Horatio Parker
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Sure, 5% of the working population retired in one year!
From I've seen, I'd guess that demographics account for maybe a third of that.
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Sure, 5% of the working population retired in one year!
From I've seen, I'd guess that demographics account for maybe a third of that.
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Yah, I know it's a fake, but it's still funny.
The lower participation rate isn't by itself a problem--we are seeing boomers retire, the rate was expected to drop.
The 9% U6 is a problem, though. Since we are seeing wage pressure anyway it certainly sounds like companies are simply unwilling to hire the U6 people.
bilby
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To be fair, I doubt there's much market for submariners outside the government sector, and the WWI paraffin-electric boats probably needed skills that are not particularly useful even to the Navy these days. Not to mention that most of the crew of U6 died on 15 September 1915 when she was attacked by a British submarine off Stavanger. Zombie submariners must be a work placement officer's nightmare.
Keith&Co.
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Well, anyone who's been in uniform can be depended on to dress themselves, groom themselves, knows how to show up on time, sleep any time no one's looking, and no need the 'esteem generation's' glad handing to get them to do a job.
Usually good workers.
Hang on, have to go kidnap the boss' desk and glue it to the ceiling...
Horatio Parker
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Not by so much. I've seen estimates from one third to half due to demographics.
Jimmy Higgins
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Dow drops over 1,000 pts today. I think we are a couple big ups and downs from saying, 'yes' volatility land.
Elixir
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How's that working out for you, J8?
No worries, it will come back. Definitely by 2021. Maybe even next week/month/year.
Jimmy Higgins
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Dow down 400 pts at this point. Of course, could finish up 400 pts at day's end. The trouble is, the market appears to have volatility issues. The Vix stands at about $35, which seems to indicate price correction. This is Friday, could be the end of it. Time will tell. As things stand, what is this, the worst week for the Dow since 2008?
Elixir
Made in America
Yeah - watch what happens as the close approaches. That could the harbinger of whether this thing is bottomed out or if it's just the beginning.
Jimmy Higgins
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And like clockwork, up over 400 pts now.
J842P
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It's fine, most of my portflio is in various target-date mutual funds, in the 2030-2040 time range. This downturn will be good for me in the long run, and was inevitable. The 1 year returns on some of them have been as high as 16%. Nuts.
I only have a little bit tucked away to "play around with", but I consider that to be exactly equivalent to going to a casino. It's alright though, my major gamble, Nvidia, is doing just fine
LordKiran
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It's fine, most of my portflio is in various target-date mutual funds, in the 2030-2040 time range. This downturn will be good for me in the long run, and was inevitable. The 1 year returns on some of them have been as high as 16%. Nuts.
I only have a little bit tucked away to "play around with", but I consider that to be exactly equivalent to going to a casino. It's alright though, my major gamble, Nvidia, is doing just fine
But of course, who buys ATI these days?
Elixir
Made in America
It's fine, most of my portflio is in various target-date mutual funds, in the 2030-2040 time range. This downturn will be good for me in the long run, and was inevitable. The 1 year returns on some of them have been as high as 16%. Nuts.
I only have a little bit tucked away to "play around with", but I consider that to be exactly equivalent to going to a casino. It's alright though, my major gamble, Nvidia, is doing just fine
But of course, who buys ATI these days?
Day-traders. This volatility is a day-trader's paradise. I'd do some myself if I had time and a great internet connection, but I have neither.
LordKiran
Veteran Member
It's fine, most of my portflio is in various target-date mutual funds, in the 2030-2040 time range. This downturn will be good for me in the long run, and was inevitable. The 1 year returns on some of them have been as high as 16%. Nuts.
I only have a little bit tucked away to "play around with", but I consider that to be exactly equivalent to going to a casino. It's alright though, my major gamble, Nvidia, is doing just fine
But of course, who buys ATI these days?
Day-traders. This volatility is a day-trader's paradise. I'd do some myself if I had time and a great internet connection, but I have neither.
Are we talking about the same thing?
LordKiran
Veteran Member
Day-traders. This volatility is a day-trader's paradise. I'd do some myself if I had time and a great internet connection, but I have neither.
Are we talking about the same thing?
ATI?
Nah, I was referring to one of Nvidia's competitors...Well I say 'competitor'...
https://en.wikipedia.org/wiki/ATI_Technologies
Turns out they're bought out and defunct. So my statement is moot regardless!
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