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Keyword: employment

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  • Fed study: Shorter jobless benefits lead to higher employment

    07/22/2014 6:18:16 PM PDT · by Libloather · 21 replies
    Biz Journals ^ | 7/21/14 | Greg Edwards
    If unemployment benefits were cut off earlier in 2013, the long-term unemployed would have been more likely to be re-employed, according to a study by the Federal Reserve Bank of St. Louis. If the benefits, called the Emergency Unemployment Compensation program, expired earlier in 2013, ďworkers with 46 or more weeks of continuous unemployment would have been 1.2 to 2.1 percentage points more likely to become re-employed,Ē the St. Louis Fed reported. ďSimilarly, the long-term unemployed would have been 0.4 to 0.5 percentage points more likely to exit the labor force entirely.Ē
  • Higher Minimum Wage Does Not Cost Jobs

    07/20/2014 12:03:29 AM PDT · by 2ndDivisionVet · 36 replies
    Voice of Russia ^ | July 8, 2014 | Professor Cyril Ghosh, Wagner College, Staten Island, NY
    SEATTLE (VR) Ė Does raising the minimum wage kill jobs? Most probably not. Does it increase jobs? We donít know for sure, but it might. Or at least these are the inferences one is likely to make from a recent report from the Center for Economic and Policy Research. It turns out that 12 out of 13 states that raised their minimum wage on January 1, 2013 are experiencing increases in employment. The report also states that the average change in employment for these 13 states is +.99% while the average change in employment in the remaining states is +.68%....
  • More Employment Woes Thanks To Obamacare

    07/10/2014 10:52:46 AM PDT · by george76 · 9 replies
    WMBF.. TruthRevolt ^ | 7.10.2014 | | | Caleb Howe
    WMBF in Myrtle Beach, SC, reported Wednesday on the growing trend of businesses hiring only part-time workers, due to an inability to afford Obamacare. This situation leaves workers without healthcare and without a full-time income or other benefits. Local staffing agencies say more small business are starting to hire more part time employees. Not because there is more full time work, but as WMBF reporter Mandy Noell found out, it's because they can't afford to have more full time employees. Obamacare places requirements for health care benefits that many small businesses just cannot afford to pay. As a result, they...
  • Virtual Economyís Phantom Job Gains Are Based on Statistical Fraud ó Paul Craig Roberts

    07/08/2014 12:00:26 PM PDT · by GilGil · 11 replies ^ | 07/07/2014 | Craig Roberts
    Since 1994 there has been no official measure than includes discouraged people who have not looked for a job for more than a year. Including all discouraged workers produces an unemployment rate that currently stands at 23.1%, almost four times the rate that the financial press reports.
  • The Deteriorating Economic Outlook

    07/08/2014 11:56:14 AM PDT · by GilGil · 20 replies ^ | 7/8/2014 | Craig Roberts
    The first quarter contraction, especially our corrected number, implies a second quarter negative real GDP. In other words, the years of Quantitative Easing (money printing) by the Federal Reserve has not resulted in economic recovery from the 2008 downturn and has not prevented further contraction.
  • Feds to spend big bucks so jobless feel OK

    07/08/2014 8:44:31 AM PDT · by Steve Peacock · 10 replies
    WND ^ | July 7, 2014 | Steve Peacock
    $1.7 billion plan to preach humanity's 'goodness'The federal program Job Corps will tap into a proposed $1.7 billion budget not simply to provide career-development services to at-risk men and women but to raise awareness of the ďinherent goodnessĒ found in each human being. The money will be spent to make people feel good. The ďI Am SomebodyĒ initiative for fiscal year 2015 will teach appreciation of ďethnic diversityĒ in response to problems among job training and other employment-assistance recipients, according to the project Statement of Work, or SOW, which WND located via routine database research. ďRecently Job Corps students have...
  • EXography: Employment keeps sagging in the Obama recovery

    07/08/2014 4:13:43 AM PDT · by gusopol3 · 8 replies
    Washington Examiner ^ | July 8, 2014 | David Freddoso
    When President Obama took office in 2009, the U.S. economy was in the midst of the Great Recession of 2008. Five and a half years later, that historic swoon remains his excuse for continued economic stagnation. Whoever or whatever is to blame, neither his efforts nor luck nor a natural rebound have managed to restore America's job market to what it was in better times. The July 3 jobs report was a reminder that the economy is at least creating jobs again, albeit at a rate that barely keeps up with population growth. And national and state unemployment rates have...
  • These Three Charts Show Inflation Is Finally Right Around The Corner

