evince
Truthmatters
http://www.orlandosentinel.com/busi...nel/business+(OrlandoSentinel.com+-+Business)
so how can a tax cut promote more jobs
so how can a tax cut promote more jobs
nation wide worker shortage
- Thread starter evince
- Start date
evince
Truthmatters
Employers nationwide are grappling with a problem that threatens to stall economic growth: vacancies - and lots of them.
In Maine, where flurries can fall as late as April, the state transportation department is struggling to find snowplow drivers, thanks to the increasingly tight labor market. Ski resorts in the state, meanwhile, are still looking for employees to run the slopes.
Texas, too, is dealing with a labor shortage. As the price of oil climbs, drillers are ramping up production, but they need more truckers to haul it. Energy companies fear a dearth of such workers could eventually force them to limit production.
And Florida lacks the construction workers to keep up with its housing need, plus additional repairs from Hurricane Irma.
These are just a few glimpses into the country's biggest scramble for workers in decades.
The U.S. unemployment rate continues to sink, hitting a 17-year low in November (4.1 percent), and job seekers are finding work more easily than at any time since the mid-90s. Openings in the United States have now topped roughly 6 million for five months in a row, a record streak, according to the Bureau of Labor Statistics .
Normally, such a stretch would inspire applause. But Wayne Winegarden, an economist and senior fellow at the Pacific Research Institute, a California think tank, said the trend should concern policymakers.
"If you have less labor, you're going to have less growth," he said, "unless it's compensated by more technology or higher productivity."
The labor shortage also complicates the Republican quest to create more jobs through tax cuts, said Alan Cole, an economist who studies tax policy.
"Most of the people who really wanted to get back to work - they've already recovered from the recession," he said.
Firms that save money from the tax cuts may simply be unable to find more workers to hire at the price they are willing to pay.
Business executives have long complained about a "skills gap," or the difficulty of finding highly trained workers to fill specialized roles, he said.
That's especially true in advanced manufacturing jobs, which require some computer training. As the country tilts toward what economists call "full employment," though, practically every kind of business can hit hiring barriers. Even jobs with more basic requirements, such as a driver's license, have become harder to fill.
The American Trucking Associations recently announced the industry needs nearly 1 million new drivers over the next six years to replace retiring drivers. (Roughly 10,000 baby boomers retire every day, according to the Pew Research Center.) Raising wages, adding more generous retirement packages and recruiting more women to the male-dominated field still hasn't attracted the necessary numbers, executives have said
In Maine, where flurries can fall as late as April, the state transportation department is struggling to find snowplow drivers, thanks to the increasingly tight labor market. Ski resorts in the state, meanwhile, are still looking for employees to run the slopes.
Texas, too, is dealing with a labor shortage. As the price of oil climbs, drillers are ramping up production, but they need more truckers to haul it. Energy companies fear a dearth of such workers could eventually force them to limit production.
And Florida lacks the construction workers to keep up with its housing need, plus additional repairs from Hurricane Irma.
These are just a few glimpses into the country's biggest scramble for workers in decades.
The U.S. unemployment rate continues to sink, hitting a 17-year low in November (4.1 percent), and job seekers are finding work more easily than at any time since the mid-90s. Openings in the United States have now topped roughly 6 million for five months in a row, a record streak, according to the Bureau of Labor Statistics .
Normally, such a stretch would inspire applause. But Wayne Winegarden, an economist and senior fellow at the Pacific Research Institute, a California think tank, said the trend should concern policymakers.
"If you have less labor, you're going to have less growth," he said, "unless it's compensated by more technology or higher productivity."
The labor shortage also complicates the Republican quest to create more jobs through tax cuts, said Alan Cole, an economist who studies tax policy.
"Most of the people who really wanted to get back to work - they've already recovered from the recession," he said.
Firms that save money from the tax cuts may simply be unable to find more workers to hire at the price they are willing to pay.
Business executives have long complained about a "skills gap," or the difficulty of finding highly trained workers to fill specialized roles, he said.
That's especially true in advanced manufacturing jobs, which require some computer training. As the country tilts toward what economists call "full employment," though, practically every kind of business can hit hiring barriers. Even jobs with more basic requirements, such as a driver's license, have become harder to fill.
