----- Original Message ----- From: "John D. Giorgis" <[EMAIL PROTECTED]> To: "Killer Bs Discussion" <[EMAIL PROTECTED]> Sent: Sunday, September 26, 2004 12:17 PM Subject: Productivity Re: Br!n: some thoughts and quotes.
> At 06:19 PM 9/18/2004 -0500 Dan Minette wrote: > > We also need to determine > >why the job growth since the mid-70s has slowed so much, even though the > >productivity growth has been about the same as between 1960-75. > > Off the top of my head, this doesn't seem right. I know that jobs have > increased greatly since the early 1970's as we have increased our female > labor force participation rate. Let me give a few numbers. In the 15 years from the first quarter of '60 to the first quarter of '75, jobs increased by 41.4%. Over the last 15 years of data that I had (last data point Q3, 2003), jobs increased by 22.0%. The numbers come from the BLS, so I know they are _very_ good. :-) If you go from Q1, 1980 to Q3, 2003, you you would find an increase of only 43.0%, over alsmot 24 years, compared to the 41.4% increase over 15 years. I sincerely tried not to cherry pick years, but tried to compare about what I said. I admit that I referenced data I gathered a few months ago, I can get the last few months data if you think it will change things greatly. I'm pretty sure it wouldn't. Dan M. > I think the latter is one of the secrets to Wal-Marts success - hire > retirees with Medicare and you don't have to pay them insurance. Medicare supplemental insurance would be nice, but is costly. 90% of my dad's pension goes to pay this insurance cost (around $650/month for my mom and dad). Dan M. _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
