214,000 new jobs - Rate down to 5.8% - 6 year low - good/bad?

[doubledeluxe]

Well that's the number I got googling.

I think you need the number of people currently attending college minus those in college working too. Plus those who are disabled.

 

[senseamp]

But that's not Moore's law. Google it.

Since you are so insistent on parsing words, I did Google it:
http://en.wikipedia.org/wiki/Moore's_law

The complexity for minimum component costs has increased at a rate of roughly a factor of two per year. Certainly over the short term this rate can be expected to continue, if not to increase. Over the longer term, the rate of increase is a bit more uncertain, although there is no reason to believe it will remain nearly constant for at least 10 years.
G. Moore, 1965

Now, while you are debating what Moore's law is, the consequences of it don't change. If your job can be done by a computer, it will be, its only a matter of time, and that time is upon us for some jobs, and will be soon for many others.
Folks here in Silicon Valley are working every day to capture the value of that work for ourselves. And while some may think we are a bunch of commies up here, we love the free markets because we know how to win in them.

 

[Engineer]

Now, while you are debating what Moore's law is, the consequences of it don't change. If your job can be done by a computer, it will be, its only a matter of time, and that time is upon us for some jobs, and will be soon for many others.
Folks here in Silicon Valley are working every day to capture the value of that work for ourselves. And while some may think we are a bunch of commies up here, we love the free markets because we know how to win in them.

Yes: http://www.technologyreview.com/vie...of-us-jobs-are-vulnerable-to-computerization/

 

[Matt1970]

Since you are so insistent on parsing words, I did Google it:
http://en.wikipedia.org/wiki/Moore's_law


Now, while you are debating what Moore's law is, the consequences of it don't change. If your job can be done by a computer, it will be, its only a matter of time, and that time is upon us for some jobs, and will be soon for many others.
Folks here in Silicon Valley are working every day to capture the value of that work for ourselves. And while some may think we are a bunch of commies up here, we love the free markets because we know how to win in them.

From your link:"Moore's law" is the observation that, over the history of computing hardware, the number of transistors in a dense integrated circuit doubles approximately every two years.

If you want to consider everything that has come out of the man's mouth for his entire life to be Moore's Law, that's on you, but anything other than what's in the first sentence is not considered Moore's Law.

 

[senseamp]

From your link:"Moore's law" is the observation that, over the history of computing hardware, the number of transistors in a dense integrated circuit doubles approximately every two years.

If you want to consider everything that has come out of the man's mouth for his entire life to be Moore's Law, that's on you, but anything other than what's in the first sentence is not considered Moore's Law.

The only one dense is you. Read the actual quote from Moore that is the whole BASIS for Moore's law, not something that just came out of his mouth. Price is a key part of it.
Anyways knock yourself out, I have some digital circuit design to do

 

[Victorian Gray]

Good points. People rack up $250K in debt to get an art history degree and wonder why they can't pay their bills.

And now for some reality


Of the 1,716,000 bachelor's degrees conferred in 2010–11, the greatest numbers of degrees were conferred in the fields of business (365,000), social sciences and history (177,000), health professions and related programs (143,000), education (104,000), and psychology (101,000). At the master's degree level, the greatest numbers of degrees were conferred in the fields of business (187,000) and education (185,000). At the doctor's degree level, the greatest numbers of degrees were conferred in the fields of health professions and related programs (60,200), legal professions and studies (44,900), education (9,600), engineering (8,400), biological and biomedical sciences (7,700), psychology (5,900), and physical sciences and science technologies (5,300).

http://nces.ed.gov/fastfacts/display.asp?id=37


But you just keep bagging on that 'art history major' with a $250,000 student loan. Makes for some nice outrage.

 

[Matt1970]

And now for some reality


Of the 1,716,000 bachelor's degrees conferred in 2010–11, the greatest numbers of degrees were conferred in the fields of business (365,000), social sciences and history (177,000), health professions and related programs (143,000), education (104,000), and psychology (101,000). At the master's degree level, the greatest numbers of degrees were conferred in the fields of business (187,000) and education (185,000). At the doctor's degree level, the greatest numbers of degrees were conferred in the fields of health professions and related programs (60,200), legal professions and studies (44,900), education (9,600), engineering (8,400), biological and biomedical sciences (7,700), psychology (5,900), and physical sciences and science technologies (5,300).

http://nces.ed.gov/fastfacts/display.asp?id=37


But you just keep bagging on that 'art history major' with a $250,000 student loan. Makes for some nice outrage.

What's the matter, are you an art history major?

 

[Svnla]

Here is the PBS NewsHour I was talking about earlier:

Much of the workforce remains employed part-time, or combine part-time jobs but get no benefits.

http://www.pbs.org/newshour/bb/positive-jobs-report-may-reassure-americans-part-time-work/

 

[Victorian Gray]

What's the matter, are you an art history major?

Jealous?

 

[Matt1970]

Jealous?

Who wouldn't be?

 

[OverVolt]

..

 

[Victorian Gray]

Who wouldn't be?

Jealous of someone who doesn't exist. Cool.

 

[OverVolt]

when the unemployment rate hits 1% I suppose the endless stream of suckers on indeed.com applying to mcdonalds and Walmart and such will have been exhausted for those shitty jobs at shitty pay.

In a twisted way I suppose its a good thing.

Also bartenders need to stop applying to microsoft for head developer positions.

 

[Blanky]

It's excellent. I've been following a couple of doomsayer blogs or two over the years and of course they find bad news in winning a lottery and having their cancer mysteriously cured. Really, this is fantastic news to see unemployment now down to 5.8%. Yeah, yeah labor force participation, people gave up looking for work, etc. Some people just cannot be helped and are never happy.

We are not likely to see it get much better, at least long term. A half point, a point tops: http://data.bls.gov/timeseries/LNU0...s_option=specific_periods&periods=Annual+Data

If you can't get a job right now you're in the wrong field. You need to stop blaming the economy and transition to something else; your employment options will not be improving. When unemployment is 9.6% you have an excuse, when it's under 6 the problem is quickly turning into it's not me it's you.

 

[Zorkorist]

There's a base of people out there that are unemployed, because no one will hire them. Government has consigned them to being unemployed through regulations and legislation like the minimum wage.

Even more-so, the Government wants them to fill out taxes, once a year.

Even more-so, the Government wants them to get a Drivers License, and Insurance.

This may sound stupid, to the educated among you, but it is what kills the economy, what kills posterity...

Government.

-John

 

[DCal430]

I wonder if unemployment could actually be over stated, a lot of high level republicans have been urging their constituents to provide the census bureau with false information to damage the data and make Obama look bad. So when a republican is selected for the CPS they may provide false information./