The American Trucking Associations recently announced the industry needs nearly 1 million new drivers over the next six years to replace retiring drivers. (Roughly 10,000 baby boomers retire every day, according to the Pew Research Center.) Raising wages, adding more generous retirement packages and recruiting more women to the male-dominated field still hasn't attracted the necessary numbers, executives have said
Would help if Boomers would get off drugs so they could pass a piss test. https://www.aarp.org/personal-growth/life-stories/info-11-2010/addiction-i-am-an-addict.html
signalmankenneth
Verified User
the first boomers are in the ground, the last boomers wont retire for 7 years. Addiction isnt the solution
countryboy
Verified User
Look up something known as the labor participation rate. That should help. Let me ask you a question, is it better to have too many jobs or, not nearly enough?
A big part of the problem is, we pay far too many able-bodied people NOT to work.
countryboy
Verified User
Nevermind the fact that every single study shows that by artificially raising the minimum wage, people actually earn less money and there are less jobs. A remedial course in basic economics would be in order for you
evince
Truthmatters
no one is paid not to work you sociopath
countryboy
Verified User
Soooo, nobody on welfare is ablebodied? Not one person? Source?
countryboy
Verified User
Why should I go to the trouble of providing source material for you? Have you accepted a single source of mine? Hell you even reject left wing sources I have cited for you. You willfully ignorant contrarian moron you.
evince
Truthmatters
evince
Truthmatters
Measuring working poverty[edit]
Absolute[edit]
According to the US Department of Labor, the working poor "are persons who spent at least 27 weeks [in the past year] in the labor force (that is, working or looking for work), but whose incomes fell below the official poverty level."[12] In other words, if someone spent more than half of the past year in the labor force without earning more than the official poverty threshold, the US Department of Labor would classify them as "working poor." (Note: The official poverty threshold, which is set by the US Census Bureau, varies depending on the size of a family and the age of the family members.) The US Bureau of Labor Statistics calculates working poverty rates for all working individuals, all families with at least one worker, and all "unrelated individuals." The individual-level working poverty rate calculates the percentage of all workers whose incomes fall below the poverty threshold. In 2009, the individual-level working poverty rate in the US was 7%, compared to 4.7% in 2000. The family-level working poverty rate only includes families of two or more people who are related by birth, marriage, or adoption. According to the Bureau of Labor Statistics' definition of family-level working poverty, a family is working poor if the combined cash income of the family falls below the poverty threshold for a family of their size. In 2009, the family-level working poverty rate in the US was 7.9%, compared to 5.6% in 2000. Finally, the unrelated individual working poverty rate measures working poverty among those who do not currently live with any family members. In 2009, 11.7% of employed unrelated individuals were poor, compared to 7.6% in 2000.[12][13]
Absolute[edit]
According to the US Department of Labor, the working poor "are persons who spent at least 27 weeks [in the past year] in the labor force (that is, working or looking for work), but whose incomes fell below the official poverty level."[12] In other words, if someone spent more than half of the past year in the labor force without earning more than the official poverty threshold, the US Department of Labor would classify them as "working poor." (Note: The official poverty threshold, which is set by the US Census Bureau, varies depending on the size of a family and the age of the family members.) The US Bureau of Labor Statistics calculates working poverty rates for all working individuals, all families with at least one worker, and all "unrelated individuals." The individual-level working poverty rate calculates the percentage of all workers whose incomes fall below the poverty threshold. In 2009, the individual-level working poverty rate in the US was 7%, compared to 4.7% in 2000. The family-level working poverty rate only includes families of two or more people who are related by birth, marriage, or adoption. According to the Bureau of Labor Statistics' definition of family-level working poverty, a family is working poor if the combined cash income of the family falls below the poverty threshold for a family of their size. In 2009, the family-level working poverty rate in the US was 7.9%, compared to 5.6% in 2000. Finally, the unrelated individual working poverty rate measures working poverty among those who do not currently live with any family members. In 2009, 11.7% of employed unrelated individuals were poor, compared to 7.6% in 2000.[12][13]
evince
Truthmatters
you made this claim
you are unable to produce FACTS to back your claim
fuck you lying asshole