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Thread: US economy adds 288,000 jobs in June

  1. #101
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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by imagep View Post
    The poll is based upon what the people being polled tell them. Nothing more, nothing less. If they tell the pollster that they aren't looking, then they aren't unemployed by the standard definition of unemployed.
    Unless it's a temporary layoff and they expect to be recalled. Then a job search is not required. It used to be (until 1994) that if you had been hired and were just waiting to start a new job then you didn't have to be looking. Many other countries still use that rule.


    If they tell the poster that they would like to have a job, but aren't looking, then they are counted as a discouraged worker.
    Nope. They'd be "Not in the Labor Force, Wants a Job Now." If they had searched in the last year (but not last for weeks) and could have started work if offered on the previous week, then they'd be "Marginally Attached to the Labor Force." If their specific reason for stopping their search was the belief that they wouldn't find work, then they'd be Discouraged.

    Personally, I could care less about discouraged workers. maybe that's the hard conservative side of me, but if someone doesn't even bother to look for work, or to gain job skills to become employable, well, screw them, that's their problem, why should I care?
    Because they tell us some about who might be likely to start looking for work and let's us know perception of the labor market.

    I'm much more concerned that people who want to work and are actively searching for work have jobs, than people who would like to work, but not like to work enough to keep looking for a job. That's just a lazy sorry arse worthless piece of shiet to me.
    Most of the marginally attached other than the discouraged stopped looking due to family obligations, illness, injury, lack of child care, lack of transportation, school or other training. to be Marginally attached they must now be available, but just haven't started looking yet. Not lazy or worthless, necessarily.
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

  2. #102
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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by Conservative View Post
    Employers aren't going to hire MORE employees because of the uncertainty as to future costs.
    Employers respond to the need for employees, not to costs. No employer is going to hire more employees than they need to fill demand just because wages drop.

    What is happening now those employers that are hiring are getting more applicants because unemployment benefits have run out.
    So what does that have to do with employers hiring more people? As an employer, I don't hire more people just because I have more applicants.
    This really has to be an act on your part because no one in business for themselves could be so poorly informed and lacking basic logic, common sense, as well understanding of personal behavior.
    No, this really has to be an act on your party. Surely you are not so stupid as to think that any employer is going to hire more people just because they have more applicants. And if I am an employer who doesn't need any more workers, I could care less whether I had one applicant or a million applicants, I don't need any more workers.
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    I see a big problem with the idea that whatever the majority wants is OK.

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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by HogWash View Post
    Yep...swimming pools opened for the summer and all the life guards went back to work. Plus, several hundred new fast food joints opened up and lots of counter, drive-thru people and microwave warmers were added to the ranks of the employed. Took care of that 0.6% drop from May.

    Congrats to you, Obama.

    OH YEAH...I forgot all those crack employees of SERCO processing all those obamacare apps.
    Well......total nonfarm payroll employment actually went up 582,000. But accounting for the usual increase in employment in June, that was seasonally adjusted down to 288,000.
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

  4. #104
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    Re: US economy adds 288,000 jobs in June

    imagep;1063485661]Employers respond to the need for employees, not to costs. No employer is going to hire more employees than they need to fill demand just because wages drop.
    .

    Costs have to be covered or an employee will never be hired and if you truly own your own business you would understand the cost of hiring, training, and yes firing employees. It isn't wages that matter as much as regulations, benefit costs, and the ability to cover both.


    So what does that have to do with employers hiring more people? As an employer, I don't hire more people just because I have more applicants.
    Jobs have always been available there just hasn't been any incentive for some people to even apply for those jobs. You trying to bait me?

    No, this really has to be an act on your party. Surely you are not so stupid as to think that any employer is going to hire more people just because they have more applicants. And if I am an employer who doesn't need any more workers, I could care less whether I had one applicant or a million applicants, I don't need any more workers.
    It doesn't appear that you have the ability to understand what this discussion is all about. You are totally out of touch with reality and apparently don't read the daily paper especially to see who is hiring and what jobs are available. Jobs have existed for a long long time, people however haven't been willing to apply for those jobs, some because they don't qualify and others because they preferred not working and getting paid for not working

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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by Conservative View Post
    It doesn't increase the labor pool it forces people to actually look for jobs and become employed. There is no labor shortage only an incentive to get a job shortage and that is eliminated when unemployment benefits run out.
    So under Obama there are plenty of available jobs for anyone that wants one huh?

