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THERE ARE NOW MORE JOBS AVAILABLE IN THE U.S. THAN THERE ARE PEOPLE LOOKING FOR JOBS -- MAGA!

By WarrenTheApe following x   2018 May 10, 9:09pm 579 views   38 comments   watch   sfw   quote     share    


THERE ARE NOW MORE JOBS AVAILABLE IN THE U.S. THAN THERE ARE PEOPLE LOOKING FOR JOBS
By Kevin Ryan

For the first time since the Bureau of Labor Statistics (BLS) began keeping job opening records in 2000, the number of jobs available in America exceeds the number of people looking for jobs. The milestone was reached this week when the BLS released employment data for March showing 6,550,000 job openings, or 204,000 more than the number of unemployed people in the country.

SOURCES: https://www.bls.gov/news.release/jolts.nr0.htm
https://fred.stlouisfed.org/series/UNEMPLOY
https://fred.stlouisfed.org/series/JTSJOL



MAGA! America First!
2   Strategist   ignore (1)   2018 May 10, 9:22pm   ↑ like (4)   ↓ dislike (1)   quote        

Our real unemployment is basically Zero.
I wonder if Trump had something to do with it. So hard to tell. :)
3   WarrenTheApe   ignore (0)   2018 May 10, 9:22pm   ↑ like (3)   ↓ dislike (1)   quote        

I LOVE the libtarded bullshit below....because at this point even Joe & Jane Sixpac have figured out things are a boomin'...and it ain't because of someone named Barry Hopenchanger.

2/15/18
ECONOMISTS BEGINNING TO WORRY TRUMP MIGHT NUKE THE ECONOMY AFTER ALL
https://www.vanityfair.com/news/2018/02/economists-are-beginning-to-worry-that-trump-might-nuke-the-economy

12/31/17
Greatest false predictions of 2017
The left must face facts and admit they’re wrong about Trump and the economy
https://www.washingtontimes.com/news/2017/dec/31/trump-economy-false-predictions-left/

04/03/18
President Trump’s Economic Luck Has Finally Run Out
https://dealbreaker.com/2018/04/president-trumps-economic-luck-has-finally-run-out/

But the Left will still trash this. Just like they keep saying there will be a nuclear war on the Korean Peninsula because of Trump. Outside Context Problem for their minds, you see. Cognitive Dissonance sure can be a royal bitch.
4   TwoScoopsOfDragonEnergy   ignore (1)   2018 May 10, 9:43pm   ↑ like (2)   ↓ dislike (0)   quote        

uh.

You guys just don't understand.

Trump is risking the economy when we have more openings than employees. If anything, it's a sign we need to import at least 1 Million people from Central America, or better yet, Afghanistan and the Northwest Frontier Province of Pakistan.

You Trumptards don't get it. Germany is very mad with us because we were a moral failure by ditching the Iran Deal that Foreign Policy Genius and Masters in Creative Writing Expert Ben Rhodes worked so hard on.

I swear, you guys are so ignorannnnnt.

Remember the last time we made Germany angry? We should be apologizing to Iran, Germany, and the Entire World before their righteous anger results in WW3.

Forget about the Economy! Trump is the new Napoleon after this deal with North Korea and South Korea! Imperialism, Colonialism, and Intersectional Social Justice NOW!
5   WarrenTheApe   ignore (0)   2018 May 10, 9:48pm   ↑ like (0)   ↓ dislike (0)   quote        

TwoScoopsOfDragonEnergy says
Trump is risking the economy when we have more openings than employees. If anything, it's a sign we need to import at least 1 Million people from Central America, or better yet, Afghanistan and the Northwest Frontier Province of Pakistan.


Border crossings up 200% over last March, Nielsen says
https://www.cnn.com/2018/04/11/politics/dhs-secretary-kirstjen-nielsen-budget-hearing/index.html

Note the month. March.

Same month Trump started his trade war. They are afraid south of the border that Trump will win. Something Libtards refuse to acknowledge even the possibility thereof.

