Average Quarterly Worker Income Up Lowest Since Records Began (1980)

HoustonHusky

And yes, that includes during the 2008 crash. Obamanomics in action...but how again, according to Hondo, is anything his fault?

Quarterly Increase in U.S. Worker Pay Smallest on Record
bloomberg.com/news/articles/2015-07-31/worker-pay-in-u-s-rises-0-2-smallest-gain-in-records-to-1982

Sad thing is, in our up-is-down and down-is-up world that seems to be bumping up the stock market, because it puts pressure on the Fed not to raise rates.

Bizarro-world in action...

2001400ex

The unemployment rate is fast approaching the 5-to-5.2 percent range that Fed policy makers have defined as full employment. The rate dropped to 5.3 percent in June, the lowest since April 2008.

And unemployment claims are the lowest since 1973. I'm so confused.

PurpleJ

Sounds like Obama's plan is working.

PurpleThrobber

PurpleJ said:

Sounds like Obama's plan is working.

Wait until he gets his own oligarchs in there.

Blackie

As always, it's a great employment environment if you're not an unproductive imbicile.

PurpleJ

Blackie said:

As always, it's a great employment environment if you're not an unproductive imbicile.

Yeah, but I miss the days when retards like Honda and draft2dodge could actually get jobs and didn't spend all day arguing their partisan talking points on the internet.

2001400ex

PurpleJ said:

Blackie said:

As always, it's a great employment environment if you're not an unproductive imbicile.

Yeah, but I miss the days when retards like Honda and draft2dodge could actually get jobs and didn't spend all day arguing their partisan talking points on the internet.

From the dude with 9,000 posts?

PurpleJ

2001400ex said:

PurpleJ said:

Blackie said:

As always, it's a great employment environment if you're not an unproductive imbicile.

Yeah, but I miss the days when retards like Honda and draft2dodge could actually get jobs and didn't spend all day arguing their partisan talking points on the internet.

From the dude with 9,000 posts?

8918*

Fire_Marshall_Bill

This thread delivers. I could give my economic opinion, but fuck it.

2001400ex

PurpleJ said:

2001400ex said:

PurpleJ said:

Blackie said:

As always, it's a great employment environment if you're not an unproductive imbicile.

Yeah, but I miss the days when retards like Honda and draft2dodge could actually get jobs and didn't spend all day arguing their partisan talking points on the internet.

From the dude with 9,000 posts?

8918*

8919*

CuntWaffle

2001400ex said:

The unemployment rate is fast approaching the 5-to-5.2 percent range that Fed policy makers have defined as full employment. The rate dropped to 5.3 percent in June, the lowest since April 2008.

And unemployment claims are the lowest since 1973. I'm so confused.

That is because of are fucking stupid.

HTH but it won't.

2001400ex

2001400ex said:

PurpleJ said:

2001400ex said:

PurpleJ said:

Blackie said:

As always, it's a great employment environment if you're not an unproductive imbicile.

Yeah, but I miss the days when retards like Honda and draft2dodge could actually get jobs and didn't spend all day arguing their partisan talking points on the internet.

From the dude with 9,000 posts?

8918*

8919*

8922*

2001400ex

CuntWaffle said:

2001400ex said:

The unemployment rate is fast approaching the 5-to-5.2 percent range that Fed policy makers have defined as full employment. The rate dropped to 5.3 percent in June, the lowest since April 2008.

And unemployment claims are the lowest since 1973. I'm so confused.

That is because of are fucking stupid.

HTH but it won't.

Since you are the master of insight. Why don't you explain it to me then.

CuntWaffle

2001400ex said:

CuntWaffle said:

2001400ex said:

The unemployment rate is fast approaching the 5-to-5.2 percent range that Fed policy makers have defined as full employment. The rate dropped to 5.3 percent in June, the lowest since April 2008.

And unemployment claims are the lowest since 1973. I'm so confused.

That is because of are fucking stupid.

HTH but it won't.

Since you are the master of insight. Why don't you explain it to me then.

You are arguing unemployment rates. The thread is about the overall pay for these "jobs" have been stagnant.

Fucking moron.

