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Reply #10: Job growth has Yet to reach a lever where it even supplies [View All]

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ThomCat Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-05-10 10:47 PM
Response to Reply #5
10. Job growth has Yet to reach a lever where it even supplies
jobs for the young people just entering the job market for the first time in any given month, must less does it cover the people losing their jobs during that same month, or any of the backlog of people who have previously lost jobs.

A positive number of jobs created is a good thing, but if that positive number is minuscule compared to the real number of jobs we need, then it's not nearly good enough, is it?

There is a minimum positive number of jobs per month that we need to create. That is the number of jobs that covers the people entering the labor force that month, plus the number the people who got laid off that month. If we get that minimum number, then the total change in out of work people for that month will be 0. No new people will have been added to unemployment that month, because job growth will have equally matched labor growth and layoffs.

We need to start creating several hundred thousand jobs PER MONTH to start seeing a recovery that will affect all of America. Unfortunately, We have a long way to go before this will be anything more than a recovery for the wealthy. :(

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