And the de facto negative unemployment we have now will only fuel this, I admit to that point.
6   marcus   ignore (1)   2018 May 10, 9:56pm   ↑ like (0)   ↓ dislike (0)   quote        

IF I can get somebody to do this job for $9/hr, I'll hire them. In fact I'll hire as many people as I can to do this job for $9/hr.
7   Malcolm   ignore (1)   2018 May 10, 9:56pm   ↑ like (3)   ↓ dislike (0)   quote        

Great news.
8   marcus   ignore (1)   2018 May 10, 9:57pm   ↑ like (0)   ↓ dislike (1)   quote        

Strategist says
Our real unemployment is basically Zero.
I wonder if Trump had something to do with it. So hard to tell. :)


True, considering it's little more than the continuation of an 8 year trend.
9   Strategist   ignore (1)   2018 May 10, 10:09pm   ↑ like (3)   ↓ dislike (1)   quote        

Obama supporters seem upset at Trump's success. If you want to be with the winners, just change sides. It's so simple.
10   FortWayne   ignore (1)   2018 May 10, 10:28pm   ↑ like (3)   ↓ dislike (1)   quote        

Strategist says
Obama supporters seem upset at Trump's success. If you want to be with the winners, just change sides. It's so simple.


They are not used to winning, it seems like a foreign concept to them.
11   marcus   ignore (1)   2018 May 10, 11:50pm   ↑ like (0)   ↓ dislike (2)   quote        

Strategist says
Obama supporters seem upset at Trump's success


Trump supporters seem too willing to call something a big Trump success that's just the eighth year of a trend. If it's the 8th year of a trend, then there must be other things at work besides the guy that's President the last year or so.

I still think you're going to need a democrat in there in 2020 to blame for the effects of Trump's policies.
12   joshuatrio   ignore (0)   2018 May 11, 5:54am   ↑ like (3)   ↓ dislike (0)   quote        

In the past, telling employers "no, I'm not doing this or that, or no, I'm not traveling" - has often led to getting laid off in a round about way.

This past year I quit being a company man, since my own business is doing so well - and I've told my employer "no" to every single request (travel, on-site, weekend work - will you do this for an extra $20K) - and they can't fire my ass because #1 They CANNOT find qualified employees since the job market is so tight. #2 They CANNOT keep qualified employees because so many other companies are offering better $$ and they are losing people left and right.

I love this job market.
13   APOCALYPSEFUCKisShostikovitch   ignore (30)   2018 May 11, 7:29am   ↑ like (2)   ↓ dislike (0)   quote        

Employment was unheard of until TRUMPLIGULA! invented it!
14   HEYYOU   ignore (13)   2018 May 11, 9:28am   ↑ like (0)   ↓ dislike (0)   quote        

I don't understand unemployment when all job openings pay a minimum of 6 figures.
Why do people hate MAGA?
15   Strategist   ignore (1)   2018 May 11, 9:32am   ↑ like (1)   ↓ dislike (1)   quote        

joshuatrio says
In the past, telling employers "no, I'm not doing this or that, or no, I'm not traveling" - has often led to getting laid off in a round about way.

This past year I quit being a company man, since my own business is doing so well - and I've told my employer "no" to every single request (travel, on-site, weekend work - will you do this for an extra $20K) - and they can't fire my ass because #1 They CANNOT find qualified employees since the job market is so tight. #2 They CANNOT keep qualified employees because so many other companies are offering better $$ and they are losing people left and right.

I love this job market.


You are exploiting the poor employer. We need more laws.
16   joshuatrio   ignore (0)   2018 May 11, 10:19am   ↑ like (1)   ↓ dislike (0)   quote        

Strategist says
You are exploiting the poor employer. We need more laws.


It's nice having a little leverage.
17   SunnyvaleCA   ignore (0)   2018 May 11, 10:27am   ↑ like (2)   ↓ dislike (0)   quote        

Ah, government statistics. Those who are taking taxpayer money and not working are mischaracterized as "out of the labor force"; they should be counted as "unemployed" instead.

Now would be a good time to cut off most long-term welfare to people under 65. I bet we'll see a huge number of citizens suddenly entering the labor pool (or starving or jail). Unfortunately, many of them will be a poor fit for the jobs available, but there's no way people will then be claiming there a shortage of labor — only a shortage of skills. Unfortunately, labor laws and minimum wage laws will make sure these people have no opportunity to learn on the job. And they certainly aren't learning useful job skills in school!

Have you noticed that we're supposedly short on labor BUT costs of labor (wages) haven't increased much? My theory is that as even small wage hikes are available, people suddenly re-enter the labor force and take jobs. That keeps wages mostly in check.

OK, rant over!
18   mell   ignore (1)   2018 May 11, 10:29am   ↑ like (0)   ↓ dislike (0)   quote        

Agreed. Say what you want but this is winning! on a large scale.

