famous last words
I don't know where everyone gets the idea that the recession is over. I
make less every year, and the prices of everything keep going through the roof.
I am lucky to have a job, but the recession certainly is not over.
To "My2Cents" if you don't like the unemployment rate calculation,
how about we look at labor force participation rate. According to the BLS, Utah
has had its labor participation rate going up for the past couple of years.
Nationally this has been dropping. That means that not only are few people
unemployed, but more people that want to work are finding work.
Government seldom creates productive or durable jobs other than government
employment and short term construction. The best function of government is to
create an environment for job growth. Central economic planning is a mistake
that the former USSR, China, Cuba, Venezuela have made and it's proven
disastrous. Be like Pres. Clinton, get out of the way and let business grow.
Gov. Hertbert has taken that model, however, Utah's job numbers are
probably like the White House numbers, incomplete. The percentage of employable,
the number on food stamps/welfare and those on disability should also be
considered if the overall health of Utah's economy is being considered.
Everything Obama has done seems bent on hurting the economy. The stimulus bill,
the pipeline deal and thousands of bureaucratic red tape. Utah is working
because of conservative principles, but you can't entirely overcome Obama
Approximately 5% of the population is unemployable. That probably means anyone
and everyone that fills that lower 10% is working just to stay alive and not in
their chosen profession. The last time Utah was in the 3% unemployment range I
didn't interview or hire a single qualified individual. Utah has a very
strange work force and economy sometimes.
Come on out to Duchesne county. We are closer to 3% unemployment. Most are FAR
above the poverty line/minimum wage stuff.Dr Thom, if your buddy
would deign to teach HS, we need about 12 HS teachers out here. Can't help
a guy who is too proud to work for a living.
To: Dr. Thom, Long Beach, CA: First, the employment report is relevant to all
job seekers. It is based on a wide range of employment, not just an academic
position. Yes, some areas of the economy are moving faster than others. In
reference to your friend, if he/she has not taught in a classroom for 3 years,
based on my understanding of this segment of the work force, he/she was probably
not a tenured faculty. However, he/she looks very capable of starting their own
business. We live in a completely different business climate than we did 30
years ago. We either adapt or are left behind. It isn't always pretty and
it isn't always kind or equal. We all want something better. However, until
that time, we need to adapt to the conditions and survive.
"... while the natural resources and mining industry lost 800 jobs year over
year. The largest employment increases were in leisure and hospitality, which
added 5,900 jobs..."This quote really shows how Utah's
economy is evolving -- with tourism a key growth industry and mining a dwindling
economic force. We have too many policymakers who discount the
value of tourism to Utah and believe that the extraction industries are the only
real value of Utah's natural resources. Yet with the government shutdown,
many of Utah's rural communities recognized the value of those national
parks and attractions. With California cutting off its coal
contracts by 2027 and utilities switching from coal to natural gas in the coming
years, we're going to see significant job losses in our extraction
industries, and Utah needs to recognize and embrace the inevitable changes to
better position its workforce, especially in coal country, to make the
transition to a 21st century economy.To believe the free market will
"solve" this problem is terribly myopic. Government is really the only
entity that can help move these rural economies onto a brighter future through
re-education, local economic planning, infrastructure development, etc.
Extremely low wages have to have some kind of "advantage".
The entire job searching/hiring picture has completely changed in the last
decade. It used to be that if a person had most of the qualifications for a
well-paying job, that they could get on and learn the rest of the qualifications
on the job. Now, you must meet EVERY qualification to even be considered for
the job. A person with 20 years experience, but no degree, can't even get
an interview. People are expected to hit the ground running - and running they
must.In 2000, I was making $65,000 per year, approx. $31/hour (not
adjusted for inflation). Now I feel lucky to have a $9.50/hour job. I assume I
am not the only one in a similar situation.
Construction has still not come back. I know several people who are out of work
and they still say construction has a long way to go before it gets back to its
@ DrThom:If you lived here, you would see the help wanted ads in the
paper and realize that the vast majority of them are for non-retail jobs. Many
are high-tech corporations and educational institutions, all looking for
qualified applicants. Of course there are a lot of retail and low-end jobs as
well. They still need to be filled when people move up or when companies
expand.While it's not much help to those looking for work, the
reality is that it's vital to the economy that we have some people who are
unemployed. Otherwise, there is no labor pool for growth and expansion. Zero
unemployment would mean that your company is going nowhere because you
won't find any new employees so you can grow. PS: The word you
meant to use was "moot"; not "mute".
Do these numbers include all the lazy that sit on their behinds and have given
up on working thanks to government entitlements?All the millenials living
in their parents basements?All the welfare and food stamp sucking leaches
that feed off the blood of those of us that pay taxes?I think not.Hey Christoph!Do you realize we have the highest food stamp
participation in history as well as the highest number of people out of the work
force in history.. 90 million plus or one third of our population, not to
mention the largest deficit and debt in the history of this country.. Thank God
you live in a conservative state that still believes in free market and
A lot of crap. The hollow standards the governor is using to fake and falsify
the real Utah employment is an economic brick wall may show an unemployment
decline but the reality is that unemployment and under employment which they
consider full time jobs and unemployed forced into retirement at age 50 are at a
30 year high of over 20%. People are being forced into retirement before they
are eligible losing more than 30% or their retirement to tax penalties and tax
fines they would give up for a job.The GNP of Utah is zero, we
produce nothing but fake degrees and no real jobs. Jobs in Utah should be paying
a minimum of $40/hr to be considered low middle class standards. But Utah job
standards allow business to offer jobs with no wages then the governor lies and
pays the wages with tax exempt welfare as a tax burden for anyone with a job
that pays wages. Reality is that this state and our spendthrift
governor is bankrupt and cannot stay in business. Utah spending is extravagant,
over-sized, and overextended in our budget to the point Obama can blackmail our
governor into submissive obedience.
We are lucky to live in conservative state where the conservative mindset
encourages people to work hard to be accountable for themselves. This attitude naturally leads to lower unemployment.Thanks to our
conservative leadership Utah is one of the best economies in the country!
Thank you Mr. Obama. Economy has been growing since 2009. Voted for Romney
yet some things are going good.
Don't believe the numbers. The real question is "what type
of jobs are being created?" If someone is like my colleague with a JD and
PhD and hasn't worked in the classroom FT in three years and being 65 years
old is not likely to again, then creating jobs at the retail level are not
relative. Until people recover the jobs, careers and revenue potential they
lost, then it's all mute.