DISAPPOINTING JOBS REPORT is whose fault?

[Lumpenproletariat]

It's not that the jobs aren't there, but rather that there's a shortage of workers taking the jobs available. Maybe this is due mostly to the pandemic, which isn't over, and which is making employment less attractive.

Companies are even cutting back production for lack of needed workers. Who's to blame for this? And why basically is this bad?

What's wrong is not high unemployment, but that needed work is not getting done. There's a need for more truck drivers, dock workers at the ports, and some skilled workers like plumbers and electricians. Also firefighters, and many other kinds of workers -- but job-seekers are staying home rather than taking the jobs that are open.

https://nypost.com/2021/10/08/joe-biden-brushes-off-second-poor-jobs-report-in-row/

But the new report showed the US added just 194,000 jobs in September — far short of economists’ expectations of about 500,000.

The shortfall compounded a hiring slowdown in August, when the US added 366,000 jobs, according to revised figures released Friday — far below economists’ expectations of 720,000.

“President Biden is now a whopping 944,000 jobs short of what he promised from his last stimulus and worse, has lost the confidence of the American people to lead the economy.”

Rep. Markwayne Mullin (R-Okla.) said, “Over 300,000 FEWER jobs created than expected in September – further proof Biden’s economic policies are hurting our country.”

Brad McMillan, chief investment officer for Commonwealth Financial Network, explained the lower unemployment rate, noting that “the declines in the unemployment measures and the participation rate show that the movement of people back to the labor force has paused.”

Harvard economist Jason Fruman tweeted, “Job openings: 11.7m Unemployed: 7.7m The 1.5 openings per unemployed is the highest ever recorded.”

Unprecedented high-job-openings to number-of-unemployed ratio.


What's the solution?

Take in more immigrant workers!

There's obviously no shortage of potential workers.

Most of the vacant jobs could be filled, in a short time -- only 2 or 3 or 4 months -- by letting in an extra million immigrants who could take them. Only a few jobs are so high-skill that no immigrants could do them. Probably the whole problem would be solved in less than a year, if all the migrants needed would be taken in. And it would be easy to get all of them vaccinated, so that cannot be the obstacle.

So, what is the obstacle? Why can't Biden admit a half million or million migrants to take the jobs needing to be filled? Only because:

The American people are crybabies, who hate immigrants who might compete with them, and/or

they are crybaby-panderers who demand that companies pay workers more than their real competitive market value and not be allowed to hire them at low labor cost which would make it profitable to hire them. Maybe the labor cost is higher now, for domestic workers, because of the pandemic. But the simple solution to that is to take in a half-million or million immigrants, to meet the labor shortfall.

But the fear is that immigrants will drive down the wage level or steal jobs from red-blooded Americans.

Which means basically that we're a nation of crybabies and crybaby-panderers. And Biden and Trump are among the crybaby-panderers, not essentially disagreeing with each other, but united in their leftist employer-bashing philosophy to pander to the crybabies who hate competition and insist that work has to be done only by high-paid red-blooded native-borns who are entitled to the American Dream no matter how much it costs and are unable to compete against the newcomers.

The economy -- 330 million Americans -- are suffering because of this.


So both Reds and Blues think it's better to let the economy suffer, let the production be lower, so less wealth is created, and so American consumers -- ALL Americans -- must have their living standard reduced, because of our need to pander to the crybabies who feel threatened by competition from immigrants.

What other reason could there be for not taking in enough migrants to fill the vacant jobs?

 

[none]

Job creation for immigrants? What a novel idea.

 

[Harry Bosch]

It's not that the jobs aren't there, but rather that there's a shortage of workers taking the jobs available. Maybe this is due mostly to the pandemic, which isn't over, and which is making employment less attractive.

Companies are even cutting back production for lack of needed workers. Who's to blame for this? And why basically is this bad?

What's wrong is not high unemployment, but that needed work is not getting done. There's a need for more truck drivers, dock workers at the ports, and some skilled workers like plumbers and electricians. Also firefighters, and many other kinds of workers -- but job-seekers are staying home rather than taking the jobs that are open.

https://nypost.com/2021/10/08/joe-biden-brushes-off-second-poor-jobs-report-in-row/

But the new report showed the US added just 194,000 jobs in September — far short of economists’ expectations of about 500,000.

The shortfall compounded a hiring slowdown in August, when the US added 366,000 jobs, according to revised figures released Friday — far below economists’ expectations of 720,000.

“President Biden is now a whopping 944,000 jobs short of what he promised from his last stimulus and worse, has lost the confidence of the American people to lead the economy.”

Rep. Markwayne Mullin (R-Okla.) said, “Over 300,000 FEWER jobs created than expected in September – further proof Biden’s economic policies are hurting our country.”

