tag:blogger.com,1999:blog-5912833783359356343.post1181660244055309647..comments2023-11-02T06:44:25.146-05:00Comments on Molly's Middle America: We Only Need 65,500 Jobs a Month To Accommodate Population Growth?Middle Mollyhttp://www.blogger.com/profile/11441441493867436577noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-5912833783359356343.post-45021137094404548912014-10-05T13:40:53.479-05:002014-10-05T13:40:53.479-05:00I'm sorry that I didn't see your comment e...I'm sorry that I didn't see your comment earlier. You are confusing NET and GROSS numbers of jobs. The 200,000 new jobs each month is a NET number, meaning that we have 200,000 MORE jobs than we did the last month. But it doesn't mean that ONLY 200,000 people have been hired in that month. <br /><br />The JOLTS report tells us the whole story of how many people have been hired for new jobs, how many people have been terminated, etc. The JOLTS data is about 6 weeks behind the monthly jobs data, so the latest data that we have now is for July. In July 1,632,000 people were laid off or fired. Altogether in July, there were 4,998,000 "separations" meaning people who left their jobs for any reasons, most of whom quit their jobs. But 5,319,000 people were hired in July! Over time these numbers do balance out to the monthly jobs numbers.. but you can see that there were about 300,000 more people starting jobs than leaving jobs in July. <br /><br />Also, in July 1,200,000 people filed for first time unemployment. This jives completely with the 1,600,000 people who were laid off or fired in July, as not all who are laid off or fired are eligible for unemployment benefits. <br /><br />No wool has been pulled over the American public's eyes, Anonymous.. Just a lot of data that a math-challenged, easily-brainwashed public doesn't understand.Middle Mollyhttps://www.blogger.com/profile/11441441493867436577noreply@blogger.comtag:blogger.com,1999:blog-5912833783359356343.post-47448627130204787552014-09-25T23:45:40.096-05:002014-09-25T23:45:40.096-05:00The last 54 weeks we had 16,217,000 new sign up fo...The last 54 weeks we had 16,217,000 new sign up for unemployment . Creating 100,000 new jobs a week is a far figure thats needed , not a good sign , the wool has been pulled over the American public's eyesAnonymousnoreply@blogger.com