2001400ex

CuntWaffle said:

2001400ex said:

CuntWaffle said:

2001400ex said:

The unemployment rate is fast approaching the 5-to-5.2 percent range that Fed policy makers have defined as full employment. The rate dropped to 5.3 percent in June, the lowest since April 2008.

And unemployment claims are the lowest since 1973. I'm so confused.

That is because of are fucking stupid.

HTH but it won't.

Since you are the master of insight. Why don't you explain it to me then.

You are arguing unemployment rates. The thread is about the overall pay for these "jobs" have been stagnant.

Fucking moron.

So you don't think unemployment has anything to do with pay rates? Or realize the article says much more than "pay rates suck". Get past the headline.

greenblood

2001400ex said:

CuntWaffle said:

2001400ex said:

CuntWaffle said:

2001400ex said:

The unemployment rate is fast approaching the 5-to-5.2 percent range that Fed policy makers have defined as full employment. The rate dropped to 5.3 percent in June, the lowest since April 2008.

And unemployment claims are the lowest since 1973. I'm so confused.

That is because of are fucking stupid.

HTH but it won't.

Since you are the master of insight. Why don't you explain it to me then.

You are arguing unemployment rates. The thread is about the overall pay for these "jobs" have been stagnant.

Fucking moron.

So you don't think unemployment has anything to do with pay rates? Or realize the article says much more than "pay rates suck". Get past the headline.

Basically, Hondo is arguing that lower pay is fine because a higher percentage of people are working?

2001400ex

greenblood said:

2001400ex said:

CuntWaffle said:

2001400ex said:

CuntWaffle said:

2001400ex said:

The unemployment rate is fast approaching the 5-to-5.2 percent range that Fed policy makers have defined as full employment. The rate dropped to 5.3 percent in June, the lowest since April 2008.

And unemployment claims are the lowest since 1973. I'm so confused.

That is because of are fucking stupid.

HTH but it won't.

Since you are the master of insight. Why don't you explain it to me then.

You are arguing unemployment rates. The thread is about the overall pay for these "jobs" have been stagnant.

Fucking moron.

So you don't think unemployment has anything to do with pay rates? Or realize the article says much more than "pay rates suck". Get past the headline.

Basically, Hondo is arguing that lower pay is fine because a higher percentage of people are working?

How did you read that? And I'm the one with the 8th grade education. I'm clearly saying that the supply and demand of jobs isn't propping up pay. If you buy into their methodology of polling 600 small businesses. In my industry, pay is doing well and I know several industries, such as medical and IT where wages are very high. Go apply as Microsoft with a 4 year college degree and get your 100k a year salary right out of school.

In other words, they called 600 convenience stores and said that's a representative sample.

allpurpleallgold

This seems like the kind of thing you complain about when you dont have anything important to complain about.

HoustonHusky

Govt handouts are up, so Hondo is content.

Meanwhile the percentage of the population working is at the bottom end of historical standards, which makes the "unemployment" rate he quotes a joke. The U-6 and other measures show its still really high. Low unemployment rates drive up incomes instead of stagnating them, but why bring reality into the discussion.

But hey, maybe Obama can mandate a pay increase for all the bartender and waiter jobs he generates and Hondo gargles over. That would fix everything...

2001400ex

HoustonHusky said:

Govt handouts are up, so Hondo is content.

Meanwhile the percentage of the population working is at the bottom end of historical standards, which makes the "unemployment" rate he quotes a joke. The U-6 and other measures show its still really high. Low unemployment rates drive up incomes instead of stagnating them, but why bring reality into the discussion.

But hey, maybe Obama can mandate a pay increase for all the bartender and waiter jobs he generates and Hondo gargles over. That would fix everything...

You sound just like Rush. Nice work.

BTW, handouts are down.

SNAP participation was 45,438,832 persons in April 2015, a decrease of 202,930 persons compared with March 2015, and a decrease of 808,516 persons compared with April 2014.

http://frac.org/reports-and-resources/snapfood-stamp-monthly-participation-data/#apr

sarktastic

http://www.shadowstats.com/alternate_data/unemployment-charts