U.S. labor market is ‘getting closer and closer to full employment,’ economist says

#US #Labor #Market
The Conference Board Chief Economist Dana Peterson joins Yahoo Finance Live's Brian Cheung and Akiko Fujita to discuss the February jobs report.
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[jeno]

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[noveleden]

How does this make sense with homelessness and the amount of.people leaving work? This seems very disturbingly dishonest.

[Ghaleon]

that's funny.. why are all my friends living off unemployment still then?

[bornwin]

Its not about the resignation. Its about what jobs are available on the market. I am talking about my personal experience in CA: you are applying for permanent position but do receive a response from temp agency about 3 weeks temp assignment (max) without benefits and with the pay that would not even allow you to have enough to pay rent. Moreover, I personally run into scenario when one of the job offers resulted in bunch of emails from recruiters from India demanding the copy of my passport and SSN to be sent via email. In addition, I also had a call where the recruiter from India told me that “Its not your job to know how much client will pay - your job is to go and work”. To share more, at my last job of 14 years I used to make $68K + benefits. Now the same job in California is ranging from $35-45K without benefits and turns out to be a temporary assignment. I understand that temporary jobs are more comfortable for government to have because jobs report looks better with huge number. Maybe this case is only applicable to California where Democrats do have voters already - and now its their wish to keep Republican-led states happy prior to elections. But I hope government understands that sooner or later the truth will come out and truth always prevails.

[goochpunchtickles]

Sketchy data. People in my area are applying for jobs, get through orientation, then ghosted by the employer. Starbucks is one of many doing this.

[dayneholt]

Retired on fixed income inflation hurts now and will only get worse.

[thebluechipinvestor]

And yet the Fed is still printing. We need a Volcker now to stomp inflation!

[chuongnguyen]

Prepare for the collapse guys. They are promoting it. Full employment imao means raise interest. Imao. They are working hard for it.

[egarza]

Trump to leave office with the worst jobs record since Herbert Hoover
by Lance Lambert Jan. 11, 2021 Fortune

[lifewealth]

I wanted to trade in Crypto but got confused by the fluctuations in price

[egarza]

"In many cases, I probably identify more as Democrat." "It just seems that the economy does better under the Democrats than the Republicans" - Trump quote

S&P 500
1. Reagan +118%
2. Clinton +210%
3. Bush jr. -40%
4. Obama +182%
5. Trump +67%

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