SunnyvaleCA says
Now would be a good time to cut off most long-term welfare to people under 65. I bet we'll see a huge number of citizens suddenly entering the labor pool (or starving or jail). Unfortunately, many of them will be a poor fit for the jobs available, but there's no way people will then be claiming there a shortage of labor — only a shortage of skills. Unfortunately, labor laws and minimum wage laws will make sure these people have no opportunity to learn on the job. And they certainly aren't learning useful job skills in school!


Agreed as well, the number of perm. welfare recipients keeps rising and rising despite our medical advances that can keep more and more fit into old age. Lot of exploitation of the welfare system going on. Taxes on the individual worker should be much lower.
19   bob2356   ignore (1)   2018 May 11, 11:39am   ↑ like (1)   ↓ dislike (1)   quote        

SunnyvaleCA says


Now would be a good time to cut off most long-term welfare to people under 65. I bet we'll see a huge number of citizens suddenly entering the labor pool (or starving or jail).


What do you consider a huge number? There are only 1.4 million on TANF down from 4.4 million when clinton reformed it. Why does Trump keep saying welfare is out of control when the numbers are way down? But then again crime in the cities is out fo control too when the numbers are way down. Out of control must mean something different in trump's world.

Newspeak has arrived. Obedience is freedom. War is peace. Down is up.
20   WarrenTheApe   ignore (0)   2018 May 11, 1:00pm   ↑ like (1)   ↓ dislike (0)   quote        

HEYYOU says
Why do people hate MAGA?


@Patrick This is what I was talking about. I IGNORED both HEYYOU and bob2356. But both could see and reply to my post here. I got the emails of those posts as well. True, I couldn't see them when I came back here to view it. But they should never have seen anything I posted to begin with, correct? I don't see their posts on the feed.
21   WarrenTheApe   ignore (0)   2018 May 11, 1:03pm   ↑ like (0)   ↓ dislike (0)   quote        

marcus says
IF I can get somebody to do this job for $9/hr, I'll hire them. In fact I'll hire as many people as I can to do this job for $9/hr.


Yeah? So what? Oh wait! You believe we can wave this magic wand and force employers to pay something like $25/hour or something? I see...
22   WarrenTheApe   ignore (0)   2018 May 11, 1:05pm   ↑ like (0)   ↓ dislike (0)   quote        

marcus says
True, considering it's little more than the continuation of an 8 year trend.

What trend?

For 8 years, employers had all the power in an economy that had an average GDP growth lower than that even delivered by Hoover's term. Now, not any more.

No trend at all. Instant change. Because of Trump. And the voters know this no matter how many Libtards try to spin it otherwise.
23   Quigley   ignore (0)   2018 May 11, 1:33pm   ↑ like (1)   ↓ dislike (1)   quote        

This tightening labor market is what will lead to rising wages, full employment, fewer than ever people on government assistance, rising National mood, higher tax revenues, and BOOM economy! Funny how the economy works best when Americans work and get paid well for it!

Trump is keeping the pressure on the border patrols and homeland security. He had to smack a bitch down (Kierstjen) to get her ass moving on border security, but he’s keeping his pimp hand strong!
24   SunnyvaleCA   ignore (0)   2018 May 11, 2:41pm   ↑ like (0)   ↓ dislike (0)   quote        

bob2356 says
What do you consider a huge number? There are only 1.4 million on TANF down from 4.4 million when clinton reformed it. Why does Trump keep saying welfare is out of control when the numbers are way down?


TANF is but one; maybe you could say it's a success story. In fact, it's down quite a bit in the last 2 or 3 years. When I wrote "welfare" and also "[people] taking taxpayer money" I was referring to the large number of taxpayer-funded assistance programs that have expanded in number and in number of people using them.

Check out, for example, http://apps.npr.org/unfit-for-work/ . From the article: "In the past three decades, the number of Americans who are on disability has skyrocketed."
25   Strategist   ignore (1)   2018 May 11, 3:35pm   ↑ like (2)   ↓ dislike (1)   quote        

marcus says
Strategist says
Obama supporters seem upset at Trump's success


Trump supporters seem too willing to call something a big Trump success that's just the eighth year of a trend. If it's the 8th year of a trend, then there must be other things at work besides the guy that's President the last year or so.


