Orlando jobless rate falls to 8.6% (Davie: appliances, unemployment rate, buying)

[knowledgeiskey]

Is this as good as it sounds?

Orlando jobless rate falls to 8.6% - Orlando Business Journal

[NeverBeingBoring]

Good stuff!

[DavieJ89]

Originally Posted by knowledgeiskey

Is this as good as it sounds?

Orlando jobless rate falls to 8.6% - Orlando Business Journal

No it's not as good as it sounds. They don't take into account those who have given up looking for work, those whose benefits have run out, and underemployed people like me who have jobs but are not full time and don't make real money

If you factor in all of those people, Orlando's true unemployment rate is probably 20-30% and its only going to get worse

[Crane's Rooster]

I honestly don't know what will bring back the economy(locally and nationally) until we start manufacturing again.

[DavieJ89]

Originally Posted by Crane's Rooster

I honestly don't know what will bring back the economy(locally and nationally) until we start manufacturing again.

This is actually where fuel prices could be a good thing. If prices stay where they are, companies are going to bring back factories from China because the cost of shipping has gone so far up simply because of high fuel prices

[cittic10]

Originally Posted by DavieJ89

This is actually where fuel prices could be a good thing. If prices stay where they are, companies are going to bring back factories from China because the cost of shipping has gone so far up simply because of high fuel prices

While labor costs are rising in China and many analysts expect that eventually it will be too high to be the world's maker of crap- I mean things, in all likelihood, corporations will find some other lesser developed country with extremely low costs of labor. That isn't going to be the united states.

I don't think the cost of shipping goods from overseas due to increased fuel prices makes much of a difference because they can cram quite a bit of product into a shipping container but it IS making an impact in China as rising fuel prices and transport prices have workers requiring higher wages. Also lets not forget it's not just manufacturing jobs but also service jobs that are being sent overseas.

I don't mean to further your discouragement by this reply and hope that I didn't. There are other things that can be done to discourage shipping jobs overseas. Not to mention we can start producing one thing that we all desperately need over here that can't be produced anywhere else and that's clean renewable energy.

[kyle19125]

Manufacturing will return to the US when Americans make an effort to start start buying American. If people thought about that when buying a new car, appliances or whatever versus what's cheapest it would certainly help. A tariff on imported products along with increasing transportation costs would help level the playing field also and help negate the cheap labor benefit. Of course since the government stopped working for the people and instead for corporations (decades ago), we're very unlikely to see anything like that happen soon.

[ja1myn]

You know it's sad that we're happy for a 8.6% unemployment rate lol.

[ja1myn]

Originally Posted by kyle19125

Manufacturing will return to the US when Americans make an effort to start start buying American. If people thought about that when buying a new car, appliances or whatever versus what's cheapest it would certainly help. A tariff on imported products along with increasing transportation costs would help level the playing field also and help negate the cheap labor benefit. Of course since the government stopped working for the people and instead for corporations (decades ago), we're very unlikely to see anything like that happen soon.

Why do people want to try and bring back what's already left? Why not be innovative and go where the new is?

[chopchop0]

Originally Posted by kyle19125

Manufacturing will return to the US when Americans make an effort to start start buying American. If people thought about that when buying a new car, appliances or whatever versus what's cheapest it would certainly help. A tariff on imported products along with increasing transportation costs would help level the playing field also and help negate the cheap labor benefit. Of course since the government stopped working for the people and instead for corporations (decades ago), we're very unlikely to see anything like that happen soon.

might help for some things, but most labor experts believe a good chunk of those jobs aren't coming regardless of what happens