archive2009-14.pdxradio.com » Politics and other things

More bad news for Anti-Americans

(12 posts)

  1. Vitalogy
    Member

    Private sector jobs surge by 238,000 in December.

    http://www.nbcnews.com/business/jobs-surge-238-000-december-2D11875718

    The economy beat expectations and added 238,000 jobs in December, according to the just-released ADP National Employment report.

    The report is closely watched as it tends to foreshadow the official jobs report, which the Labor Department will release Friday. Economists expect the unemployment rate to hold steady at 7 percent and the report to show 195,000 jobs created.

    Mark Zandi, chief economist of Moody’s Analytics, said, "Job gains are broad-based across industries, most notably in construction and manufacturing. It appears that businesses are growing more confident and increasing their hiring.”

    Posted on January 8, 2014 - 01:35 PM #
  2. Andy_brown
    Member

    Insignificant.

    http://www.gallup.com/poll/125639/gallup-daily-workforce.aspx

    Underemployment remains too high and at 17% is double what it was (approximately) before Dubya blew up the economy.

    http://www.newgeography.com/files/cox-under-1.png

    Posted on January 8, 2014 - 01:41 PM #
  3. Vitalogy
    Member

    Insignificant?

    I don't think so and neither do the markets.

    The economy is improving over a broad base of sectors. And has been for a while. And will continue to do so slowly but surely.

    Those that are still complaining should quit complaining hop aboard.

    Posted on January 8, 2014 - 01:46 PM #
  4. Andy_brown
    Member

    Yes, compared to the overall part of the numbers in the "recovery" an increase of 238,00 barely exceeds the new people coming into the market.

    College graduates continue to struggle in getting jobs that are full time career positions.

    The big money folks at the major corporations are doing well, CEO pay continues to grow, and the middle class continues to shrink.

    Things are stagnant for most workers.

    http://www.cbsnews.com/news/stagnant-worker-pay-stunts-us-recovery/

    Homeownership is at an 18 year low.

    http://articles.chicagotribune.com/2013-11-05/business/chi-homeownership-rate-20131105_1_homeownership-rate-corelogic-home-prices

    Sure, things are stable but I don't see many folks beating a drum and tooting horns.

    Posted on January 8, 2014 - 02:05 PM #
  5. Vitalogy
    Member

    Sounds like your a glass half empty kind of guy. Ignoring the positve and dwelling on the negative.

    No matter how strong the economy is, there will always be a class of people struggling.

    You've been beating your own drum for quite a while about how negative things are with the economy. Take your personal situation out of the equation and looking at the data should change your perspective.

    Posted on January 8, 2014 - 02:12 PM #
  6. Andrew
    Member

    I tend to agree with Andy. There are real systematic problems in the economy that are being neglected or ignored. Some good jobs numbers for the month are certainly better than bad numbers, but they aren't much to cheer about if you are looking at the long picture: a reduced standard of living for more and more Americans, education getting more expensive and more out of reach of to students every year, infrastructure still crumbling. These things are catching up with us and will only see things get worse down the line if not addressed.

    Posted on January 8, 2014 - 02:53 PM #
  7. Deane Johnson
    Member

    It the next several election campaigns, the public should be making the dwindling quality job market the major campaign issue. People should be asking the candidates what their ideas are on turning the thing around and what they are willing to support. It won't happen.

    Posted on January 8, 2014 - 04:20 PM #
  8. warner
    Member

    I don't think any growth is "insignificant" nowadays, but, I also agree with Deane (gasp!). There are huge job related issues that need to be addressed.

    Posted on January 8, 2014 - 05:34 PM #
  9. edselehr
    Member

    Only when corporate America and Wall Street really feel the pinch of joblessness will the issue be properly addressed. Or, when the next "Occupy Wall Street"-style protest happens in a way that is more impactful and more lasting.

    Maybe we need a 21st Century "Bonus March" on Washington.

    Posted on January 8, 2014 - 05:37 PM #
  10. Andrew
    Member

    The question is: what should our elected officials do in terms of encouraging job growth at all, let alone "good job" growth?

    I can guarantee you that any idea that even hints of another nickel of (non-defense) federal spending will be torpedoed by Republicans. The only thing today's Republican party can get behind is tax cuts and the repeal of regulations. Any Republican who might be so bold to stand up for any sort of federal investment in things like the Interstate Highway System or the Internet will be shouted down in primaries as some sort of RINO, with the Koch Brothers and the Heritage Foundation funding their primary challengers.

    So - no support for higher education, to make it easier for students to get the higher education required to get these "better" jobs. No support for research or infrastructure investment. No support for anything that might hurt corporate profits, even if it encourages companies to bring jobs back to the US.

    Posted on January 8, 2014 - 06:52 PM #