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Mark Browne
 
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Default ...in Rochester NY due to the Kodak plant closings


"NOYB" wrote in message
om...
snip
How many reservists are you talking about? How many will actually be
reentering the job market and displacing other workers?

We have approximately 146.43 million potential workers in this country.

8.2
million of them are unemployed...giving us an unemployment rate of 5.6%.

If you add 150,000 people to our labor market (although there won't be
150,000 returning all at once), and NONE of them find a job (very

unlikely),
then we'd have an increase that wouldn't even be noticed by any of the

major
statistics that the BLS uses.

Example:
We'd then have 146.58 million workers
We'd have 8.15 million unemployed
We'd still have an unemployment rate of 5.6%!!!

The monthly job creation figures are in the 100,000 to 200,000 range.
Current estimates are 20,000 returning from the big sand box. Each of these
people, directly or indirectly, will be competing for these new jobs. Twenty
thousand is a fair sized number when balanced against the number of new jobs
created.

It may not make a difference in your constant Pollyanna posts of how
wonderful things are, but if these folk experience the same kind of problems
getting work that my sons are going through, that's a lot of pain.

Mark Browne