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


To: Elroy who wrote (319039)1/7/2007 5:45:07 PM
From: tejek  Respond to of 1577883
 
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?


Because unemployment benefits are good for only 6 months in the US....then its bye bye. Those people go off the list whether they have a job or not.

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.


I am sure that's what you want to believe and its going to be very difficult to dissuade someone whose bought the koolaid hook, line and sinker. So I am not going to bother.

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!<?I>

Yup. A rightie through and through. You must have been a real joy when you were at Berkeley.....or was that your liberal, hippie phase?

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.


Great anecdotal evidence.........you'll understand if I choose to ignore such evidence from a rightie out in some emirate in the middle of the Persian Gulf who has been to the States once, twice, three times? in the last six years.

But that's just my experience - I don't hang out in the Indian casinos....

No, just in bars getting trashed. Are you trashed now?

And I don't give a frigging crap that you are 40......you still act like you're 14.