Tweet
Originally posted by Lawrence of Arabia
productivity must be flat then in the last year since wages have stagnated.
productivity must be flat then in the last year since wages have stagnated.
-
Fortunately, that's no longer the case. Productivity increases trailed off but are coming back robustly. Productivity was 4.7% annualized in Q3, a very high number for this part of the business cycle.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, 1891 -
Not necessarily. If half of the new jobs were in the food industry then a large number of those jobs could be part-time work.Originally posted by notyoueither
That would be possible by Canadian payroll reporting standards, but it would be a very depressed view.Golfing since 67Comment
-
The US government should be able to figure out how many jobs people have through their sample (perhaps they have already done so). Multiple payroll jobs can be tied to a single person through the Social Security number.
Even illegal aliens are counted through the employer payrolls, since many buy social security numbers that do not scream "illegal alien."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
-
Or when they're doing the household surveys they could ask how many jobs does the person have. But don't know if they would be able to get a statistically accurate survey result.Golfing since 67Comment
-
Another thing to note: total number of workers in part time jobs who wanted to work fulltime were at 4 million in Nov 2004 and at 3.8 million today.Fortunately, that's no longer the case. Productivity increases trailed off but are coming back robustly. Productivity was 4.7% annualized in Q3, a very high number for this part of the business cycle."Everything for the State, nothing against the State, nothing outside the State" - Benito MussoliniComment
Comment