If you replace 1 million low paying white collar jobs with 2 million high paying blue collar jobs.
High productivity growth! TFP growth!
Does suspiciously sound like communism.....
American Economics Thread
- Thread starter Bernard
- Start date
If you replace 1 million low paying white collar jobs with 2 million high paying blue collar jobs.
High productivity growth! TFP growth!
Does suspiciously sound like communism.....
We have the answer to why we feel like shit living in the U.S.
We are simply too close.
People (not here, maybe) were gaslighting others into thinking it's all in their heads that the cconomy is bad. But there's real stats to back up that segments of the country are doing worse.
People didn't suddenly become more deviant, needy and exploitive of food stamps after Covid. Increased use of food banks is because more people are struggling, not more fraud in an rapidly growing economy where everyone's doing well.
2 or more data points going in opposite directions.
proelite
Junior Member
I mostly worried about my family being shot at in a mass shooting incident.
I would appreciate if you did not quote my comments made in other threads and post them here.
That's also not what I was saying in any case. Negativity does not imply expertise, which is why I specifically mentioned it's not reversible.
For software developers, there have been high profile layoffs. For white collar jobs writ-large? No.
There are lots of high profile layoffs in the banking and finance industries.
Instead of talking about "feels" why don't you provide some data?
How many white collar workers, and how many have been laid off? How many have found new jobs elsewhere? This is just wishcasting on your part if you think the American economy is "oh-so-bad". Of course relying on data is going to be hard when half of you don't even believe American statistics anyway.
Yet curiously believe headlines.
I think like what, ~250,000 have been laid off in the last two years out of a workforce of... 6-7 million? And how many have simply found jobs elsewhere? For a market correction that's pretty mild. Quite frankly, many companies over-hired post-Covid.
How many white collar workers, and how many have been laid off? How many have found new jobs elsewhere? This is just wishcasting on your part if you think the American economy is "oh-so-bad". Of course relying on data is going to be hard when half of you don't even believe American statistics anyway.
Yet curiously believe headlines.
I think like what, ~250,000 have been laid off in the last two years out of a workforce of... 6-7 million? And how many have simply found jobs elsewhere? For a market correction that's pretty mild. Quite frankly, many companies over-hired post-Covid.
proelite
Junior Member
Based on personal experience this job market is the worst i've experienced since I entered the work force 14 years ago.
If five of my web developer Chinese friends in Texas are saying that job market is bad, obviously there is significant bias in my personal annecdote. But when over 100 of them across 10 separate professions, four different ethnicities, both genders, three separate educational levels, 1-20 years of experience level, and eight different states are all saying that the market is bad, I think that it is more likely that some one has been fudging with the data.