12 January 2015



Today’s Issue Cluster: US Labor

Retail – Medical Clinics Take Over Malls’ Empty Spaces
Oil – Banks Serving the Energy Industry Brace for a Jolt
Oil – Top traders book supertankers for storage at sea


MAJOR DATA POINTS



MARKETS



ECONOMICS



POLITICS & FISCAL POLICY

Greece – Syriza Holds the Lead in Opinion Polls WSJ / B / E *

Greece – Banks Ready Contingency Plans in Case of Eurozone Exit WSJ

Greece – Spectre of sovereign bond defaults looms FT / WSJ / FT *

Greece – Here’s who hurts most if default / b *

Greece – Euro-area governments hold 62% of public debt / b *


MONETARY POLICY

Fed – Low Wages Work Against a Move WSJ / WSJ / FT *

Fed – Closely Watched Inflation Gauge Falls to Lowest Level in 14 Years WSJ *


FINANCE



REAL ESTATE



SERVICES

Retail – Medical Clinics Take Over Malls’ Empty Spaces BW

Retail – Festive cheer for US stores as sales hit decade high FT *


MANUFACTURING



TECH



TRADE & TRANSPORTATION



COMMODITIES

Commods – Floods Buoy the Price of Palm Oil, Rubber WSJ *

Commods – Fall as Stockpiles Mount Up WSJ *

Commods – Dependency e * * * *


ENERGY & ENVIRONMENT

Oil – Saudi prince: $100 ‘never’ again USAT / B

Oil – US Producers Cut Rigs as Price Declines NYT / FT

Oil – Deep Debt Keeps Firms Pumping WSJ *

Oil – Firms’ New Dilemma: Save, or Borrow More? WSJ *

Oil – Banks Serving the Energy Industry Brace for a Jolt NYT *

Oil – Top traders book supertankers for storage at sea R / FT *

Oil – Big Trouble in Store WSJ *

Oil – Product Prices Fall as Supplies Climb WSJ *

Oil – US export code adds to bearish outlook FT * *

Oil – China won’t be riding to the rescue for producers any time soon q *

Oil – Location of Sector Jobs / bi *

Oil – Price Drop Takes Shine Off Steel Town WSJ

Oil – Goldman sees $40 needed to curb shale investments B / B

Oil – New shale wells needed to replace fading output from existing ones r * *


LABOR & EDUCATION

US – Hiring Booms, but Soft Wages Linger WSJ *

US – Unemployment by race, ethnicity / r *

US – New entrants, re-entrants / r *

US – UE duration down, but so is participation; discouraged up / r *

US – Wage growth and labor market participation / r *

US – Average Age of Workers / b *

US – The December Jobs Report in Charts wsj * *

US – Two charts / q * *

US – Labor-Market Dropouts Stay on the Sidelines WSJ *

US – Will the Labor Force See a Resurgence? wsj *

US – County With More Cows Than People Leads Labor Market B *

US – Wages Winners and Losers Since 2004 wsj / bp *

US – House Moves to Change Full-Time Work to 40 Hours in Health Law WSJ

US – Twenty states raised their minimum wage on Jan. 1 NYT / B / WSJ / wapo * *


HEALTH



ENDNOTE

Population density across 9 cities vox *


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