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MrMickeysMom

(20,453 posts)
Sat Mar 7, 2015, 08:39 PM Mar 2015

What does 5.5% unemployment translate into, Mr. and Mrs. America?

Would you like me to super-size that? How about a side of fries with your order for an extra $1.50?


I see we are supposed to be elated over job growth, but the mall had a shooting by an 18 year old, and 18 year olds and under must be accompanied by an adult on Friday and Saturdays.

What's in the mall?

21 Forever

Theaters playing Sponge Bob, Duff and Disney film coming attractions

More tween stores and young, frustrated people offering tea samples…


Where are we going here?
7 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
What does 5.5% unemployment translate into, Mr. and Mrs. America? (Original Post) MrMickeysMom Mar 2015 OP
Higher wages Aerows Mar 2015 #1
.."2 quarters more an hour is a flood of dollars into our economy..." MrMickeysMom Mar 2015 #2
I believe so Aerows Mar 2015 #3
Curious as to what labor sector this might come from... MrMickeysMom Mar 2015 #4
Retail first Aerows Mar 2015 #5
where are we going? where have we been? edgineered Mar 2015 #6
Yes, indeed. I saw that last week, and I'm glad it's getting another kick… MrMickeysMom Mar 2015 #7
 

Aerows

(39,961 posts)
1. Higher wages
Sat Mar 7, 2015, 08:44 PM
Mar 2015

which is what we need if we have any intention of dragging the economy out of it's steadily recovery, but still lethargy.

Every single food worker, manufacturer and assembler that gets 2 quarters more an hour is a flood of dollars into our economy.

MrMickeysMom

(20,453 posts)
2. .."2 quarters more an hour is a flood of dollars into our economy..."
Sat Mar 7, 2015, 08:46 PM
Mar 2015

I'd agree with ya, there, Aerows, if that was what was happening.

Is that what you think is right around the bend?

 

Aerows

(39,961 posts)
3. I believe so
Sat Mar 7, 2015, 08:52 PM
Mar 2015

because we are entering a period where there is a skill drought. A lot of very highly skilled people have been hired, and there is no longer a glut of workers.

That's what happens when you have a renewed need of workers and a tighter pool of workers.

That's my evaluation, at least.

 

Aerows

(39,961 posts)
5. Retail first
Sat Mar 7, 2015, 08:58 PM
Mar 2015

but then health care, because rising wages means that people can actually afford to go to the doctor again.

Manufacturing because after the first two needs are fulfilled, you have the strongest need, a steady supply.

I'm not an economist or anything, so don't quote me - that's just my opinion.

MrMickeysMom

(20,453 posts)
7. Yes, indeed. I saw that last week, and I'm glad it's getting another kick…
Sat Mar 7, 2015, 09:23 PM
Mar 2015

I happen to agree with him.

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