Employment-Population Ratio

While the official unemployment rate is decreasing, the “participation” ratio is decreasing. This means less people as a percentage of the total population are actively searching for full time work.

Some of those leaving the workforce are retirees, but the graph to the right is interesting because it shows the decrease from those in prime working ages. This shows how bad the employment is, even beyond the unemployment figures.

The graph below shows the huge gains women have made in the past 60 years.


Job Interviewees’ Most Common Mistakes

With 14 million Americans unemployed, you probably know someone who is interviewing for a job.

What are some of the common mistakes to avoid? Late arrival, limited enthusiasm, lack of eye contact, and others.

Here’s a good article that talks about thsese things to avoid and more.


5 Mistakes on Executive Resumes

T he U6 (unemployment rate including people who are part time but would like to be full time) is around 16%.

So, there are a lot of people with resumes out there. Perhaps you are one of those people, or at least know someone like that.

Here are some tips on resumes, including tips like “don’t start with an objective statement” and “don’t use language too vague”.


Quarter End Review / Preview

This week’s video is my 1st Quarter Review and my 2nd Quarter Preview.

The first quarter was good (yeah!), and I list the items I’ll be watching and thinking about for the 2nd quarter.

A must see video (if I do say so myself).


Hi Clients and Friends, Mike Brady here. This is the first quarter review and second quarter pre-view for 2011.

Now, in general, the first quarter was a little bouncy in February, but overall a positive quarter; actually, a very strong and nice quarter. The indexes, which of course you can’t invest in indexes, but they’re something that you see in newspapers and TV, etc., that we refer to all the time, the stock market indexes in general were all positive sort of in the middle numbers, four, five, six, something like that. The big winner was the sector that is small cap around nine or ten percent for the first quarter, depending on which slice you look at. Corporate bonds were positive for the year, for the first quarter I should say. And that is good for them, two to three percent. Government bonds were pretty flat either zero or actually negative, between zero and one percent, once again depending on which slice and what duration you want to look at.

So for this second quarter, what’s going to happen? Oh, boy, that’s always a tricky one. We have to look at it, I think, week and month by month. Some of the things I will be paying attention to will be quantitative easing, ending in June. Quantitative easing, (QE2 is what we call it) has been an influx of capital into the markets and that is going to end in June. Also Bernanke is going to give his first ever press conference at the end of April and boy, I think if you’ve been watching my videos and reading my newsletters you know I’m not a big fan of Ben Bernanke, so I’m kind of curious what he’s going to say and well you know kind of what the reaction is to him.

I’m going to continue to watch for the real numbers. I’m becoming more and more of a proponent that what you read and what gets put out there is not really telling the full story. A great example would be unemployment. The unemployment rate is 8.8 percent right now which is supposed to be good news. But the U6, which is the unemployment number including people who have given up looking, is quite high, sixteen or seventeen percent. So, I’m going to continue to look at what the real numbers are, telling us the real data. Just one more example while I’m thinking of it is inflation. Inflation, the CPI, does not include food and oil, as if we don’t drive or eat. I mean that’s a goofy number. So what are the true numbers so that we can understand what the recovery is saying.

I’m going to continue to watch oil. Oil has really increased in the last three or four months or so. And as I mentioned at the beginning of the year oil can be a real sidetrack, a good de-railer for the economy if it increases. And it has increased quite a lot since the beginning of the year. I don’t have the number right in front of me but as I recall it was around $88, and now it is right around $113, or $114. So it has started to increase and that is of concern to me.

These are some of the things that I’m going to really watch very closely this second quarter. And of course, I encourage you to give me a call as we go through the quarter if there are any concerns or questions you might have about the impact of this or that on the markets and on your portfolio, etc.

My name is Mike Brady. My company is Generosity Wealth Management, The phone number is 303.747.6455. I am a registered representative with Cambridge Investment Research. And we’ll talk to you next week. Thank you bye bye.






Employment Numbers

W hile the official unemployment rate has decreased in the past few months, the number of people in the work force is close to 30 year lows.

This is due to baby boomer’s retiring, but also people who are simply tired of looking for jobs! The unofficial unemployment rate is closer to 17%.

Click on the link below for a more detailed article.