I thought Harry Reid said the 1% didn't employ anyone?

adiabat: I thought Harry Reid said the 1% didn't employ anyone?

They aren't.. 2.3 million jobs lost prior to the bottom of the recession, and they're raking the cash in bigtime with only a fraction of the workers.

That's what they call a "productivity increase".

The place i work, well, we maintain and extend a mature software package you have never heard of. It's a small office that belongs to a large global corporation. The best performing part of the worst performing segment of the company.

So corporate spent 2009 and 2010 squeezing us while increasing our workload. 60 hour weeks became normal. People got laid off, other people just up and quit.

And then early this year, we ganged up on management and told them that this had to stop.

It stopped. A bunch of people have been hired, and we're not taking on more work than we can actually do.

Power to the people. Workers of the world unite.

"What about those 2 million people that lost jobs?" Strauss asks. "Can't you hire those back? What you find out from people is that even though they were classified as being in manufacturing, many of them lack the kind of skills that are required in this more 21st century manufacturing."

Strauss says he's optimistic that the manufacturing sector will continue to do well in the coming year. But he also says it will need more workers who have the exact skills needed to do the new jobs.

It's too bad you can't hire those people, and make a long term investment by training them yourself. What, you want the government to give you a handout and train your workforce for you, so you can make more money, and complain about how much you pay in taxes?

waiting4godot: I really doubt that the owner of "Chicago White Metal Casting" is in the 1%.

That's ~$500,00/year it's not impossible.

lewismarktwo: KyngNothing: "What about those 2 million people that lost jobs?" Strauss asks. "Can't you hire those back? What you find out from people is that even though they were classified as being in manufacturing, many of them lack the kind of skills that are required in this more 21st century manufacturing."

Strauss says he's optimistic that the manufacturing sector will continue to do well in the coming year. But he also says it will need more workers who have the exact skills needed to do the new jobs.

It's too bad you can't hire those people, and make a long term investment by training them yourself. What, you want the government to give you a handout and train your workforce for you, so you can make more money, and complain about how much you pay in taxes?

They can't afford to invest in training employees because those darn ungrateful bastards might have the audacity to work for someone else at some undefined point in the future. Bastards. Some short sighted competitor will train them and then 'non training company A' will reap the benefit.

Mostly because the training company is not willing to give a newly trained employee the pay he is worth. Just because you train them doesn't mean you own them.

A big part of the Chicago White Metal Castings chart has to be the bounce off 1.20 in the price of aluminum.

markie_farkie: adiabat: I thought Harry Reid said the 1% didn't employ anyone?

They aren't.. 2.3 million jobs lost prior to the bottom of the recession, and they're raking the cash in bigtime with only a fraction of the workers.

And they're afraid to add new jobs because of "regulations".

narkor: Where the real problem will come is as people move into purchasing online. In the next couple of years retail jobs are going to dissapear in a way that makes the loss of manufacturing jobs seem as though it occurred in slow motion. The economy will keep growing, but unemployment will as well.

one problem is baby boomers are retiring, and the labor supply should be shrinking, leading to increased competition for jobs, and therefore higher wages, but it simply isn't happening. we need more jobs each and every month just to to satisfy demand. that is why even though when we create 100,000 jobs the newsman says *well, that's good, but not enough to lower unemployment because we needed 120,000 jobs to just break even!*.

that's because democrats immigration policies put in place in the 1960's through the Immigration and Nationality Act has resulted in a shiat load of foreigners coming to the united states and competing for jobs.
unfortunately these foreigners also are often willing to take less in wages than indigenous Americans.

fully 2 of each 3 additional people here in america since 1970 arrived either as the children as immigrants or as immigrants themselves. now, of course this is great for the democrat party. but for everyone already here, people who need jobs, people who need to sell their manual labor for a living, they aren't doing so well. and it will only get worse as automation and critical mass of immigrants that are already here beget more immigrants. democratic immigration policies have been an unmitigated disaster for lower class americans, a boom for third world immigrants willing immigrate to america, extremely enriching for the 1% of americans, and a disaster for america.

YouPeopleAreCrazy: Drakuun: Productivity increase, my ass...

Yeah, productivity increases happen. Figure out a better, faster, less manual way to do something.
Hell...a decade ago I wrote a routine that took 30 hours (weekly) of manual PowerPoint creation and reduced it to a button click, and 30 minutes of cleanup.

Result? 1 position eliminated, and 1 reassigned.

So am I evil for causing 1 woman let be go?

A little bit.

But anyone with a job that can be replaced by a machine should be figuring out a way they can get into some other job. And if they are simply too feeble-minded to do this, well, i feel very sorry for them, because they have a hard life ahead of them.

People get this idea that because their father and their grandfather earned a decent living doing the same thing over and over, that means that they should be able to do that too, and so should their children.

But eventually laser lithography is invented and nobody needs typesetters to arrange movable type anymore.

our immigration system is built to support a political party, not to support wage levels. it has reached a critical mass, and if it is not changed, wage levels will never increase again. it is as simple as supply and demand.

As of 2006, the United States accepts more legal immigrants as permanent residents than all other countries in the world combined.[1] Since the removal of ethnic quotas in immigration in 1965,[2] the number of first- generation immigrants living in the United States has quadrupled,[3] from 9.6 million in 1970 to about 38 million in 2007.[4] 1,046,539 persons were naturalized as U.S. citizens in 2008. The leading emigrating countries to the United States were Mexico, India, the Philippines, and China.[5] Nearly 14 million immigrants came to the United States from 2000 to 2010.[6]


http://en.wikipedia.org/wiki/Immigration_to_the_United_States (new window)

***I say it has reached a critical mass because our system is base don familial reunification.

relcec: our immigration system is built to support a political party, not to support wage levels. it has reached a critical mass, and if it is not changed, wage levels will never increase again. it is as simple as supply and demand.

As of 2006, the United States accepts more legal immigrants as permanent residents than all other countries in the world combined.[1] Since the removal of ethnic quotas in immigration in 1965,[2] the number of first- generation immigrants living in the United States has quadrupled,[3] from 9.6 million in 1970 to about 38 million in 2007.[4] 1,046,539 persons were naturalized as U.S. citizens in 2008. The leading emigrating countries to the United States were Mexico, India, the Philippines, and China.[5] Nearly 14 million immigrants came to the United States from 2000 to 2010.[6]

I was pretty sure that our immigration laws were designed to support agribusiness, the hospitality industry, etc.

http://en.wikipedia.org/wiki/Immigration_to_the_United_States (new window)