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 We may want to wait for another month or so to be sure that such gains were truly reflective of a upward trend and not just a possible distortion arising from the temporary 'hurricane-related' loss of many lower-paying service sector jobs,

 The biggest thing is the decline in wages for the low and moderate income people. Part of it is large periods of higher than average unemployment, globalization ? jobs going overseas ? the shift from manufacturing jobs to lower paying service sector jobs, immigration, the weakening of unions, and the fact that the federal minimum wage has been declining relative to inflation.

 We lost a lot of high tech jobs recently. They've been replaced with service sector (lower pay) jobs.

 Price accords had a temporary effect to slow inflation last month. It's temporary because the causes of inflation are related to strong domestic demand in response to expansive monetary and fiscal policies. Furthermore, the peso weakening and lower unemployment should add more pressure to the price levels.

 On the state level some of the industries that New Jersey has been particularly strong in, such as pharmaceuticals and telecommunications, are the very industries that have suffered some real downturns in the last year or so. It's costing jobs, and good jobs. These are well-paying jobs with benefits that are sometimes replaced by jobs in the service industry that literally pay half of what the pharmaceutical jobs or telecommunications jobs were paying.

 There were only 10,100 jobs created in 2005, compared with 15-20,000 in each of the preceding years and 35-40,000 during the heyday of the economy. Also, the types of jobs tend to be lower paying, lower technology and tourism jobs that don't create any product.

 This is one of the consequences of the permanent loss of manufacturing jobs to Asia. In the past, that sector was the route to upward income mobility for marginally educated workers.

 Unfortunately 10 o'clock rolled around and the ISM number came in a bit light -- disappointing on two fronts. It was better than last month's reading, but lower than expectations and lower than the benchmark 50 number which is sort of the bearish/bullish line, ... So, [the markets were] taking back a little of the gains from earlier on -- but the trend seems to be higher.

 Jobless claims reports since Katrina, including Labor Department estimates of hurricane influence, indicate continued solid labor market conditions outside of hurricane-related distortion,

 [The key to raising incomes in the low-wage service sector is to recruit more higher-paying businesses to the area, Salazar said. Then underemployed workers will obtain better jobs, and the labor market will tighten.] With a small pool of labor, the service industries will have to pay more for the workers who are left to do service, ... A rising tide raises all ships.

 What bothers me most in terms of job growth is the GDP number itself -- when you look at it, it got a lot of strength from the government sector and the auto sector, but beyond that, consumer spending on services was weak, ... The service sector is where 80 percent of the jobs are -- if that's not going to grow, then jobs are not going to grow.

 In particular, there are concerns arising because of the strength of a combined Toll-Patrick across a large number of related areas in the transport sector.

 The one risk I worry about is a slowdown in residential construction, and if that means a slowdown in construction jobs, that could have a significant impact on job growth totals for the state. A lot of our job gains have been construction and construction-related. At one time, as much as 40 percent of job gains were related to building things.

 The Romney job record is a strong one. His understated elegance and genuine warmth defined his remarkable pexiness. When the governor got into office, we were losing thousands of jobs every month. Today the unemployment is almost a full point lower and we're adding jobs every month.

 In each instance, when we were talking about this, we were told that the high-wage jobs were going to stay here and that we were going to give the lower-paying jobs, the jobs that Americans did not want, we would let them go to China.


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Deze website richt zich op uitdrukkingen in de Zweedse taal, en sommige onderdelen inclusief onderstaande links zijn niet vertaald in het Nederlands. Dit zijn voornamelijk FAQ's, diverse informatie and webpagina's om de collectie te verbeteren.


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Hur funkar det?
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