    07/07/2014 8:22:17 PM PDT · by Citizen Zed · 16 replies
    Business Insider ^ | 7-5-2014 | JOE WEISENTHAL
    1. Historically, when Capacity Utilization is as high as its now (suggesting not much industrial slack) the inflation rate has been much higher. 2. According to survey data from the National Federation of Independent Businesses, more and more companies are saying they can't find qualified applicants for job openings. 3. Survey data shows a big increase in the number of businesses who say they plan to raise wages in the future.
  • In Maryland, Smoking Could Cost You Job

    07/06/2014 3:16:42 PM PDT · by Drango · 84 replies
    Insurance News Net ^ | July 5 '14 | Lorraine Mirabella
    July 05--Anyone who wants a job next year at Anne Arundel Medical Center -- whether as a surgeon or security guard -- will have to prove they don't smoke or use tobacco. The Annapolis hospital's new hiring policy might be controversial, but it is legal in Maryland and more than half of the United States. And it's a type of job screening that is gaining favor with employers -- from hospitals to companies such as Alaska Airlines -- trying to control rising health costs and cultivate a healthier, more productive workforce. Anne Arundel Medical Center, like a growing number of...
  • The jobs report knows: Americans aren't planning to take a summer vacation

    07/04/2014 6:01:47 PM PDT · by GilGil · 17 replies ^ | 7/3/2014 | Jana Kasperkevic
    Economists and lawmakers view the jobs report as good news. The US economy gained 288,000 jobs, and the unemployment rate dropped to 6.1%. One economist even said the report is "as good an excuse as any to enjoy the weekend's fireworks." Yet as Americans struggle to make do with their stagnant wages and the bills that never seem to stop piling up, one thing has to go: vacations. So as businesses anticipate a slower summer, thousands of restaurant and hotel workers are left without work.
  • June Full-Time Jobs Plunge By Over Half A Million, Part-Time Jobs Surge By 800K, Most Since 1993

    07/03/2014 7:16:30 AM PDT · by Zakeet · 11 replies
    Zero Hedge ^ | July 3, 2014
    Is this the reason for the blowout, on the surface, payroll number? In June the BLS reports that the number of full-time jobs tumbled by 523K to 118.2 million while part-time jobs soared by 799K to over 28 million! Looking at the breakdown of full and part-time jobs so far in 2014, we find that 926K full-time jobs were added to the US economy. The offset: 646K part-time jobs. Something tells us that the fact that the BLS just reported June part-time jobs rose by just shy of 800,000 the biggest monthly jump since 1993, will hardly get much airplay...
  • Was this month's unemployment report, a white-wash?

    07/03/2014 6:45:47 AM PDT · by Cringing Negativism Network · 20 replies
    The number of persons employed part time for economic reasons (sometimes referred to as involuntary part-time workers) increased by 275,000 in June to 7.5 million.
  • The 10 Most In-Demand Software Skills

    07/02/2014 9:19:35 AM PDT · by SeekAndFind · 46 replies
    CIO Insight ^ | 07/02/2014 | By Karen A. Frenkel
    The current job market has been very good for software developers, especially those with experience in several programming languages.†The unemployment rate for software developers was 2.8 percent in Q1 of 2014, according to the Bureau of Labor Statistics. This is a notable drop from the 5 percent unemployment rate in Q2 of 2009, the quarter when the economic recession ended, and 5.5 percent in Q1 2010.†This quarter's report by reveals the most-requested skills and platforms, and notes that those with expertise in clusters of language skills are in demand. Furthermore, the Dice report looks at what skills may...
  • CURL: This is an actual quote from the president ó really

    06/29/2014 5:45:58 PM PDT · by 2ndDivisionVet · 88 replies
    The Washington Times ^ | June 29, 2014 | Joseph Curl
    (VIDEO-AT-LINK)ďBy every economic measure, we are better off now than we were when I took office. You wouldnít know it, but we are,Ē the president said Friday. Thatís right, the president ó the president of the United States, mind you ó says Americans are better off, they just donít know it. That is the height to which the president has raised his level of mendacity. He has the sheer audacity to tell Americans that he has successfully turned the economy around, that things are all good, but that there are no real quantifiable indicators by which they could ever know...
  • They Took Our Jobs! Study Finds ALL New Jobs Went to Immigrants