Brad McMillan, chief investment officer for Commonwealth Financial Network, explained the lower unemployment rate, noting that “the declines in the unemployment measures and the participation rate show that the movement of people back to the labor force has paused.”

Harvard economist Jason Fruman tweeted, “Job openings: 11.7m Unemployed: 7.7m The 1.5 openings per unemployed is the highest ever recorded.”

Unprecedented high-job-openings to number-of-unemployed ratio.


What's the solution?

Take in more immigrant workers!

There's obviously no shortage of potential workers.

Most of the vacant jobs could be filled, in a short time -- only 2 or 3 or 4 months -- by letting in an extra million immigrants who could take them. Only a few jobs are so high-skill that no immigrants could do them. Probably the whole problem would be solved in less than a year, if all the migrants needed would be taken in. And it would be easy to get all of them vaccinated, so that cannot be the obstacle.

So, what is the obstacle? Why can't Biden admit a half million or million migrants to take the jobs needing to be filled? Only because:

The American people are crybabies, who hate immigrants who might compete with them, and/or

they are crybaby-panderers who demand that companies pay workers more than their real competitive market value and not be allowed to hire them at low labor cost which would make it profitable to hire them. Maybe the labor cost is higher now, for domestic workers, because of the pandemic. But the simple solution to that is to take in a half-million or million immigrants, to meet the labor shortfall.

But the fear is that immigrants will drive down the wage level or steal jobs from red-blooded Americans.

Which means basically that we're a nation of crybabies and crybaby-panderers. And Biden and Trump are among the crybaby-panderers, not essentially disagreeing with each other, but united in their leftist employer-bashing philosophy to pander to the crybabies who hate competition and insist that work has to be done only by high-paid red-blooded native-borns who are entitled to the American Dream no matter how much it costs and are unable to compete against the newcomers.

The economy -- 330 million Americans -- are suffering because of this.


So both Reds and Blues think it's better to let the economy suffer, let the production be lower, so less wealth is created, and so American consumers -- ALL Americans -- must have their living standard reduced, because of our need to pander to the crybabies who feel threatened by competition from immigrants.

What other reason could there be for not taking in enough migrants to fill the vacant jobs?

Totally agree. It's so hard to understand. We don't have enough people. We don't have enough workers. And yet we have a huge group of people who want to escape misery and work. And we won't let them in. Why? I can understand not letting them in when labor is abundant. But why follow this in incredibly tight markets? I can tell you that "inshoring" is real with US manufacturers. We are tired of depending on the flacky supply system from China. Manufacturers want to bring those jobs back to America. But how when there aren't enough workers?

 

[TV and credit cards]

Good. Wage growth has suffered for decades for low and middle wage earners. Keep the press on.

 

[laughing dog]

Oh dear, another ironic “crybaby economics” OP that presupposes a simple mahic wand approach to an economic issue.

 

[TSwizzle]

Have these migrants been vaccinated? Or will the vaccine mandate not apply to them?

 

[Lumpenproletariat]

No, it's not about "jobs for people" --

It's about people needed for jobs which otherwise won't get done.

Job creation for immigrants? What a novel idea.

No, it's not about "job creation" for someone needing a job, but about getting needed work done.

"Job creation" is what Trump and Biden and Bernie Sanders etc. mean when they preach the need for more factories not for needed production but as places to put excess job-seekers which we don't have a place for. So the "job creation" solution has meaning only when the problem is excess job-seekers cluttering up the streets or unemployment office and which we're afraid will go on a rampage if we don't create some factories to put them in to keep them out of mischief.

An example of "job creation" is what King Charles I did in order to appease some striking workers who needed something done to protect their jobs from being eliminated:

Jobs Created by ELIMINATING Wind Power
Last year a wind-powered sawmill was built near the Strand, London. (The Strand is a major road following the Thames River.) Apparently it has been such a successful business that a lot of sawyers are out of work. (A sawyer is a man who saws wood by hand.) King Charles the 1st of England is fighting an economic slump so he demolishes the sawmill in order to quell a possible riot and puts the sawyers back to work. http://tspwiki.com/index.phptitle=1634#Jobs_Created_by_ELIMINATING_Wind_Power_.2A

So the need for "job creation" was to appease these crybaby striking workers who would have gone on a rampage because their jobs were being eliminated by machines. That's what "job creation" usually means, as the number of job-seekers/laid-off workers gets so large that we don't know what to do with them unless some "jobs" are created or protected from being eliminated, and to fix this the government does what's necessary to increase jobs to accommodate all those excess workers or job-seekers cluttering up the place and threatening to go on a stampede.

