patrick.net

Even the Mexicans, (opposed as the immigrant communities are to border security) are bound to notice, and perhaps appreciate how immigration enforcement raises wages for all.

Fake News, ORANGEMANBAD can do no good.

Democrats oppose better wages for blue collar workers at the expense of higher profits for wealthy Dem Donors, with the burden of supporting foreigners borne by the taxpayers.

+1000

Average annual wage gains slow to 3.2%, missing all estimates

https://www.bloomberg.com/news/articles/2019-04-05/u-s-payrolls-top-estimates-with-196-000-rise-wage-gains-ease?srnd=premium

Kakistocracy says

Average annual wage gains slow to 3.2%, missing all estimates

https://www.bloomberg.com/news/articles/2019-04-05/u-s-payrolls-top-estimates-with-196-000-rise-wage-gains-ease?srnd=premium

What are you saying, that we need more border enforcement to keep the rise in gains from slipping? Makes sense, less illegals undercutting wages, more gains for blue collar workers.

Kakistocracy says

Average annual wage gains slow to 3.2%, missing all estimates

And job gains top estimates by about 10% - also in your article.

What was the wage gain estimate? 3.3%? I got a suspicion the projected wage gains wasn't 5%.

MisterLearnToCode says

job gains top estimates by about 10% - also in your article.

Yes - but once again as was De rigueur during the previous administration what type of jobs are those ?

It is good that construction wages are up - really good. If the average annual wage gain has slowed to 3.2%, not so much,

Why do Democrats hate American construction workers?

WAGE GAINS SLOW

Average hourly earnings increased by 0.1 percent in March after jumping 0.4 percent in February. That lowered the annual increase in wages to 3.2 percent from 3.4 percent in February, which was the biggest gain since April 2009.

The length of the average workweek rose to 34.5 hours from 34.4 hours in February. As a result of the rebound in employment, modest wage gains and more hours worked, the aggregate weekly payrolls index, a proxy for take-home wages, increased 0.5 percent last month, which bodes well for consumer spending after it stalled in January.

https://www.reuters.com/article/us-usa-economy/u-s-job-growth-rebounds-in-march-but-wage-gains-moderate-idUSKCN1RH09H

zzyzzx says

Why do Democrats hate American construction workers?

Don't have a problem with construction workers, lots of jobs gong unfilled right now supposedly because the employers can not find enough skilled workers to fill the openings.

Type "construction worker shortage" in the search box and see what you get. Not enough immigrants, not enough anything...

Not enough people willing to work for shitty wages and benefits or ridiculous skill requirements for people that do not exist in the real world and if they did, the employers would be loathe to pay them a decent wage.

No one can find teachers, construction workers, tradesmen etc, - but no problem to roll out those ridiculously obscene salaries and benefit packages to get the "best available talent" to run U.S. companies right straight into the ground. Eddie Lampert and Jack Welch come to mind really fast

Kakistocracy says

Average hourly earnings increased by 0.1 percent in March after jumping 0.4 percent in February. That lowered the annual increase in wages to 3.2 percent from 3.4 percent in February, which was the biggest gain since April 2009.

So two months ago we had the biggest jump in wages since the Great Recession, and things are going to hell in a handbasket?!

Kakistocracy says

Don't have a problem with construction workers, lots of jobs gong unfilled right now supposedly because the employers can not find enough skilled workers to fill the openings.

Well, immigration from Guatemala and Mexico won't fix that. If it's really a skilled shortage.

IF True, the skilled shortage should last a bit, so wages rise. We shouldn't rush to allow more immigrants.

MisterLearnToCode says

So two months ago we had the biggest jump in wages since the Great Recession, and things are going to hell in a handbasket?!

The biggest jump was an "average" number based in % yes ? And it still was not enough to let people get ahead and even keep up with the costs of everything and I am not talking about the phony inflation number the government trots out.

