Jobs, Jobs, and More Jobs
Caterpillar is bringing back 9,000 laid-off workers worldwide.
McDonald's is planning big "Hiring Day" for 700 part-time crew and managers in Utah.
Thanks to Kevin Wroblewski for the McDonald's story.
CARPE DIEM
Professor Mark J. Perry's Blog for Economics and Finance
Friday, April 30, 2010
McDonald's is planning big "Hiring Day" for 700 part-time crew and managers in Utah.
Thanks to Kevin Wroblewski for the McDonald's story.
About Me
- Name: Mark J. Perry
- Location: Washington, D.C., United States
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan. Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
Previous Posts
- What If I Had Bought Apple Stock Instead?
- Consumer Spending is Back: 3-Year High in QI
- Kick-Ass: Rail Freight Traffic Hits 16-Month High
- Markets In Everything: Obama Graduation Tickets
- Blog Review
- Brawlin’ in the Ukraine Parliament
- Market-Based Membership Approach to Healthcare At ...
- Chi. Fed Index: Another V-Shaped Recovery Sign
- Just One Word: Plastics
- Cartoon of the Day: This Says It All
10 Comments:
3,000 in the US, 6,000 in the rest of the world. Seems like the ratio we'll be hearing about for a while.
Cats ratio is not surprising because the demand is in the rest of the world. Construction is very slow in the US but going great guns elsewhere
According to Adam Smith (Theory of Absolute Advantage) and David Ricardo (Theory of Comparative Advantage) under free trade all 9000 jobs should be in the US regardless of how slow construction is in the US.
"under free trade all 9000 jobs should be in the US regardless of how slow construction is in the US"...
Oh really? I thought Adam Smith was dealing with commodities in Absolute Advantage...
Boy! Did I ever miss it...
Oh good,
That should help us with yet another jobless recovery
Oh, goody.
9000 jobs is good, but it doesn't sound like it will bring back much to the U.S.
And break open the champagne, 700 $7 hr jobs at McDonalds, where we have already paid millions of dollars in subsidized training costs. What a wealth creation center that is going to be.
27 million people unemployed or underemployed, so just a few to go...
Be a good boy crawl up your employers rectum and be thankful to God that you have a workplace to arrive at on Monday mornings.
Because in similar great depression days unemployment reached thirty percent of the workforce.
Hardly the ratios worth crowing about. Now if it was 9000 in the US (versus 3700) , then it might mean something. If it isnt in our national jurisdiction, it isnt our problem.
3,000 in the US, 6,000 in the rest of the world. Seems like the ratio we'll be hearing about for a while.
That problem can be solved neatly in the US's favor.
Because in similar great depression days unemployment reached thirty percent of the workforce.
You just described the GOP's(and some of the Democrats) plan.
"You just described the GOP's(and some of the Democrats) plan"...
You have something credible we can link to that backs that statement up sethstorm or is it your usual make it up as you go along method?
From CNN Money dated April 26: Economists: The stimulus didn't help
'NABE conducted the study by polling 68 of its members who work in economic roles at private-sector firms. About 73% of those surveyed said employment at their company is neither higher nor lower as a result of the $787 billion Recovery Act, which the White House's Council of Economic Advisers says is on track to create or save 3.5 million jobs by the end of the year'...
juandos, You can't measure the jobs that might have been lost without the stimulus, so how can the article authors assume the stimulus did not help using employer polling methodolgy?
Post a Comment
<< Home