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General Boards => PolitiVOL => Topic started by: PirateVOL on August 07, 2015, 10:25:46 EDT



Title: More people giving up and leaving the job market
Post by: PirateVOL on August 07, 2015, 10:25:46 EDT
(http://s2.legalinsurrection.com/wp-content/uploads/2015/08/Jobs-Report-July-2015-Stopped-Looking-Chart-with-Border-e1438959445493.png)


Title: Re:
Post by: SmokeyJoe on August 09, 2015, 09:57:06 EDT
Maybe that is because employers mostly pay poverty wages anymore? Why bother?

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Title: Re:
Post by: PirateVOL on August 10, 2015, 03:50:11 EDT
Maybe that is because employers mostly pay poverty wages anymore? Why bother?

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Yep, the morons in Seattle, San Francisco and other places are figuring that out - raise minimum wage to unrealistic levels and BOOM = UNEMPLOYED
You might consider reading up on margins sometime ...
Oh and the absolutely bullshizzle requirements of obamacare ...

When I went from the government side of the business to the private sector side is was an eye opening experience (BTW, the reason I switched is the government is absolutely fizzleing CLUELESS on labor force value, which might explain why the military and civil service personnel systems are run so fizzleing well :rolleyes:

BTW, you do know the difference between U3, which is the usual estimate used in news reports and U6, which is a more realistic estimate (includes the data from the chart above)?