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Thread: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Boo Radley View Post
    I hate to have to link everything, but:


    The incredible shrinking pay raise: Wages can't keep up with inflation

    The incredible shrinking pay raise: Wages can't keep up with inflation - CSMonitor.com
    Whether or not wages cannot keep up with inflation is irrelevant. Employment compensation has not fallen and there is no downward trend.






    Unit labor costs in nonfarm businesses fell 4.3 percent in the first quarter of 2013, the combined effect of a 3.8 percent decrease in hourly compensation and the 0.5 percent increase in productivity. The decline in hourly compensation is the largest in the series, which begins in 1947. However, over the last four quarters hourly compensation increased 2.0 percent and unit labor costs rose 1.1 percent. (See chart 2 and table A.)

    http://www.bls.gov/news.release/pdf/prod2.pdf
    Unit Labour Cost is higher than Pre-Recession Trends:


    Do you really need the numbers concerning part time employment?
    I already have those:



    Last edited by AmazonTania; 07-29-13 at 03:10 AM.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Boo Radley View Post
    Duh! Of course they'd improve a little bit. Not the point.
    It is the point. It's really not surprising you both have missed it, which is why I took the liberty of showing a graph. The percentage changes regarding has dropped and risen all within the past 5 years. There is no decrease, it's stagnant. Labour cost has not decreased from it's trend, at all. Labour Cost are higher than they've ever been along with Corporate Profits. The notion that one recent quarter changes anything is pretty nonseasonal.

    You're very wrong.
    Last edited by AmazonTania; 07-29-13 at 03:14 AM.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Helix View Post
    not a horrible month. i agree that the money printing should stop.
    True... it's been a horrible 4.5 years.

    Nice to see Obama, The Economic Illiterate pivot for about the 10th or 20th time on his laser-like focus on the economy.
    The Clintons are what happens...
    when you have NO MORAL COMPASS.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Boo Radley View Post
    Just as bad. Less order. Less constraints where we need constraints. Less attention to the hard decisions. All of which leads to abuse of someone as well.
    Ok, So then explain what the "transformation" that today's progressive liberals are searching for then.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

    Alexis de Tocqueville

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by AmazonTania View Post
    That's the precentage change. Unit Labor cost are higher than pre-recession levels.

    Oh, you mean they have (barely) recovered to 2008 levels. Close to 5 years of no growth.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by AmazonTania View Post
    Whether or not wages cannot keep up with inflation is irrelevant. Employment compensation has not fallen and there is no downward trend.

    [CENTER]

    Trend? Hon, the trend has not regained to previous levels, the recession caused a major shift to left, that 3 year gap remains in an average of ALL salary.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Gimmesometruth View Post
    Trend? Hon, the trend has not regained to previous levels, the recession caused a major shift to left, that 3 year gap remains in an average of ALL salary.
    Irrelevant. The trajectory is still upward. The current trend is a anemic recovery growth. The previous trend is an inflated bubble trend. There really is no way the gap is going to be bridged together. Not in this life time.

    Comparing the two is really beyond dumb.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by Gimmesometruth View Post
    Oh, you mean they have (barely) recovered to 2008 levels. Close to 5 years of no growth.
    And yet, still has not fallen, as well as the highest point it's ever been.

    My point still stands.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by AmazonTania View Post
    Irrelevant. The trajectory is still upward. The current trend is a anemic recovery growth. The previous trend is an inflated bubble trend. There really is no way the gap is going to be bridged together. Not in this life time.

    Comparing the two is really beyond dumb.
    Um, the two trajectories of wage increases are nearly identical, the growth is slightly less inclined... and the gap (caused by the recession) is anything but irrelevant, it represents a real setback in wage gains. The real issue is that you are focusing on average, whereas the gains for lower incomes is nearly flat, that gains are being realized more by top earners. I know that the gap won't be "bridged", I never made that claim, it is straw argument. The fact that you admit the gap will not be realized is not a point for you or your argument.
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

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    Re: U.S. Adds 195,000 Jobs; Unemployment Remains 7.6%

    Quote Originally Posted by AmazonTania View Post
    And yet, still has not fallen, as well as the highest point it's ever been.

    My point still stands.
    Um, they DID fall, they have barely recovered to 2008 levels, you already acknowledged a gap of years of gains.....or is your argument that time stood still?
    Quote Originally Posted by trouble13 View Post
    If you wanna know why Trumpsters are ignoring you its for the same reason you ignored the KKKs complaints about Obama.
    Quote Originally Posted by Moderate Right View Post
    When it comes down to it, all facts are cherry picked.
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

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