Bureau of Labor Statisitcs - US hourly Wages Fall At Fastest Pace Since 1947 First Quarter

Bureau of Labor Statiitcs ^ | June 5, 2013 | Staff

[schm0e]

certain business will not, in a contracting (let alone over-regulated) environment, be able to survive. People won’t miss them, of course, until they’re gone.

[Excellence]

Wow. Where did you get that quote? That’s his whole being in a nutshell.

[DuncanWaring]

That was obvious even before he was elected the first time.

[Cringing Negativism Network]

The problem is, we have a (huge) and growing segment of what we buy in this country, is imported from China.

Massive factories have been set up, and the imports to the manufacturing are all local Chinese.

So the inputs are local. The assembly is all local. Then the goods are put on Chinese ocean liners.

The only Americans involved in the entire process are the crew which stocks Walmart.

The factories aren’t even American-owned.

The “owners” are a minority interest. Majority owned by local Chinese.

Bring back American manufacturing.

[Grampa Dave]

“Osama Obama’s turned us into a nation of the “disabled” and part-timers.”

We have been seeing that out here in Northern Californicator land. Add permanently unemployed to your list.

Why work if you can be unemployed or on disability?

One of the trends we have noticed out here, and I have posted is the growing number of those over 62, with IRA’s/401K’s hurt by stock markets and being laid off work/unable to find full employment again.

So these people have opted for early SS, and if they are lucky find a part time job at a small premium over minimal wages.

Smart business people are scooping up these semi retired people and working them no more than 30 hours per week.

One successful small retailer has only hired these people since the melt down. They are reliable, don’t get pregnant, have to have time off for the funerals of multiple grandparents and parents, since they are often the surviving members of their families. They do a good job and have excellent work/honesty ethics. These employers don’t have worry about the costs of Obama care.

Our area is becoming a foodie haven. I have posted how many successful foodie restaurant owners limit their good employees to 30 hours per week and work with other owners to get more hours for those employees. Obama care is the cause of that.

Skilled workers like electricians/plumbers/real carpenters and similar skilled workers can work as many hours they want per week. However, the 30 hour limit is hitting those employers. Again, the hirers are often working other hirers/owners to keep good workers working at two jobs with no more than 30 hours with any single employer.

The worse hit re no employment realities are the college grads with instant unemployment degrees in social/welfare, worthless degrees. They have zero skills to bring to a tough market place and feel entitled to have a good job with minimal if any skills.

There is no age limit for those with the instant unemployment degrees. From new grads to those in their 60’s, they have zero skills and zero opportunities for a good job.