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Old 01-03-2017, 03:16 PM  
Barry-xlovecam
It's 42
 
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Join Date: Jun 2010
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Posts: 18,083
1. create is not a NEW HIRE in auto union lingo.
Moving a worker from the old plant to the new plant is not a new hire. It's vacating the old job and getting a new job with the same employer.


123,688,600 was the net employment gain in the 12 mos ending Nov, 2016

So, the 145K number is for a larger employment rate. We are at <5% statistical employment

"The national unemployment rate was 4.6 percent in November, down from 4.9 percent in October, and 0.4 percentage point lower than in November 2015."

We are at full employment. You can argue until you are blue in the face that the jobs are no good ... You need to replace what jobs can be replaced by automation to have the workforce to move into new jobs. The people that are not working now are the hard core unemployed or those that don't want to work (or retired). Some are in limbo looking for new jobs. Getting rid of street sweeping machines and putting welfare recipients on the street with brooms is not going to be economically advantageous.

The economy will not grow without new workers. Those new workers will be machines.

Most of this is just a bag of shit brought to you by the media and the politicians.
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