Sleepy Joe created a disaster . Millions of job openings nobody will work

[newwurldmn]

Raising the minimum wage is another topic that is not relevant to the topic of additional Covid stimulus.

That's a more reasonable position. But I can also see the good sense and benefits to come from bumping the the lowest wage folks up to a living wage and from holding the line on higher paid laid-off workers who will nevertheless struggle to squeak by on what seems to others to be overly generous, government payments. I hope the intention was not to keep everyone treading water, but rather to leave those previously living on credit at least not worse off then they were before they lost their jobs. I am not an enthusiastic advocate of wages below what it takes to just get by, leaving one with only one alternative, namely to rely on subsidies of some kind.

 

[athlonmank8]

Guess it depends on what nonsense you read.

I read as much as 80% of people laid off haven't collected a dime of UE benefits (not stim) for various reasons among them; they didn't know they can, don't know how to apply or how to deal with the antiquated puter systems many states, including my own Floriduh, have besides the fact for some the benefits have run out.

I know a lot of people that were milking that 600 for every penny it was worth. 80% my ass. The whole world was on that shit.

 

[athlonmank8]

I did own two businesses and it is why I do understand it. When there are no jobs, there is no reason to look for one.

An anecdotal story or two is not the whole story. People are not choosing to stay unemployed simply because they got a lousy stinking $1400.

There are plenty of jobs. people were turning down jobs and that was the problem.

 

[Edmond]

The significance of setting the MR to 12:14 is that the MR-function chimes the number of quarter-hours and then the minutes to the next (1/4 hour). It's not practical to chime hour -> minutes. IOW, even if possible (huge double mainsprings); nobody would want to hear 59-minute chimes. So hour chime -> quarter hour -> minutes to next quarter hour. 1:59 would be one hour chime -> three quarter hour chimes -> fourteen minute chimes.

A quarter repeater chimes the hour -> quarter hour (no minutes).

Who gives a shit?
This isn’t timezone wanker!

 

[SunTrader]

It’s not our story. It’s the story of the 16 recruiting firms we use throughout all the states we have facilities.

You seem to miss the anecdotal point I made. One, sixteen, one hundred sixteen .... is not 350 million.

 

[newwurldmn]

You seem to miss the anecdotal point I made. One, sixteen, one hundred sixteen .... is not 350 million.

are you taking the stance that not a single of the 350mm people in the US have changed their desire for employment because of the stimulus money?

 

[Overnight]

Who gives a shit?
This isn’t timezone wanker!

destriero and I are nerding out on watches. Nothing wrong with that. Settle down, heh.

 

[SunTrader]

are you taking the stance that not a single of the 350mm people in the US have changed their desire for employment because of the stimulus money?

No but I can tell you an anecdotal story or two if you prefer.

 

[newwurldmn]

No but I can tell you an anecdotal story or two if you prefer.

Go nuts because you have presented so much quantitative evidence so far.

 

[newwurldmn]

No but I can tell you an anecdotal story or two if you prefer.

Here's an anecdotal store from a guy named FRED:

https://fred.stlouisfed.org/series/UNEMPLOY

Unemployment rate (which will be dominated by all those people laid off because of COVID vs the fewer jobs for them to take) is at the same level it was in 2014. Why wasn't Obama offering $600/week to everyone?

And it's pretty obvious the numbe of jobs available will improve. But here's a statistic to show that:
https://fred.stlouisfed.org/series/FRBKCLMCIM

Job Openings:
https://fred.stlouisfed.org/series/JTSJOL

Wow - Look at all those open positions?!?. Why aren't they getting filled?