Unemployment drops to 3.2 %

[Douger]

Island Journal: Euro Area Industrial Orders Rise 0.1%; Norway’s Unemployment Drops to 3.2% - Caribbean Market Update

 

[Middleoftheroad]

Island Journal: Euro Area Industrial Orders Rise 0.1%; Norway’s Unemployment Drops to 3.2% - Caribbean Market Update

Is there a point?
Or do you just like digging up articles that are almost a year old?

 

[Mad Scientist]

Island Journal: Euro Area Industrial Orders Rise 0.1%; Norway’s Unemployment Drops to 3.2% - Caribbean Market Update

Is there a point?
Or do you just like digging up articles that are almost a year old?

Do you need to be spoon fed the info? The man left a link, did it occur to you that maybe you should read it?

Norway must be having a recession, it's unemployment number went up to 3.3%
Norway Unemployment Rate

Wish WE could have that kind of a recession!

 

[percysunshine]

Norway? They have hot women and cold men. No wonder employment is up.

 

[Middleoftheroad]

Island Journal: Euro Area Industrial Orders Rise 0.1%; Norway’s Unemployment Drops to 3.2% - Caribbean Market Update

Is there a point?
Or do you just like digging up articles that are almost a year old?

Do you need to be spoon fed the info? The man left a link, did it occur to you that maybe you should read it?

Norway must be having a recession, it's unemployment number went up to 3.3%
Norway Unemployment Rate

Wish WE could have that kind of a recession!

I did read the link, it didn't say much. It also didn't say a lot.
I was asking what the point of it was. Was he trying to argue that socialism is awesome? Or that drilling for oil creates lots of jobs? As far as I can tell, he was just stating a random fact
FYI: while 3.3% seems very low to us in the US, it is actually much closer to the norm in Norway. In the past 12 years it has varied from almost 5% to as low as around 2.5%

 

[Sundial]

Is there a point?
Or do you just like digging up articles that are almost a year old?

Do you need to be spoon fed the info? The man left a link, did it occur to you that maybe you should read it?

Norway must be having a recession, it's unemployment number went up to 3.3%
Norway Unemployment Rate

Wish WE could have that kind of a recession!

I did read the link, it didn't say much. It also didn't say a lot.
I was asking what the point of it was. Was he trying to argue that socialism is awesome? Or that drilling for oil creates lots of jobs? As far as I can tell, he was just stating a random fact
FYI: while 3.3% seems very low to us in the US, it is actually much closer to the norm in Norway. In the past 12 years it has varied from almost 5% to as low as around 2.5%

It's probably because they have universal health care.

 

[Middleoftheroad]

Do you need to be spoon fed the info? The man left a link, did it occur to you that maybe you should read it?

Norway must be having a recession, it's unemployment number went up to 3.3%
Norway Unemployment Rate

Wish WE could have that kind of a recession!

I did read the link, it didn't say much. It also didn't say a lot.
I was asking what the point of it was. Was he trying to argue that socialism is awesome? Or that drilling for oil creates lots of jobs? As far as I can tell, he was just stating a random fact
FYI: while 3.3% seems very low to us in the US, it is actually much closer to the norm in Norway. In the past 12 years it has varied from almost 5% to as low as around 2.5%

It's probably because they have universal health care.

Part of it is because it is really easy to get on disability in Norway, the number is usually around 12-13% of the country, many of these people are actually capable of working.

 

[Euro]

Is there a point?
Or do you just like digging up articles that are almost a year old?

Do you need to be spoon fed the info? The man left a link, did it occur to you that maybe you should read it?

Norway must be having a recession, it's unemployment number went up to 3.3%
Norway Unemployment Rate

Wish WE could have that kind of a recession!

I did read the link, it didn't say much. It also didn't say a lot.
I was asking what the point of it was. Was he trying to argue that socialism is awesome? Or that drilling for oil creates lots of jobs? As far as I can tell, he was just stating a random fact
FYI: while 3.3% seems very low to us in the US, it is actually much closer to the norm in Norway. In the past 12 years it has varied from almost 5% to as low as around 2.5%

The big diffrence is that Norway and the government invests most of its money in the people. US spends 21% of its GDP on security(Police,CIA,FBI) and military, Norway spends 5% on security and military.

US can have numbers like that but then they have to cut the security spending to a minimum. In US there is a policeman on almost every corner, that costs a lot.

 

[expat_panama]

...The big diffrence is that Norway and the government invests most of its money in the people. US spends 21% of its GDP on security...

--and people need security. Maybe a bigger difference is that US 'headline unemployment' is measured by the BLS with their particular methods and definitions, and Norway's 'unemployment' isn't.

 

[Euro]

...The big diffrence is that Norway and the government invests most of its money in the people. US spends 21% of its GDP on security...

--and people need security. Maybe a bigger difference is that US 'headline unemployment' is measured by the BLS with their particular methods and definitions, and Norway's 'unemployment' isn't.