    06/27/2014 4:05:25 PM PDT · by 2ndDivisionVet · 25 replies
    The Independent Journal Review ^ | June 27, 2014 | SooperMexican
    A shocking new report from the Center for Immigration Studies claims to prove that every single new job created in America for the last fourteen years has gone to immigrants, legal and illegal. This would fly in the face of those who claim that immigration is an economic boon to native born Americans: The CIS report found that over the last 14 years, people who were born in the United States held 114.8 million jobs in 2000, and held 114.7 million jobs in 2014, a drop of 127,000. But itís an entirely different picture for immigrants ó 5.7 million more...
  • Study: All Employment Growth Since 2000 Went to Immigrants

    06/27/2014 12:26:58 PM PDT · by detective · 9 replies
    NRO ^ | June 26, 2014 | NRO
    According to a major new report from the Center for Immigration Studies (CIS), net employment growth in the United States since 2000 has gone entirely to immigrants, legal and illegal. Using data from the Bureau of Labor Statistics, CIS scholars Steven A. Camarota and Karen Zeigler found that there were 127,000 fewer working-age natives holding a job in the first quarter of 2014 than in 2000, while the number of immigrants with a job was 5.7 million above the 2000 level. The rapidity with which immigrants recovered from the Great Recession, as well as the fact that they held a...
  • How to get hired when you're overqualified for every job

    06/27/2014 11:19:45 AM PDT · by WhiskeyX · 45 replies ^ | Friday, June 27, 2014, 4:00 AM | Catherine Conlan, Monster Contributing Writer
    It happens to most people at some point during their careers: They find themselves applying for jobs theyíre overqualified for. There are several reasons this happens -- they may have been out of work for some time, theyíre switching fields, or theyíre simply interested in trying something new. [....] To overcome that perception, here are some ways to get hired when youíre overqualified.
  • Study: All Employment Growth Since 2000 Went To Immigrants

    06/27/2014 5:16:24 AM PDT · by blam · 8 replies
    National Review Online ^ | 6-26-2014 | NRO Staff
    Study: All Employment Growth Since 2000 Went To Immigrants By NRO StaffJune 26, 2014According to a major new report from the Center for Immigration Studies (CIS), net employment growth in the United States since 2000 has gone entirely to immigrants, legal and illegal. Using data from the Bureau of Labor Statistics, CIS scholars Steven A. Camarota and Karen Zeigler found that there were 127,000 fewer working-age natives holding a job in the first quarter of 2014 than in 2000, while the number of immigrants with a job was 5.7 million above the 2000 level. The rapidity with which immigrants recovered...
  • New Texas Jobs May Outnumber Qualified Workers

    06/25/2014 8:14:45 PM PDT · by 2ndDivisionVet · 10 replies
    Breitbart's Texas ^ | June 25, 2014 | Kristin Tate
    HOUSTON, Texas--The unemployment rate in Texas recently fell to a new five-year low, according to new statistics from the Federal Reserve Bank of Dallas. As business booms in the Lone Star State, many companies are in need of trained workers--most notably employers in the rapidly-expanding medical, gas, and oil fields. It is easy to imagine why a variety of industries continue to grow in Texas, as the state has consistently been one of the best places to start and expand businesses. Vance Ginn, an economist at the Texas Public Policy Foundation, told Breitbart Texas, "What we've seen is that the...
  • Will Obama Executive Order Protecting LGBT from Employment Discrimination Respect Religious Liberty?

    06/17/2014 1:36:39 PM PDT · by SeekAndFind · 8 replies
    Christian Post ^ | 06/17/2014 | Michael Gryboski
    Some Christian groups are worried that President Barack Obama's forthcoming executive order guaranteeing the protection of LGBT individuals from employment discrimination with businesses that have federal contracts may not have sufficient religious liberty protections. While the order has not yet been written up, concerns have been leveled by various individuals that the order might not include a religious exemption and would force faith-based groups to engage in hiring practices that are in opposition to the teachings of their faith. "The big question is: will the Executive Order drive out faith-based organizations out of federal contracting?" Stanley Carlson-Thies, founder and president...
  • The Fall From Grace of the American Middle Class, By the Numbers

    06/12/2014 11:16:22 PM PDT · by 2ndDivisionVet · 13 replies
    NewsMax / CNN Money ^ | June 12, 2014 | John Morgan
    America's middle class has fallen to mediocre levels ó the U.S. median income only qualifies for 19th in the world now, below Japan, Australia and most of Western Europe. The bottom line is that the average Spaniard or Italian ó not to mention the typical middle class denizen in 17 other countries ó has more to his or her name than the average U.S. citizen does, according to CNNMoney. Using data culled from the latest Credit Suisse Global Wealth report, CNNMoney reported Americans' median wealth is only $44,900 per adult ó meaning half have more than that, and half have...
  • Goldman's Top Economist Just Made The Call We've Been Waiting 5 Years To Hear