But that's obviously not the need today, with excess jobs and scarcity of workers to do them. So our need today is not for artificial factories to put excess workers into -- as Biden and Trump want with their China-bashing anti-trade measures to produce more U.S. factories to put workers into to keep them out of mischief -- no, today's need is for more workers to get needed work done.

It's not clear that we've ever really needed the Biden-Trump-Sanders "job creation" tool to provide artificial factories worshiped by some as the source of jobs and thus economic progress; but even if there were times when artificial factories served a purpose, it certainly is not now when the problem is more jobs (real jobs needing to be done to make production better) and yet a lack of needed workers to fill them. This clearly translates into economic loss for the whole country, causing inflation and shortages, and reducing everyone's living standard.

So it shouldn't be difficult to recognize the need to increase immigration at this time especially, to meet this need.

 

[Lumpenproletariat]

Have these migrants been vaccinated? Or will the vaccine mandate not apply to them?

Obviously vaccinations must be mandated for all of them. And obviously there would be no resistance to this by the migrants who want to enter and want employment.

 

[Swammerdami]

Have these migrants been vaccinated? Or will the vaccine mandate not apply to them?

This is a trick question. If vaccination is mandatory, then Joe Biden is a freedom-hating fascist dictator in the tradition of Pol Pot, Josef Stalin, and Oprah Winfrey.
But if the emigrants are subject only to perfunctory tests, then they are would-be terrorists brought in to steal our jobs, cough and sneeze on our oldsters, and rape our girls.

Lose-lose for the libs! Make America Great Again!!

 

[prideandfall]

What other reason could there be for not taking in enough migrants to fill the vacant jobs?

because the only thing that americans hate more than the concept of every white person living in this country being able to live a decent and dignified lifestyle consistent with being a member of the richest and most advanced civilization in the history of our species is the idea of any not-white person in this country being able to live a decent and dignified lifestyle consistent with being a member of the richest and most advanced civilization in the history of our species.

 

[none]

Make colonists pay for taxes on the products thier slaves produce? Are you insane?

 

[TSwizzle]

Have these migrants been vaccinated? Or will the vaccine mandate not apply to them?

Obviously vaccinations must be mandated for all of them. And obviously there would be no resistance to this by the migrants who want to enter and want employment.

Excellent news, they can fill in for all the people that were fired from their jobs due to failing to comply with the vaccine mandates.

 

[SimpleDon]

In a normal functioning economy, long-term growth is the population increase. A population increase of young adults out of school, starting to work, getting married and setting up households, buying cars, buying homes, etc. We have seen this many times in the US economy in the past; the post WWII boom of returning GIs, the Reagan boom caused by the baby boomers becoming independent, the mini-boom twenty-five years later of the baby-boomers children.

This is what we see when we study economics by looking at what really happens in the economy instead of trying to force the economy into fulfilling a fantasy theory of how the economy should run.

 

[SimpleDon]

Have these migrants been vaccinated? Or will the vaccine mandate not apply to them?

Obviously vaccinations must be mandated for all of them. And obviously there would be no resistance to this by the migrants who want to enter and want employment.

Excellent news, they can fill in for all the people that were fired from their jobs due to failing to comply with the vaccine mandates.

Do you really think that anti-vaccers have the capacities needed to contribute to the economy in any meaningful way? Their single descriptive characteristic, that they consider vaccines to be ineffective or dangerous after being given to hundreds of millions of people say that they don't.

 

[Swammerdami]

In a normal functioning economy, long-term growth is the population increase. A population increase of young adults out of school, starting to work, getting married and setting up households, buying cars, buying homes, etc. We have seen this many times in the US economy in the past; the post WWII boom of returning GIs, the Reagan boom caused by the baby boomers becoming independent, the mini-boom twenty-five years later of the baby-boomers children.

This is what we see when we study economics by looking at what really happens in the economy instead of trying to force the economy into fulfilling a fantasy theory of how the economy should run.

For the average widget buyer, the production of 200 widgets for 200 people is no better than producing 100 widgets for 100 people. It is corporate stock prices whose continued rise depends on population increase.

Anyway, the current U.S. malaise is not caused by a shortage of consumers or workers. One big reason why Europe is booming now but not America is that European governments discouraged pandemic-related layoffs.

 

[Ford]

Rabid libertarians: "Why don't you just quit your low wage job and better yourself?"

Workers today: "Okay. Fuck my current employer. The business down the street is offering more money, better benefits, and better working conditions. I quit!"

Rabid libertarians: "Not like that! Why don't you want to work for us?! You ungrateful lazy bastards!!!"

 

[TV and credit cards]

Rabid libertarians: "Why don't you just quit your low wage job and better yourself?"

Workers today: "Okay. Fuck my current employer. The business down the street is offering more money, better benefits, and better working conditions. I quit!"

