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Old 11-20-2016, 10:34 AM   #1
slapass
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Trumps biggest issue

As has been pointed out in another thread. The Labor Force Participation Rate is going to continue to decline. We will have less people working. 20 million folks are going to retire on his watch in the next few years and about equal are going to come online. We are trading experienced and trained folks for untrained and inexperienced folks.

We are not going to worry about unemployment or jobs but how to find people. He can try and redo trade agreements to keep manufactoring and deport illegals but we don't have the people now.

U.S. Jobless Claims Fall - WSJ

Lowest initial job claims since 1973.

http://www.peridotcapital.com/wp-con...-1975-2014.png

4.8% now.

Unemployment is near decade lows.

http://www.abhmuseum.org/wp-content/...oymt-chart.jpg

Black unemployment is at all time lows in some states and near decade lows overall if not at it at 8.5%.

Economists have said that we are near the peak of this economy by every standard and have been for a few years. But is this a new normal? Japan has had this for 10 years as their population is now declining and their work force has been declinging for a while.
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Old 11-20-2016, 10:35 AM   #2
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Bloody Sunday ...
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Old 11-20-2016, 10:51 AM   #3
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The Labor Force Participation Rate is an indication of a much larger problem... Our population is getting older. This means less people working. However, it also means more healthcare resources and costs, and more and more people in the work force being required to work in healthcare to take care of these people.
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Old 11-20-2016, 10:52 AM   #4
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His biggest issue is doing a job he doesn't really want to do. He's trying to figure out how to weasel out of the mess he's gotten himself into.
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Old 11-20-2016, 10:55 AM   #5
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Bloody Sunday ...



Quote:
Originally Posted by Rochard View Post
The Labor Force Participation Rate is an indication of a much larger problem... Our population is getting older. This means less people working. However, it also means more healthcare resources and costs, and more and more people in the work force being required to work in healthcare to take care of these people.
These Are the Top 10 In-Demand Jobs of 2016
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Old 11-20-2016, 11:58 AM   #6
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Add in if he deports tons of workers.
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Old 11-20-2016, 12:07 PM   #7
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As has been pointed out in another thread. The Labor Force Participation Rate is going to continue to decline. We will have less people working. 20 million folks are going to retire on his watch in the next few years and about equal are going to come online. We are trading experienced and trained folks for untrained and inexperienced folks.

We are not going to worry about unemployment or jobs but how to find people. He can try and redo trade agreements to keep manufactoring and deport illegals but we don't have the people now.

U.S. Jobless Claims Fall - WSJ

Lowest initial job claims since 1973.

http://www.peridotcapital.com/wp-con...-1975-2014.png

4.8% now.

Unemployment is near decade lows.

http://www.abhmuseum.org/wp-content/...oymt-chart.jpg

Black unemployment is at all time lows in some states and near decade lows overall if not at it at 8.5%.

Economists have said that we are near the peak of this economy by every standard and have been for a few years. But is this a new normal? Japan has had this for 10 years as their population is now declining and their work force has been declinging for a while.
After Trump takes office what are the odds of black unemployment going from an all time low to an all time high?
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Old 11-20-2016, 12:25 PM   #8
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After Trump takes office what are the odds of black unemployment going from an all time low to an all time high?
Do they count prison labor in this statistical analysis data?

If so then black unemployment might drop to a record zero percent and Trump will have accomplished what has not been done since slavery was "legal"!
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Old 11-20-2016, 12:54 PM   #9
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Trump's biggest issue is coming through with substantially everything he said he would do.

So far all I see is whining on Twitter.
"Possible" financial conflicts of interests.
And the usual suspect political operatives.

What could go wrong?
All aboard the clown bus ...

