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Updated almost 4 years ago on . Most recent reply

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Jay Hinrichs
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  • Lender
  • Lake Oswego OR Summerlin, NV
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Todays Jobs Reports on the news

Jay Hinrichs
#1 All Forums Contributor
  • Lender
  • Lake Oswego OR Summerlin, NV
Posted

If you saw the news this morning JOBs report is not as good as anticipated.

I dont know about other parts of the country but when I went to a Panda Express to buy MIss Lori some lunch big poster for hiring
15.50 an hour for basic server 16.50 hour for cook..    

Probably not going to change much until feds wean people off of stim money.

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JLH Capital Partners

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  • Singapore
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Replied
Originally posted by @Jay Hinrichs:

If you saw the news this morning JOBs report is not as good as anticipated.

I dont know about other parts of the country but when I went to a Panda Express to buy MIss Lori some lunch big poster for hiring
15.50 an hour for basic server 16.50 hour for cook..    

Probably not going to change much until feds wean people off of stim money.

My understanding is that a lot of blue collar people moved away from high cost cities during the pandemic since their jobs all disappeared. It will take some time for them to come back (if they ever do). Low service level wages and high rents are a better explanation than government largesse for this phenomenon.

 And nobody sucks on the government teats harder than bankers and billionaires. Look at the  bank bailouts and tax breaks given to companies like Amazon to set up warehouses. So all this whining about poor people getting a few bucks is getting really tiresome.

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