 2010 19:00:22 GMT+00:00
MarketWatch "A disappointing private payroll number to be sure," said John Ryding and Conrad DeQuadros of RDQ Economics . Markets were expecting a gangbusters US jobs ... Weak Private-Sector Employment Numbers Miss Analyst Expectations in May Housing Wire Jobs numbers for May squelch some economic optimism Christian Science Monitor 431K Jobs Added in Economy but Less in Private Sector TopNews United States NPR  - The Associated Press  - IndyPosted

The color of pot campaign is green, and based in Oakland - San Jose Mercury News
Sun, 20 Jun 2010 10:44:09 GMT+00:00
San Jose Mercury News ... by claiming hypocrisy in the legality and rampant advertising of alcohol; of economics , by arguing that a booming, legal cannabis industry could create ...

Fewer job losses, but unemployment claims still high - Rapid City Journal
Sun, 13 Jun 2010 14:08:07 GMT+00:00
Rapid City Journal The National Association for Business Economics , a private professional association for business economists and those who use economics in the workplace, ...

what is the advantages and disadvantages of labor intensive in economics?
Q. what is the advantages and disadvantages of labor intensive in economics?
Asked by johnlery r - Mon Dec 10 00:09:02 2007 - - 1 Answers - 0 Comments

A. If the market is demanding labor, intensive in labor is no good for production. and also no good for construction , the cost for both will rising. The advantage is easy for finding a job, economics are stable
Answered by freshman - Mon Dec 10 00:23:43 2007

Labor Economics: profit maximization?
Q. Consider this question... The profit maximization qty of labor for a firm is when: Marginal Product of Labor (MPL) = W/P or restated in a diff way W= Marginal Revenue Product of Labor (MRPL) So...here's the question: "a very small firm can produce no output when it uses no labor, 9 units ouf output when it uses one worker, 17 units of output when it uses two workers, and 24 units of output when it uses three workers. Competition forces this firm to pay a nominal wage of $19 and charge a product price of $2.50 per unit. Use marginal productivity theory to determine the firm's profit maximizing employment. So saw you make a chart... with the following columns: Labor Output MPL (change in qty/change in labor) Price Revenue (P [cont.]
Asked by tiner130 - Thu Sep 4 21:30:50 2008 - - 1 Answers - 0 Comments

A. Real Wage = W/P W - nominal wage P - price level p - price of the output (product) MPL - marginal product of labor MR - marginal revenue of additional unit of good MRPL = MPL * MR thus firm's demand for labor will be: MPL * MR = W/P or MRPL = W/P where MRPL will represent additional revenue from produced product of the next worker hired, thus will represent quantity of labor. So if price level is fixed, then labor demand function will be: MRPL = W Price of output is fixed too (seems like your case represent perfectly competitive market for both goods market and labor-market), thus MR=p=$2.5 and W=$19 So profit-maximizing equilibrium should be around thus equation: MPL*2.5=W or 2.5MPL=19 Here is schedule: L ... Q .MPL .MRPL .TR .. TC ...… [cont.]
Answered by Yuri - Thu Sep 4 22:43:21 2008

Does trickle down economics only trickle down to cheap foreign labor and exploitation of illegal immigrants?
Q. Does trickle down economics only trickle down to cheap foreign labor and exploitation of illegal immigrants?
Asked by Chi Guy - Sun Feb 8 13:31:16 2009 - - 17 Answers - 0 Comments

A. Republicans don't realize that the money being trickled down is NOT enough for everyone. They try to hire the cheapest labor for most amount of work, thus, hiring foreign hands and illegal immigrants. They say it's not true, but look at the thousands of sweatshops overseas built by multi milliondollar corporations like NIKE. They pay them 2 cents an hour, ship it here, and sell shoes for 90 dollars a pair. That is brilliant business tactics, but they should not be rewarded with more tax breaks when they already rip people off. I don't get why Republicans think if CEO's get more tax cuts, they will use that to create more jobs. They obviously spend that extra money on private jets, 10 houses, and ferraris. Yeah, that creates jobs alright.
Answered by Bubba Sparks - Sun Feb 8 13:43:09 2009