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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (319036)1/6/2007 2:33:30 PM
From: Elroy  Read Replies (1) | Respond to of 1577178
 
its been months since we've seen an increase over 100K jobs and we need 150K per month just to keep up with the expanding labor force.

If this is true why isn't unemployment rising?

As for the unemployment rate being so low, there are a whole bunch of people whose unemployment benefits have run out and are still unemployed but are not reported in that statistic.

Sounds like you're talking about the idle rich, the people who don't want jobs or the mentally unstable. Those groups aren't going to work anyway.

Mostlikely, the Dept of Labor's numbers will be revised downward in future months.

Perhaps, or maybe the job situation in the US is just fine, and thank goodness we have all the illegals to take the jobs Americans don't want!

Workers, many of whom had seen their paychecks eaten by inflation, saw wages grow robustly last month. Average hourly earnings jumped to $17.04, a sizable 0.5 percent rise from the prior month. Analysts were forecasting a more modest, 0.3 percent increase.

Definitely good but doesn't begin to make up for the shortfall over the past six years.


I don't know any of these people experiencing your shortfall, but I'll take your word for it. I'm ~40 and every American I know that wants a job has a job, and I don't hear any of them bitching about low pay. But that's just my experience - I don't hang out in the Indian casinos....