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Thread: Employment Situation Report for October

  1. #11
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    Re: Employment Situation Report for October

    Quote Originally Posted by WallStreetVixen View Post
    Whoever is currently in charge of getting the nation back on economic track.
    Ok, specifically who....and what should be done?
    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: Employment Situation Report for October

    Quote Originally Posted by pinqy View Post
    Employment Situation Summary

    Non-Farm Payroll employment: UP 214,000 and August and September were revised UP by 31,000

    Unemployment Rate: DOWN from 5.9% to 5.8% (U2, U4, U5, and U6 measures of underutilization also dropped. No change in the U1.)
    Labor Force Level: UP 416,000
    Labor Force Participation Rate: UP from 62.7% to 62.8%
    Employment to Population ratio: UP from 59% to 59.2%
    Not in the Labor Force: DOWN 206,000
    Discouraged workers: UP 72,000

    Those who usually work Full Time: UP 345,000
    Part time: UP 334,000
    Part Time for Economic Reasons: DOWN 76,000
    In the 14th year after the bubble first popped, you would hope it was better. But you are right. It is a breath of fresh air and understandable that the Fed is slowing economic support measures.

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    Re: Employment Situation Report for October

    Quote Originally Posted by justabubba View Post
    what types of jobs are instead needed to provide a long-term sustainable economic growth?
    Generally highly productive and highly skilled jobs, and ones that pay well. More construction, good producing, education, financial and information, and less temporary, retail and hospitality jobs.

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    Re: Employment Situation Report for October

    Quote Originally Posted by Gimmesometruth View Post
    Ok, specifically who....and what should be done?
    'Who' specifically is not relevant. That is relevant is what exactly is occurring in the labour market. An economic climate needs to be created to mitigate market uncertainty so firms can create the jobs that matters the most to long-term economic growth, instead of taking less risk by creating jobs that are essentially a dime in a dozen.

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    Re: Employment Situation Report for October

    Quote Originally Posted by WallStreetVixen View Post
    'Who' specifically is not relevant. That is relevant is what exactly is occurring in the labour market. An economic climate needs to be created to mitigate market uncertainty so firms can create the jobs that matters the most to long-term economic growth, instead of taking less risk by creating jobs that are essentially a dime in a dozen.
    The only "market uncertainty" that is relevant is DEMAND. With wage growth so low there is little hope that demand will pick up. I think it is time for a Federal minimum wage hike and so do voters.

    If there was upsets and contention in much of midterm voting, there was one topic on which the electorate was largely united: raising the minimum wage. Alaska, Arkansas, Nebraska, and South Dakota all had ballot measures on raising state minimum wages above both their current levels and the federal $7.25 an hour figure.

    All four states passed the measures, most by significant margins. More than two-thirds of voters in Alaska agreed to raise minimum wage to $9.75 by 2016. Sixty-five percent of Arkansas voters set the state on course to adopt an $8.50 figure by 2017. In Nebraska, 59 percent said the number should be $9 an hour by 2016. Only South Dakota stood out with a slimmer margin; 53 percent voted to raise minimum wage to $8.50 an hour next year. In Alaska and South Dakota, minimum wage is now pegged to inflation, meaning that it will rise as the cost of living does.
    States Vote For Minimum Wage Hike, But Is It Enough? - Forbes

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    Re: Employment Situation Report for October

    Quote Originally Posted by WallStreetVixen View Post
    'Who' specifically is not relevant. That is relevant is what exactly is occurring in the labour market. An economic climate needs to be created to mitigate market uncertainty so firms can create the jobs that matters the most to long-term economic growth, instead of taking less risk by creating jobs that are essentially a dime in a dozen.
    You are still stuck with NOT being able to say WHO should do WHAT specifically...all you have produced is pointless generalities.

    If you can't name names and spell out what should be done, you really are not saying anything at all.
    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: Employment Situation Report for October

    Quote Originally Posted by iguanaman View Post
    The only "market uncertainty" that is relevant is DEMAND. With wage growth so low there is little hope that demand will pick up. I think it is time for a Federal minimum wage hike and so do voters.

    States Vote For Minimum Wage Hike, But Is It Enough? - Forbes
    Hint: Let "her" take a position, don't establish yours, for "her" method is to attack a position, not to defend "her" own.
    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: Employment Situation Report for October

    If you really want a nice Christmas, hope for positive construction growth this month (planning and permits). It breeds big time money into the economy. Good weather can help us out a lot this month.
    We went from sticks and stones may break my bones but words will never hurt me to safe spaces.

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    Re: Employment Situation Report for October

    Quote Originally Posted by iguanaman View Post
    The only "market uncertainty" that is relevant is DEMAND.
    There isn't much of a demand problem in the economy. I've covered this dozens of times.

    With wage growth so low there is little hope that demand will pick up. I think it is time for a Federal minimum wage hike and so do voters.

    States Vote For Minimum Wage Hike, But Is It Enough? - Forbes
    How does creating more lower wage jobs boost demand, not that demand is a problem anyway.

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    Re: Employment Situation Report for October

    Quote Originally Posted by Gimmesometruth View Post
    You are still stuck with NOT being able to say WHO should do WHAT specifically...all you have produced is pointless generalities.
    There is nothing general about it. However is in charge of getting the nation back on economic track is to blame for the lack of meaningful jobs in the economy. You can decipher that anyway you'd like: Ben Bernanke, John Boehner or Barack Obama. My guess is that you were most likely hoping that I mentioned Barack Obama, so you can go into your little tirades about how it isn't his fault at all. I'm pretty sure that is what you want.

    If you can't name names and spell out what should be done, you really are not saying anything at all.
    Because it's not that simple, and anyone who attempts to make as such (similar to ignanmum minimum wage solution) really doesn't understand the gravity of the situation.

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