Posted on 12/03/2022 3:10:01 PM PST by MinorityRepublican
The Labor Department’s November jobs report on Friday certainly didn’t make the Federal Reserve’s anti-inflation task any easier. Strong job and wage growth suggests demand for workers still exceeds the supply, and inflation is still too high.
Employers added 263,000 jobs last month though gains were revised down by 23,000 during the previous two. Private payrolls increased by 221,000 with hiring broad-based, including in leisure and hospitality (88,000), healthcare (45,000), construction (20,000), media and tech (19,000), manufacturing (14,000) and real estate (13,000). There’s no sign of a recession in this jobs data.
Retail lost 30,000 jobs, probably owing to spending shifts to services from goods, which was bound to happen as the pandemic faded. Workers who lose jobs in department stores are finding them in other places. Notwithstanding reports of layoffs in Silicon Valley, plenty of businesses are hiring.
The problem is they still can’t find enough workers. The civilian labor force on the household survey shrank by 186,000 last month while the participation rate ticked down 0.1 percentage point to 62.1%. As a result, the unemployment rate stayed flat at 3.7%. Labor force participation remains significantly down from 63.4% before the pandemic.
(Excerpt) Read more at wsj.com ...
Good for them. Well done
A bit late for breakfast.
I worked with a woman once who just wanted to be treated like one of the guys.
When we did she accused us of harassment.
Real estate is more often than not a hobby rather than a job.
I have three. College football coach, technical recruiter, and biochemistry lab.
As an old male worker I can tell you that years of telling young men they are rapists, stupid, racist, and no wanted or needed it’s no surprise that many are Going Galt in their own way. Screw the society that denigrates you, drop out, go on relief and take the system for all it’s got.
Ask Karl Denninger where they are.
True that.
Two thumbs up.
Blue collar white dudes aren’t used to complaining in general. Well, maybe a little bit, but not about work, at any rate. ;)
South Street?
Being replaced.
Mine is a beast of an electric lineman - makes more money than my management jobs pays, and he gets to work with serious dudes. No latte breaks for those guys.
You've put the finger on how Elon Musk could fire such a huge percentage of the employees and keep the lights on at Twitter. The fired employees were unproductive, woke fluff that did nothing for the efficiency of the platform. Musk pushed hard to see who could produce and cut the unproductive.
“Dropping dead from the Vaxx shots.”
The Vaxxxxxx is a factor. It is messing up minds and harming people physically to where they cannot work//// Or is makes them very work shy. They cannot handle commuting and reporting to a job site and putting in an 8-10-12 hours day. To repeat >>> I blame The Vaxxxx effect on minds and bodies.
The work from home movement is also a symptom of Vaxxxx injuries. They cannot handle commuting to work.
Now look at who has been streaming into America, over the Mexican border. The un-Vaxxxed millions. Replacement battalions.
So they’re undocumented pharmacist
And they were work from home scammers too. They were getting paid for shucking and jiving at home, for taking bubble baths, and having zoom meetings. And writing reports in full colors.
NOTE>> Coders can work from home. Coding can be a legitimate work from home job. At twitter or any company.
Racking up Federally sponsored loans that will never be repaid. That these awful students (many black and minority) have no intention of ever paying off. It is Reparations.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.