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Thread: Payroll employment increases by 321,000 in November; unemployment rate unchanged

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    Re: Payroll employment increases by 321,000 in November; unemployment rate unchanged

    Quote Originally Posted by Mason66 View Post
    Is it really that amazing to see jobs increase at Christmas time?
    The numbers are seasonally adjusted to account for seasonally hiring/firing. Therefore the +321,000 represents the increase in jobs AFTER seasonal variation has been filtered out. The Not Seasonally Adjusted change was +497,000.
    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.

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    Re: Payroll employment increases by 321,000 in November; unemployment rate unchanged

    Quote Originally Posted by imagep View Post
    What DA60 is saying about part time jobs may be true, but as long as the average workweek is increasing, I think that we are headed in the right track.

    From today's report:



    The average workweek has been shrinking for over a hundred years, I see no reason why anyone would expect that this trend would change now. Today's forty hour a week job would have been considered "part time" a hundred years ago, when the average workweek was 70 hours.
    Seriously ???

    So there's no discernible contributing factors that would explain why we're seeing a increase in part time positions ?

    No Regulation ? No policy ? No mandate ? No LAW ????

    It's part of trend thats beyond our control ?

    Lol......

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    Re: Payroll employment increases by 321,000 in November; unemployment rate unchanged

    Quote Originally Posted by Mason66 View Post
    Is it really that amazing to see jobs increase at Christmas time?
    No, but the figures are seasonally adjusted, so I would assume that Christmas has already been taken into account.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

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    Re: Payroll employment increases by 321,000 in November; unemployment rate unchanged

    Quote Originally Posted by Threegoofs View Post
    So why didn't you bother to mention that WEEKLY wages seem to have gone up by 2.6%, a significant increase?
    Weekly wages is derived from the amount of hours employees are working, which gives you an idea of how long employees are working (along with average hourly earnings estimates). People working longer hours is good.

    However, average hourly earnings gives you an idea of what the types of jobs the economy has been creating, which were mostly retail trade, temporary services and leisure & hospitality. This is fine I guess if people don't mind living paycheck to paycheck.

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    Re: Payroll employment increases by 321,000 in November; unemployment rate unchanged

    Quote Originally Posted by Fenton View Post
    Seriously ???

    So there's no discernible contributing factors that would explain why we're seeing a increase in part time positions ?

    No Regulation ? No policy ? No mandate ? No LAW ????

    It's part of trend thats beyond our control ?

    Lol......


    Sure there are reasons. These reasons go back a hundred years or more. A hundred years ago the average workweek was 70 hours, and the 40 hour work week would have been considered a part time job. Following that trend, by the end of this century, the 10 or 15 hour workweek will be the new full time.

    The trend towards more part time workers didn't just start with Obama, if that is what you are implying. It also existed under Bush, and almost every other president in recent history, although I will admit that it jumped to a new level due to the Great Bush Recession (prior to Obama being elected):

    It peaked around 2009, and it has stayed at this new "norm" every since.
    And if you look at the report, you would notices that the number of people who are working part time because they can't find a full time job didn't increase last month, despite the fact that more people are working part time. This means that those people who accepted part time jobs last month did so because they WANTED part time jobs. Also, the average work week actually INCREASED!!!
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

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    Re: Payroll employment increases by 321,000 in November; unemployment rate unchanged

    Quote Originally Posted by imagep View Post
    Sure there are reasons. These reasons go back a hundred years or more. A hundred years ago the average workweek was 70 hours, and the 40 hour work week would have been considered a part time job. Following that trend, by the end of this century, the 10 or 15 hour workweek will be the new full time.

    The trend towards more part time workers didn't just start with Obama, if that is what you are implying. It also existed under Bush, and almost every other president in recent history, although I will admit that it jumped to a new level due to the Great Bush Recession (prior to Obama being elected):

    It peaked around 2009, and it has stayed at this new "norm" every since.
    And if you look at the report, you would notices that the number of people who are working part time because they can't find a full time job didn't increase last month, despite the fact that more people are working part time. This means that those people who accepted part time jobs last month did so because they WANTED part time jobs. Also, the average work week actually INCREASED!!!

    Oh there's one really substantial reason you've seem to have forgotten.

    ObamaCare's new Regulations forcing Businesses who hire full time to incur substantial cost increases..

    I mean c'mon. You cant be this partisan.

    Its one of the reasons why this is the worst post WWII recovery in our Nation's history.

    Blaming it on some nebulous trend is bad enough but not admitting that the ACA hasn't substantial impact on the lack of new full time positions is just willful ignorance.

