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RE: Unemployment rate lowest in my lifetime(nm)
Posted on: December 6, 2019 at 14:41:06 CT
MrBlueSky MU
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https://www.forbes.com/sites/jackkelly/2019/11/25/the-frightening-rise-in-low-quality-low-paying-jobs-is-this-really-a-strong-job-market/#458198844fd1
Bloomberg asserts, “If quality is more important than quantity, the U.S. labor market isn’t as good as the headline numbers indicate,” as it relates to the index. Daniel Alpert, an adjunct professor at Cornell Law School said, “This will be the grain of salt to take with the rest of the jobs data.” Alpert, who also works on Wall Street and is a managing partner of Westwood Capital added, “This is talking about the erosion of the middle class: the more people you have in low-wage, low-hour jobs, the worst inequality is.”
Edited by MrBlueSky at 14:47:25 on 12/06/19
Bloomberg asserts, “If quality is more important than quantity, the U.S. labor market isn’t as good as the headline numbers indicate,” as it relates to the index. Daniel Alpert, an adjunct professor at Cornell Law School said, “This will be the grain of salt to take with the rest of the jobs data.” Alpert, who also works on Wall Street and is a managing partner of Westwood Capital added, “This is talking about the erosion of the middle class: the more people you have in low-wage, low-hour jobs, the worst inequality is.”
Edited by MrBlueSky at 14:47:25 on 12/06/19
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RE: Unemployment rate lowest in my lifetime(nm) - MrBlueSky MU - 12/6 14:41:06