tag:blogger.com,1999:blog-6616959642391988608.post7636512345134642778..comments2024-03-28T00:18:25.641-07:00Comments on Calafia Beach Pundit: Weekly claims in perspectiveScott Grannishttp://www.blogger.com/profile/14028519647946868684noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6616959642391988608.post-30912599153062962292011-08-05T17:13:24.360-07:002011-08-05T17:13:24.360-07:00No disasters, unless, of course, you are looking f...No disasters, unless, of course, you are looking for work.<br /><br />The percent of civilians in the labor force dropped about five percent in the recession, and have never recovered. One in 20 people you see used to work, but now isn't. Mostly, they want to work. I don't sense the work ethic in America has suddenly declined.<br /><br />A huge loss of output, not to mention the human Benjamin Colehttps://www.blogger.com/profile/14001038338873263877noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-77927515493083872062011-08-05T14:06:16.321-07:002011-08-05T14:06:16.321-07:00In a post discussing the numbers released today, B...In a post discussing the numbers released today, Brian Wesbury mentions that manufacturing is just now recovering from Japan-related supply disruptions and also, wages are up at a 3.5% annualized rate.<br /><br />http://www.ftportfolios.com/Commentary/EconomicResearch/2011/8/5/non-farm-payrolls-increased-117,000-in-july-and-revisions-to-mayjune-added-56,000Cabodoghttps://www.blogger.com/profile/08299113185481067179noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-84265785030411397602011-08-05T14:05:24.676-07:002011-08-05T14:05:24.676-07:00Just to clarify my last statement: Many individual...Just to clarify my last statement: Many individuals may prefer an entrepreneurial situation to 9-to-5 jobs. If there's anything this economy needs more of, it's entrepreneurial energy!joemckendrickhttps://www.blogger.com/profile/02280059500900988435noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-22021256749317610962011-08-05T14:00:41.137-07:002011-08-05T14:00:41.137-07:00Scott: Thanks for continuing to put things in per...Scott: Thanks for continuing to put things in perspective. There's quite a bit of hysteria out there. <br /><br />I wonder, do you have a sense (or data) as to the numbers or percentages of jobholders who may have moved to entrepreneurship or self-employment as an option? (And possibly may not be moving back to the workforce as defined by BLS?)<br /><br />Is there a likelihood this portion joemckendrickhttps://www.blogger.com/profile/02280059500900988435noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-1319418758773113182011-08-05T13:41:20.820-07:002011-08-05T13:41:20.820-07:00There's been mention recently about how hard i...There's been mention recently about how hard it's been for the 99'ers to find employment (been on unemployment 99 weeks).<br /><br />My theory is that these folks were the first to be laid off and that most employers may interpret that as a bad sign -- as in, the first to be laid off usually represent the weakest workers for a company.<br /><br />Excellent chart and perspective Scott.Cabodoghttps://www.blogger.com/profile/08299113185481067179noreply@blogger.comtag:blogger.com,1999:blog-6616959642391988608.post-18166650103751965392011-08-05T12:41:13.702-07:002011-08-05T12:41:13.702-07:00The unemployment claims numbers in the US are real...The unemployment claims numbers in the US are really quite small as a percentage of the total population -- moreover, the reality is that the long-term unemployed in America will probably never work again in the US anyway -- what is needed is more public information about available overseas jobs that might be of interest to the long-term unemployed and their families -- the government could even McKibbinUSAhttps://www.blogger.com/profile/10545798495680527622noreply@blogger.com