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See a big jump in hiring in November. It happens every year no matter what. Remember there are a lot of people hired part time and some full time for the Holiday period. This all counts as new hires. January 10, and the big majority of them are laid off.
As someone else pointed out, the data is seasonally adjusted so your point is a non-point.
To add to the ridiculousness of your statement, net job gains in January (when you say they are all laid off) are consistently one of the highest months*. Since 2006 the average for January has been the 3rd highest month of the year, and over the last five years January has averaged slightly higher than November.
Plus September added even higher at 208k, are you going to claim those were all part time pumpkin harvesters?
The ones hiring, will be restaurants, retail, delivery services, warehouses, and other low paid jobs.
Biggest gain was healthcare category. Government and construction were also strong. Retail actually lost over 8K jobs, so I have no idea why you're talking about saying that is who is hiring.
Quote:
Originally Posted by oldtrader
Getting excited about a big bunch of people being hired in November and thinks that good jobs are opening up again, is kind of silly.
As silly as making up a bunch of things and presenting them as fact?
Too bad most of them pay nothing and have no benefits or insurance. It will take decent jobs to get the country back on track and get an engaged workforce.
I'd invite you to tell us the median pay of the jobs added, and what percentage offer benefits/insurance compared to previous employment cycles.
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
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Here where I work we have added over 100 FTEs for 2017's budget, and we offer great benefits and pay, though most of these are in the lower range at about $60k.
Basically, all the data show that we have not improved the economy significantly for the majority of Americans since about the year 2000. We have improved it for select populations only. It was as if general economic progress stopped then.
This has been true since the late 70s. Escalating workforce participation (more incomes/household) and easy credit and finance made it less obvious, is all. Median individual incomes have been flat for 40 years, and have declined at lower levels. In the same time period the top 0.01% has experienced a 700% increase. This has been the norm for 4 decades now! It isn't new.
All of the economic proposals I know of made by political candidates avoided the important issues. There just isn't intelligent discussion at that level.
...... Median individual incomes have been flat for 40 years, and have declined at lower levels. In the same time period the top 0.01% has experienced a 700% increase. This has been the norm for 4 decades now! It isn't new.
.......
The median numbers have been offset by millions and millions of illegal aliens with low skills and limited ability to hold decent jobs since their employment is illegal to begin with. Truly we do have an increasing divide inside of the middle class. We have a large number of low skilled workers with limited job potential. We also have an increasing number of jobs for college educated and other skilled workers. The unemployment rate has been less than 3% for the vast BLS category of "professional" jobs. That 3% includes those with prison records, no work ethic, drug dependency or who just refuse to leave little isolated communities and move to the areas with jobs.
My daughter is struggling to find a job. She has determined she needs at least $10/hour full time to make ends meet. She currently makes about $9/hour cleaning dog and cat kennels at a Humane Society. Despite we live in an area that is “booming” on paper, she cannot find a job that pays enough for her to live on.
Union trade jobs: A job in an apprenticeship program is hard to get. They just do not return phone calls. Most apprenticeship programs require you promise to work in the trade for 3 – 5 years after completing the program or pay back the cost of the program (up to $60,000). Even with that, it is hard to get in. I think you have to know someone.
Factory Jobs: We keep hearing there is a demand for factory/shop workers, however there never seem to be any available. Not sure how they advertise such jobs or recruit, but it is not through the normal systems available to ordinary people. Most of these jobs require experience anyway.
Government jobs: Government jobs are being cut around here. Not only hard to get, but not very secure. Many of the government jobs are part time.
Retail/food service. Most of these jobs are part time and/or pay less than $10/hour. Many require experience other than cleaning dog kennels.
Truck Driver: This might actually be a good job for her, but you have to go to school and pay for it, or find an employer willing to pay for the training. Apparently, there are plenty of people already trained/licensed.
Some will say just take a lower paying job and work your way up. That is all well and good if you have some way to live on the lower pay for years until you get a raise. In fact, that is how she got to $9/hour. However raises are rare and not enough to get her to $10/hour before she completely runs out of money.
She may have to quit her job and go on welfare in order to make enough to get by. Apparently she cannot get any government assistance when she is making $9/hour, but she would get more money than her $9 hour job pays if she was not working at all and just went on welfare.
So while there are a lot of jobs advertised and she applies to 10 - 20 of them a week, they all turn out to require experience, be part time or pay less than $10/hour. She is not picky and will do anything, but no one will hire her.
She can move back home, live with us, and go through some sort of trade school, but she does not want to do that (22 and living in your parents basement with no job has become kind of the definition of loser for her generation), besides she is trying to get started on her life. Moving back in does not get her there..
You do what you have to do, and moving back home will definitely help "get her there". Cut expenses, increase security, create time and space to move onward and upward to such better things as she has in mind. While multi-generational households are not the norm that they were for such a long time, millions still do follow that path today. Tell the stigma-pushers that they can go leap in a lake.
My daughter is struggling to find a job. She has determined she needs at least $10/hour full time to make ends meet. She currently makes about $9/hour cleaning dog and cat kennels at a Humane Society. Despite we live in an area that is “booming” on paper, she cannot find a job that pays enough for her to live on. .........
This is a story that needs to be told, and told and told again. Your daughter received or should have received 12 full years of no cost education. During that time it is very important to truly gain an education and develop knowledge, critical thinking and abilities that a essential later in life. It is also important to develop career plans. That could mean deciding about vocational training or college. That could mean developing skills needed to get a job even if future formal education is not in the immediate plans. Where I live a strong majority of kids do go on to college. There are also a great many who do not but during their junior and especially senior years, they often pursue working part time to gain experience and to pave the way for full time work. The high schools accommodate this by starting early and ending by 2pm in the after noon. Instead of cleaning kennels, there is a demand for kids who can work with animals and help out in vet offices.
I have no idea about your daughter, but certainly I have seen many kids who drift through their school years without learning or achieving much. Once they graduate they find few good job opportunities and plenty of more experienced people waiting to take them. That is not likely to change in the future. Trump is talking about bringing "back" manufacturing jobs. Regardless of where the work is done, most manufacturing jobs have changed. Automation and robotics have replaced the bulk of the low skilled jobs.
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