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Rap Sheet

Author:

LongTerm CapGains

Subject:

Off Topic

Date:

12/15/15 at 1:59 PM CST

 

 

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A Jobs Study

This report states the economy needs another 6M jobs created to call it a full recovery. States there are 2 more-million-part time jobs now than there were before the crisis. 

I think what is indisputable is the fact that we have a lot of folks who are not employable, or can only do very low level jobs and wages have lagged severely for decades, hopefully this improves somewhat over the next few years.  The rise in wages is beginning but it is not accelerating as we would like it to.  There are a lot of structural issues that linger.

finance.yahoo.com/ne...8.html

 

Where are those jobs going to come from? Manufacturing and blue collar jobs have been disappearing, unlikely to return. I'm sure Amazon, McDonals and Walmart etc. are experimenting with robots to cut out more jobs. Healthcare I guess, as that monstrosity drains whatever money people have left. That's where the savings in cheaper gas has gone imo. It obviously hasn't gone to retail sales. It's gone to rising healthcare costs I think, a trend that shows no sign of abating.


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Author:

Jester Debunker

Subject:

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Sentiment:

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Date:

12/15/15 at 2:50 PM CST

I too wonder where these jobs would come from.  Corporations loath hiring, they are adding on a need basis, and then only for must fill jobs. Now that we are in the midst of a profit recession, good luck with that. They will continue to offer temp work to get by.  We have a problem with folks who have no skills, I tend to think they are a lost generation.  We must figure out a way to enable everyone to get a profession or a technical skill.  Ditto for future generations.

The Germans have done it. For kids that do not go to college, they get apprenticeships that teach them technical skills. I think they currently have the lowest unemployment ever.   Why can't we learn from other countries?

As to Medical, we all know medical inflation continues to outstrip the ability of people to afford it.  Costs are being passed on to workers.  Small companies are only providing the very basic and only for the employee, not the family.  If you happen to work for a small company and want to insure your wife and kid, be ready to shell out hundreds of dollars a month for their coverage.  Most countries have Healthcare socialized, spend a fraction per capita than we do, but we hate the word "socialism", so we on bankrupting families and the government itself.

But we go on pretending our health care system is the best in the world (for those who can afford it), ask those without it or with high levels of medical debt, see what they say. 


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Author:

LongTerm CapGains

Subject:

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Date:

12/15/15 at 3:41 PM CST

Re Jobs: The divide is not exclusive to the one percent, it is the most obvious and it is enormous of course.  Those with high demand and high wage skills are also benefiting and moving up and away from the rest in the USA.  This group of workers is highly mobile; they are able to quit jobs to go where pay or benefits or both are better.  Over one million jobs go unfilled because they require a high level of skills, there is no lack of high end jobs.

The one percent gets all the headlines, but in truth, the divide starts with the upper middle class, everyone else is being left behind. 


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Author:

LongTerm CapGains

Subject:

Off Topic

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Date:

12/15/15 at 4:32 PM CST

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