Neubarth
At the Ballpark July 30th
It appears that we have a new normal for UI claims. We have been hovering above and below 400,000 a week for a long time now. It used to be around 330,000.
That adjustment upwards might be indicative of the Changing of the Work Force from manufacturing to service sector. Since most service sector work is not highly skilled ("Ya want fries with dat?") I expect that there is a higher turnover rate.
I'm 63 and know seven guys and gals in my age range who are working service sector (fries with dat) jobs. As they all keep on telling me, "Anything to get by!"
They never would have thought five years ago that they would be in the position they presently are in. From desk jobs to standing jobs (And they all tell me that they are in pain for most of their shift).
Is this the new NORMAL?
That adjustment upwards might be indicative of the Changing of the Work Force from manufacturing to service sector. Since most service sector work is not highly skilled ("Ya want fries with dat?") I expect that there is a higher turnover rate.
I'm 63 and know seven guys and gals in my age range who are working service sector (fries with dat) jobs. As they all keep on telling me, "Anything to get by!"
They never would have thought five years ago that they would be in the position they presently are in. From desk jobs to standing jobs (And they all tell me that they are in pain for most of their shift).
Is this the new NORMAL?