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going now has a reason looking at the markets lower jobs there are dominated trading though why is job creation lagging behind company profit gains and most importantly is it a bad sign. delighted the latest jobs report to help here was weaker than expected mostly because of seasonal factors like hurricane florence about numbers for july and august were revised higher with a total of eighty seven thousand extra jobs created corporate profits are increasing but so are salaries only three tenths per cent three tenths of a percent in september and then on well rate of two point eight percent but economists point out that the way to inflation could cross three percent as soon as the car and month which means that we full employment difficulty to feel in the open jobs and salary costs increasing those profit gains will start to suffer but broadly we will not start really noticing up until next year. giving us the perspective there thank you very much for most. and you solar power plant has
federal workers. right now borrows 40 cents on the dollar to pay inflated salary costs, jonas and that actually is only 20% just three years ago and it keeps going up because of salaries. how is that the fault of the stable labor force we ve had in the federal government for 20 years now? let s look at that the federal employment hasn t gone up. but you just raised more than god bless you, but here is one issue. private jobs actually create wealth and public companies suck money out of the economy are low efficient. those are true points. we are talking about getting the economy back and getting jobs and prosperity comes from private sector jobs and does not come from transferring money from the efficient part of wealth. you should be happier because they re cutting government jobs and you guys act like they re adding the savings what we re debating why we should do 40 billion to hire people we can t afford that are all union workers anyway,
the confusion re quires the exercise and 14 billion over ten years and supporting local offices and a peak staff of 1.4 million workers. census director robert groves formerly launched the effort two months ago helping to distribute the famous questionnaires boiled down only to ten questions this year in a remote he is mow village. the chairman of university of michigan survey center is to improve on the 60% return rate for the questionnaires in the last census, to that end his bureau is spending 85 million on advanced letters like this one and post card reminders because internal research shows such ticklers drive up response rates by 6 to 12%. every one percentage point for us means that we save 85 million dollars of salary costs of sending people out to follow up on the nonresponses. if we get 5 percentage point