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Status:
"everybody getting reported now.."
(set 24 days ago)
Location: Pine Grove,AL
29,558 posts, read 16,548,014 times
Reputation: 6041
Quote:
Originally Posted by jimhcom
More than 40% of those jobs were below the mean wage. The scenario of loosing good jobs and replacing them with lower paid jobs continues. And the cheerleaders keep cheering. I guess they will right up to the point when they "say what the ......."
Jobs never return at the same pay wage as they left, so your argument doesnt make sense with in your context. If we were at4% and wages werent growing, then you would have a point.
Jobs never return at the same pay wage as they left, so your argument doesnt make sense with in your context. If we were at4% and wages werent growing, then you would have a point.
Oh for gods sakes yes they do..
If a company is experiencing turnover because the market for labor is better elsewhere, the wages increase. Is why Henry Ford doubled labor at his factories.
What we dont have is an economy where the is a demand for labor...
Status:
"everybody getting reported now.."
(set 24 days ago)
Location: Pine Grove,AL
29,558 posts, read 16,548,014 times
Reputation: 6041
Quote:
Originally Posted by pghquest
Oh for gods sakes yes they do..
really, you are telling me that if I terminate someone(for what ever reason) who has 8 years of service and raises, that i am going to hire a new person on at that same rate ?????????
How does 750K people LEAVE the work force and then the results = 321K jobs added? And if you are going to claim "seasonal adjusted" the results should be MORE entering the work force..
If more people start working than stop working, then you have gains. It's not complicated.
So job growth was better under Clinton and GDP growth was better under Bush.
Nice deflecting.
Clinton, yes.
Bush? He had a few good years. You can thank government expansion and the mother of all housing bubbles for that. But job growth was anemic even in the best of years, and then the bubble burst.
There were more positive job gains this year than the entire Bush presidency.
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