Today’s Issue Cluster: US Labor
Currencies – Discord emerges in Japan over yen’s accelerated slide
E-Cigs – Loose laws may be hard to tighten
Defense – Asia arms up to counter growing Chinese might
Germany – Aug: Factories See Sharp Drop in Orders; -5.7% from +4.9% / WSJ / B * *
Currencies – Sluggish Global Trade Growth Is Tempting Officials to Devalue WSJ *
Currencies – Pressure on Argentina’s peso sows seeds for deeper downturn FT *
Currencies – Discord emerges in Japan over yen’s accelerated slide N *
Currencies – Rouble touches record low versus dollar FT / WSJ
Currencies – Putin Reserve Rubles Vanish in Crimea Grab B / cfr *
Brazil – Rousseff to face pro-business Neves in runoff R / WSJ / FT / B / NYT *
Fed – Stagnant Wages Support Rate Patience Even With Job Gains B
Fed – Jobless Rate Falls Into Fed Forecast Range wsj *
Fed – Has been far too optimistic on the recovery / r *
Fed – Rate Policies Aid Foreign Banks WSJ * *
E-Cigs – Loose laws may be hard to tighten AP
E-Cigs – Dire Warnings by Big Tobacco NYT *
Defense – German ministry and arms industry come under fire FT
Defense – Berlin Hesitant to Boost Military Spending WSJ / AP *
Defense – UK spending set for tough decisions FT *
Defense – Asia arms up to counter growing Chinese might AP
Defense – Russia Overtakes US in Nuclear Warhead Deployment MT *
Internet of Things – Tech and telecoms groups fight to dominate FT * * * *
Supercycle – Emerging markets adapt to ‘new normal’ FT * *
US – Job Growth Rebounds, but Wages Lag WSJ / FT / NYT / AP / R / B / AP * *
US – Economy added 248k jobs / r *
US – Unemployment fell to six-year low / r *
US – UE duration, discouraged workers, participation rate all fell / r *
US – Unemployment by race and ethnicity / r *
US – Jobs Report in Charts / wsj * * * * * * * * * * *
US – Drop in Labor Force Hard to Pin on Discouraged Workers B *
US – Payrolls Effectively Up by About 600k as Hours Climb B *
US – Jobs Report Highlights the Wage Growth Puzzle nyt *
US – More Job Gains Than Dropouts wsj *
US – One in Five Workers Laid Off in Last Five Years, Report Says wsj *
US – Job Woes Linger in 29 States in Uneven Recovery B *
US – Los Angeles Minimum-Wage Boost Seen as Policy Test WSJ *
US – Labor under-utilisation ft *
US – German-Style Training for American Factory Workers WSJ
US – About That Manufacturing Skills Gap: It’s Complicated IBD
US – Skills Gap Bumps Up Against Vocational Taboo WSJ *
A mall straddles city boundaries and minimum wage requirements npr *