Wow — today’s jobs report
- Thread starter NZ Poke
- Start date
Mark Cuban, Mitt Romney and Paul Krugman definitely didn’t make this prediction in 2016:
The important piece was the 2.7% wage increase. People who do work for a living are finally starting to see the impact of the competitive labor market in their paychecks. It will probably lead to a 4th rate hike this year, which could slow the economy some, but its a sign of real strength in the economy.
Great numbers.
Of course they're using the same fake unemployment numbers the Obama administration used. Still much better than before, but not a real reflection.
Of course they're using the same fake unemployment numbers the Obama administration used. Still much better than before, but not a real reflection.
Agreed. That's why I care more about the wage numbers. Labor participation is hard to baseline an expectation number because so many different items influence this above and beyond just employment opportunities. But wage numbers link to employee availability. If you can't find candidates, you eventually have to raise wages to A) keep the ones you have, and B) to attract a wider field of candidates. This number (to me) shows as much if not more about the employment conditions as any of the other metrics. For the record, this was the issue with the Obama recovery. There was very limited wage growth behind it. And frankly, even Trump's low unemployment rates haven't had a lot of wage growth either. But this month's number is really good.
There are also 24,000 less federal jobs since he took over. A lot of people being paid for nonsensical things are going to have to get a real job.
There could possibly have been a blue wave if not for the National Democratic Party. What a fvcking waste of space these people are.
Nothing to see here folks. Your paychecks deceive you while a graph is your reality.
Can you show a graph of consumer confidence over time?
Can you show a graph of consumer confidence over time?
Here is one I found. Not to good with these, david can you explain it to me?
Red line takes viagra in 2017.
Edit: right about November 9th of 2016 but I don’t have my glasses on.
Red line takes viagra in 2017.
Edit: right about November 9th of 2016 but I don’t have my glasses on.
Ho hum... more of the same:
Nevermind apples to oranges situational comparison..... Must. Resist.
Do you get a paycheck? I thought you just got an allowance.
Another thing he didn't screw up? Keep celebrating those my man!Here is one I found. Not to good with these, david can you explain it to me?
Red line takes viagra in 2017.
Edit: right about November 9th of 2016 but I don’t have my glasses on.
My allowance runs parallel with my wife’s wage growth.
Harry, cut this nonsense out. We all know that the very aberrant rise in that graph is because people were excited they would finally get to see the brilliant 0bama's policies working after 8 long years.
You come across as business illiterate if you think that's a zing.
Zing's not necessary, simply lobbing softballs across the plate and watching you swing spastically is sufficient.
When you speak from a position of strength, it shows.
When you're posturing, it really shows.
Give me your take on how business acumen relates to BK? Take your time and really work through it...
Labor participation rate - why so stubborn?
So, there was a clear negative trend from the middle of 2008 to the worst just before 2016, then it stabilizes if not a slight positive trend in the labor workforce. Is that the best chart to make your point with? I will say that the promoted numbers now are not the most transparent view at the overall work situation.
Man, I'm real close to adding you to the list of @CSCOTTOSUPOKES @07pilt and @syskatine as folks that represent themselves as wanting to talk about issues open-mindedly and allowing the extension of goodwill in that dialogue.
You following through on the line of thinking (as I interpret your challenges), that a BK is somehow not an understood, priced-for, and even expected at times part of doing business, is borderline retarded.
As you aren't shy to drop info about what you do on here, I have previously assumed you have some business experience and knowledge. But either i) the breath of your knowledge is lacking (you're very specialized), or ii) you're playing a pussy game on here...only posturing.
I don't know which it is.
There is an option iii, that you're testing me. But if you are, your approach is all wrong, which again makes me question the breadth of your experience and knowledge.
Stop dancing and expound a bit on BK as strategy... You are getting close, just not quite there. Maybe talk a bit about factors that go into pricing it into the micro rather than macro.
My point is simply that LPR is stubborn. Wondering what factors (say early retirements, perhaps shifts to gig economy jobs, etc) keep the rate flat in face of a 50 year low in general unemployment....
Last 50 years from the bureau of labor statistics.
Series Id: LNS11300000
Seasonally Adjusted
Series title: (Seas) Labor Force Participation Rate
Labor force status: Civilian labor force participation rate
Type of data: Percent or rate
Age: 16 years and over
From: https://data.bls.gov/pdq/SurveyOutputServlet
I kind of get your point, and do not fully disagree, but there were multiple recessions during the last 50 years without the same or similar trends as the past 10 years. There is a clear, albeit slight, trend back upwards, though. Economics are not my thing, so I will gladly admit ignorance at the intracacies, but I am good and trend data.
