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pchang is offline pchang
King
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Aug 1999
time: 05:32
  Old Post 01-04-2005 20:23
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Let the good times roll??? Oh, well...... Support Apolyton buy from Amazon

US Payrolls only register half the expected increase. Only 110,000 net jobs created.

Skywise is offline Skywise
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Jan 2002
time: 05:32
  Old Post 01-04-2005 20:25
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And you're surprised? I am not.

Spec.

pchang is offline pchang
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  Old Post 01-04-2005 20:34
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Actually I am. I have received 3 job offers in the past 3 weeks from companies wishing to hire me away from my current job. And similar things have been happening to my peers. While it hasn't gotten crazy (like during the dot com boom), I took it as a sign that companies were definitely expanding their payrolls.

Skywise is offline Skywise
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  Old Post 01-04-2005 20:37
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Yes but this is US payrolls. Not thec payrolls. Machines and robots are taking many jobs and also we are in the 13th year of the 10 year curve. Employers and corporations are somewhat careful because the economy, if we look at the last 100 years, is suppossed to come to a halt soon enough. But nobody know when.
Just let the interest rates go up and the economy ll start to slow down.

Spec.

pchang is offline pchang
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  Old Post 01-04-2005 20:39
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I live in the US - what is thec????

Skywise is offline Skywise
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  Old Post 01-04-2005 20:39
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quote:
Originally posted by pchang
I live in the US - what is thec????


Technology.

Sorry for the typo.

I ment tech.

DanS is offline DanS
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Jan 1970
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  Old Post 01-04-2005 20:43 Visit DanS's homepage!
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But hey, the unemployment rate went down to 5.2%. That's the only news that counts for some here.

pchang is offline pchang
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  Old Post 01-04-2005 20:47
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Yes, but for the non-innumerate:

Our best estimates for growth in working population per month is about 150,000

Net Payrolls only went up 110,000

True unemployment must have increased by 40,000

Kidicious is offline Kidicious
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Diety of Kidiverse
Mar 2003
time: 21:32
  Old Post 01-04-2005 20:47 Visit Kidicious's homepage!
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quote:
Originally posted by pchang
US Payrolls only register half the expected increase. Only 110,000 net jobs created.


That's why you don't just look at one month.

Oh, and I'm glad you are getting job offers. Maybe you should hold out until things get really tight.

btw, what is your occupation?

pchang is offline pchang
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  Old Post 01-04-2005 20:49
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quote:
Originally posted by Kidicious


That's why you don't just look at one month.

Oh, and I'm glad you are getting job offers. Maybe you should hold out until things get really tight.

btw, what is your occupation?


I already have a job - If I accepted one, it would not create a net increase in payrolls

I am a Systems Engineer with expertise in the following areas: client server applications, tcp/ip networking, and tcp/ip network security

Kidicious is offline Kidicious
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  Old Post 01-04-2005 20:53 Visit Kidicious's homepage!
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Well ask your employer for a raise, or wait until things heat up to.

pchang is offline pchang
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  Old Post 01-04-2005 21:01
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Believe it or not, I think I have enough money. What I really want is a reduction in my travel schedule.

Kidicious is offline Kidicious
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  Old Post 01-04-2005 21:06 Visit Kidicious's homepage!
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quote:
Originally posted by pchang
Believe it or not, I think I have enough money. What I really want is a reduction in my travel schedule.


Wha... ? You won't do more work for more money.

Japher is offline Japher
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Jun 2002
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  Old Post 01-04-2005 21:10
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In the corporate world you do less for more money..

Kidicious is offline Kidicious
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  Old Post 01-04-2005 21:13 Visit Kidicious's homepage!
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quote:
Originally posted by Japher
In the corporate world you do less for more money..


We'll have to see how successfull pchang is at reducing his travel schedule. Will he be able to get a raise too?

chegitz guevara is offline chegitz guevara
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  Old Post 01-04-2005 21:14 Visit chegitz guevara's homepage!
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The economy will be good when I get a job. Until then it sucks.

Kidicious is offline Kidicious
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  Old Post 01-04-2005 21:16 Visit Kidicious's homepage!
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That's probably a good measure.

pchang is offline pchang
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  Old Post 01-04-2005 21:17
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quote:
Originally posted by chegitz guevara
The economy will be good when I get a job. Until then it sucks.


Read a book. Teach Yourself Routing in 24 Hours would probably be a good start.

Kidicious is offline Kidicious
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  Old Post 01-04-2005 21:19 Visit Kidicious's homepage!
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But then how would we tell when the economy is back on track?

pchang is offline pchang
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  Old Post 01-04-2005 21:20
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We can always track it by when you get a job.

Kidicious is offline Kidicious
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  Old Post 01-04-2005 21:22 Visit Kidicious's homepage!
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quote:
Originally posted by pchang
We can always track it by when you get a job.


I'll be in college for another year and change. I hope things are already hot by then. I hear they are for Accountants right now though.

pchang is offline pchang
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  Old Post 01-04-2005 21:24
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There is a growing demand for accountants with expertise in workers comp.

Flubber is offline Flubber
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Aug 2000
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  Old Post 01-04-2005 21:26
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quote:
Originally posted by Kidicious


Wha... ? You won't do more work for more money.



Not suprising. People turn down more lucrative work all the time.

I actually feel similar to pchang . . . Don't care that much about extra money as i do about getting time off.

Kidicious is offline Kidicious
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  Old Post 01-04-2005 21:28 Visit Kidicious's homepage!
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quote:
Originally posted by Flubber
Not suprising. People turn down more lucrative work all the time.

I actually feel similar to pchang . . . Don't care that much about extra money as i do about getting time off.


That's why I always confront people who say that lowering taxes for the upper income workers gets them to work more.

pchang is offline pchang
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  Old Post 01-04-2005 21:30
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No, but it would get me to invest more which would in turn, create more jobs.

chegitz guevara is offline chegitz guevara
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  Old Post 01-04-2005 21:31 Visit chegitz guevara's homepage!
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quote:
Originally posted by pchang
No, but it would get me to invest more which would in turn, create more jobs.


So would spending more money.

pchang is offline pchang
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  Old Post 01-04-2005 21:32
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If my taxes were lowered, I would spend more money too.

Kidicious is offline Kidicious
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  Old Post 01-04-2005 21:35 Visit Kidicious's homepage!
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quote:
Originally posted by pchang
No, but it would get me to invest more which would in turn, create more jobs.


Not necessarily. There are a few more steps before jobs are created. Increased business investment doesn't just occur because there are funds available.

Flubber is offline Flubber
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Aug 2000
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  Old Post 01-04-2005 21:43
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quote:
Originally posted by pchang
If my taxes were lowered, I would spend more money too.


I can agree with this one. If you leave more money in my hands, I tend to spend and consume more. Now this is money that the government does not have to use and spend so its not all benefit to a society.


But I can say that a lower tax environment does attract business and more skilled workers. The result CAN be that government takes a smaller slice of a larger pie.

Consider Alberta . . . Paying 8% less on every purchase and probably 4-7% less in income taxes means that more people want to live here.

pchang is offline pchang
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  Old Post 01-04-2005 21:58
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quote:
Originally posted by Kidicious


That's why you don't just look at one month.



In 2004

2.2 million net jobs created

150,000 x 12 = 1.8 million net jobs needed to keep up with population growth

True unemployment fell 400,000 for the year.

 
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