Who's hiring? Almost everyone

[applegrove]

Who's hiring? Almost everyone

By Chris Isidore at CNN Money

http://money.cnn.com/2014/12/05/news/economy/jobs-hiring/index.html?hpt=hp_t2

"SNIP....................


It seems like everywhere you look businesses are hiring. About 70% of U.S. industries added jobs in November.

That explains how the U.S. economy added 321,000 jobs in November, blowing past even the most optimistic expectations. The government's monthly jobs report released Friday showcased that 2014 is heading to become the best year for job growth this century.

...............

Hiring was more widespread in November than any time since early 1998. By comparison: this time five years ago, 86% of U.S. companies were cutting jobs.

"It's about time," said Dan North, chief economist with credit insurance firm Euler Hermes. "This is what we've been missing."




.....................SNIP"

[applegrove]

1. Is there such a thing as anti combines laws against businesses that

waited until after the election to hire?

[logosoco]

2. Economics is not my thing, but I knew something like this would be in the article...

"Very few are cutting staff. Those include department stores and electronics chains that are losing ground to online shopping or other competitors. Also trimming jobs are textile and clothing manufacturers and coal mining companies. Some government employers, including local schools and state governments, are also cutting jobs."

The jobs are mainly service jobs at stores. Not a bad job for teenagers or retirees. Not a good place so much for those who have graduated college with large debt. Only so many can be moved up into management positions (which for the salary and hours is still kind of a crap job.)

I see a lot of help wanted signs at stores and gas stations. I can't physically do those jobs, I guess I couldn't work in a factory either, but it seems like we made stuff here, things were better. And the factories were somewhat better regulated for the environment and the way they treat employees, unlike China. Which is why the jobs moved.

I try to be hopeful, but this is how the picture looks to me.

[applegrove]

4. The CNN video that accompanies the story said it was

all sectors where there is job growth.

[NoJusticeNoPeace]

3. Cons say they are all MW jobs...cons say that because they hate Obama

cons hate Obama cuz he dont possess the complexion with the protection

[logosoco]

5. But the truth is that this has nothing to do with Obama.

It's been heading this way for many years, and it will probably be this way long after Obama.

They know this is true, so they are just making themselves look even dumber (if that's possible!).

I think considering what Obama was handed with the job, he has done very well. I think a repub would have made the Depression look good.

I think history, if we get to write it, will remember this about Obama. He saved the sinking ship. Maybe we didn't sail to paradise, but we didn't drown.

[quadrature]

6. part-time jobs for everyone... how wonderful...nt

[econoclast]

7. Indeed

We actually LOST 150,000 Full Time jobs last month.

Full-Time employment DECLINED by 150,000 in the most recent employment report.

Employed, Usually Work Full Time:
Oct - 119,632,000
Nov - 119,482,000

A decline of 150,000

Numbers come from the Household survey...the same data set that the Unemployment Rate comes from.

They are easily accessible via the St Loius Fed's website. Data is Series LNS12500000.

http://research.stlouisfed.org/fred2/series/LNS12500000

In fact, looking at this data series for Full Time employees we see that the high water mark for Full Time Employment was way back in November 2007 when Full Time Employment hit 121,876,000

We are STILL 2.3 MILLION Full Time Jobs short of that all time high. And lost 150,000 full time jobs last month.

Still lots of work to do.

[LiberalEsto]

8. And who's paying a living wage?

Probably almost no-one.

[Autumn]

9. Seasonal? Seems to happen every November.

[TBF]

11. Seasonal, part-time, no benefits -

It's booming!

[SidDithers]

10. DU rec...nt

Sid

[quaker bill]

12. Suddenly, we can't fill full time professional positions

I work in Gov't and republicans have cut the available pay and have slashed benefits, but the jobs still pay professional wages. We can't fill them because candidates are being snapped up by the private sector with both better pay and benefits. This just started happening say 8 weeks ago, but several offers for three vacancies have been rejected in favor of better offers.

A year ago we had our pick of people lining up for interviews. Now we are lucky to find more than one well qualified candidate.

Tempting this is....

[applegrove]

13. No doubt the GOP wanted unemployment long and hard enough

that wages go down, so government cannot compete with the private sector for talent, using the size and the lack of agility in government institutions against themselves. I don't doubt it at all.

[quaker bill]

14. Correct

But my point is that it did not start working until about 8 weeks ago. In the weeks and months to come, the private sector may reach into the agency and start taking talent because we are quickly becoming a cheap source of labor.