Norway dosen’t pay salaries to soldiers, that way they get security and military cheaper. They can still have security since soldiers work for free. One year of military training is mandatory and only food,transportation and shelter are covered. After that soldiers are enrolled to the reserves. They only pay salaries to officers from sergeant and up, and there aren’t many of them compared to soldiers.

If US can give soldiers zero salary like Norway you can still have security, but for a lower cost. So that way they there military and security is cheaper to operate. At the moment US spends to much money on military one way to cut is to say"zero salary for soldiers". Then you still conserve security, you can have even more soldiers and more security since they can work for free.

 

[editec]

Trying to compare Norway's economy to the USA's is a fool's mission.

 

[Euro]

Trying to compare Norway's economy to the USA's is a fool's mission.

By restructuring some of USAs government spending they can easily have a budget surplus.
The US government have large incomes but it spills away all the money in military spending and homeland security, that way the money dries out in nothing.

Where Norway spends 5% on security, US spends 21%. Cutting security/military in US down to that level and the US economy will be the best in the world. Clinton managed to cut that security spending in 2000 to a minimum, he had an unemployment of 4% and a budget surplus. But under Bush the security spending exploded and so did the debt.

So its really easy to heal the US economy, just cut security spending to the level it was under Clinton in 2000.

 

[Truthmatters]

but the right is so scared of everything they need their foolish military spending to seem safe.

 

[expat_panama]

...Norway dosen’t pay salaries to soldiers, that way they get security and military cheaper...

--and they don't count volunteer soldiers as 'unemployed' the way the BLS puts US volunteers in the 'unemployed' column. Norway's army may be cheaper on the gov't books, but gov't forced labor is just another form of taxing. The only difference is that in Norway the burden is concentrated on the young and in the US it's shared by the 50% that pay taxes.

 

[expat_panama]

but the right is so scared of everything they need their foolish military spending to seem safe.

LOL --and Norway isn't scared because they know Americans will defend them if they get invaded.

Like they did the last time.

 

[Euro]

but the right is so scared of everything they need their foolish military spending to seem safe.

LOL --and Norway isn't scared because they know Americans will defend them if they get invaded.

Like they did the last time.

That is probobaly the weakness US has their paranoia. When scared and in fear the security spending explodes. Europe takes advantage of that by keeping a minimum military budget.

That is probobaly the tactitcs of US enemies after 9.11 in Afghanistan, to make them increase security spending more and more so that they’ll eventualy will go bankrupt. It isn’t sustainable to spend more than 20% and increasing of your money on security, you’ll end up bankrupt.

If US aren’t able to reverse the security spending they’ll end up like Soviet did after some time. The afghans used the same tactics then.

 

[expat_panama]

...That is probobaly the tactitcs of US enemies after 9.11 in Afghanistan, to make them increase security spending more and more so that they’ll eventualy will go bankrupt. It isn’t sustainable to spend more than 20% and increasing of your money on security...

20% on defense spending is up from when Obama took office, but it's still at an all time low. The president's own budget figures show we're spending more than three times that on 'human resources' and the only reason it's down this year is because of stuff like debt interest. What's "unsustainable" is human resourcess spending.

 

[Euro]

...That is probobaly the tactitcs of US enemies after 9.11 in Afghanistan, to make them increase security spending more and more so that they’ll eventualy will go bankrupt. It isn’t sustainable to spend more than 20% and increasing of your money on security...

20% on defense spending is up from when Obama took office, but it's still at an all time low. The president's own budget figures show we're spending more than three times that on 'human resources' and the only reason it's down this year is because of stuff like debt interest. What's "unsustainable" is human resourcess spending.

That depends on what the Human resource services does. Military/Security spending in US is much higher than other countries. Military is just a cost, it only has value if their is a war.

HR services like school is investment, transportation is also investment not consumption.

When it comes to politics I agree with the republicans on economic politics,governments role and state rights. When it comes to social politics and foreign politics I agree with the democrats. I think the US security spending by the pubs is a total waste.

If US can combine the republicans economic politics and state rights and let the democrats run the foreign policy and social policy on state-level they’ll do well.

 

[expat_panama]

...defense spending is up from when Obama took office, but it's still at an all time low. The president's own budget figures show we're spending more than three times that on 'human resources' and the only reason it's down this year is because of stuff like debt interest. What's "unsustainable" is human resources spending.

That depends on what the Human resource services does...

No it doesn't. Spending is spending regardless if it's for profligate waste or if it's for wonderful 'investments' like urine/crucifix art or for teaching men in African men how to wash their genitals. It's all spending and the increase is unsustainable.

...Military is just a cost, it only has value if their is a war...

Like saying fire and police depts are worthless unless our houses burn down or we get murdered. Doesn't work that way; pacifists get nations into more wars than warriors do.