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Old 01-05-2018, 07:44 AM
 
13,694 posts, read 9,018,075 times
Reputation: 10417

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Quote:
Originally Posted by Wapasha View Post
You do see the common sense aspect of how this all works, right?

The current unemployment rate is at 4.1%, a 17-year low. With such a low unemployment rate, they are not that many jobs to be created as there are when it's at 8 or 9 percent..

When the unemployment rate in 2011-2012 was 8% - 9%, there are more people out of work, hence, more jobs that can be created.
I am not schooled in economics, but such is what I think. When you have 'full employment', or 4.1 percent unemployed, I am not surprised that the monthly hiring rate has fallen. More Baby Boomers are leaving the employment pool (of which I shall be one in June), than there are new people entering it.

More curious to me is the report that wages went up by 9 cents. I do hope and expect for wages to increase, since the job pool is so low, and employers are now finding it difficult to retain qualified people.

I did read that some employers have jettisoned their drug screening for applicants. When you had 20 people vying for a job, you could do such screening; if you are lucky to have one qualified person apply, you must make difficult decisions. It is a shame that Americans are so devoted to taking drugs.
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Old 01-05-2018, 07:45 AM
 
Location: Wisconsin
37,981 posts, read 22,172,656 times
Reputation: 13811
Quote:
Originally Posted by nononsenseguy View Post
Oh, sure, I just love socialism, and the eight Obama years were such a panacea.
The eight years of 0bama were the most agonizingly slowest years for economic growth, in modern US history.

0bama goes down as the first president to serve a term of office, and never see one single year, with a 3 percent GDP growth.

The kicker, is that 0bama served two terms, which is even worse. So 0bama gets to hold two records. He's the first one term president who never achieved a single year with a 3 percent GDP growth. The second record... he is the first two term president who never achieved a single year with a 3 percent GDP growth.

All hail the grand and glorious 0bama.
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Old 01-05-2018, 07:50 AM
 
Location: Wisconsin
37,981 posts, read 22,172,656 times
Reputation: 13811
Quote:
Originally Posted by legalsea View Post
I am not schooled in economics, but such is what I think. When you have 'full employment', or 4.1 percent unemployed, I am not surprised that the monthly hiring rate has fallen. More Baby Boomers are leaving the employment pool (of which I shall be one in June), than there are new people entering it.

More curious to me is the report that wages went up by 9 cents. I do hope and expect for wages to increase, since the job pool is so low, and employers are now finding it difficult to retain qualified people.

I did read that some employers have jettisoned their drug screening for applicants. When you had 20 people vying for a job, you could do such screening; if you are lucky to have one qualified person apply, you must make difficult decisions. It is a shame that Americans are so devoted to taking drugs.
Well, when the president of the United States, Obama, works with terrorists to allow them to import drugs into the USA, is it any surprise we might see an uptick in illegal drug use in the USA?

The secret backstory of how Obama let Hezbollah off the hook

In its determination to secure a nuclear deal with Iran, the Obama administration derailed an ambitious law enforcement campaign targeting drug trafficking by the Iranian-backed terrorist group Hezbollah, even as it was funneling cocaine into the United States, according to a POLITICO investigation.
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Old 01-05-2018, 07:53 AM
 
13,694 posts, read 9,018,075 times
Reputation: 10417
Quote:
Originally Posted by Wapasha View Post
Well, when the president of the United States, Obama, works with terrorists to allow them to import drugs into the USA, is it any surprise we might see an uptick in illegal drug use in the USA?

The secret backstory of how Obama let Hezbollah off the hook

In its determination to secure a nuclear deal with Iran, the Obama administration derailed an ambitious law enforcement campaign targeting drug trafficking by the Iranian-backed terrorist group Hezbollah, even as it was funneling cocaine into the United States, according to a POLITICO investigation.
So, because drugs are available people take drugs? I don't, and I suspect (and hope) you don't. If there were no demand, then such groups would not take the bother to supply.
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Old 01-05-2018, 07:55 AM
 
693 posts, read 357,636 times
Reputation: 395
Quote:
Originally Posted by skycaller23 View Post
We have what officials call "full employment" now. How much better do you want it to get ?
Ummmm....just in 2016, conservatives were crying that the market was horrible. Now we're at full employment?



jesus christ, this is funny.
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Old 01-05-2018, 07:55 AM
 
Location: Wisconsin
37,981 posts, read 22,172,656 times
Reputation: 13811
Quote:
Originally Posted by BajanYankee View Post
That would make sense were it not for the fact that the American population continues to grow year after year.
Except that 4.1% unemployment, is really 4.1%.
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Old 01-05-2018, 07:57 AM
 
Location: Alameda, CA
7,605 posts, read 4,849,003 times
Reputation: 1438
Quote:
Originally Posted by Wapasha View Post
You do see the common sense aspect of how this all works, right?

The current unemployment rate is at 4.1%, a 17-year low. With such a low unemployment rate, they are not that many jobs to be created as there are when it's at 8 or 9 percent..

When the unemployment rate in 2011-2012 was 8% - 9%, there are more people out of work, hence, more jobs that can be created.
First off the job creation rate in 2017 is slower then in 2016 when the the UE was 5% or lower. So we don't need to look back at the earlier years.

I would agree its likely that job creation is going to slow down at the current levels of employment. Even this latest number is not a bad number. However, Our Dear Leader's position is that he is a great job creator and following his initiatives the US will create jobs at a faster pace then during the Obama administration. I suppose if you desired you could just blow off his comments as just more meaningless bluster by Our Dear Leader, however we are now on a course because of the tax cut where the US is going to need that higher level of job creation.
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Old 01-05-2018, 07:59 AM
 
Location: Wisconsin
37,981 posts, read 22,172,656 times
Reputation: 13811
Quote:
Originally Posted by fbernard View Post
Ummmm....just in 2016, conservatives were crying that the market was horrible. Now we're at full employment?



jesus christ, this is funny.
Don't play stupid, you comments are not posted in a bubble, we all see them.

The measure of US economic growth is the GDP. We never saw even one year, under 0bama's eight years in office, where we had an annual GDP growth of 3 percent, that is a sluggish economy.
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Old 01-05-2018, 08:01 AM
 
51,655 posts, read 25,850,631 times
Reputation: 37895
Retail is shedding jobs like an old dog.

WH claims of thousands of new jobs in the coal industry are simply false.

Like Carrier, manufacturing companies are automating as fast as they can, increasing productivity while reducing the number of employees.

...

We are on the tail end of the longest period of job and economic growth in recent history.
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Old 01-05-2018, 08:03 AM
 
693 posts, read 357,636 times
Reputation: 395
Quote:
Originally Posted by Wapasha View Post
Don't play stupid, you comments are not posted in a bubble, we all see them.

The measure of US economic growth is the GDP. We never saw even one year, under 0bama's eight years in office, where we had an annual GDP growth of 3 percent, that is a sluggish economy.
Oh stop it, most americans couldn't give a rat's arse about "gdp". The complaints coming from trump supporters was that there were no jobs for them. They lied complaining that no jobs were being created. They lied saying the numbers for Obama was "fake news".

Now, using the SAME metrics for Obama, Trump has had even LESS jobs growth, and trump supporters are trying to push this news as being awesome.

The labor participation rate has barely budged in a few years. Trump has done nothing, and his supporters are creaming their shorts.


Trump supporters are so delusional, it's sad and funny at the same time.
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