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    Re: Payroll employment increases by 321,000 in November; unemployment rate unchanged

    Quote Originally Posted by Fenton View Post
    Oh there's one really substantial reason you've seem to have forgotten.

    ObamaCare's new Regulations forcing Businesses who hire full time to incur substantial cost increases..

    I mean c'mon. You cant be this partisan.

    Its one of the reasons why this is the worst post WWII recovery in our Nation's history.

    Blaming it on some nebulous trend is bad enough but not admitting that the ACA hasn't substantial impact on the lack of new full time positions is just willful ignorance.
    I'm not partisan at all, nor did I forget about Obamacare. I'm just not seeing any evidence that connects Obamacare, to shorter working hours. We've been working shorter and shorter working hours for more than a century.

    There is no reason to believe that Obamacare is having that effect. Most large employers already paid for insurance, so I don't see how that would have effected them again. Most smaller employers, the types that tended to have part time employees, are exempt from the employer mandate.

    Do you have any evidence that indicates Obamacare is having anything to do with more part timers, other than anti-obamacare rhetoric? And can you explain why the percentage of part time employees was increasing BEFORE Obama was even elected? Or why it soared up during the time gap between the start of the Great Bush Recession but prior to Obamacare?

    Seriously, if you have any evidence that indicates causation, I'd like to see it. And rhetoric isn't evidence, it's just talk.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  8. #38
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    Re: Payroll employment increases by 321,000 in November; unemployment rate unchanged

    "A man you can bait with a tweet is not a man we can trust with nuclear weapons." --Hillary Rodham Clinton
    "Innocent until proven guilty is for criminal convictions, not elections." --Mitt Romney

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    Re: Payroll employment increases by 321,000 in November; unemployment rate unchanged

    Quote Originally Posted by imagep View Post
    I'm not partisan at all, nor did I forget about Obamacare. I'm just not seeing any evidence that connects Obamacare, to shorter working hours. We've been working shorter and shorter working hours for more than a century.

    There is no reason to believe that Obamacare is having that effect. Most large employers already paid for insurance, so I don't see how that would have effected them again. Most smaller employers, the types that tended to have part time employees, are exempt from the employer mandate.

    Do you have any evidence that indicates Obamacare is having anything to do with more part timers, other than anti-obamacare rhetoric? And can you explain why the percentage of part time employees was increasing BEFORE Obama was even elected? Or why it soared up during the time gap between the start of the Great Bush Recession but prior to Obamacare?

    Seriously, if you have any evidence that indicates causation, I'd like to see it. And rhetoric isn't evidence, it's just talk.

    There's every reason to believe ObamaCare is having that effect.

    A recent survey found that a year before the Business mandate goes into effect that nearly 1/3 of franchised Businesses have replaced full time workers with part time workers.

    With another 30 percent cutting their workers hours.

    That's not indicative of a long winded trend. That's indicative of destructive regulations that exist in the ACA.

    The CBO stated that Labor participation rates wouldn't return to pre- recession levels for another decade and they cited the subsidies contained within the ACA as the primary reason.

    When Gruber got busted calling the American voter idiots the Democrats passed it off as a one off comment by a guy no one knew. His opinion of the American voter wasn't shared by anyone.

    But thats BS..

    All Liberals believe that. At least the Elites do.

    The BS rhetoric and lies about " affordability " and "access " to quality health care when they were trying to push this abortion of a law down our throats prove it.

    This law mandating higher cost and a arbitrary minimum coverage for all Americans regardless of health was going to be economically inconsequential.

    No, it was going to be " deficit neutral ".

    Seriously ? Did anyone actually believe that ?

    It mandates higher cost on Businesses and Corporations and raises taxes as it increases premiums and deductibles for Middle class Americans.

    Bussinesses will simply pass their increased cost on to the consumer just as the tax increases contained in the ACA will be passed on to the Consumer.

    On top of that it removed the Insurance companies ability to price policies based on actuarial tables which is an additional cost increase for the average Middle class American Family.

    Hey, the Government is going to mandate a level of quality when it comes to Health Insurance no matter how healthy or unhealthy we are.

    Sounds great ! If people only knew how much thats going to cost them.

    Every aspect of that law targets the Middle-class.

    It just robs the Consumer on so many different levels and it does it under the pretense of " affordability

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    Re: Payroll employment increases by 321,000 in November; unemployment rate unchanged

    RighTEAs swarm the best jobs report number yet, as they do once a month.
    Wishing they could have the good old days six years ago when we were losing 740,000 jobs a month.
    Imagine the joy from rightists if President Romney had a job differential of + 1,061,000 jobs from Nov. 2008 .
    Physics is Phun

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