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Honored Advisor

March jobs report, 192K new, unemployment still 6.7%

http://www.cbsnews.com/news/employment-report-us-added-192k-jobs-in-march/  

 

I don`t read too much into the jobs that are created anymore, I afraid it`s low paying service jobs, just over 30hr/week.    Kind of a inside baseball, there`s a motorhome company, that is going gangbusters, putting in 12 hr days, working Saturdays.  They hire anyone that can fog up a mirror, even those from a "half way house", the pay starts at $12.50/hr.  Now, this is what I`m told by many different workers `they`re builting all these motorhomes and all over the country the dealers lots are full, the factory inventory is full..no one has a clue why they`re hiring paying overtime for inventory that isn`t moving...it`s a big question???`. 

 

But, this country has been deindustrialized   http://theeconomiccollapseblog.com/archives/shocking-facts-about-the-deindustrialization-of-america-...    

 

for each $1 billion in imported goods, those are 9,000 jobs that we lose.

3 Replies
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Veteran Advisor

Re: March jobs report, 192K new, unemployment still 6.7%

Have been on an interstate highway lately for any length of time? Motorhomes and fifth wheels allover the place. Dealers in Mesa have lots of them and they roll out every day. Sales are good here! Most of them are going to rich farmers from Iowa and Minnesota and Nebraska.
Highlighted
Honored Advisor

Re: March jobs report, 192K new, unemployment still 6.7%

I don`t know why a Iowa farmer would have to go to Mesa to buy a motorhome when there`s a dealer right in Forest City  Smiley Happy  

 

i think what`s happening is there`s alot of anticipation of a "recovery" by RV dealers 

http://www.rvbusiness.com/tag/rv-sales/  

 

 

Here`s the 1 year record on Winnebago stock  https://www.google.com/finance?q=NYSE:WGO&sa=X&ei=i7Q-U_NuyK-wBPWdgYAF&ved=0CCgQ2AEwAA  

 

good, but nothing to write home about.

Highlighted
Veteran Advisor

Re: March jobs report, 192K new, unemployment still 6.7%

Did I say anything about anyone going to Mesa to buy anything? Don't know anything about stock. Don't care to know anything about stock and wall st. It is all fear and greed. Also don't your using "anticipation" carries any weight. The economy IS recovering.