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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by pinqy View Post
    Well......total nonfarm payroll employment actually went up 582,000. But accounting for the usual increase in employment in June, that was seasonally adjusted down to 288,000.
    Apparently that is why we still have fewer people officially employed today than when the recession began. The booming Obama economy have generated a strong JAR leading to his classification as the worst President since WWII which is making Jimmy Carter happy. Obama supporters have such low expectations.

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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by Verax View Post
    So under Obama there are plenty of available jobs for anyone that wants one huh?
    There are plenty of jobs being advertised, you tell me why they aren't being filled?

  8. #108
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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by Conservative View Post
    That was true until Clinton in 1993 changed the formula for calculating the OFFICIAL unemployment rate by removing Discouraged workers from the number. They are now still counted but not in the official reported rate. Prior to 1993 discouraged workers were included in the official reported rate.
    That's untrue. It's a lie John Williams of Shadowstats likes to tell. Let's look at the past definitions of Unemployment:
    Before 1967, it was
    Unemployed Persons comprise all persons who did not work at all during the survey week and were looking for work, regardless of whether or not they were eligible for unemployment insurance. Also included as unemployed are those who did not work at all and (a) were waiting to be called back to a job from which they had been laid off; or (b) were waiting to report to a new wage or salary job within 30 days (and were not in school during the survey week); or (c) would have been looking for work except that they were temporarily ill or believed no work was available in their line of work or in the community. Persons in this latter category will usually be residents of a community in which there are only a few dominant industries which were shut down during the survey week. Not included in this category are persons who say they were not looking for work because they were too old, too young, or handicapped in any way
    Source: Employment and Earnings, January 1966 (page 92)
    Note that this definition does include some of what we would now call Discouraged, but it was limited to depressed regions and specifically excludes those who say they gave up due to perception of discrimination which is now part of the defintion of Discouraged.

    From 1967 to 1993 the definition was
    Unemployed persons comprise all persons who did not work during the survey week, who made specific efforts to find a job within the past 4 weeks, and who were available for work during the survey week (except for temporary illness). Also included as unemployed are those who did not work at all, were available for work, and (a) were waiting to be called back to a job from which they had been laid off; or (b) were waiting to report to a new wage or salary job within 30 days
    Source: Employment and Earnings February 1967 (page 141, with details on the changes of page 3)
    Note that nothing remotely resembling Discouraged is in the definition.

    And finally, the current definition since 1994 is
    Unemployed persons. All persons who had no employment during the reference week, were available for work, except for temporary illness, and had made specific efforts to find employment some time during the 4-week period ending with the reference week. Persons who were waiting to be recalled to a job from which they had been laid off need not have been looking for work to be classified as unemployed.
    Source: http://www.bls.gov/cps/eetech_methods.pdf
    Notice the only change between 1967 and current?

    What Williams is actually talking about, is that a definition of discouraged was developed in the 1970's and used in an alternate measure of underutilization. It had no time limit. In 1994 that changed so that to be marginally attached (including discouraged) you had to have looked for a job in the last 12 months. The reason that changed was that studies apparently showed that those who had stopped looking for work more than 6 months ago were no more likely to start again than those who said they didn't want a job.
    Therefore, since the world has still/Much good, but much less good than ill,
    And while the sun and moon endure/Luck's a chance, but trouble's sure,
    I'd face it as a wise man would,/And train for ill and not for good.

  9. #109
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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by Conservative View Post
    There are plenty of jobs being advertised, you tell me why they aren't being filled?
    Yep, under Obama there are too many jobs.

    Depends on the job and the location. If its a skilled job in which there are a shortage of qualified applicants then there's your answer. If its a low wage service job its probably a place that goes through people like water so they are always hiring a stream of soon to be quitting 2 weekers.

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    Re: US economy adds 288,000 jobs in June

    Quote Originally Posted by Conservative View Post
    There are plenty of jobs being advertised, you tell me why they aren't being filled?
    because the applicants with the skill set to do them at the wages offered are not available to the work force
    or do you have another, less obvious, explanation
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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