My children will manage my blind trust and live with me in the White House. WTF, does Trump think we are all idiots? My guess is that he may reconsider this sham quickly.
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Old 11-20-2016, 01:55 PM   #10
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It's not a problem when freeloaders have to get a job.
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Old 11-20-2016, 02:23 PM   #11
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It's not a problem when freeloaders have to get a job.
South Dakota & Wisconsin have 2.6% unemployment and import immigrants from Somolia & other countries to work their $26-$35 an hour jobs in their meat packing plants.

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Old 11-20-2016, 03:03 PM   #12
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The Labor Force Participation Rate is an indication of a much larger problem... Our population is getting older. This means less people working. However, it also means more healthcare resources and costs, and more and more people in the work force being required to work in healthcare to take care of these people.
Fewer people are needed in work unless you count low wage jobs. In the future, these will go as well. Even Fruit Picking will require a far smaller labour force as machines take over.

The bigger problem is the drop in taxable incomes.

Healthcare is easily covered by granting Green Cards to migrants.
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Old 11-20-2016, 03:07 PM   #13
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After Trump takes office what are the odds of black unemployment going from an all time low to an all time high?
If he succeeds in deporting or making it impossible for illegal migrants to work in the US, unemployment will fall. Long term it means less people will be required to look after the aging migrant population and the baby boom that results from migration.
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Old 11-20-2016, 03:12 PM   #14
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  1. Truck drivers
  2. Registered nurses
  3. Customer service representatives
  4. Sales representatives
  5. Sales managers
  6. Software quality assurance engineers and testers
  7. First-line supervisors or managers of retail sales workers
  8. General and operations managers
  9. Child care workers
  10. Managers (all other)

Some of those jobs reveal a serious lack of training and education. The rest I suspect are fancy words for jobs like shop workers. Which could be a decreasing skill as online shopping replaces them.
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Old 11-20-2016, 03:15 PM   #15
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Originally Posted by slapass View Post
As has been pointed out in another thread. The Labor Force Participation Rate is going to continue to decline. We will have less people working. 20 million folks are going to retire on his watch in the next few years and about equal are going to come online. We are trading experienced and trained folks for untrained and inexperienced folks.

We are not going to worry about unemployment or jobs but how to find people. He can try and redo trade agreements to keep manufactoring and deport illegals but we don't have the people now.

U.S. Jobless Claims Fall - WSJ

Lowest initial job claims since 1973.

http://www.peridotcapital.com/wp-con...-1975-2014.png

4.8% now.

Unemployment is near decade lows.

http://www.abhmuseum.org/wp-content/...oymt-chart.jpg

Black unemployment is at all time lows in some states and near decade lows overall if not at it at 8.5%.

Economists have said that we are near the peak of this economy by every standard and have been for a few years. But is this a new normal? Japan has had this for 10 years as their population is now declining and their work force has been declinging for a while.
The single largest workforce in this country is now Truck Drivers. Overall that's not a bad thing as its a higher paying industry than manufacturing.

The problem is those guys will be out of work due to driver-less big rigs.

About 2 or 3 months ago the first ever shipment was dilivered to a beer plant in Colorado by a driver-less truck.

10 years from now it will be a normal thing.
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Old 11-20-2016, 03:20 PM   #16
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South Dakota & Wisconsin have 2.6% unemployment and import immigrants from Somolia & other countries to work their $26-$35 an hour jobs in their meat packing plants.

You see lazy Americans. I see employers cutting wages and spin.

Slaughterers and Meat Packers

Slaughterers and Meat Packers

http://city-salaries.careertrends.co...n-South-Dakota
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Old 11-20-2016, 03:21 PM   #17
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The problem is those guys will be out of work due to driver-less big rigs.

About 2 or 3 months ago the first ever shipment was dilivered to a beer plant in Colorado by a driver-less truck.

10 years from now it will be a normal thing.
Think your timeline is hella optimistic. Car on auto pilot few thousand pounds going down the road. Truck on auto pilot 80,000 pounds of liability. From what I've heard so far they would pay a driver to sit there anyway and supervise.
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Old 11-20-2016, 03:44 PM   #18
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