California sets a new record for lowest unemployment rate (credit, house)

[Elliott_CA]

The California economic juggernaut continues to roll on.

Need a job? From indeed.com -- a quick search for any type of job in California yields 290,536 openings. 17,970 of those jobs are paying $100,000 per year and up. I'm sure out-of-state posters with an axe to grind will chime in with negativity about the cost of living, taxes, etc. etc.

[Tulemutt]

Originally Posted by JohnG72

So can I assume that since we have basically full employment you would support efforts to:

1.) End or reduce welfare(after all these people should be on work re-integration programs at this point).

2.) Revisit everyone on state disability who has non qualifying injuries(ie don't bother revisiting stage 4 cancer patients, but lets take a look again at the guy with the broken leg who has been on state disability for 2 years)

3.) Revisit Social Security disability with the same standards as #2.

In fact I'm shocked *SHOCKED* that you haven't proposed these matters. I mean, you are all about running an efficient government, right? And if theres full employment and jobs going unfilled even at decent wages, theres no reason for welfare payments, right?

As an aside, for everyone else in this thread saying that this isn't really full employment, I can set your concerns aside. Fast food jobs starting at $13 an hour are going unfilled right now in Los Angeles. The local McDonalds have signs out. Subway is a little less...maybe $11 an hour. But they are hiring literally anybody at those Subway jobs...even people that are consistently late. Starbucks isn't having an issue, but they pay a bit more than $13 an hour and will fire anyone that can't show up to work. So they get and retain quality employees. And keep in mind fast food jobs are basically the very bottom of the labor pool. So thats as bad as it gets. I'd be advocating for a guest worker program if the Democrats would drop their crappy line regarding illegal aliens and unwillingness to secure the border, along with unwillingness to torpedo the no longer necessary welfare benefits. As a further aside, this is how powerful President Trump's vocalization of US immigration enforcement has been. With the boosted wages and easy availability of jobs, Mexicans should be flooding the US borders. But they are not. President Trump's message has been quite effective.

You assume wrong. I don't give a damn who leaves as long as LOTS do. If I had my druthers, I suppose I would start by expelling every 'Chump in the Blight House' supporter because he's such a disastrously mentally deranged moron and anyone who is still fooled by that fool needs to be institutionalized along with him ... But having nothing to do with peoples' ideologies beyond that. Chump himself has no ideology, of course ... other than idolizing himself.

And no, I'm not "about running an efficient government”. There is no such thing. That's an oxymoron and I have no delusions. The bigger society gets, the more difficult it is to manage. Goes with the territory. Get us back to hunter-gatherer tribal units and we’ll revert to egalitarianism by natural design. Fine by me. I can hunt and gather my fine tookus off.

But you are damn right there’s no reason for welfare payments! And to this I propose ending all government subsidies to corporations, first. Then end the social welfare programs, including government management and oversight bureacracy - by instituting a Basic Income Guarantee (B.I.G.) dispersing those monies equally to every adult in the country legally. I am joined in this proposal by many leading conservative, libertarian, and liberal economists alike.

[DCMann2]

Originally Posted by SportyandMisty

Hmmm.... apparently not...






Let's look at the various levels of unemployment:



By all measures, unemployment is low. When you include discouraged workers and under-employed workers, unemployment is low.

By every measure, we are at or very near Full Employment (generally defined as 4% unemployment). Some credible economists forecast a 3.5% unemployment rate this year -- the lowest since 1968.

Excellent post; thanks for providing this information. Do you have direct sources for these graphs?

[SportyandMisty]

Originally Posted by Tulemutt

If I had my druthers, I suppose I would start by expelling every 'Chump in the Blight House' supporter because he's such a disastrously mentally deranged moron and anyone who is still fooled by that fool needs to be institutionalized along with him ... But having nothing to do with peoples' ideologies beyond that. Chump himself has no ideology, of course ... other than idolizing himself.

Decaf, Tulemutt; Try switching to decaf. I don't want you to have a brain hemorrhage.

[CaliRestoration]

Originally Posted by SportyandMisty

Decaf, Tulemutt; Try switching to decaf. I don't want you to have a brain hemorrhage.

I can't rep you again.

[Tulemutt]

Originally Posted by SportyandMisty

Decaf, Tulemutt; Try switching to decaf. I don't want you to have a brain hemorrhage.

Don't drink coffee ... no alcohol either ... nothing but water (seriously). No medications either. Lots of fish ... avocados too ... you know: brain food.

[SportyandMisty]

Originally Posted by DCMann2

Excellent post; thanks for providing this information. Do you have direct sources for these graphs?

For the labor participation rate, I can't link directly, but I can get you close & then you have to check a few boxes.

Go here: https://data.bls.gov/timeseries/LNS11300000 and that shows the labor participation rate for the past decade: 2007 through 2017. Then, you click on the drop-down to begin the chart at a different year -- go back as far as you want. I think the data go back to 1948.

For unemployment, I just googled "U6 Unemployment Chart". The following website charts the data that comes from BLS.

U6 Unemployment Rate | MacroTrends

[SportyandMisty]

Originally Posted by Tulemutt

Don't drink coffee ... no alcohol either ... nothing but water (seriously). No medications either. Lots of fish ... avocados too ... you know: brain food.

Queue up Adam Ant:

https://www.youtube.com/watch?v=27Tj...outu.be&t=1m5s

Sounds like you have a very healthy lifestyle.

[expatCA]

Originally Posted by Elliott_CA

The California economic juggernaut continues to roll on.

Need a job? From indeed.com -- a quick search for any type of job in California yields 290,536 openings. 17,970 of those jobs are paying $100,000 per year and up. I'm sure out-of-state posters with an axe to grind will chime in with negativity about the cost of living, taxes, etc. etc.

That is good for the 17,970 people who get those jobs.

Now about the 272,566 who get paid less ..... what is the break down below that?

[phantompilot]

Originally Posted by SportyandMisty

Hmmm.... apparently not...






Let's look at the various levels of unemployment:



By all measures, unemployment is low. When you include discouraged workers and under-employed workers, unemployment is low.

By every measure, we are at or very near Full Employment (generally defined as 4% unemployment). Some credible economists forecast a 3.5% unemployment rate this year -- the lowest since 1968.

You forgot the 3M illegals. The government doesn't track them. An unemployed illegal is invisible. So is one working "under the table" for cash.