There is an interesting interactive at the New York Times. (click title to entry - thank you). The last time the job rate was approximately 121,000 was October 2011.
An interesting phenomena happened after Thanksgiving 2011. Business found they could extend that consumerism into months going forward. The "Black Friday Effect" has been an advertising agenda in most industries, except, cars. The car industry is pushing fuel economy with innovative energy choices as they should.
But, in retailing there has a been a string of successes in extending the "Black Friday Effect" over months and not days. I believe the job increases in the following months from October 2011 is due to this new marketing method. It also includes small retailers in a way that has worked well for them, too.
President Obama promised when jobs were created they would be sustainable and that is true in markets where permanent employees are hired over temporary employees.
I don't believe we are slowing down in sustainable jobs. Even China is coming to the USA to find qualified labor in industry of alternative energies.
China's investors are learning 'impoverishing the worker' is bad for business and have sought to improve the opportunities for workers globally. Basically, this is a strong indication that China is not interested in isolating and monopolizing manufacturing while their market places around the world wallow with indifference to their products.
...ENN’s project highlights (click here) the growing clout of Chinese capital in this country. Chinese investment in the U.S. jumped to 66 deals worth $4.5 billion in 2011, up from just 11 deals worth $146 million in 2003, according to the Rhodium Group, a New York-based firm that researches trade with China. While it is rising quickly, that total is still far lower than countries such as Switzerland, whose $42 billion infusion makes it the top foreign investor, according to a July report from the U.S. Commerce Department....
What has been a magnificent approach of this administration came in focusing on sincerely small business and the growth of Main Street. With an entire generation without a future there was a moral issue facing the USA that was not being solved by Wall Street. As a country we need to continue to invest in our generation of unemployed and allow their growth to be nurtured at every turn to empower them to build their tomorrows.
Go get 'em, Harry !!!!
An interesting phenomena happened after Thanksgiving 2011. Business found they could extend that consumerism into months going forward. The "Black Friday Effect" has been an advertising agenda in most industries, except, cars. The car industry is pushing fuel economy with innovative energy choices as they should.
But, in retailing there has a been a string of successes in extending the "Black Friday Effect" over months and not days. I believe the job increases in the following months from October 2011 is due to this new marketing method. It also includes small retailers in a way that has worked well for them, too.
By Lucia Mutikani
WASHINGTON, April 6 (Reuters) (click here) - A sluggish U.S. economy added jobs at far slower pace than expected in March, keeping the door open for the Federal Reserve to provide further monetary support, even as the unemployment rate fell to a three-year low of 8.2 percent.
Employers added 120,000 jobs last month, the Labor Department said on Friday, the smallest increase since October and way below the lowest estimate in a Reuters survey. Economists had expected an increase of 203,000 and the jobless rate to hold at 8.3 percent.
The retail sector shed jobs for the second straight month, pulling down job growth in the massive service sector. Manufacturing jobs picked up a little but hours worked slipped....
The good news is, and this is looking at that New York Times interactive, there is an ever stabilzing economy with job grown at least 100,000 per month over a year even with retail upticks.President Obama promised when jobs were created they would be sustainable and that is true in markets where permanent employees are hired over temporary employees.
I don't believe we are slowing down in sustainable jobs. Even China is coming to the USA to find qualified labor in industry of alternative energies.
China's investors are learning 'impoverishing the worker' is bad for business and have sought to improve the opportunities for workers globally. Basically, this is a strong indication that China is not interested in isolating and monopolizing manufacturing while their market places around the world wallow with indifference to their products.
...ENN’s project highlights (click here) the growing clout of Chinese capital in this country. Chinese investment in the U.S. jumped to 66 deals worth $4.5 billion in 2011, up from just 11 deals worth $146 million in 2003, according to the Rhodium Group, a New York-based firm that researches trade with China. While it is rising quickly, that total is still far lower than countries such as Switzerland, whose $42 billion infusion makes it the top foreign investor, according to a July report from the U.S. Commerce Department....
Welcoming investment capital to the USA when it creates jobs and a more vibrant economy is a good thing. It is the vitality of the market place every global company needs to seek out and capture. It is not wrong to invest in China and India, but, it is dangerous and completely stupid to maintain the global economy can survive on subsistence wages. There is no growth within that paradigm and only implosion as the resources to customers of merchandise shrinks.
The CEOs that sought out cheap labor didn't do themselves any favors in the long view. It caused more damage to the vitality of any economy than it ever did any good.
Go get 'em, Harry !!!!
