With unemployment this low, the raw number of jobs created isn't a good measure (Reply #6)

In the discussion thread: Rental demand soars as more millennials hold off on buying [View all]

Mon Jul 8, 2019, 02:37 PM

Amishman (5,374 posts)

6. With unemployment this low, the raw number of jobs created isn't a good measure

He labor market is so tight in many places that employers are postponing hiring decisions. My current employer just canceled a major upcoming project as they can't fill the openings on my project and another ongoing project; let alone hire enough to stand up an additional team.

The craptastic level of wage growth on the other hand is an extremely good argument and something we need to be shouting from the rooftops

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11 replies	Author	Time	Post
Rental demand soars as more millennials hold off on buying [View all]	Yo_Mama_Been_Loggin	Jul 2019	OP
Just another way young people coming up today are getting screwed.	Aristus	Jul 2019	#1
+1	CentralMass	Jul 2019	#2
For the working poor	Doctor Howard	Jul 2019	#9
This millenial just bought.	Tiggeroshii	Jul 2019	#3
our mortgage wont increase like our rent	Yo_Mama_Been_Loggin	Jul 2019	#7
My property taxes are set with the latest assessment.	Tiggeroshii	Jul 2019	#8
"Solid economic growth" ... but what about faltering job growth?	progree	Jul 2019	#4
With unemployment this low, the raw number of jobs created isn't a good measure	Amishman	Jul 2019	#6
On wage growth	progree	Jul 2019	#10
Prime Age LFPR (age 25-54) is not all that strong compared to historically, is down from January	progree	Jul 2019	#11
My family's millennials must not have gotten the memo	frazzled	Jul 2019	#5

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