On Sat, 05 Jun 2004 11:46:21 -0400, DSK wrote:

NOYB wrote:
With the revisions, nearly one million jobs have been created over the last
three months.

Gee, that's great. How come we still have engineers coming to my door
and pleading for a job almost daily? How come interest rates have barely
twitched off the bottom of historic lows?

DSK

Good news is really bad news, isn't it? Has there ever been a time when no
engineer was looking for work? If the employment rate were 1%, would no
engineers be out of work. The employment rate is better than it was throughout
the 90's, yet there is this persistent whine.

John H

On the 'Poco Loco' out of Deale, MD
on the beautiful Chesapeake Bay!

"John H" wrote in message
...
On Sat, 05 Jun 2004 11:46:21 -0400, DSK wrote:

NOYB wrote:
With the revisions, nearly one million jobs have been created over
the last
three months.

Gee, that's great. How come we still have engineers coming to my door
and pleading for a job almost daily? How come interest rates have
barely
twitched off the bottom of historic lows?

DSK

Good news is really bad news, isn't it? Has there ever been a time when
no
engineer was looking for work? If the employment rate were 1%, would no
engineers be out of work. The employment rate is better than it was
throughout
the 90's, yet there is this persistent whine.

There are many reasons why engineers and other technical fields are
suffering. With the steady increase in productivity of computers, you do
not need the bodies to do the equivalent amount of work that you used to, I
recently completed a design of a 250,000 s.f. office building. The entire
team...engineers, included, that worked on the project was 10. There were
500 sheets of drawings that were completed in under 6 months. Just a few
years ago, it would have taken 3-4 times that many people to complete the
same task.

The construction industry always lags behind the rest of the economy as
well.

Look around a present day office, you don't see many secretaries like
there used to be either.



John H

On the 'Poco Loco' out of Deale, MD
on the beautiful Chesapeake Bay!

On Sat, 5 Jun 2004 14:40:46 -0400, "Paul Fritz"
wrote:


"John H" wrote in message
.. .
On Sat, 05 Jun 2004 11:46:21 -0400, DSK wrote:

NOYB wrote:
With the revisions, nearly one million jobs have been created over
the last
three months.

Gee, that's great. How come we still have engineers coming to my door
and pleading for a job almost daily? How come interest rates have
barely
twitched off the bottom of historic lows?

DSK

Good news is really bad news, isn't it? Has there ever been a time when
no
engineer was looking for work? If the employment rate were 1%, would no
engineers be out of work. The employment rate is better than it was
throughout
the 90's, yet there is this persistent whine.

There are many reasons why engineers and other technical fields are
suffering. With the steady increase in productivity of computers, you do
not need the bodies to do the equivalent amount of work that you used to, I
recently completed a design of a 250,000 s.f. office building. The entire
team...engineers, included, that worked on the project was 10. There were
500 sheets of drawings that were completed in under 6 months. Just a few
years ago, it would have taken 3-4 times that many people to complete the
same task.

The construction industry always lags behind the rest of the economy as
well.

Look around a present day office, you don't see many secretaries like
there used to be either.

I agree with you, Paul. However, there are some in this group who would claim
that improved efficiency was simply a subversive plot of the Bush administration
to keep good people out of work.

John H

On the 'Poco Loco' out of Deale, MD
on the beautiful Chesapeake Bay!

John H wrote:

Good news is really bad news, isn't it?

Umm, no. My point was that the good noews is unfortunately accompanied
by lots more bad.

... Has there ever been a time when no
engineer was looking for work?

Oh yes. The class before mine was 85% recruited before graduation and
100% employed in the field. AFAIK that was the peak.

In the boom years of the middle 1990s we could not hire anybody for a
salary the company could afford.

I'm sure that somehwere, some engineer was looking for a job... but
unless he was a complete idiot he found one quick.


... If the employment rate were 1%, would no
engineers be out of work. The employment rate is better than it was throughout
the 90's, yet there is this persistent whine.

Maybe that's because the unemployment rate is not a true reflection of
how many people are out of work... by which I mean the work they are
trained & qualified for, not pumping burgers...

It is an economic verity: when the demand for capital rises, interest
rates rise. When the demand for goods & services rise, the demand for
capital to create the jobs will rise. So, as long as interest rates are
dead on the floor, so is the economy. Of course, the current picture is
better IMHO than double digit inflation, but then, I currently have a
job. If I was flipping burgers, I'd see it differently.

DSK

DSK wrote:

John H wrote:


Good news is really bad news, isn't it?


Umm, no. My point was that the good noews is unfortunately accompanied
by lots more bad.

... Has there ever been a time when no
engineer was looking for work?


Oh yes. The class before mine was 85% recruited before graduation and
100% employed in the field. AFAIK that was the peak.

In the boom years of the middle 1990s we could not hire anybody for a
salary the company could afford.

I'm sure that somehwere, some engineer was looking for a job... but
unless he was a complete idiot he found one quick.


