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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Box-By-The-Riviera™ who wrote (109620)1/10/2015 7:33:52 PM
From: bart132 Recommendations

Recommended By
ggersh
Haim R. Branisteanu

  Respond to of 219996
 
using BLS stats is kind of insulting to your higher work. don't you think?

Sort of, yes. Not only is all the off-the-beaten-path still out there though, I do enjoy busting all the its-all-good Pollyanna nonsense. For example, there's the horse puckey rah-rah budget deficit way down BS while the concept and truth of not counting off budget expenses so debt growth looks lower is very alive and well, the actual facts on Obama being the worst President in the last 5 Presidents on growing the Federal debt, and also almost no one comments on the part time employment issues using just BLS data.



Another one on the spun and fake employment rates, per the BLS again, temporary employment is growing at around an 8.5% annual change rate. Strong economy - hah!

And my U7 (it includes the discouraged that have been out of work for over a year) unemployment stat reconstruction is still over 20%, and without any adjustment for the participation rate drops.



To: Box-By-The-Riviera™ who wrote (109620)1/10/2015 11:46:07 PM
From: elmatador  Read Replies (1) | Respond to of 219996
 
How to fight deflation. Increase the salaries. Can't have inflation without wage increases.

But the works lost leverage as several sectors of the economy outsourced the production to places with cheaper labor.

There are surely more people occupied. But they will be occupied in low wages jobs. The person who judges him/herself more valuable than the occupation on offer, would not go to work if he's got a mean of subsistence.,

That is why young people in Europe keep themselves out of the workforce: they deem themselves too good to get a low paying work.

Low paying work is associated with these immigrants that came to do menial jobs.