Tweet
It's from the SEPH, which is a survey of employers.
-
12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum -
We are already well into expansion.But the US recovery has been slow in coming
Is 97,000 new jobs in one month actually normal for Canada? I'm guessing not.and hasn't even managed to compare to what is simply normal growth in Canada
Considering that we have a tight labor market, I think it's just fine crowing about payroll growth of 200,000 and I will continue to do so. These threads aren't directed at you. Rather, they are directed at the American nattering nabobs of negativity on Poly.So your triumphalist threads have always struck me as more than a bit off. Crowing about a creation of 200 000 jobs in a market the size of the US is ridiculous.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
-
Nope, but 30 000 or so has been pretty standard for the last yearOriginally posted by DanS
We are already well into expansion.
Is 97,000 new jobs in one month actually normal for Canada? I'm guessing not
EDIT: checked the numbers and editted down slightly12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio RegumComment
-
How long do you think that can last, as a practical matter?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
-
Can't stop. Won't stop.
We keep it real like that.12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio RegumComment
-
The fact is that if even 30k keeps up, interest rates will go through the roof in order to squelch the resulting inflation.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
-
As a native of Maryland, I would like to request that you not remind people of him.Originally posted by DanS
Rather, they are directed at the American nattering nabobs of negativity on Poly.Click here if you're having trouble sleeping.
"We confess our little faults to persuade people that we have no large ones." - François de La RochefoucauldComment
-
Last time we had something of an argument about the tightness of the US labour market you dismissed both the participation rate and the employment rate. Recently I also noted that wages were flat in April, which indicates nothing like a thight labour market. Essentially, all you based your argument on was the absolute magnitude of US jobs growth. To you a tight labour market seems to be a given, automatically rendering any jobs growth as decent.Originally posted by DanS
Considering that we have a tight labor market...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
-
thats flat out wrong - productivity can continue climbing too, keeping inflation down."Everything for the State, nothing against the State, nothing outside the State" - Benito MussoliniComment
-
Productivity growth isn't high enough to keep up with a monthly job growth of 30k without significant inflationary pressure.
I'm just pointing out that the US is hardly at a ceiling, so numbers barely above (and sometimes below) replacement rates for job growth are not particularly exciting.12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio RegumComment
-
My thinking on the subject is that during the late 90s, the labor market was very tight. We had a mild recession, with both modest job losses and job gains. The market has tightened since then on the back of modest job gains, and wage gains should eventually adjust upward to reflect that fact. I'll be the first to admit that the majority of these gains haven't happened yet, at least for the 80% in non-supervisory positions, and I'm surprised. I don't have an explanation.Originally posted by Colonâ„¢
Last time we had something of an argument about the tightness of the US labour market you dismissed both the participation rate and the employment rate. Last time I also noted that wages were flat in April, which indicates nothing like a thight labour market. Essentially, all you based your argument on was the absolute magnitude of US jobs growth. To you a tight labour market seems to be a given, automatically rendering any jobs growth as decent.
It seems that you want me to look at the late 90s as the new normal. But it wasn't normal. It was more than the good times rolling.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
-
There's good reason not to consider employment rates prior to the 90's: until then the participation rate was strongly trending upwards due to the entrance of women into the labour market. Afterwards it more or less remained on a plateau.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
-
LTGTR! LTGTROFL!"You're the biggest user of hindsight that I've ever known. Your favorite team, in any sport, is the one that just won. If you were a woman, you'd likely be a slut." - Slowwhand, to Imran
Eschewing silly games since December 4, 2005Comment
-
Originally posted by Jaguar
LTGTR! LTGTROFL!
HELLZ YEAH!!!
To us, it is the BEAST.Comment
-
QFLTGTDY-NO-MITE!!!~ If Tehben spits eggs at you, jump on them and throw them back. ~ Eventis ~ Eventis Dungeons & Dragons 6th Age Campaign: Chapter 1, Chapter 2, Chapter 3, Chapter 4: (Unspeakable) Horror on the Hill ~Comment
Comment