... If the employment rate were 1%, would no
engineers be out of work. The employment rate is better than it was
throughout
the 90's, yet there is this persistent whine.


Maybe that's because the unemployment rate is not a true reflection of
how many people are out of work... by which I mean the work they are
trained & qualified for, not pumping burgers...

It is an economic verity: when the demand for capital rises, interest
rates rise. When the demand for goods & services rise, the demand for
capital to create the jobs will rise. So, as long as interest rates are
dead on the floor, so is the economy. Of course, the current picture is
better IMHO than double digit inflation, but then, I currently have a
job. If I was flipping burgers, I'd see it differently.

DSK



Herring prefers the simple-minded answers that raise no questions...it's
easier for guys like him when they can believe in their political leader
and not worry about the millions on the fringes...

On Sun, 06 Jun 2004 13:01:26 -0400, DSK wrote:

John H wrote:

Good news is really bad news, isn't it?

Umm, no. My point was that the good noews is unfortunately accompanied
by lots more bad.

... Has there ever been a time when no
engineer was looking for work?

Oh yes. The class before mine was 85% recruited before graduation and
100% employed in the field. AFAIK that was the peak.

In the boom years of the middle 1990s we could not hire anybody for a
salary the company could afford.

I'm sure that somehwere, some engineer was looking for a job... but
unless he was a complete idiot he found one quick.


... If the employment rate were 1%, would no
engineers be out of work. The employment rate is better than it was throughout
the 90's, yet there is this persistent whine.

Maybe that's because the unemployment rate is not a true reflection of
how many people are out of work... by which I mean the work they are
trained & qualified for, not pumping burgers...

It is an economic verity: when the demand for capital rises, interest
rates rise. When the demand for goods & services rise, the demand for
capital to create the jobs will rise. So, as long as interest rates are
dead on the floor, so is the economy. Of course, the current picture is
better IMHO than double digit inflation, but then, I currently have a
job. If I was flipping burgers, I'd see it differently.

DSK

So the unemployment rate was zero at the time you graduated?

John H

On the 'Poco Loco' out of Deale, MD
on the beautiful Chesapeake Bay!

John H wrote:
So the unemployment rate was zero at the time you graduated?

Did I say that? No, here is what I said: "The class before mine was 85%
recruited before graduation and 100% employed in the field. AFAIK that
was the peak." This was speaking of undergrad engineers, specificially
BSME grads from a well regarded university. I wouldn't be surprised if
the engineering class at Wottsamatta U. did not fare so well.

You are supposedly in the education field, John, is this discussion
about economics *that* far above your head, or are you truly blinded to
any fact which does not support Bush/Cheney's propaganda?

Meanwhile, what do you have to say about the implications of interest
rates versus the supposedly booming economy?

DSK

DSK wrote:
John H wrote:

So the unemployment rate was zero at the time you graduated?


Did I say that? No, here is what I said: "The class before mine was 85%
recruited before graduation and 100% employed in the field. AFAIK that
was the peak." This was speaking of undergrad engineers, specificially
BSME grads from a well regarded university. I wouldn't be surprised if
the engineering class at Wottsamatta U. did not fare so well.

You are supposedly in the education field, John, is this discussion
about economics *that* far above your head, or are you truly blinded to
any fact which does not support Bush/Cheney's propaganda?

Meanwhile, what do you have to say about the implications of interest
rates versus the supposedly booming economy?

DSK



Herring is a substitute teacher. Period.

Harry Krause wrote in message ...
DSK wrote:
John H wrote:

So the unemployment rate was zero at the time you graduated?


Did I say that? No, here is what I said: "The class before mine was 85%
recruited before graduation and 100% employed in the field. AFAIK that
was the peak." This was speaking of undergrad engineers, specificially
BSME grads from a well regarded university. I wouldn't be surprised if
the engineering class at Wottsamatta U. did not fare so well.

You are supposedly in the education field, John, is this discussion
about economics *that* far above your head, or are you truly blinded to
any fact which does not support Bush/Cheney's propaganda?

Meanwhile, what do you have to say about the implications of interest
rates versus the supposedly booming economy?

DSK



Herring is a substitute teacher. Period.

Well, that and person with a penchant for child pornography....

"Harry Krause" wrote in message
...
DSK wrote:
John H wrote:

So the unemployment rate was zero at the time you graduated?


Did I say that? No, here is what I said: "The class before mine was 85%
recruited before graduation and 100% employed in the field. AFAIK that
was the peak." This was speaking of undergrad engineers, specificially
BSME grads from a well regarded university. I wouldn't be surprised if
the engineering class at Wottsamatta U. did not fare so well.

You are supposedly in the education field, John, is this discussion
about economics *that* far above your head, or are you truly blinded to
any fact which does not support Bush/Cheney's propaganda?

Meanwhile, what do you have to say about the implications of interest
rates versus the supposedly booming economy?

DSK



Herring is a substitute teacher. Period.

It's better than being the mouth peice of a money grubbing union
organization.