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Economists are saying that the US unemployment rate jumped from 6.1% to 6.4%, because umemployed persons have renewed confidence in the job market? This seems far fetched to me. What do you guys think?
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15Yes40.00%6No46.67%7People want to work for bananas instead of money13.33%2I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett Kavanaugh -
there's confidence that CEO's are still making obscene amounts of money while laying off workers...To us, it is the BEAST. -
I know people who are doing both - taking any job they can get, even with a paycut, and evaluating the market and holding out for jobs in the pay range they're looking for.
Maybe they're realizing that there's only 18 months and 17 days to go?
When all else fails, blame brown people. | Hire a teen, while they still know it all. | Trump-Palin 2016. "You're fired." "I quit."Comment
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Originally posted by Sava
there's confidence that CEO's are still making obscene amounts of money while laying off workers...
and if more people could do CEO jobs, the market for them would flood and they wouldn't make as much money. May as well ***** about what NBA players make.
When all else fails, blame brown people. | Hire a teen, while they still know it all. | Trump-Palin 2016. "You're fired." "I quit."Comment
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Maybe peoples savings are running out. That could be very bad.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Or maybe eople who thought: "hey, i can ride this out until things come back up again, so i will take a few months of looking" now see that they have no more money, and that without a job again, the are screwed. So desperation could be just as powerfull as hope.If you don't like reality, change it! me
"Oh no! I am bested!" Drake
"it is dangerous to be right when the government is wrong" Voltaire
"Patriotism is a pernecious, psychopathic form of idiocy" George Bernard ShawComment
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a chimp could do most of the CEO jobs... it's not a question of qualification, but rather, who do you know, and who is your daddy!
there are obviously exceptions to the rule, however...To us, it is the BEAST.Comment
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It's a plausible explanation. The reason why the unemployment rate didn't skyrocket in the recession was that people stopped looking for work and fell out of the job market. Now people are back in the job market, but out of work. Whether or not they will find work this time is another matter entirely, of course.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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EE EE. Bonzo's company lose money. Bonzo cut jobs. EE EE.Originally posted by Sava
a chimp could do most of the CEO jobs... it's not a question of qualification, but rather, who do you know, and who is your daddy!
I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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This is for you, Sava:
When all else fails, blame brown people. | Hire a teen, while they still know it all. | Trump-Palin 2016. "You're fired." "I quit."Comment
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Very few CEO's are CEO's due to their daddies. And actually, the peasants are a lot more replaceable.Originally posted by Sava
a chimp could do most of the CEO jobs... it's not a question of qualification, but rather, who do you know, and who is your daddy!
Like virtually every successful company?there are obviously exceptions to the rule, however...
When all else fails, blame brown people. | Hire a teen, while they still know it all. | Trump-Palin 2016. "You're fired." "I quit."Comment
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MtG: My opinions are really too long and complicated and I'm too damn lazy to explain... you're not on the righ track... and that's my fault for not being able to explain myself.To us, it is the BEAST.Comment
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Elaine Chao and Linda Chavez were both making that point on NPR yesterday.Economists are saying that the US unemployment rate jumped from 6.1% to 6.4%, because umemployed persons have renewed confidence in the job market? This seems far fetched to me. What do you guys think?
But what would you expect them to say? "We don't have a clue when things will pick up..."?????
"When all else fails, a pigheaded refusal to look facts in the face will see us through." -- General Sir Anthony Cecil Hogmanay MelchettComment
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DanS is correct. It means more people are looking for work now and have re-entered the job market.“I give you a new commandment, that you love one another. Just as I have loved you, you also should love one another. By this everyone will know that you are my disciples, if you have love for one another.”
- John 13:34-35 (NRSV)Comment
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Part, not all of the jump, is due to more people looking for work. Jobs were still lost as well, so at best the rate would have remained relatively flat, ad not more people come looking in.
As for why people have re-entered the marketlace for jobs: it can be either hope or desperation. Wen does the extension of unemployment benefits run out?If you don't like reality, change it! me
"Oh no! I am bested!" Drake
"it is dangerous to be right when the government is wrong" Voltaire
"Patriotism is a pernecious, psychopathic form of idiocy" George Bernard ShawComment
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