---
title: "Saturday Work"
url: https://independentstockanalysis.com/aturday-work/
description: "Employment Report Comments and more Graphs by Bill McBride . See his Employment Graphs . I’m sure yesterday the talking heads and media took the day off…"
published: 2013-01-05
updated: 2013-01-05
---

# Saturday Work

Published 2013-01-05

Posted on

by

J.J. Butler

Employment Report Comments and more Graphs by [Bill McBride](http://www.calculatedriskblog.com/2013/01/employment-report-comments-and-more.html). See his [Employment Graphs](http://www.crgraphs.com/2011/10/employment-graphs.html).

I’m sure yesterday the talking heads and media took the day off from the fiscal cliff and debt ceiling to pontificate over the employment report. NFP Day: The Most Over-Analyzed, Over-Emphasized, Least-Understood Data Point by [Ritholtz](http://www.ritholtz.com/blog/2011/02/nfp-over-over-least/).

From today’s employment report: Manufacturing, housing and energy sectors all show job gains in December by [Mark Perry](http://www.aei-ideas.org/2013/01/from-todays-employment-report-manufacturing-housing-and-energy-sectors-show-job-gains-in-december/).

Five Takeaways From December Jobs Report ([WSJ](http://blogs.wsj.com/economics/2013/01/04/five-takeaways-from-december-jobs-report/)). Why Flat 7.8% Jobless Rate Isn’t All Bad News ([WSJ](http://blogs.wsj.com/economics/2013/01/04/why-flat-7-8-jobless-rate-isnt-all-bad-news/)).

“Job cuts in 2012 were the lowest yearly total since 1997, due in large part to the slow pace of downsizing in the third quarter, layoff consultant Challenger, Gray & Christmas said.” [Marketwatch](http://www.marketwatch.com/story/challenger-job-cuts-in-2012-lowest-in-15-years-2013-01-03-104852122?mod=wsj_share_tweet)

Weekly Initial Unemployment Claims increase to 372,000 at [Calculated Risk](http://www.calculatedriskblog.com/2013/01/weekly-initial-unemployment-claims.html).

“Canada’s jobs picture continues to surprise on the upside.” [Globe and Mail](http://www.theglobeandmail.com/report-on-business/economy/jobs/canada-pumps-out-the-jobs-unemployment-rate-falls-to-71/article6937132/)

Median income at the [WSJ](http://blogs.wsj.com/economics/2013/01/02/vital-signs-chart-median-income-ticks-up/).

‘Choosing’ to Work Part-Time at [CEPR](http://www.cepr.net/index.php/blogs/cepr-blog/choosing-to-work-part-time?utm_source=CEPR+feedburner&utm_medium=feed&utm_campaign=Feed%3A+cepr+%28CEPR%29). Unemployment and Fed policy: [Sober Look](http://soberlook.com/2012/12/linear-trendline-projects-fed-ending.html).

“**2.1 million:** The number of Americans who will lose their jobless benefits on January 1 if Congress doesn’t extend emergency unemployment programs.” ([WSJ](http://blogs.wsj.com/economics/2012/12/22/number-of-the-week-without-unemployment-extension-millions-to-lose-benefits/)). Well, the can was kicked down the road for two months. Many choose to accept unemployment compensation rather than work for a slightly high amount.