tag:blogger.com,1999:blog-3758330678390419129.post7065379325194568673..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Jobless Claims Near 43-Year LowRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-3758330678390419129.post-23742494446888502632017-01-20T18:10:05.434-05:002017-01-20T18:10:05.434-05:00Geeze Bob, don't you know the illegals took al...Geeze Bob, don't you know the illegals took all the good jobs? /sarc<br /><br />I look at it this way. If there is a low labor force participation and low unemployment, the people who aren't participating in the job market have to be finding some way to feed themselves. If they aren't on the street and they aren't looking for a job, how hard-up for cash can they be?Dhttps://www.blogger.com/profile/07011856643664793898noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-20184782925570925142017-01-19T22:51:38.978-05:002017-01-19T22:51:38.978-05:00So you want me to now look at everyone's job a...So you want me to now look at everyone's job and determine if it is a good job? How much more of a central planning mentality can you get?<br /><br />I look around and see all kinds of marvels from smart phones to cheap flat TVs and cheap laptops and Uber rides, and think the economy has advanced remarkably in the last few years. These are products that everyone can afford. What marvels do Robert Wenzelhttps://www.blogger.com/profile/14296920597416905488noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-1898183935549127712017-01-19T21:25:13.397-05:002017-01-19T21:25:13.397-05:00I always like it how no one ever talks about the q...I always like it how no one ever talks about the quality of all these jobs people are getting. Funny how NO statistical comparison to living wage based on the rampant shadow inflation is nowhere to be seen in these good news statistics! <br /><br />If your 3 jobs isnt enough to allow you independent living out on your own what REALLY is the quality of THAT employment. <br /><br />Since everyone Shegottawideloadhttps://www.blogger.com/profile/16752677440246325222noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-73698287097884323832017-01-19T16:55:15.971-05:002017-01-19T16:55:15.971-05:00The trend is identical regardless - https://fred.s...The trend is identical regardless - https://fred.stlouisfed.org/series/U6RATE Danger Pioneerhttps://www.blogger.com/profile/15978715863845118886noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-74551621674546689622017-01-19T16:48:12.550-05:002017-01-19T16:48:12.550-05:00Just what causes you to spout such nonsense? I hav...Just what causes you to spout such nonsense? I have addressed the labor participation rate topic several times:<br><br /><br><br /><a href="http://www.wenzelnotes.com/2016/06/labor-participation-rate.html" rel="nofollow">http://www.wenzelnotes.com/2016/06/labor-participation-rate.html</a><br><br /><br />Further, you are denying the basic law of supply and demand economics if you think individualsRobert Wenzelhttps://www.blogger.com/profile/14296920597416905488noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-61572998259416910652017-01-19T15:07:08.052-05:002017-01-19T15:07:08.052-05:00Jason, I've already asked these questions. Wen...Jason, I've already asked these questions. Wenzel doesn't really like the question. His response if I remember correctly was to state that the people who left the labor market are probably on government benefits of another sort, other than unemployment benefits. <br />It would seem to me, using Government provided data to show jobless claims are low is like spreading their own propaganda Robhttps://www.blogger.com/profile/10823524269755609270noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-77141149664502224022017-01-19T13:26:32.181-05:002017-01-19T13:26:32.181-05:00Sincere question here - Is there a relationship wi...Sincere question here - Is there a relationship with the declining labor participation rate? <br /><br />The labor force participation rate has been declining steadily since 2008 (from approx. 66% in 2008 to below 63% in 2016...rates not seen since 1978).<br /><br />To me this indicates a large number of people leaving the labor market. I am also assuming this to mean that many of those have Jasonhttps://www.blogger.com/profile/13124248234721430072noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-64672288763498516642017-01-19T13:22:57.014-05:002017-01-19T13:22:57.014-05:00no, but it's starting to look like it may be a...no, but it's starting to look like it may be approaching the end of a non-recession. Add to that the goofy trump affect exuberance, and it could get ugly quick.Anonymoushttps://www.blogger.com/profile/16807090975131842483noreply@blogger.com