U.S. hiring slows to unexpected low after two strong months

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5 thoughts on “U.S. hiring slows to unexpected low after two strong months

  1. But the people whose business models depend on people working garbage jobs for no money told us it was the government money that was keeping people from taking jobs!

    1. Bob, I don’t think you’d make it 2 weeks managing the local White Castle.

      You can sit there and tell people they’re stupid unskilled losers and you will not pay a dime over $8 an hour because any idiot could do their job. Workers are more than free to go work elsewhere where they will be treated with more respect and get paid more.

      This is the free market at work. Maybe you’re into the socialism nowadays.

      If your business model depends on paying people nothing and treating them like disposable cogs, you’re in trouble. Maybe don’t treat them like Bob would, and maybe pay them better. (Or look into automation though … good luck with that.) But the “it’s the government’s fault” excuse has now been removed, and it doesn’t feel like the government UI made a lick of difference.

    2. Bob, we’ve reached a market where you have to pay for availability. You might not think it’s fair and “those people” don’t deserve to get paid more. The free market doesn’t care about your feelings.

      Starting wage at my local McDonalds is up from $10 to $13 an hour. … and it’s not high enough, because the Steak and Shake across the street offers $2 an hour more.

  2. The last paragraph leaves one wondering about specific data. The proportion of Americans remained flat in August thus this means the cut-off did not matter. Hmmm. How about separating the states that did, verses did not, and compare those rates? There is much evidence that red states are performing better than blue states in nearly every economic category. That’s not an accident.

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