Goldman Sachs Says Unemployment Will Fall to Lowest Level Since 1969 (wage, statistics)
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In accordance with market principles via supply and demand, we should see wages going up then, but that is not happening. I would take anything Goldman Sachs says with a grain of salt because their criminal history speaks for itself and they are also a major part of the political elite establishment.
We still have 45 million people on welfare, 91 million out of the workforce..
Subtract old and young not capable of working and you would be lucky if half the population has a job and of those maybe two thirds are full time.
A better indicator to look at would be Shadow Government Statistics - Home Page.
It has been a pretty reliable source as pointed out during the Obama years by many.
According to a recent article in The Economist, ...."this year to the third quarter wage growth for factory workers, builders and drivers outstripped that for professionals and managers, with some blue-collar workers seeing rises of 11% in the buildings trade."
The Economist is behind a pay wall, but most of the article is here:
Rising Blue Collar Wages a Sign of Broad-Based Recovery
by Stuart Burns on NOVEMBER 22, 2017
"[last week], the latest consumer sentiment survey from the University of Michigan indicated that while overall confidence in the economy is sitting right near a 13-year high, “what has changed recently is the degree of certainty with which consumers hold their economic expectations.”
Unemployment can still be non-existent for debt slaves living in misery as the rich owners get richer off their sweat and blood.
I'm no Commy. I'm no globalist. I'm a patriot who witnessed the unscrupulous practices of corporate America since Clinton signed NAFTA and GATT. The American Workforce was left unprotected from the pure avarice of the Globalist posing as "Capitalists"
American can not work and compete with foreign nationals for rice paddies on the dollar. Only the rich benefited from past business practices and they have no intentions to spend more on labor.
We need to crush the globalists!
Pull back our military and hope other countries step in and send the globalists to Hell
The amount of stimulus and the type of stimulus is not seen outside of major wartime periods, such as WW2, Korea, and Vietnam. Perhaps, that is because the warfare also includes economic competition.
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