Are private sector jobs market heading in the right direction ?
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Are private sector jobs market heading in the right direction ?
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When we start gaining more jobs then we're losing, then we'll be heading in the right direction. As long as we lose more jobs then gain, we're just heading down.
No, he wants us to say that losing fewer jobs then before means things are better. But as Moo showed before with man hours lost, as long as we are still in negative growth things are just getting worse. May not be getting worse as fast, but it is not getting any better.
My apologies malloc. I knew the person who made that post started with an M. :p
A Positive growth that is too low would still not be good enough. You have to be able to employ new people getting out of school and entering the work force. I can imagine there are a lot of these Rock The Vote kids that will be putting a little more thought into the next election after having their ambitions crushed by King Hopey.
No.
Initial job losses were due to the usual things: business, contraction, unfilled vacancies, and retirement. Now, there are fewer "losses" because there is no more fat to cut.
Again I must explain Stupidicus' graph in such simplistic terms that even he can understand:
Take a bucket and fill it with water. Hang the bucket on a hook and poke a hole in the bottom of it. Watch the water drain out of the bucket. Eventually there's going to be less water draining out of the bucket, right? So, does that mean that the bucket is filling up with water or does that mean that the water loss in the bucket has reached it's limit?
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