I was also thinking the increase may be when it became more socially acceptable to have single parent homes.
I was also thinking the increase may be when it became more socially acceptable to have single parent homes.
Internet and e-commerce? Increased industrialization? Advancing of trade and world economic system? Better (or worse) laws? Global warming? The cost of chicken livers in Bangladesh?
The increase is clearly multiple different influences, and no definition or parameters, so it is completely impossible to draw any meaning or comparison at all.
A 66 year graph does not represent labor statistic trends. It's just a meaningless line on a chart.
SVreX wrote: A 66 year graph does not represent labor statistic trends. It's just a meaningless line on a chart.
What is the correct time line to assess labor trends?
Define your question better.
Labor trends where? As they relate to what? As they are affected and influenced by what factors? Among what demographic? What is it you are trying to learn or ascertain?
How about I ask YOU... What information or legitimate labor trend do you think you can accurately glean from a 66 year long graph?
I see where this is going...
Just a note...Of the 3 restaurants I can get accurate info on, 18 people out of 61 got their hours cut from 40 to 25-29 or less and we hired 11 more people to pick up the slack. Only 9 people remain as full time and they are management. Of those 18, 7 have a new second job, 1 quit.
So does a person with 2 jobs count twice or does a person with half (3/4ths?)a job count as a whole job?
Do these 10 new jobs count as actual new jobs created even though the payroll has basically stayed the same?
Give me the figures and I can figure a way to make them say whatever you want, good or bad!
I once was reprimanded because my profit percentage dropped by 1% while another store got a big bonus because he raised his by 1%! Sounds like a fair deal until you realize I had also doubled my sales while the other guy dropped to about half his sales! Started with (nearly) identical sales and profit...lets say 10,000 sale and 5% profit. $500 in the bank every week total profit. Other guy goes to 6% of 5,000 in sales ($300) while I went to 4% of 20,000 or $800!! Not sure if they ever figured out the flaw in their logic as I left shortly afterwards and all these guys stores went belly up within 2 years.
Bruce
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