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To: jimmg who wrote (71795)	2/9/2007 8:38:50 PM
From: CalculatedRisk	Read Replies (1) \| Respond to of 306849

He proved your claim that "Job Openings at all-time high" was false. What more do you want? You were wrong. Job openings now (000s): 4433 Job openings Dec 2000: 4534 Job openings Jan 2001: 4601 Geesh ... He was just adding that the series starts in Dec 2000, and we all know the job market was even better in '99 and '00 than Dec 2000 (most people lived through that period, so we know what happened).

To: jimmg who wrote (71795)	2/9/2007 9:03:24 PM
From: Les H	Read Replies (1) \| Respond to of 306849

You probably should have calculated the number of jobs filled on net by subtracting the Total Separations column from the Hires column. That number is still running strong at 368K net filled jobs for December. bls.gov

To: jimmg who wrote (71795)	2/10/2007 12:29:56 AM
From: Lizzie Tudor	Read Replies (3) \| Respond to of 306849

I can't believe this conversation is happening. The USA has not created the standard 150K jobs/month that we need to keep up with population growth in YEARS. There has been a huge "ratcheting down" of expectations with regard to the labor market since 2001 which was the peak, not just in jobs growth but in wages. This is COMMON KNOWLEDGE. Truth be told, if we really looked at population growth today we would probably need more like 160K-170K jobs per month to maintain. The white collar labor market, especially, has deteriorated. And this is hardly a boom, in the 90s we created 350K jobs/month in the USA- CONSISTENTLY. We are less than half of where we were in the 90s, a pathetic showing in this decade. Wage growth slows for most workers between 2000 and 2005 One of the most important problems in the current economy is that, despite strong growth in labor productivity, hourly wages for most workers are not keeping pace with inflation. The source of the problem: a one-two punch of slower nominal wage growth for middle- and low-wage workers and faster inflation. epi.org Since August 2003, more than 7.4 million jobs have been created - more jobs than the European Union and Japan combined. whitehouse.gov WOW! More than Europe and Japan. Well thats really impressive- NOT! And the white house pick and chose this figure- since Aug 2003- to paint a picture like the USA is the jobs creating engine that it was, which of course it isnt.