Author Topic: Is Hyperinflation On The Horizon?  (Read 152618 times)

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Re: Is Hyperinflation On The Horizon?
« Reply #180 on: June 03, 2021, 10:36:47 PM »
That's false. And if you want to say that, you'd better bring a source.
No I am done playing your little games. You can go to IL UI site and go through the forms yourself.
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Re: Is Hyperinflation On The Horizon?
« Reply #181 on: June 03, 2021, 10:37:47 PM »
No I am done playing your little games. You can go to IL UI site and go through the forms yourself.

MY games? PUOSU.
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Re: Is Hyperinflation On The Horizon?
« Reply #182 on: June 03, 2021, 10:42:59 PM »
MY games? PUOSU.
“If you’re an employer and you offer to bring your employee back to work and they decide not to, that’s a voluntary quit,” Iowa Gov. Kim Reynolds said in April. “Therefore, they would not be eligible for the unemployment money.”

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Re: Is Hyperinflation On The Horizon?
« Reply #183 on: June 03, 2021, 10:46:22 PM »
“If you’re an employer and you offer to bring your employee back to work and they decide not to, that’s a voluntary quit,” Iowa Gov. Kim Reynolds said in April. “Therefore, they would not be eligible for the unemployment money.”

Have a good night I am done with you.

Yea, that's Iowa, not Illinois, and as I mentioned upthread, some states are changing their rules to counteract the effects of the previous rules incentivizing people to not work, causing labor shortages. That doesn't change any part of this conversation.
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Re: Is Hyperinflation On The Horizon?
« Reply #184 on: June 03, 2021, 10:50:19 PM »
Yea, that's Iowa, not Illinois, and as I mentioned upthread, some states are changing their rules to counteract the effects of the previous rules incentivizing people to not work, causing labor shortages. That doesn't change any part of this conversation.
It backs up what I said. I am not going to go through the application process to prove something again.
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Re: Is Hyperinflation On The Horizon?
« Reply #185 on: June 03, 2021, 10:50:57 PM »
Yea, that's Iowa, not Illinois, and as I mentioned upthread, some states are changing their rules to counteract the effects of the previous rules incentivizing people to not work, causing labor shortages. That doesn't change any part of this conversation.

Which is why dates would also be a factor. A quote like that dated six months after the $600/week was enacted doesn’t mean anything.
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Re: Is Hyperinflation On The Horizon?
« Reply #186 on: June 03, 2021, 10:55:11 PM »
It backs up what I said. I am not going to go through the application process to prove something again.

Go through the application process NOW? As in a new UI claim? What the heck does that have to do with anything?
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Re: Is Hyperinflation On The Horizon?
« Reply #187 on: June 03, 2021, 10:55:40 PM »
For IL:
Can an employee refuse to go to work if they feel at risk for contracting COVID-19?
There is currently no state or federal law that provides job protection to a healthy employee who refuses to work out of fear of contracting COVID-19. However, employees may be entitled to use vacation or other paid time off in accordance with their employer’s established leave program. Under the federal Occupation Safety and Health Act of 1970, employees who believe they are in imminent danger may refuse to work if certain conditions are met. Employees at higher risk for severe COVID-19 complications can request a reasonable accommodation, as outlined in questions 3 through 6 in the questions related to Civil Rights protections below.
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Re: Is Hyperinflation On The Horizon?
« Reply #188 on: June 03, 2021, 11:01:02 PM »
“If you’re an employer and you offer to bring your employee back to work and they decide not to, that’s a voluntary quit,” Iowa Gov. Kim Reynolds said in April. “Therefore, they would not be eligible for the unemployment money.”

Have a good night I am done with you.

Sorry, man, I just looked up the article you took this from. Talk about some cut and paste BS. Here's the full article from Jan 22, 2021, quoting something the Gov of IA said at the very beginning of the pandemic before PUA or most Fed guidance was issued: https://www.cnbc.com/2021/01/22/biden-wants-to-end-confusion-over-when-unemployed-workers-can-refuse-a-job.html
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Re: Is Hyperinflation On The Horizon?
« Reply #189 on: June 03, 2021, 11:01:34 PM »
For IL:
Can an employee refuse to go to work if they feel at risk for contracting COVID-19?
There is currently no state or federal law that provides job protection to a healthy employee who refuses to work out of fear of contracting COVID-19. However, employees may be entitled to use vacation or other paid time off in accordance with their employer’s established leave program. Under the federal Occupation Safety and Health Act of 1970, employees who believe they are in imminent danger may refuse to work if certain conditions are met. Employees at higher risk for severe COVID-19 complications can request a reasonable accommodation, as outlined in questions 3 through 6 in the questions related to Civil Rights protections below.
Go through the application process NOW? As in a new UI claim? What the heck does that have to do with anything?
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Re: Is Hyperinflation On The Horizon?
« Reply #190 on: June 04, 2021, 09:29:10 AM »
Are wages going up because of this?
https://www.msn.com/en-us/money/markets/us-economy-adds-559000-jobs-in-may-as-the-recovery-shows-signs-of-strength/ar-AAKHOqt?li=BBnb7Kz
"Wages continued to rise, a reflection of what many employers say is a surprisingly tight jobs market, increasing an average of 15 cents per hour to $30.33, following an increase of 21 cents in April."