MisterLearnToCode says

things are going to hell in a handbasket

They are...ever so slowly and starting to pick up a bit more momentum but yes - the road is getting clearer now and the handbasket will be coming into view quite soon.

Kakistocracy says

They are...ever so slowly and starting to pick up a bit more momentum but yes - the road is getting clearer now and the handbasket will be coming into view quite soon.

Well, a collapse was predicted since November 2016, so any downgrade motion now is just the business cycle, not any act of clairvoyance.

The fact that were are in an upswing most of the decade speaks to that as well.

Just like Von Mises types aren't geniuses for a Gold Uptick around 2008, since they were calling for a Gold Boom since the early 1980s.

#EconPrediction #Posterity

MisterLearnToCode says

so any downgrade motion now is just the business cycle

Kindly pass that tidbit on to the administration who believes another round of fiscal stimulus will cure all ills.

What say we keep the charade going until the 3rd week of November 2020 and then let the bottom fall out - all the way out.

Talk about a holiday season to remember - it will definitely be one for the books.

We have to give him a break. It’s hard when you predicted Trump would fall flat on his face before being impeached for either Russian Collusion or sheer incompetence. And then he proves you so fucking wrong, that you’d have to be 50% more right just to get to “inaccurate.”
Our TDS-afflicted friends need our sympathy. But we really don’t need their advice.

Kakistocracy says

Don't have a problem with construction workers, lots of jobs gong unfilled right now supposedly because the employers can not find enough skilled workers to fill the openings

Nope! Any job going unfilled is because the wages being offered aren't high enough.

U.S. small businesses continued their aggressive hunt for new workers and added employees at a near-record pace in March. That’s according to the latest employment report from the National Federation of Independent Business, due out later today.

“Job creation was solid in March with a net addition of 0.50 workers per firm (including those making no change in employment), close to February’s record of 0.52, and up from 0.33 in January,” reports NFIB Chief Economist William Dunkelberg. “Owners are trying to hold on to the employees...

https://www.wsj.com/articles/americas-amazing-job-market-11554396208

Quigley says

It’s hard when you predicted Trump would fall flat on his face before being impeached for either Russian Collusion or sheer incompetence

Kindly bring out the quotes where Moi has stated that....

Still upset because Moi indicated you are not worth the pay that the union says you are and non-union mechanics can do more, faster.

zzyzzx says

Nope! Any job going unfilled is because the wages being offered aren't high enough.

Nice you forgot to omit that part of my commentary.

MisterLearnToCode says

U.S. small businesses continued their aggressive hunt for new workers and added employees at a near-record pace in March. That’s according to the latest employment report from the National Federation of Independent Business, due out later today.

Don't need bold - just need to look at the desperate messages flooding my inboxes form places I have purchased something in the past and not even the near past, same with the postal mailbox and what I see advertised on the tube.

New 4 door extended cab pickups - Dodge, Ford, GMC, Chevy - $12,000 to $17,000 off, not even Memorial Day yet.

Our entire inventory of cars, 12-15% off...

Utter desperation to sell - next thing they will start tossing in free sex

Quigley says

And then he proves you so fucking wrong, that you’d have to be 50% more right just to get to “inaccurate.”

Quigley - you seem to be upset with Moi, Marcus but mostly Moi lately concerning my comments on your pay....the personal attacks are childish and desperate now which is neither here nor there since I maintain my position on that statement

As was passed on to CBOETrader...

Kakistocracy says

the personal attacks are childish a

I didn’t say anything that included your name. If you so strongly identify with the person i described, then don’t blame me for speaking the truth about such a (perhaps) hypothetical person!

Also I don’t care a bit what you think about my wages. It’s pretty irrelevant to the discussion and an obvious troll tactic.

Kakistocracy says

Don't need bold - just need to look at the desperate messages flooding my inboxes form places I have purchased something in the past and not even the near past, same with the postal mailbox and what I see advertised on the tube.

I'm getting desperate messages from CHY Na, where I brought some things in the past from.