3.9 % unemployment
- Thread starter AC_Exotic
- Start date
Economist Dan Griswold crunches the numbers and points out the good and the bad:
https://madabouttrade.com/digging-deeper-into-the-march-jobs-report-1203e9a3dd8
https://madabouttrade.com/digging-deeper-into-the-march-jobs-report-1203e9a3dd8
No one paid attention 2 or 3 years ago so we're not going to pay attention now.
It wasn’t relevant when we had a black democrat in the White House.
We are going to see a slow down in efficiency due to unqualified workers getting jobs they wouldn’t get if companies could be more selective. The trucking industry cannot find enough drivers and I know personally they are scraping the bottom of the barrel to find them.
How many poor employees (low productivity, wasted time, poor attitudes, missing too many days) could we come up with right now that need to be fired and replaced with someone more competent? Just out of the people we know personally.
How many poor employees (low productivity, wasted time, poor attitudes, missing too many days) could we come up with right now that need to be fired and replaced with someone more competent? Just out of the people we know personally.
The onerous regulations truckers deal with compound the problem.
https://www.bls.gov/news.release/jolts.nr0.htm
There are six million jobs available and 6 million people looking for work.
If we gave non voting/non citizen registered legal status to every illegal in the country today and started a push for retraining our work force to fill the gaps our economy would explode.
You would have to Katy bar the borders and fix the visa overstay problem.
There should also be a government database for companies to interview registered foreign workers. Match.com meets LinkedIn with a .gov. Profiles, references, comments from former employers, etc.
There are six million jobs available and 6 million people looking for work.
If we gave non voting/non citizen registered legal status to every illegal in the country today and started a push for retraining our work force to fill the gaps our economy would explode.
You would have to Katy bar the borders and fix the visa overstay problem.
There should also be a government database for companies to interview registered foreign workers. Match.com meets LinkedIn with a .gov. Profiles, references, comments from former employers, etc.
Was this supposed to happen?
Mitt Romey, Marc Cuban and Paul Krugman only told us to prepare for economic catastrophe if Trump won the election.
Source: https://oilprice.com/Energy/Energy-General/Citi-US-To-Become-Worlds-Top-Oil-Exporter.html
Mitt Romey, Marc Cuban and Paul Krugman only told us to prepare for economic catastrophe if Trump won the election.
Source: https://oilprice.com/Energy/Energy-General/Citi-US-To-Become-Worlds-Top-Oil-Exporter.html
That's at best misleading, but knowing the parties involved most likely deliberately dishonest. The US is a net importer of crude and oil products to the tune of 3.6 million barrels a day.Was this supposed to happen?
Mitt Romey, Marc Cuban and Paul Krugman only told us to prepare for economic catastrophe if Trump won the election.
Source: https://oilprice.com/Energy/Energy-General/Citi-US-To-Become-Worlds-Top-Oil-Exporter.html
Yeah it would only take an 80% increase in output to surpass Ghawar. Anything you read about oil from finance focused sources is usually hype and boosterism.
Also doesn't help when the writing of this job elimination is on the wall with the direction of automated driving. That's gotta impact the rate of new drivers entering the industry.
