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Inserts declining participation rate commentary. Falls for troll by mentioning negative real compensation growth.
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I haven't said that at all. Instead I have simply asked if there were median income estimates for these jobs or not. It seems that would conclusively settle the debate, would it not?Originally posted by Spiffor
Insert obligatory McJobs commentary.Try http://wordforge.net/index.php for discussion and debate.Comment
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To be clear, the participation rate is near record highs.Originally posted by Colon™
Inserts declining participation rate commentary.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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I'd also like to define terms here so we're all talking about the same thing. To say the economy is doing "bad" (which I don't think anyone is doing) then unemployment must be up and income down. To say it is doing "OK" but not great then one of those two must be positive but the other in the negative direction. To say things are going well then both must be mostestly improving and to say things are going great then both must be improving at historically high rates. Agreed? I think those are fair definitions.Try http://wordforge.net/index.php for discussion and debate.Comment
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I'll just say that in the environment of increasing interest rates the creation of less that 300,000 jobs a month is something to worry about, not cheer.Originally posted by Oerdin
I'd also like to define terms here so we're all talking about the same thing. To say the economy is doing "bad" (which I don't think anyone is doing) then unemployment must be up and income down. To say it is doing "OK" but not great then one of those two must be positive but the other in the negative direction. To say things are going well then both must be mostestly improving and to say things are going great then both must be improving at historically high rates. Agreed? I think those are fair definitions.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Using those terms we know that the official unemployment figure is down and likely the total participation in the formal economy is up though I don't have figures for that. Does anyone have data not just for the official unemployment rate but for total participation by the population in the economy? I believe we'll see more people getting for jobs and people who had stopped looking for work (and thus not counted in the unemployment figure) will have gotten some form of job but I'd like to see some data to be sure.
The real question, which is often asked here though seldom anwsered, is are wages keeping up with inflation and are the new jobs equal in pay to the manufacturing jobs we are losing? My gut says there are a lot of high paying jobs being created especially in the technology, design, and science fields though I do not know what the proportion is between the high paying and the low paying jobs. If someone knows the anwser then I'd like to hear it so solve this debate once and for all.Try http://wordforge.net/index.php for discussion and debate.Comment
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Originally posted by DanS
To be clear, the participation rate is near record highs.
DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.Comment
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Earnings are only really increasing at about the same rate as inflation.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett KavanaughComment
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Originally posted by Oerdin
I haven't said that at all.
I wasn't replying to you. I wanted to be pleasant with Ogie.
"I have been reading up on the universe and have come to the conclusion that the universe is a good thing." -- Dissident
"I never had the need to have a boner." -- Dissident
"I have never cut off my penis when I was upset over a girl." -- DisComment
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productivity last quarter was -0.6%"Everything for the State, nothing against the State, nothing outside the State" - Benito MussoliniComment
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Originally posted by Colon™
Attached FilesI 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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To be revised upward.Originally posted by Lawrence of Arabia
productivity last quarter was -0.6%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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Originally posted by Spiffor
I wasn't replying to you. I wanted to be pleasant with Ogie.
Pleasantry is always nice.
"Just puttin on the foil" - Jeff Hanson
“In a democracy, I realize you don’t need to talk to the top leader to know how the country feels. When I go to a dictatorship, I only have to talk to one person and that’s the dictator, because he speaks for all the people.” - Jimmy CarterComment
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Compared to the jobless recovery we had a few years ago this is good though I keep hearing NPR saying that compared to what we should be doing this late in the cycle job growth is lagging. DanS keeps saying job growth is fantastic so I'm a little confused. It sounds like the job growth is going well but is slightly below what people expected though I don't know the hard figures.Originally posted by Kidicious
I'll just say that in the environment of increasing interest rates the creation of less that 300,000 jobs a month is something to worry about, not cheer.
I'm also at a loss to understand what's going on with wages. I see some reports that say wages are up and others that say inflation adjusted they're down. I suspect that the middle class and the upper class are seeing very good wage increases while those who have few skills or experience (meaning the lower class) are making slightly less due to foreign competition. Again, I'm not positive that is what is occuring so some data would be interesting to see.Try http://wordforge.net/index.php for discussion and debate.Comment
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I think we can agree that the women's movement and the advent of women moving into the work place accounts for virtually everything in that graph especially priot to 1980 or so. By the mid 1980's most younger women were in the work force so from about 1988 until today would be a period of time where we could compare apples to apples without mixing in to many variables to confuse things.Originally posted by DanS
(His graph showing participation is near record highs compared to the late 1940's)Try http://wordforge.net/index.php for discussion and debate.Comment
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