This months figures will be higher because all the stores like Dollar Tree are desperate for help. I was in one yesterday, boxed stock piled sky high. One told me they are desperate because no one wants to work.

But come January it will be much different. Economists are predicting a recession but no one knows how deep. However the economy always sinks in an election year. Never fails.

Being an economist myself, but dealing with different issues.

What if a recession materializes, but the numbers sre fudged, and everything looks rosy?

provide a wage you can actually live on, plus a good health care plan?

They are simply jobs for High School and College students. Seasonal, part time.

We just posted a position and we are stunned at the resumes we are receiving. The title indicates a junior position but we are getting applicants with years of solid experience. Many have Master's degrees or are still in graduate programs.
I also found out that someone we hired last year to fill in at reception and do admin work had started law school before taking our job.
There are a lot of very qualified people who are unemployed and underemployed.

My 22 yo son graduated technical college last year to be an industrial electrician, motors, PLCs,
automation, etc. He had job offers before he even graduated, he accepted an entry level union position at a paper mill and is making about 80k a year with good benefits.

All his friends in the trades are doing good, electricians, plumbing, welding, etc.

I’m an electronics/radio technician by trade, almost impossible to find experienced technicians, especially people willing to travel and/or be on 24 hour call to respond to site casualties, very easy to find a job making decent money.

Need help. But even they require specialized training. The reason Community, and Trade Schools are flourishing.

After years of pushing paper jobs there is now a huge shortage of workers who can do things.

Certain trades can not be outsourced, but in recessions people tend to do plumbing, electrical work themselves.

What is desperately needed is a massive infrastructure bill that would put millions to work. Trump took a few out but is now threatening to send 12,000 troops to Iran.

accurate, especially after analysis have commented on things like the effect of the end of the GM strike.

One can argue whether they are good paying jobs, whether it's a blip, whether it will continue, etc., but I think the numbers are as accurate as we can get in a large, complex economy.

..I might be paranoid.

The real issue is that with this much distrust in our leadership, any scheptiscism makes complete, on the surface, sense.

Ah, but there is this questiion: with unemployment being so low, why aren't wages rising?

Oops, another set of numbers to fudge...


Oh, I am so paranoid!...

Productivity has not increased a lot recently. And increases in productivity are more likely due to investment in computers, equipment, training, etc.

A lot of us got used to larger pay increases in the 1990s and early 2000s. But, we are competing in a global economy. Our pay increases are roughly equivalent to other advanced countries.

The people that really concern me are those at the lower end of the pay scale. They need help, whether increases in pay or healthcare, etc., or a combination. Personally, I'd go for job security, a better safety net, etc.


This is one of many articles that pop us when searching "why aren't wages rising with low unemployment:"


https://www.usatoday.com/story/money/2019/11/14/wage-growth-why-isnt-pay-climbing-faster/2580205001/

I look for a new job today, and its 8 bucks an hour, I started a job 10 years ago for the same amount. Its ridiculous.

Has there been no inflation in that entire time period?

https://www.pewresearch.org/fact-tank/2018/08/07/for-most-us-workers-real-wages-have-barely-budged-for-decades/

Last edited Sat Dec 7, 2019, 01:07 PM - Edit history (1)

inflation adjusted wages should necessarily budge, other than we like them to. But, it is disappointing.

In your area? Starting pay$13. Ups? $16.

...any wrong doing or evil like Trumps crimes or spending cuts for the poor....sick trolls!

The credit belongs to the hard working americans.

so has never been an accurate count of actual employment numbers. This dates back well before Trump, by the way.

Also, they rarely talk about the quality of work, for example, how many of these jobs are 8 dollars an hour and 20 hours a week or less, etc.

I’ve seen several articles saying this means Trump will for sure get to run on the economy next year. No one is going to remember November of 2019’s jobs report close to election. If the good reports continue then yes, but remember most economists are still predicting a recession next year.

"....53 million Americans between the ages of 18 to 64—accounting for 44% of all workers—qualify as “low-wage.” Their median hourly wages are $10.22, and median annual earnings are about $18,000."

https://www.brookings.edu/blog/the-avenue/2019/11/21/low-wage-work-is-more-pervasive-than-you-think-and-there-arent-enough-good-jobs-to-go-around/?fbclid=IwAR12ERckXkG1PNcNt7CPIuboNeX8fGm7DidoVG5zhNTk1728S3KajDyOaLA

and then a couple weeks later, they were adjust much lower. We had that happened to Trump the last set of numbers. They adjusted them down.