You might say that "zero jobs happen when it's automated but even a 50% reduction in the work force, due to offshoring, means there is still 50% remaining." So I don't see any value to yer analysis.
>>China's GDP growth is 7%, and that's based off of manufacturing so this talk of manufacturing not being a valid driver for the economy anymore falls flat.
That might be true if the Chinese and US economies were more or less identical, but that's not the case.
As pinqy noted, that study is nearly four years old. If the data indicates that low-wage job expansion was dominant in the early years of the recovery, and if the trend over the past seven years is represented by the data I posted in #88, then what does that say about the performance of the labor market in regard to wages over the period 2014-16?
We've seen relatively strong wage growth for production and nonsupervisory employees in three of the past four years.
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That's likely what a lot of Frumpy voters
think, but they're wrong, as they are about a great many things.
>>They aren't impressed with the government numbers.
That's unfortunate for all of us, in that it makes them more open to the bizarre lies coming from the Frump camp.
"A privately made statement"? That's pretty funny. So this DOL "official" is aware that the department is lying big-time about its data collection results, and comes to DP to tell us the much-different truth.
I've been collecting data for DOL since 2004. I suppose I'm not in the position this person is to know how the published material differs so radically from reality. Did the lying start in Jan 2009 when we got a Negro commie homo witch doctor in the WH?
Average wages of workers with a college degree ($31.87) are nearly twice that of those with a high school degree only ($17.14). And that gap has increased somewhat over the last year, particularly for men. (
source)
suggests that "making Connecticut's cities more walkable and adding more amenities [and] investing more in cities and offering specific degrees that feed into Connecticut's existing economy" may offer a solution.
Having a social life is important to college graduates, and the state is never going to make social opportunities in Hartford equal to those of Boston, he said.
"We are so close to these big cities, there is just no way to compete with them," Sabol said. "So if the kids want to go, they go."
Frumpy's mouth may end up costing us a great deal.
Why not?
What evidence do you have that immigration lowers wages?
>>It could actually improve GDP per capita
Or that it diminishes per capita GDP?
For some reason, I don't find yer argument convincing.
As pinqy demonstrated, the private analyses show the same results.
So if the statistics are valid, …
