In addition to the title question, given Trump's predilection for equivocation, prevarication and paltering, one must ask also whether Trump will consider those workers as part of the 94M people he cited as not being in the workforce. Of course, they aren't in the workforce, but like the majority of the 94M people Trump cited in his first address to Congress, it is by their own choice that they are not, thus they don't count as being unemployed.
I'm a member of the workforce, but only because I'm waiting to reach the age whereat I qualify for a reasonable portion of my Social Security and Medicare benefit. My dad isn't in the labor force, and doesn't want to be. Three of my kids are in college and have no interest in working, other than to do career-related internships or graduate assistantships.
Of the 94M people who are not in the labor force, only 7.6 million people are actually unemployed, that is, wanting to work and not in possession of a job. There are now 1800 more people not in the labor force and not wanting a job, which we know must be insofar as they had one and quit. I doubt many, if any, were, like Gen. Flynn, forced to resign.
Boeing Co has accepted 1,880 voluntary layoffs from its union machinists and engineers in the Seattle area, the unions said on Thursday, part of the jet maker's drive to cut costs through job reductions and other measures
What the hell kind of oxymoron is "voluntary layoff?"
- Leave a job voluntarily --> quit, retire, or resign.
- Leave a job involuntarily --> get laid off; get fired, be "out-counseled"
Who thinks up crap phrases/terms like that? Whoever it is,
they are who need to be "voluntarily laid off."
Will Trump take credit for this: Boeing Cuts 1,880 Jobs?
Wouldn't that depend on the bid Boeing gives for the FA-18 Super Hornet?
Those cuts may be what Boeing had to do to undercut Lockheed's price for the FA-35 JSF?
[types of workers who left] --> machinists and engineers
I mean those are likely "good" jobs, right? I don't know specifically what the pay is for the workers in question, but I found
a site that identifies the pay for some seemingly comparable jobs at Boeing. Averaging the wages of three of the hourly rate jobs I found there -- two mechanics and one engineer -- I arrive at an annual "base" salary of ~$64.5K/year, and extending that over 1800 jobs, I estimate Boeing will reduce its labor costs by some ~$116M (in cash) this year alone as a result of the 1800 "voluntary layoffs."
These are just straight-up layoffs. Boeing didn't move its factory to a lower labor-cost locality or country. The job cuts were almost certainly sought by Boeing so it could trade labor for capital. Moreover, Boeing stated that "in December it would cut an as-yet-undetermined number of jobs in 2017. There's really only one reason (aside from Boeing's being in financial trouble) for that: not enough people quit and the Boeing knows once it acquires the capital equipment that can replace workers, it won't need the people it'll this year layoff.