- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: The US economy gained 236,000 jobs in March
Posted on 4/7/23 at 11:35 am to Klark Kent
Posted on 4/7/23 at 11:35 am to Klark Kent
Do you do anything but melt about the five people that don't agree with the masses on everything on this board?
2
Posted on 4/7/23 at 11:43 am to RLDSC FAN
quote:
Wage growth: +4.2% --> down from 4.6% in Feb.
I know it is touted as a bad thing when there isn’t wage growth.
But having wage growth still at 4.2% is still a bad sign for future inflation in my opinion.
Wage growth is an engine for future inflation. It burns hot and it burns for a long time. All business expenses wind up as an increase to the consumer. Which in turn spurs additional wage growth (employees have to actively look for higher paying jobs to pay the same bills. Inefficiencies in wage markets drive up wage income in certain sectors which drive up wage income in sectors that were originally operating efficiently).
To put it bluntly, if everyone makes an additional 4.2%, then no one makes an additional 4.2%.
And when Waffle House is starting wages at $20/hr, that trickles up and across all sectors (even ones where labor/management were previously in balance).
Posted on 4/7/23 at 11:54 am to mattz1122
ohhh, hey little buddy.
nope, that’s it and that’s all! i’m not nearly as edgy and cool as you, sorry.
nope, that’s it and that’s all! i’m not nearly as edgy and cool as you, sorry.
This post was edited on 4/7/23 at 11:55 am
Posted on 4/7/23 at 11:56 am to meansonny
quote:
But having wage growth still at 4.2% is still a bad sign for future inflation in my opinion.
Wage growth is an engine for future inflation. It burns hot and it burns for a long time. All business expenses wind up as an increase to the consumer. Which in turn spurs additional wage growth (employees have to actively look for higher paying jobs to pay the same bills. Inefficiencies in wage markets drive up wage income in certain sectors which drive up wage income in sectors that were originally operating efficiently).
You are spot on with your analysis and unless we have an depression type event in the US there is no way for those wage inflation to get back into check other than rapid automation across all job sectors.
This post was edited on 4/7/23 at 11:57 am
Posted on 4/7/23 at 12:00 pm to bayouvette
Lies, lies and more lies.
Massive layoffs ALL over the country and in every industry. Record consumer bankruptcy filings have suddenly surfaced too.
Massive layoffs ALL over the country and in every industry. Record consumer bankruptcy filings have suddenly surfaced too.
Posted on 4/7/23 at 12:03 pm to RLDSC FAN
To summarize the OT
-It’s not true!
-if it is true it’s actually bad!
-It’s not true!
-if it is true it’s actually bad!
Posted on 4/7/23 at 12:08 pm to Cocotheape
quote:
To summarize the OT
-It’s not true!
-if it is true it’s actually bad!
Its weird to see people openly cheer for their perceived demise. I dont think they know what that will entail.
Posted on 4/7/23 at 12:12 pm to RLDSC FAN
quote:
Hospitality: +72,000
Gov't +47,000
Biz: +39,000
Healthcare +34,000
Social aid +17,000
Retail -14,600
Warehousing -11,800
Construction -9,000
Real estate/leasing -7,200
Manufacturing -1,000
This is the exact opposite of what you want to see in a healthy economy. Thanks for the info, very damning news the direction and corrosion of this country especially with high inflation and detioration of the petro dollar.
Posted on 4/7/23 at 12:21 pm to Lakeboy7
quote:
Its weird to see people openly cheer for their perceived demise. I dont think they know what that will entail.
maybe, just maybe.
if our elected leaders and the media would actually be transparent about the state of the economy, regardless of political side. and then make suggestions, or heaven forbid, lay forth a solution to turning things around. then maybe, just maybe folks would have a little more optimism.
but that ain't going to happen is it?
Posted on 4/7/23 at 12:21 pm to BlackPawnMartyr
quote:
detioration of the petro dollar
WTF is all this about?
What, yall all expecting folks go use the less manipulated *checks notes* Renminbi?
Posted on 4/7/23 at 12:32 pm to RLDSC FAN
quote:
Construction -9,000
quote:
Manufacturing -1,000
This is dismal. That is not how you strengthen an economy.
Posted on 4/7/23 at 12:34 pm to RLDSC FAN
Are we building back better?
Posted on 4/7/23 at 12:53 pm to PUB
quote:
Massive layoffs ALL over the country and in every industry.
Do some of you ever leave your parents' house?
This post was edited on 4/7/23 at 1:14 pm
Posted on 4/7/23 at 1:05 pm to SwampGar
quote:
lol, this is seemingly good news, as of now. So, you are a Biden supporter then, yeah?
quote:wut
So, you are a Biden supporter then, yeah?
Posted on 4/7/23 at 1:08 pm to PUB
quote:
Massive layoffs ALL over the country and in every industry.
quote:
by PUB
Posted on 4/7/23 at 1:20 pm to Tmcgin
quote:
Can't be true the poli board said were tanking and all the Bama posters are never wrong...they say
No..:the Poli board forecasts 6 months to 2+ years ahead…and have been CORRECT.
Buckle up buttercups.
Posted on 4/7/23 at 1:26 pm to Tmcgin
quote:
Can't be true the poli board said were tanking
and all the Bama posters are never wrong...they say
Bet you also have your head in the sand about the recession. You are the epitome of the CNN field reporter standing in front of the burning building in MN as he says “most peaceful protest”.
Posted on 4/7/23 at 1:37 pm to ABearsFanNMS
shhh......mattzyx gonna be mad.
This post was edited on 4/7/23 at 1:51 pm
Posted on 4/7/23 at 1:43 pm to saint tiger225
quote:
The majority of those layoffs have been in tech or others who had a hiring surge during covid. Most are just laying off the people the overstaffed with.
The number of people with 2nd jobs has gone up by 14 percentage points under Bidcen. You may look it up.
This post was edited on 4/7/23 at 1:47 pm
Posted on 4/7/23 at 1:45 pm to mattz1122
quote:
Do you do anything but melt about the five people that don't agree with the masses on everything on this board?
Whine louder.
Page 3 of 4
Popular
Back to top
Follow TigerDroppings for LSU Football News