Sleepy Joe created a disaster . Millions of job openings nobody will work

Discussion in 'Economics' started by SammyJ, Mar 20, 2021.

  1. SunTrader

    SunTrader

    LMAO. Yeah ok what does yahoo know. MV "Ever Given" is stuck in the Suez not in Denial.

    5 signs the labor market is set to blast off

    https://finance.yahoo.com/news/5-signs-the-labor-market-is-set-to-blast-off-172355233.html

    Snippet:

    In a note this week, Renaissance Macro Research's Neil Dutta outlined five bullish indicators that indicate the labor market “really is picking up steam right now,” as vaccinations ramp up and temperatures warm up — along with the economy.

    “I would guess that we see jobs growth at least over one million in March,” Dutta wrote. “The current consensus is around 550,000 though only 11 folks have their estimates into Bloomberg. I would take the over.”
     
    #151     Mar 26, 2021
  2. The US economy ALWAYS does better under the Democrats. Always!
     
    #152     Mar 27, 2021
    piezoe and TrailerParkTed like this.
  3. newwurldmn

    newwurldmn

    Unemployment should be at 4.5 percent now! The author is just saying the economy is opening up. That’s obvious. And obviously the unemployment rate will fall at the end of the year after the enhanced unemployment ends.

    You seem to be ignoring the two FRED charts that show open jobs and unemployment at inconsistent levels to the past. Those charts don’t tell a thousand words, they tell several million.
     
    #153     Mar 27, 2021
  4. SunTrader

    SunTrader

    You keep ignoring that they are months behind what ... IS happening now.
     
    #154     Mar 27, 2021
  5. newwurldmn

    newwurldmn

    The data is one month behind. And the gap has never been this wide in the past.
     
    #155     Mar 27, 2021
  6. newwurldmn

    newwurldmn

    “we can’t find workers” is actually a legitimate excuse for missing delivery dates now. It’s happening through our entire supply chain.
     
    #156     Mar 27, 2021
  7. SunTrader

    SunTrader

    Now so quick to reply back you are replying to your own post .... 2 minutes later.

    Give it a break. Better yet I will, by clicking the stop following this thread button.
     
    #157     Mar 27, 2021
  8. newwurldmn

    newwurldmn

    I don’t follow any threads except the joke one.

    yeah. I replied to my own post. That was intentional as I was expanding on my point.

    Have you no other argument except “you replied to your own post?”
     
    #158     Mar 27, 2021
  9. Math_Wiz

    Math_Wiz

    Robots will fix robots. One robot will fix 1000 robots. But then you still need 1000 robots to fix 1,000,000 robots, right? Correct. But one robot can then fix those 1000 robots. So basically you need one person in the whole United States to fix one robot, who then goes out and fixes 1000 robots, who each then fix 1000 more robots. So how many jobs will there be in fixing robots in the future. Perhaps just one, lol.
     
    #159     Apr 2, 2021
  10. Math_Wiz

    Math_Wiz

    Come back with your numbers in a year.
     
    #160     Apr 2, 2021