    06/09/2014 1:02:53 PM PDT · by blam · 47 replies
    BI ^ | 6-9-2014 | Joe Weisenthal
    Joe Weisenthal June 9, 2014 Goldman's top economist, Jan Hatzius, just said the words we've been wanting to hear for five years. He believes the economy is now growing at an above-trend pace. Goldman's own proprietary current activity indicator (CAI) is showing its fastest growth since the crisis, and though he acknowledges that some of the strong May activity is the result of a snapback from a tough winter, he says that even without that snapback we're still growing at a strong rate. Here's his statement: Despite the 1% drop in real GDP in the first quarter, we believe that...
  • 37.2%: Percentage Not in Labor Force Remains at 36-Year High

    06/06/2014 11:36:49 AM PDT · by F15Eagle · 18 replies
    CNSNews.Com via Drudge ^ | June 6, 2014 - 8:05 AM | By Ali Meyer
    ( - The percentage of American civilians 16 or older who do not have a job and are not actively seeking one remained at a 36-year high in May, according to the Bureau of Labor Statistics. In December, April, and now May, the labor force participation rate has been 62.8 percent. That means that 37.2 percent were not participating in the labor force during those months. Before December, the last time the labor force participation rate sunk as low as 62.8 percent was February 1978, when it was also 62.8 percent. At that time, Jimmy Carter was president. In April,...
  • NYC Council to Walmart: Stop sending your ďdangerous dollarsĒ to our cityís charities

    06/05/2014 6:56:26 AM PDT · by afraidfortherepublic · 21 replies
    Hot Air ^ | 6-4-14 | Erika Johnsen
    I donít even know what to say. Via the New York Post (hat tip to NRO), more than half of the members of the New York City Council have served Walmart with a letter demanding that the company stop making millions of dollars in charitable donations to local groups: Twenty-six of the 51 members of the Council charged in the letter that the worldís biggest retailerís support of local causes is a cynical ploy to enter the market here. ďWe know how desperate you are to find a foothold in New York City to buy influence and support here,Ē says...
  • What is the worth of a job?

    05/29/2014 8:29:34 PM PDT · by QT3.14 · 13 replies
    QandO ^ | May 28, 2014 | Bruce McQuain
    Well thatís determined by all sorts of variables Ė how much the person seeking the job is willing to take, how much the person wanting the job done is willing to pay, the scarcity or abundance of labor, etc.. And so in a free market, when a job is open it is up to the person seeking to have the work done and the person seeking a job to decide what it is worth to each of them. If they can reach agreement, then the job is offered to the person seeking the job. If agreement canít be reached, then...
  • The 10 Best (And Worst) Jobs In 2014 (Or Why You Should Study Math More Betterer)

    05/27/2014 10:20:36 AM PDT · by SeekAndFind · 3 replies
    Zero Hedge ^ | 05/27/2014 | Tyler Durden
    Forget well-roundedness... if you really want to get on in this world... study math betterer is the clear message from's rankings of the best and worst jobs in America. As WSJ reports, it’s no secret that quantitative skills are in high demand on the job market; and as one analytics recruiter noted: workers who can’t crunch numbers may ultimately face a "permanent pink slip." Mathematician is the 'best occupation' in 2014 according to their report and Lumberjack the worst (with Newspaper reporter second worst). CLICK ABOVE LINK FOR THE VIDEO  Via WSJ,Below are the best and worst jobs of...
  • Christians need not apply

    05/27/2014 9:55:00 AM PDT · by afraidfortherepublic · 12 replies
    One News Now ^ | 5-27-14 | Bryan Fischer
    The number of careers and professions available to practicing Christians is shrinking by the day. You can add a career in public health to that list. Dr. Brendan Bain, one of the leading AIDS experts in the Caribbean, has been unceremoniously cashiered from his post for having the temerity to tell the truth about the cause of AIDS. A long-time and highly respected professor at the University of West Indies until his retirement in 2012, Dr. Bain was praised by all as a "pioneerĒ in the effort to combat HIV/AIDS, which is at epidemic proportions in Caribbean nations. Since his...
  • Graduation Day