It's year 2 of a trend.
27   jazz_music   ignore (2)   2018 May 11, 11:24pm   ↑ like (3)   ↓ dislike (1)   quote        

It costs nothing to run ads.

The corporations run the ads seasonally year in and year out regardless of whether they intend to fill the positions or not, they need to keep their list fresh at all times.

Every pathetic store about to close has a NOW HIRING sign stuck in the window.

Most of those opportunities will remain open no matter what happens.

They could all be from one guy wanting to get his dick sucked, hahaha.
28   bob2356   ignore (1)   2018 May 12, 6:07am   ↑ like (2)   ↓ dislike (0)   quote        

SunnyvaleCA says

TANF is but one; maybe you could say it's a success story. In fact, it's down quite a bit in the last 2 or 3 years. When I wrote "welfare" and also "[people] taking taxpayer money" I was referring to the large number of taxpayer-funded assistance programs that have expanded in number and in number of people using them


The vast majority of people on programs like snap or section 8 are already working. How would they suddenly be re-entering the work force?

Are you considering disability able bodied people on welfare? They have been determined by a doctor and a court to be unable to work. How does that work? There is certainly fraud in the program, but huge numbers?


Back to the question, what do you consider a huge number? Where are these people who make up the huge number?
29   marcus   ignore (1)   2018 May 12, 8:01am   ↑ like (1)   ↓ dislike (0)   quote        

Booger says


Winning !

? Yes. We see how republicans think. "lock her up !" Amiright ?
30   marcus   ignore (1)   2018 May 12, 8:06am   ↑ like (2)   ↓ dislike (0)   quote        

Strategist says
It's year 2 of a trend.


Okay, if it makes you happy, it's year 2 of a trend, which is a continuation of what was happening the previous 6 years.

31   Feux Follets   ignore (1)   2018 May 12, 9:23am   ↑ like (2)   ↓ dislike (0)   quote        

Quigley says
This tightening labor market is what will lead to rising wages


Anyone remember this thread while they are waiting for those "rising" wages that don't keep up with anything?

http://patrick.net/post/1314413/2018-03-13-monopsony-may-be-holding-down-wages-by-allowing-companies-to-price-set

When can everyone expect those rising wages to outpace inflation, the increased cost of food, gasoline (which by the way is poised to hit record highs this summer effectively killing any gains the "middle class" got from the massive tax cuts), insurance of all types, possibly even manage to save a bit - the normal mundane things ?

Curious minds would like to know....
32   Feux Follets   ignore (1)   2018 May 12, 9:25am   ↑ like (2)   ↓ dislike (0)   quote        

When Barry had great employment number - the Golden Golem of Greatness called them fake news, made up bullshit, etc. but now they are the real deal ?

How does that work exactly ?

One president's fake bogus numbers miraculously turn into the god almighty truth for the next guy, if he is Don the Con.
33   mell   ignore (1)   2018 May 12, 9:41am   ↑ like (0)   ↓ dislike (1)   quote        

Feux Follets says
When Barry had great employment number - the Golden Golem of Greatness called them fake news, made up bullshit, etc. but now they are the real deal ?

How does that work exactly ?

One president's fake bogus numbers miraculously turn into the god almighty truth for the next guy, if he is Don the Con.


Obama got unemployment numbers down as well. However tax cuts for everybody are a much better organic and leveled choice than having the Fed print trillions of dollars.
34   Feux Follets   ignore (1)   2018 May 12, 9:45am   ↑ like (1)   ↓ dislike (0)   quote        

mell says
However tax cuts for everybody are a much better organic and leveled choice than having the Fed print trillions of dollars.


I would like to agree - if - the cuts for the middle class and below were no a par with the tax cuts for business and 1% and then of course didn't expire in 10 years while the other's remain.
35   Feux Follets   ignore (1)   2018 May 12, 10:09am   ↑ like (0)   ↓ dislike (0)   quote        

A longstanding problem relating to our economic measurements such as employment is that U.S. policymakers see much of the employment data at the same time that the public does, and they are forced to make decisions based on these estimates.

The bottom line is that what most people want to get out of unemployment data is not only what the current number is and if it’s getting better or worse recently, but also what it means for policy. Will interest rates continue to be raised? Will there be more cuts in government spending?

