General Discussion

closeupready

(29,503 posts)

18. Great news, IMO. I'll concede incomes don't match those of 2001,

Tue Oct 7, 2014, 10:34 PM

Oct 2014

when adjusted for inflation. That was a VERY hot year historically - tight labor market and a tech job market that was poaching labor from every industry.

At the same time, almost NO year of job creation will again match that kind of labor market. Eventually? Perhaps, during an economic upswing. And again, yes, the median income now does not buy what the median income did in 2001.

Still, I like this trajectory/development.

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Job Openings hit highest level since 2001 - 4.835 million openings [View all] stevenleser Oct 2014 OP

Kick nt stevenleser Oct 2014 #1

k&r... spanone Oct 2014 #2

Would like some data on what industries BlindTiresias Oct 2014 #3

Just by having consistently a lot of openings is going to ultimately drive wages higher. stevenleser Oct 2014 #6

Once again BlindTiresias Oct 2014 #8

It really doesn't depend on that, and FYI, stickiness doesn't mean stuck like if superglued. stevenleser Oct 2014 #10

I think it is a bit more complex than that BlindTiresias Oct 2014 #15

Think of how awesome the market would be without nearly 6 years of GOP obtruction! eom MohRokTah Oct 2014 #4

U.S. jobs rose since '08 crisis, but pay is 23 pct less Go Vols Oct 2014 #5

See my #6. nt stevenleser Oct 2014 #7

Beings it hasn't been below 3.40% Go Vols Oct 2014 #9

See my #10 nt stevenleser Oct 2014 #11

TWENTY-THREE PERCENT. woo me with science Oct 2014 #13

+1 Go Vols Oct 2014 #14

The chocolate ration has been increased! (Low-wage jobs replace middle-income work) woo me with science Oct 2014 #12

Just because a job... DAMANgoldberg Oct 2014 #16

What kind of jobs? davidn3600 Oct 2014 #17

No, this was from August. nt stevenleser Oct 2014 #19

Great news, IMO. I'll concede incomes don't match those of 2001, closeupready Oct 2014 #18

I suppose that's what happens linuxman Oct 2014 #20

Nope. U-6 is paralleling U-3. nt stevenleser Oct 2014 #21

Would you STOP being so upbeat? closeupready Oct 2014 #22

I know, right? stevenleser Oct 2014 #23