We’d really need to see more historical data and also how that correlates with employment levels. It could mean nothing, it could even be a positive indicator but they didn’t provide enough information to make those interpretations so the null hypothesis is that this is bad.
U.S. job openings post biggest drop in more than four years
41–50 of 276 posts
Re: U.S. job openings post biggest drop in more than four years
#42All 3 stock indexes record high opening. Consumer confidence 20 year high. Enormous USMCA trade deal finally passed by US Congress after the House sat on it for a year. Reuters just salivating over finding something they can spin as negative about the current economy.
Except, of course, as people are finally starting to notice and point out, high stocks only benefit the top 10% of society, and are a useless indicator for the vast majority, who have little to no holdings.
And any workers who plan on retiring
Re: U.S. job openings post biggest drop in more than four years
#43Re: U.S. job openings post biggest drop in more than four years
#44Earlier quoted context omitted.
Except, of course, as people are finally starting to notice and point out, high stocks only benefit the top 10% of society, and are a useless indicator for the vast majority, who have little to no holdings.
Ummm what are pension funds?
Indeed, "what are pension funds"? I don't have a pension. No one I know personally has a pensions. The younger or non-tech people I know have little to none in their 401k.
Re: U.S. job openings post biggest drop in more than four years
#45Earlier quoted context omitted.
Except, of course, as people are finally starting to notice and point out, high stocks only benefit the top 10% of society, and are a useless indicator for the vast majority, who have little to no holdings.
Ummm what are pension funds?
Pensions as we know them won't exist in five to ten years.
Re: U.S. job openings post biggest drop in more than four years
#46Earlier quoted context omitted.
They don't give an opinion on if this is negative or positive.
What news they choose to make News is an opinion.
How are they making this news? News is simply news - there are no opinions here.
Click on the business section of Reuters, this isn't even a headline.
Re: U.S. job openings post biggest drop in more than four years
#47This doesn't indicate if is good or bad. You need to know employment rate as well, all the job could be getting filled faster than they are opened.
Good? Bad? Market economies do not operate based on these notions. This certainly indicates a slowing in demand for labor. Employment rate is not the full picture either -- wages being stagnant would support the low demand for labor hypothesis even if employment was high.
Hit this link and use the Wage Level filter. The poor are seeing faster wage growth than any other income quintile. The richest wage earners are seeing the slowest growth - income equality must be dropping quickly, even if wealth inequality might not be do to stock ownership.
Re: U.S. job openings post biggest drop in more than four years
#48Earlier quoted context omitted.
Look at interest rates. The cost of borrowing matters more than the amount borrowed.
Wow... That's an interesting assertion and frankly, crazy. Care to explain? Fundamentally there is no difference is the debt at .01% or 15%, if one cannot make the payment, they are in trouble. If the holder of the debt cannot collect, they're in trouble.
The Unites States will always pay the coupon. QE4 is currently supporting our record issuance in the repo market - you know, the support that was supposed to be unwound by now, but has in fact grown in position since the beginning of the year.
We will monetize our debt forever, just like Japan, until there are currency consequences. The MMT people argue there will never be said currency consequences. We shall see.
Re: U.S. job openings post biggest drop in more than four years
#49Earlier quoted context omitted.
Except, of course, as people are finally starting to notice and point out, high stocks only benefit the top 10% of society, and are a useless indicator for the vast majority, who have little to no holdings.
> high stocks only benefit the top 10% of society, and are a useless indicator for the vast majority, who have little to no holdings. This is absolutely not true. Most pension plans are at least partially invested in stocks.
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Re: U.S. job openings post biggest drop in more than four years
#50Earlier quoted context omitted.
Look at interest rates. The cost of borrowing matters more than the amount borrowed.
Wow... That's an interesting assertion and frankly, crazy. Care to explain? Fundamentally there is no difference is the debt at .01% or 15%, if one cannot make the payment, they are in trouble. If the holder of the debt cannot collect, they're in trouble.
Not that I entirely agree with the parent, but as you said:
> if one cannot make the payment, they are in trouble.
That's a function of cost of borrowing, not the amount borrowed.