"U.S. economy adds 559,000 jobs in May, as the recovery shows signs of strength"
I guess they didn't get the memo the government is paying you to not work.  :)
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Re: Is Hyperinflation On The Horizon?
« Reply #191 on: June 04, 2021, 09:39:34 AM »
https://www.msn.com/en-us/money/markets/us-economy-adds-559000-jobs-in-may-as-the-recovery-shows-signs-of-strength/ar-AAKHOqt?li=BBnb7Kz
"Wages continued to rise, a reflection of what many employers say is a surprisingly tight jobs market, increasing an average of 15 cents per hour to $30.33, following an increase of 21 cents in April."

"U.S. economy adds 559,000 jobs in May, as the recovery shows signs of strength"
I guess they didn't get the memo the government is paying you to not work.  :)
Nice spin.

The total number of jobs added in April and May is less than the number expected for April alone. For the current situation, job growth is exceptionally slow.
I wonder what people who type "u" instead of "you" do with all their free time.

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Re: Is Hyperinflation On The Horizon?
« Reply #192 on: June 04, 2021, 09:51:33 AM »
https://www.msn.com/en-us/money/markets/us-economy-adds-559000-jobs-in-may-as-the-recovery-shows-signs-of-strength/ar-AAKHOqt?li=BBnb7Kz
"Wages continued to rise, a reflection of what many employers say is a surprisingly tight jobs market, increasing an average of 15 cents per hour to $30.33, following an increase of 21 cents in April."

"U.S. economy adds 559,000 jobs in May, as the recovery shows signs of strength"
I guess they didn't get the memo the government is paying you to not work.  :)

And I wouldn't be surprised to hear if most of the wage increases are coming from the food and hospitality services sector, where employers are in competition with deep pocket Uncle Sam.
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Re: Is Hyperinflation On The Horizon?
« Reply #193 on: June 04, 2021, 09:51:59 AM »
I guess they didn't get the memo the government is paying you to not work.  :)

You didn't actually read the article, did you...

Quote
The U.S. economy added 559,000 jobs in May... In schools, employment rose by 144,000 as in-person learning resumed... Wages continued to rise... following an increase of 21 cents in April.... The strong May report comes on the heels of a disappointing month in April, when the economy added 278,000 [jobs]... The country still has more than 7.5 million less people employed than it did in February 2020.

25% of the jobs added were teachers going back to schools. They don't really have a choice. In May, about 400k people out of 9.8 million on UI decided it was worth it for them to go back to work. Those who have gone back are being offered more money, as evidenced by the rising average wage. This article illustrates everything we've been saying.
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Re: Is Hyperinflation On The Horizon?
« Reply #194 on: June 04, 2021, 10:06:23 AM »
Nice spin.

The total number of jobs added in April and May is less than the number expected for April alone. For the current situation, job growth is exceptionally slow.
All I did is quote from the article.
If I expect a 20% return on my money and only get 18% is that a bad thing? Now that would be spin.  :)
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Re: Is Hyperinflation On The Horizon?
« Reply #195 on: June 04, 2021, 10:07:21 AM »
25% of the jobs added were teachers going back to schools. They don't really have a choice. In May, about 400k people out of 9.8 million on UI decided it was worth it for them to go back to work. Those who have gone back are being offered more money, as evidenced by the rising average wage. This article illustrates everything we've been saying.
Nice spin.
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Re: Is Hyperinflation On The Horizon?
« Reply #196 on: June 04, 2021, 10:11:36 AM »
All I did is quote from the article.
If I expect a 20% return on my money and only get 18% is that a bad thing? Now that would be spin.  :)
More like if you expected a 20% return and instead you got 2%. Yea, that's pretty bad, especially when you're directly responsible for the abysmal performance.
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Re: Is Hyperinflation On The Horizon?
« Reply #197 on: June 04, 2021, 10:13:14 AM »
And I wouldn't be surprised to hear if most of the wage increases are coming from the food and hospitality services sector, where employers are in competition with deep pocket Uncle Sam.
That is mostly union jobs, no? Wages are negotiated and UI will have not effect on those negotiations.
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Re: Is Hyperinflation On The Horizon?
« Reply #198 on: June 04, 2021, 10:14:15 AM »
More like if you expected a 20% return and instead you got 2%. Yea, that's pretty bad, especially when you're directly responsible for the abysmal performance.
See now that is your spin on it. Odd how one looks at spin.
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Re: Is Hyperinflation On The Horizon?
« Reply #199 on: June 04, 2021, 10:14:48 AM »
That is mostly union jobs, no? Wages are negotiated and UI will have not effect on those negotiations.

No, the teachers are union. The restaurants are mostly not.
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