SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mike Johnston who wrote (72669)10/23/2006 3:20:06 PM
From: UncleBigs  Read Replies (1) of 110194
 
When the real price of labor goes down while nominal sales are strong, businesses can afford to hire.

Businesses add employees when they need more labor to produce the demanded output.

If real economic activity is declining while nominal revenue is rising, that would mean there is excess labor.

The job numbers indicate exactly the opposite. Businesses are laying off fewer workers while job openings expand.

That means real economic activity is expanding faster than productivity increases.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext