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U.S. job openings post biggest drop in more than four years

reuters.com

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Re: U.S. job openings post biggest drop in more than four years

#71

Post by Domenic_S »

jayd16 wrote: post #44
rusttoxic wrote: post #29

Earlier quoted context omitted.

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.

Don't know any state or federal workers? Traditional pensions are still offered by about 84% of state and local governments. That's cops, teachers, etc.

Re: U.S. job openings post biggest drop in more than four years

#72

Post by lame-robot-hoax »

skrowl wrote: post #11

All 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.

Good god, is this supposed to be ironic? Imagine trying to paint Reuters as biased. Next thing you’ll be telling me that the Associated Press is biased as well.

And really? USMCA? You mean NAFTA 2.0? Imagine acting like “passing” USMCA has any meaning. It’s just NAFTA. Tell me when we pass the TPP. Oh wait, we messed up and now that ship has sailed without us.

This is news whether you like it or not. Sorry, there is no “spin” here. Reuters reports news. They report the stock market being up, they report yield curve inversions, they report it all. There’s no hidden agenda, get over it.

Re: U.S. job openings post biggest drop in more than four years

#73

Post by grecy »

Turing_Machine wrote: post #32
aerovistae wrote: post #27

Earlier 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.

And what percentage of the poorest 50% of Americans have even $5,000 in any kind of retirement savings?

Re: U.S. job openings post biggest drop in more than four years

#74

Post by gknoy »

coldpie wrote: post #60
jayd16 wrote: post #44

Earlier quoted context omitted.

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.

I entered the workforce about 10 years ago and I genuinely don't even know what a pension is. I know what a retirement plan is, and employer matching. I guess a pension is something different from that.

A pension is a plan where your employer promises to pay you money _after you retire_, in perpetuity. In the "olden days", or when working for the government, one often would work at the same employer for 20+ years, and a pension is a way for that employer to support you. (My dad has multiple pensions from when he worked at a large company, and then later for the local county government.) In general, it scales up the longer you worked for a company. This was back when companies and employees were "loyal" to one another.

That seems to be a lot less common now.

https://www.investopedia.com/ask/answers/100314/whats-differ...

Re: U.S. job openings post biggest drop in more than four years

#75

Post by Domenic_S »

departure wrote: post #62
rusttoxic wrote: post #29

Earlier quoted context omitted.

Ummm what are pension funds?

Less than 13% of US private sector workers participate in pensions plans[0]. [0] https://www.pensionrights.org/publications/statistic/how-man...

Nearly 22 million people work for the state, federal, and local governments, nearly 20% of the active workforce.

https://www.bls.gov/oes/current/999001.htm

Re: U.S. job openings post biggest drop in more than four years

#77

Post by degobah »

skrowl wrote: post #11

All 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.

So what you're saying is that when a reporter noticed that the monthly job openings number hit a 4 year low, the Reuters service should not have released a short article stating that fact, otherwise they're "salivating over finding something they can spin as negative about the current economy."

Sounds like you're biased in your media assessment.

Re: U.S. job openings post biggest drop in more than four years

#79

Post by 12xo »

Mikeb85 wrote: post #56
12xo wrote: post #37

Earlier quoted context omitted.

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.

Don't comment on extremely basic financial concepts if you don't understand them SMH... > Fundamentally there is no difference is the debt at .01% or 15% Wow indeed. Literally no words.

So you truncate my sentence, call me an idiot and cite nothing to back your assertion?. Oh-Kay buddy.

Debt requires a payment to the holder. Regardless of the interest rate, if the debtor cannot make the payment, the rate of interest is fully irrelevant.

If the holder cannot collect, the value of the debt and the borrowed assets value decrease.

Re: U.S. job openings post biggest drop in more than four years

#80

Post by AznHisoka »

wpride wrote: post #31
johnward wrote: post #24

Earlier 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.

Job openings has been reported by the government every month for a long time. This isn’t obscure, cherry picked news.
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