Originally posted by: Whitling
Need a job? Just practice saying, "Would you like that with fries?"
Originally posted by: ViRGE
Something doesn't jive about that number; it's almost .1% of the unemployment rate, which is about what it moves in a whole month. Either they're not subtracting jobs lost, or we're about to enter a new bubble.
If that kind of growth were 1 week growth, and continue on like that for some time, then we would be in a bubble, but since it's the October data(thanks for pointing that out), yes, those numbers jive for a month.Originally posted by: CADkindaGUY
Originally posted by: ViRGE
Something doesn't jive about that number; it's almost .1% of the unemployment rate, which is about what it moves in a whole month. Either they're not subtracting jobs lost, or we're about to enter a new bubble.
huh?
It is net from what I've read - and I'm not sure why you'd say job growth is a "new bubble" since all the other data that has been piling up has only been missing job growth. Now that we see job growth it's a bubble? I'd subscribe to that theory IF there was no other data - but there is plenty of other data that has been increasinly good news.
PS - the Unemployment rate dropped from 6.1 to 6.0....so yes those numbers jive. It wasn't a 125K+ increase in one week - it was just reported last week. There was a thread about it The numbers for October were released last week - not data on last weeks increase.
CkG
Originally posted by: Whitling
PrivateBreyer, I think that based on your posts that I can recollect, I would seldom admit to you being correct. But this one is good. You said,
"I here mortuary scientists are expected to be in big demand in a few years. God Bless the baby boomers. ;-)"
I appreciate the humor. It was humor, wasn't it?
Yeah, the prices are going up here in NY and NJ, too, probably because of the lack of stylists available, so new salons can't be opened.Originally posted by: ReiAyanami
... or practice giving hair cuts. I see "hair stylist wanted" postings at a number of salons I pass.
as haircuts start at $16-18 in la jolla, they make well more than living wage, no tip
This is the normal way a new industry develops. Everyone saw that the internet industry was going to be important in the late 90s, they just didn't know (and probably didn't have the skills needed to figure out) which ones were going to emerge from the "gold rush" and become strong, profitable businesses. Now we know that Yahoo, Amazon, and Ebay are going to be the RCA and GE of this technology cycle. Look at how RCA bubbled before 1929 and then look at what it did afterwards. With all the crap companies that were merely along for the speculative ride out of the way, they could develop a strong, profitable business, just as the internet survivors are doing today. It's nothing new, really.don't worry, this bubble won't be as large as the previous bubble, the internet stocks YHOO, AMZN, EBAY are only at the ALL-TIME HIGHS they were at the height of the internet bubble, they haven't exceeded it yet...
Not only factory jobs, but FARMING jobs, too!! What will replace the farming industry?? It's the basis of our EXISTENCE!Originally posted by: KenGr
... not only the US is losing factory jobs, but so is Europe, Japan, and even China. Yes, China, with it's great surging economy, is losing factory jobs due to huge increases in productivity.
Originally posted by: rjain
Not only factory jobs, but FARMING jobs, too!! What will replace the farming industry?? It's the basis of our EXISTENCE!Originally posted by: KenGr
... not only the US is losing factory jobs, but so is Europe, Japan, and even China. Yes, China, with it's great surging economy, is losing factory jobs due to huge increases in productivity.
That sounds almost... like... our situation with manufacturing!Originally posted by: privatebreyer
Farming will never be replaced. We just don't need as many people to do it anymore. Were THAT GOOD.Originally posted by: rjain
Not only factory jobs, but FARMING jobs, too!! What will replace the farming industry?? It's the basis of our EXISTENCE!
Maybe in a few years we'll dump cars in MI to keep prices at a level where auto workers can stay above water...Theres cases in NY were milk is dumped to keep prices at a level were farmers can stay above water.