Jump to content

Unemployment at 3.9%


HSFBfan

Recommended Posts

1 minute ago, concha said:

So let's vote for the party that's lurching even farther left.

What could go wrong?

38297992_10218419386655401_8864274932247

I've said it 10x Idk how anyone can listen to anyone on the left and agree with it. My dumb local government introduced and passed 3 months of bereavement leave which would hurt small businesses. It is on its way to dumbass cuomo to possibly be signed. 

Link to comment
Share on other sites

6 minutes ago, stanscript said:

The link below is a pretty good explanation of the new jobs numbers. 

Good graphics and explanations.  Worth the time.

https://projects.fivethirtyeight.com/jobs-day/

 

Thanks for that.

Interesting stuff.

U6 unemployment is actually down nearly two percentage points under Trump. Good news.

Also, it would be interesting to hear the take regarding how much lower unemployment could possibly go.  We're now well into natural unemployment rate territory, with reports that there are actually more want ads out there than folks looking.

  • Like 1
Link to comment
Share on other sites

Unemployment is down according to how they calculate unemployment. The same calculation that under Obama, the same people said was misleading and inaccurate. 

3.9 is not real unemployment and you wing nuts know that. 

The economy is booming yes, for SOME people. Not a majority of Americans. When adjusted for inflation, Americans on average are making what they made in the 1980s! Nothing has changed......except corporations making billions more in profits! You clowns are literally rooting on big corporations while voting against your own wages. Its comical. 

But go ahead. Continue to peddle the same garbage lol 

Link to comment
Share on other sites

29 minutes ago, concha said:

Thanks for that.

Interesting stuff.

U6 unemployment is actually down nearly two percentage points under Trump. Good news.

Also, it would be interesting to hear the take regarding how much lower unemployment could possibly go.  We're now well into natural unemployment rate territory, with reports that there are actually more want ads out there than folks looking.

Not sure that unemployment going lower is necessarily a good thing.  Anything under 5% is virtually full employment.  A healthy environment of a small percentage of people actively seeking employment is a good thing for employers and job seekers.  If there is 100% employment and a new job opens up, who fills it?  Does business want to have to compete by offering more money to grab someone that is employed elsewhere?

 Apartment managers view 5% vacancy as ideal.  It allows them to charge higher rents and modernize existing units when vacant.

While in theory, 100% is ideal, sometimes in real life, it isn't.

Let's hope that real wages start to increase more, rather than unemployment decreases. 

  • Like 1
Link to comment
Share on other sites

5 minutes ago, stanscript said:

Not sure that unemployment going lower is necessarily a good thing.  Anything under 5% is virtually full employment.  A healthy environment of a small percentage of people actively seeking employment is a good thing for employers and job seekers.  If there is 100% employment and a new job opens up, who fills it?  Does business want to have to compete by offering more money to grab someone that is employed elsewhere?

 Apartment managers view 5% vacancy as ideal.  It allows them to charge higher rents and modernize existing units when vacant.

While in theory, 100% is ideal, sometimes in real life, it isn't.

Let's hope that real wages start to increase more, rather than unemployment decreases. 

Some employers are offering to pay your student loans as part of your compensation package. As the unemployment lowers companies are finding new ways to entice people to come work for them. Creates competition btw them which is good. 

Link to comment
Share on other sites

1 hour ago, stanscript said:

Not sure that unemployment going lower is necessarily a good thing.  Anything under 5% is virtually full employment.  A healthy environment of a small percentage of people actively seeking employment is a good thing for employers and job seekers.  If there is 100% employment and a new job opens up, who fills it?  Does business want to have to compete by offering more money to grab someone that is employed elsewhere?

 Apartment managers view 5% vacancy as ideal.  It allows them to charge higher rents and modernize existing units when vacant.

While in theory, 100% is ideal, sometimes in real life, it isn't.

Let's hope that real wages start to increase more, rather than unemployment decreases. 

At full unemployment, by definition we should begin to see wage increases and that is reportedly happening.

Labor force participation has been stubbornly holding onto the same levels for years now. Hopefully wage growth and jobs demand will get folks thinking about returning.

 

 

Link to comment
Share on other sites

3 minutes ago, concha said:

At full unemployment, by definition we should begin to see wage increases and that is reportedly happening.

Labor force participation has been stubbornly holding onto the same levels for years now. Hopefully wage growth and jobs demand will get folks thinking about returning.

 

 

I kinda like what employers came up with. Yea wage increase are huge but if they are willing to pay off student loans to me that's equally important 

Link to comment
Share on other sites

3 minutes ago, Hardcore Troubador said:

I’d still hit it.   Ocasio-Cortez that is, not Kennedy.

 

Kennedy would be troubling.

Her less so. As long as she keeps her pie-hole shut when it comes to politics and economics.  That kind of stupid could be whisky-dick inducing.

 

  • Haha 3
Link to comment
Share on other sites

1 hour ago, HSFBfan said:

Black approval of trump has doubled. 

This is the story.  Top-line approval numbers are near useless - sampling can alter them greatly along with assumptions on make-up of the electorate.  But if Hispanic and black approval continues at where it is now for Trump - 2020 is a foregone conclusion.

  • Like 1
Link to comment
Share on other sites

3 minutes ago, Bormio said:

This is the story.  Top-line approval numbers are near useless - sampling can alter them greatly along with assumptions on make-up of the electorate.  But if Hispanic and black approval continues at where it is now for Trump - 2020 is a foregone conclusion.

I agree. In one year black approval of trump went from 15 to 30. If it doubles again next year that's 60 percent. Hell win 2020 easily with those kind of numbers

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.


×
×
  • Create New...