American Economics Thread

[Overbom]

Sounds like you know this from experience .

Work from home is actually quite productive if the company isn't 100% hands-off which then gives employees the freedom to just don't do anything.

if the company isn't entirely stupid, its a win-win. Win for the employee, win for the company

 

[emblem21]

Work from home is actually quite productive if the company isn't 100% hands-off which then gives employees the freedom to just don't do anything.

if the company isn't entirely stupid, its a win-win. Win for the employee, win for the company

That I do agree with, I reckon I was at least 3 times more productive working at home then being at work because I don’t need to listen to everyone talking none stop and having to get up off the seat to print crap. It’s just get this stuff down and no playing around. I like it but then again it may not be suited to everybody

 

[tygyg1111]

Politico is owned by a pretty right-wing German media company now. Calling the Problem Solvers Caucus (what a conceited name) "moderates" is like calling Stalin "moderate" relative to Hitler. These are all people who would otherwise be Republicans if the Republican party actually purged the crazy.

"Problem Solvers" seems dangerously close to "Final Solution"

 

[Stierlitz]

The ISM Services PMI fell to 51.2 in March of 2023 from 55.1 in February and well below forecasts of 54.5. The reading pointed to the slowest growth in the services sector in three months, as demand and employment cooled while capacity and logistics improved and price pressures eased to the lowest since September 2020. In March, there was a slowdown in business activity (55.4 vs 56.3), new orders (52.2 vs 62.6) and employment (51.3 vs 54) while backlog of orders moved to contraction (48.5 vs 52.8). Meanwhile, inventories grew faster (52.8 vs 50.6) and price pressures were the lowest since September 2020 (59.5 vs 65.6). Supplier deliveries also remained strong (45.8 vs 47.6), marking the fastest two-month performance since April of 2009. Meanwhile, the majority of companies see a positive outlook on business conditions. ​

source: Institute for Supply Management​

 

[Stierlitz]

US-based employers announced 89.7K job cuts in March of 2023, 319% above 21.387K a year earlier and 77.77K in February. March’s total marks the third time this year when cuts were higher than the corresponding month a year earlier, as rate hikes continue and companies are reigning in costs. Considering Q1, employers announced 270,416 cuts, the highest first quarter total since 2020, and a 396% increase from the 55,696 cuts announced in the same period one year prior. Technology companies have announced 102,391 cuts so far this year, up 38,487% from the 267 cuts the sector announced in the first quarter of 2022. Financial companies announced the second-most job cuts this year with 30,635, a 419% increase from the 5,903 cuts announced in the sector in Q1 2022.

source: Challenger, Gray and Christmas, Inc.

 

[HighGround]

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Labor report March 2023



More detailed unemployment statistics.

 

[luminary]

• A
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  conducted by the Pew Research Center has found that most Asian Americans are unhappy with their salaries, with only 28% of Asian workers saying they are satisfied with how much they are paid, the lowest percentage among all racial groups. The study also found that only about half of U.S. workers are extremely or very satisfied with their job overall, and less than half expressed high levels of satisfaction with opportunities for skills development and promotion. Additionally, the survey revealed that only 60% of Asian workers said they can be themselves at work all or most of the time, with 25% having experienced discrimination in the workplace due to their race or ethnicity.

 

[CMP]

• A
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  conducted by the Pew Research Center has found that most Asian Americans are unhappy with their salaries, with only 28% of Asian workers saying they are satisfied with how much they are paid, the lowest percentage among all racial groups. The study also found that only about half of U.S. workers are extremely or very satisfied with their job overall, and less than half expressed high levels of satisfaction with opportunities for skills development and promotion. Additionally, the survey revealed that only 60% of Asian workers said they can be themselves at work all or most of the time, with 25% having experienced discrimination in the workplace due to their race or ethnicity.

Let's hope that drives massive reverse brain drain.

 

[emblem21]

• A
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  conducted by the Pew Research Center has found that most Asian Americans are unhappy with their salaries, with only 28% of Asian workers saying they are satisfied with how much they are paid, the lowest percentage among all racial groups. The study also found that only about half of U.S. workers are extremely or very satisfied with their job overall, and less than half expressed high levels of satisfaction with opportunities for skills development and promotion. Additionally, the survey revealed that only 60% of Asian workers said they can be themselves at work all or most of the time, with 25% having experienced discrimination in the workplace due to their race or ethnicity.

All I can say to this is that the entire white Euro/Anglo population in general have profited of the hard works of Asians and have discriminated against them long enough. In the event that the tables end up turning one day, will these people have the gall to complain against receiving the same treatment in return because to be honest, they honestly do deserve to at least try the shoe on the other foot to at least get a clue to to why much of the global south are so damn sick of these people for far too long

 

[siegecrossbow]

• A
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  conducted by the Pew Research Center has found that most Asian Americans are unhappy with their salaries, with only 28% of Asian workers saying they are satisfied with how much they are paid, the lowest percentage among all racial groups. The study also found that only about half of U.S. workers are extremely or very satisfied with their job overall, and less than half expressed high levels of satisfaction with opportunities for skills development and promotion. Additionally, the survey revealed that only 60% of Asian workers said they can be themselves at work all or most of the time, with 25% having experienced discrimination in the workplace due to their race or ethnicity.

I didn’t know that sixty percent of Asian Americans worked as MSM journalists.