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Post by mdub on Apr 7, 2011 21:40:48 GMT -6
In an attempt to find any evidence of the government's claimed 230 K private sector job growth in March, I came across this article. The biggest gain by far is McDonald's which is adding 50 K mostly minimum wage jobs. "Defense" contractors, Wal Mart, Kohl's, and a few tech companies plan to hire a few hundred workers. I can't find any evidence of the claimed 17 k manufacturing jobs, or the 17 k Paramedic and EMT jobs that were supposedly added. I have an EMT certificate and have been looking for months, and it's pretty dry.... www.thestreet.com/story/10968897/8/hiring-heats-up-companies-hiring-in-2011.html#
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Post by unlawflcombatnt on Apr 7, 2011 23:14:52 GMT -6
I'm not seeing the gains either.
For California physicians, the same is true. Demand continues to decline. And this is completely supported by the fact that hourly wages for California physicians are at the same level in current dollars today as they were in 1994. At the same time, rents & home prices are over 2x as high.
The consolidation in the medical industry, as well as other industries, has reduced labor demand and increased the wage-suppressing power of employers.
Also, it's gotten to where a large number of employers not only refuse to hire new workers, but threaten to lay off longer term employees--if the Government won't give them some kind of a handout from the Government and taxpayers--some kind of Corporate Welfare.
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Post by mdub on Apr 8, 2011 15:40:19 GMT -6
ULC, are you a physician?
I was looking for any data on monthly seasonal adjustments, but can't find any....
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