Jobs report

[LouderVol]

Thanks for the heads-up. :hi: I pity the good folks of Atlanta.

I don't, slowly cleaning the city up. Place was a mess before I moved down here.

 

[Roustabout]

Look at skin's post in this thread. He is complaining about us older folks working. I believe that is the only post I have ever read on VN complaining about people actually working.

And do you know why he's complaining? Because companies do NOT want to hire Gen Y and millennial. I speak from experience. Companies would rather hire a 50 or 60 year old because of worth ethic and communication skills.

I recently offered some millennial's a chance to earn $15 an hour on a landscape project. When they found it was labor, they wouldn't touch. I end up with two guys over 50 who worked like rented mules.

 

[hog88]

And do you know why he's complaining? Because companies do NOT want to hire Gen Y and millennial. I speak from experience. Companies would rather hire a 50 or 60 year old because of worth ethic and communication skills.

I recently offered some millennial's a chance to earn $15 an hour on a landscape project. When they found it was labor, they wouldn't touch. I end up with two guys over 50 who worked like rented mules.

Companies haven't gotten their 2015 health care renewals yet.

Had our meeting with our broker Wed. old people rates are through the roof.

 

[Carl Pickens]

Companies haven't gotten their 2015 health care renewals yet.

Had our meeting with our broker Wed. old people rates are through the roof.

What firm is your broker with hog?

 

[hog88]

What firm is your broker with hog?

Employee Benefits out of Brentwood.

 

[Carl Pickens]

Employee Benefits out of Brentwood.

Business owners and employees are going to freak when they see their rates

 

[hog88]

Business owners and employees are going to freak when they see their rates

Yep.

Not as bad as I thought it would be but it will sure make an employer think twice before hiring anyone over 40. If you pay the employee portion.

 

[Velo Vol]

 

[orangeluvr]

And do you know why he's complaining? Because companies do NOT want to hire Gen Y and millennial. I speak from experience. Companies would rather hire a 50 or 60 year old because of worth ethic and communication skills.

I recently offered some millennial's a chance to earn $15 an hour on a landscape project. When they found it was labor, they wouldn't touch. I end up with two guys over 50 who worked like rented mules.

Those darn liberals expect handouts !

 

[Velo Vol]

 

[hog88]

Workforce participation rate comparison?

 

[Weezy]

The unemployment calculation changed in 1994. It's probably included in that, but just fyi.

Current Population Survey - Wikipedia, the free encyclopedia

 

[VolsNSkinsFan]

Workforce participation rate comparison?

RR had months where the economy added 800k jobs in a month and this was in the 80s. We can barely crack 200k w/ today's larger population

 

[Ernest T. Vol]

Jobs Friday: Up 214,000 jobs for October. Wall Street estimates were for 231,000. Unemployment rate dropped to 5.8%, the lowest rate since July 2008. The labor force participation rate rose just slightly to 62.8% from 62.7%.

 

[Velo Vol]

The Obamacare Depression continues.

US created 321K nonfarm jobs in Nov vs 230K est; jobless rate at 5.8% vs 5.8% est

Job creation surged in November, with the U.S. economy adding a dazzling 321,000 positions though the unemployment rate held steady at 5.8 percent.

Economists were expecting 230,000 new nonfarm payrolls jobs for November, with the unemployment rate holding steady at 5.8 percent. The reported number for October was revised higher to 243,000 jobs.

 

[VolsNSkinsFan]

Number sure is impressive under a Republican controlled Congress

 

[Ernest T. Vol]

Jobs Friday: Up 321,000 jobs in November. Largest increase since January 2012. Expectations were for 230,000 jobs. The unemployment rate unchanged at 5.8%. The labor force participation rate also remained unchanged at 62.8%. Hourly earnings rose more than expected. Fed may raise rates faster/earlier now.

 

[Weezy]

The Obamacare Depression continues.

US created 321K nonfarm jobs in Nov vs 230K est; jobless rate at 5.8% vs 5.8% est

Wage growth. They still aren't seeing any, but there are signs that it's trending up. That's good. If we start to see wage growth, then I'll start trusting the UE numbers. Means the slack is starting to be taken out.

 

[lawgator1]

Number sure is impressive under a Republican controlled Congress

I laughed.

 

[W.TN.Orange Blood]

I laughed.

Yeah, the article says only 4,000 more Americans at work for the month....according to the houehold survey. The total unemployment level rose by 115,000.

 

[SpaceCoastVol]

Wage growth. They still aren't seeing any, but there are signs that it's trending up. That's good. If we start to see wage growth, then I'll start trusting the UE numbers. Means the slack is starting to be taken out.

His policies are WORKING!!!! They are WORKING I tell you.



Of course at the rate of growth, I'll be dead for 50 years before there is anything meaningful.


Hopey Changey!

 

[Ernest T. Vol]

Obamacare employer mandate starting in January and will be a lot of piss on the fire.

 

[Gramps]

Number sure is impressive under a Republican controlled Congress

It is called Obamanomics.

 

[theFallGuy]

Obama is getting everyone part time jobs at McDonald's being paid $25 an hour with taxpayer funded healthcare. What a sweet deal. No more college for anyone.

 

[mrorange211]