Rabid libertarians: "Not like that! Why don't you want to work for us?! You ungrateful lazy bastards!!!"

People must realize when they have the power. These instances are few. The last was the collapse of the housing market. Fewer realized the power they had to screw over the banks by forcing them to reappraise their property and obtain a lower mortgage in the face of so many foreclosures on the bank’s books.
For today’s workers, it’s more evident. Don’t want to pay me more? Duck you. I’ll move on down the road. It’s only people’s naive sense of fair play in our capitalism run amok system holding them back.

 

[Lumpenproletariat]

Who's against more immigrant labor other than the uncompetitive crybabies? and xenophobes?

Oh dear, another ironic “crybaby economics” OP that presupposes a simple magic wand approach to an economic issue.

What's "magic" about job-seekers at point A being allowed to take jobs at point B? Is it "magic" to combine a job with someone who wants to work?

Was it "magic" more than 100 years ago when America took in millions of immigrants to get needed work done? Was all that benefit to the U.S. economy, like getting the railroads done quicker, a "magic wand" approach to an economic issue?

If so, this is "magic" which has worked well historically. And when the opposite is done and immigrant labor is curtailed, like Trump tried to do, and like what's happening in England right now where there's a labor shortage, and like America did 100 years ago to appease the xenophobes, the net result has been damaging to the economy.

And who are the ones who throw a tantrum when immigrant labor increases? Isn't it the uncompetitive workers who are afraid it threatens their job? or someone pandering to them?

So, what's wrong with calling them crybabies, when their clamor is only to make themselves better off at the expense of everyone else who has to pay for it? when the result is to prevent needed work from getting done which would benefit the entire population? and when the only benefit is to this minority of whining uncompetitive wage-earners who instead of throwing a tantrum could choose to improve themselves and become better producers?

What's wrong with calling someone a "crybaby" when their whining is only to make themselves personally better off at the cost of net damage imposed onto everyone else?

 

[Loren Pechtel]

In a normal functioning economy, long-term growth is the population increase. A population increase of young adults out of school, starting to work, getting married and setting up households, buying cars, buying homes, etc. We have seen this many times in the US economy in the past; the post WWII boom of returning GIs, the Reagan boom caused by the baby boomers becoming independent, the mini-boom twenty-five years later of the baby-boomers children.

This is what we see when we study economics by looking at what really happens in the economy instead of trying to force the economy into fulfilling a fantasy theory of how the economy should run.

For the average widget buyer, the production of 200 widgets for 200 people is no better than producing 100 widgets for 100 people. It is corporate stock prices whose continued rise depends on population increase.

Anyway, the current U.S. malaise is not caused by a shortage of consumers or workers. One big reason why Europe is booming now but not America is that European governments discouraged pandemic-related layoffs.

It depends on what economies of scale exist in widget production. In most cases you'll make a higher % of profit when you make more product.

 

[laughing dog]

Oh dear, another ironic “crybaby economics” OP that presupposes a simple magic wand approach to an economic issue.

What's "magic" about job-seekers at point A being allowed to take jobs at point B? Is it "magic" to combine a job with someone who wants to work?

Was it "magic" more than 100 years ago when America took in millions of immigrants to get needed work done? Was all that benefit to the U.S. economy, like getting the railroads done quicker, a "magic wand" approach to an economic issue?

If so, this is "magic" which has worked well historically. And when the opposite is done and immigrant labor is curtailed, like Trump tried to do, and like what's happening in England right now where there's a labor shortage, and like America did 100 years ago to appease the xenophobes, the net result has been damaging to the economy.

And who are the ones who throw a tantrum when immigrant labor increases? Isn't it the uncompetitive workers who are afraid it threatens their job? or someone pandering to them?

So, what's wrong with calling them crybabies, when their clamor is only to make themselves better off at the expense of everyone else who has to pay for it? when the result is to prevent needed work from getting done which would benefit the entire population? and when the only benefit is to this minority of whining uncompetitive wage-earners who instead of throwing a tantrum could choose to improve themselves and become better producers?

What's wrong with calling someone a "crybaby" when their whining is only to make themselves personally better off at the cost of net damage imposed onto everyone else?

Looks to me that you are having a meltdown about this.

The current situation in the US is a short-run labor shortage at best. The non-crybaby market solution is for those labor markets where there is a shortage to raise wages in order to induce more qualified people into the labor market.

Your solution is a long-run. It is magical thinking to opine that these immigrants will have the necessary language, labor and cultural abilities and skills to seamlessly do the productive work and magically get to the areas where there are those shortages.. Moreover, that those communities where they settle will seamlessly welcome and help those immigrants and their children integrate into society.