August jobs report a disappointment; job growth falls and labor force participation continues to fall (illegal, Obama)

[pghquest]

Originally Posted by SyraBrian

You didn't answer the question.

I'm sure they applied for unemployment but if demand isnt lost, then its just moved elsewhere, so another store would just pickup the business..

hence the question, dont they need to eat?

[SyraBrian]

Originally Posted by pghquest

I'm sure they applied for unemployment but if demand isnt lost, then its just moved elsewhere, so another store would just pickup the business..

hence the question, dont they need to eat?

I'm sure that they went other places to buy groceries. But I doubt other grocery store chains hired extra employees to service a situation that could have been resolved at any minute.

That would have left competing chains with excess employees.

[pghquest]

Originally Posted by SyraBrian

I'm sure that they went other places to buy groceries. But I doubt other grocery store chains hired extra employees to service a situation that could have been resolved at any minute.

That would have left competing chains with excess employees.

Thats why they have temporary employees..

if there is a demand for labor, it will be met with labor.. The problem is a lack of demand.

[HappyTexan]

Blame it on all the retiring boomers for the decline in job participation.
Isn't that what they do every time it falls ?

I guess they aren't looking at the other numbers that show more and more older folks (55+) are in the job market today than ever before.

[SyraBrian]

Originally Posted by pghquest

Thats why they have temporary employees..

if there is a demand for labor, it will be met with labor.. The problem is a lack of demand.

Find a link that states competing grocery stores hired extra people and maybe I'll take your opinion seriously.

[SyraBrian]

Originally Posted by HappyTexan

Blame it on all the retiring boomers for the decline in job participation.
Isn't that what they do every time it falls ?

I guess they aren't looking at the other numbers that show more and more older folks (55+) are in the job market today than ever before.

By raw numbers or percentage? And 65+ doesn't count because they're not factored into the labor participation rate.

[pghquest]

Originally Posted by SyraBrian

Find a link that states competing grocery stores hired extra people and maybe I'll take your opinion seriously.

You want me to find a link which says companies will hire extra people to meet a demand for extra people?

Seriously?

I cant take you seriously if you think extra labor will just poof out of the air without people doing the work..

Hell, I'd like to have your imaginary business strategy, the one which involves getting paid to sell people products that I dont need to actually stock.. Where did you invet this business at?

[HappyTexan]

Originally Posted by SyraBrian

By raw numbers or percentage? And 65+ doesn't count because they're not factored into the labor participation rate.

We hit a 4 decade high with older workers (55+) in the workforce.
They've gone from 29% (1993) to 40%(2013) of the workforce.

A lot of that has to do with the loss of pensions.

Older workers stay on job past retirement age, while percentage of younger workers declines | cleveland.com

[SyraBrian]

Originally Posted by pghquest

You want me to find a link which says companies will hire extra people to meet a demand for extra people?

Seriously?

I cant take you seriously if you think extra labor will just poof out of the air without people doing the work..

Hell, I'd like to have your imaginary business strategy, the one which involves getting paid to sell people products that I dont need to actually stock.. Where did you invet this business at?

So you made an assumption that the competing grocery stores hired extra people for a situation that could have been resolved at any moment and can't back it up with proof?

[SyraBrian]

Originally Posted by HappyTexan

We hit a 4 decade high with older workers (55+) in the workforce.
They've gone from 29% (1993) to 40%(2013) of the workforce.

A lot of that has to do with the loss of pensions.

Older workers stay on job past retirement age, while percentage of younger workers declines | cleveland.com

We also hit an all-time high of people 55+. In 1993, all the folks 55-62 were born during the great depression baby bust.