As far as the policy response to the current employment situation, policy is largely based on the less comprehensive measures calculated (based on volatile monthly employment data), reported (sent out to the public and policymakers alike at the same time, even though it’s often subject to significant revision later)—meaning that, in spite of the bests efforts of the people working at the Bureau of Labor Statistics (BLS), our monetary and fiscal officials are a bit like the proverbial pilot flying without a full complement of engines or navigational equipment

To dig into the weeds a bit further, the payroll and household surveys are two different samples designed to track the more comprehensive Business Enterprise Dynamics (BED), but which are published earlier than the BED.

The household model is small and very variable month to month (there is no penalty for not answering). Basically, policymakers must use a compendium of measures to get the best picture of what is happening. But the third and most comprehensive measure, the BED, takes several months to compile accurately, which means that policymakers are seldom getting a full picture, which is particularly important if and when the economy hits an important inflection point.

Based on recent publication of the BED data (which currently is only compiled to the third quarter of 2017), there are hints that employment is not as robust as the payroll and household survey measures have hitherto suggested. This disparity might also help to explain why wage growth remains so tepid, in spite of the repeated characterization that we are close to full employment.

And the worst thing from a political standpoint is that the Trump administration has essentially discredited the use of additional fiscal policy by directing so much of his tax cuts to wealthy individuals and corporations, who are more likely to save the money than to reinvest it in the economy, rather than direct them to middle and working classes, who need it most and would do the economy best if they had those resources because they would be more likely to spend the tax dollars. Higher consumption would (as economists like to say) increase the multiplier effect on the economy as a whole. Most worrisome is that because of the Trump policy error, he may well have politically discredited the use of fiscal policy as a lever to combat recession. One can easily imagine that the next time anybody suggests more fiscal stimulus, the deficit scolds are almost certain to argue that this was tried before (by Trump) and proved wanting, and besides, “we can’t afford it,” which is nonsensical.

And of course, the other point to bear in mind is that some 10 years after the great financial crisis of 2008, we still have lower employment participation rates, which is to say we have fewer people who are either employed or are actively looking for work in the economy as a whole (in part because they have become discouraged about their employment prospects), and a higher “casualization” of labor (i.e., the so-called “involuntary part-time” group, who generally work without the security of a long-term contract, and corresponding benefits such as health care). A recent study by the San Francisco Federal Reserve (written before the April employment data became available, but still relevant) highlightsthat:

“[I]nvoluntary part-time work was running nearly a percentage point higher than its level the last time the unemployment rate was 4.1%, in August 2000. This represents about 1.4 million additional individuals who are stuck in part-time jobs. These numbers imply that the level of IPT work is about 40% higherthan would normally be expected at this point in the economic expansion.”

This goes a long way toward explaining why wage pressures remain strikingly subdued, indeed, the most convincing empirical evidence suggesting that the labor market in the U.S. is not nearly as robust as the payroll figures imply.

So the BED report may have much broader ramifications for us, especially as the Federal Reserve continues to raise interest rates and calls mount from congressional deficit hawks, such as House Speaker Paul Ryan, to adopt a “more responsible” fiscal posture (for “fiscally responsible,” read: “austerity”). These warnings are based on the same view that the economy is rapidly growing to full capacity and is likely to encounter inflationary bottlenecks.

Lots More: https://www.nakedcapitalism.com/2018/05/the-u-s-is-not-at-full-employment-dont-believe-the-trump-administrations-hype-to-the-contrary.html
36   WarrenTheApe   ignore (0)   2018 May 12, 10:40am   ↑ like (0)   ↓ dislike (1)   quote        

Feux Follets says
When Barry had great employment number

He never had a 'great' unemployment number. And this isn't about unemployment. This is about job openings. Please stick to the topic.
37   WarrenTheApe   ignore (0)   2018 May 12, 10:42am   ↑ like (0)   ↓ dislike (0)   quote        

Feux Follets says
I would like to agree - if - the cuts for the middle class and below were no a par with the tax cuts for business and 1% and then of course didn't expire in 10 years while the other's remain.

How does printing from the Fed equate to you're rehashing Nancy Pelosi "crumbs for Americans" upper class snobbery?
38   Feux Follets   ignore (1)   2018 May 12, 10:57am   ↑ like (2)   ↓ dislike (0)   quote        

WarrenTheApe says
And this isn't about unemployment. This is about job openings. Please stick to the topic.


WarrenTheApe says
How does printing from the Fed equate to you're rehashing Nancy Pelosi "crumbs for Americans" upper class snobbery?


Fishing not going well today ?




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