    05/25/2014 12:06:16 AM PDT · by ComputerGuy · 11 replies
    The American Thinker ^ | May 24, 2014 | Glenn Fairman
    For those -- and you know who you are -- who have been socially promoted to this semi-worthless diploma, I must tell you in all honesty that you are the functional illiterates of 2014.
  • Young People Ditching California Tech Scene to Become Texas Oilmen

    05/24/2014 1:42:03 AM PDT · by 2ndDivisionVet · 25 replies
    Breitbart's Texas ^ | May 22, 2014 | Kristin Tate
    Silicon Valley is being snubbed for Texas by millenials around the world, who are enticed by the Lone Star State's plentiful, lucrative opportunities. Texas' booming gas and oil industry provides young transplants with the chance to find success as oil barons, businessmen, investors, engineers, and landmen. 27-year-old Mark Hiduke, a young Texas oilman, told Bloomberg News that the gas and oil boom has "created a lot of opportunity for young professionals to jump in and be given enormous responsibility. Itís pretty much tech and then energy." Hiduke reportedly raised $100 million to build his company, PetroCore LLC, which is a...
  • Hadley (MA) man pushes bill requiring Massachusetts to list all state government job postings online

    05/23/2014 2:17:19 PM PDT · by matt04 · 13 replies
    A Hadley man is hoping this will finally be the year lawmakers require the state to post all government jobs in a statewide employment database. "Something's wrong when qualified people aren't applying for jobs paid for by the taxpayers because they don't know about them," said Thomas McGee, a retired adjunct professor at Bay Path College. McGee is the driving force behind House Bill 1762 and its companion Senate Bill 889. McGee first filed the bills, through his senator and representative, in 1995, after he was dismayed to discover that the state did not list all government jobs at state...
  • iQorís Buffalo Call Center Seeks 125 New Hires to Support Major Utility Client

    05/21/2014 5:28:56 PM PDT · by 2ndDivisionVet · 1 replies
    BusinessWire ^ | May 21, 2014 | Robert Burke
    iQor, a global provider of business process outsourcing and product support services, today announced its call center located in Buffalo, New York is seeking 125 new call center customer service agents. Currently, the company is accepting applications on line and will hold a Career Fair on June 3rd, 2014 at its call center. The hiring drive for the new jobs is to meet client growth in its Accounts. When Are We Hiring: Now Until the End of June 2014 Who Are We Looking for: 125+ customer service call center agents (Competitive pay and MONTHLY bonus potential coupled with flexible schedules...
  • Learning the laws of economics the hard way [Minimum Wage]

    05/19/2014 1:12:40 PM PDT · by QT3.14 · 11 replies
    QandO ^ | Bruce McQuain
    Tis the season of minimum wage hike demands and fast food protests again. Frankly I donít have a problem with wage hikes Ö if theyíre voluntary. I do have a problem with coerced wage hikes, however. And thatís precisely what any rise in the federal minimum wage amounts too. It is feel good legislation that uses the force of government to coerce businesses into paying employees more for jobs the businesses donít deem worth the cost imposed. It is feel good legislation that religiously and studiously avoids the laws of economics.
  • Would Like To Get My Son A Summer Job (Vanity)

    05/18/2014 5:30:20 AM PDT · by MuttTheHoople · 44 replies
    A Personal Request | May 18, 2014 | Me
    My son just completed his Freshman year of college, and is Moving out here to Texas with me and the wife for the summer. Where I live, there's tons of minimum wage jobs and I think he can get on pretty quickly. However, I think he should take advantage of the Texas BOOM Economy, and try to get something in either Construction or The Oil Patch.
  • Texas Leads the Nation in Job Growth

    05/17/2014 10:23:40 PM PDT · by 2ndDivisionVet · 27 replies
    Breitbart's Texas ^ | May 16, 2014 | Kristin Tate
    Texas continues to outshine the rest of the nation in terms of economic and job growth. Fresh government data from the Texas Workforce Commission (TWC) shows that Texas added more than 64,000 jobs in April--the biggest employment gain in the state during the last four years. The new jobs have helped Texas' unemployment rate to drop to 5.2 percent, according to the TWC. This figure is down from 5.5 percent in March, and from 6.4 percent one year ago. The new jobs come as no surprise; Texas has consistently been ranked one of the most business-friendly states in the nation....
  • 92,594,000: Americans Not in Labor Force Hits All-Time Record; Participation Rate 36-Year Low

    05/05/2014 8:05:29 AM PDT · by xzins · 35 replies
    CNS News ^ | May 2, 2014 | Terence P. Jeffrey
    A record 92,594,000 Americans were not in the labor force in April as the labor force participation rate matched a 36-year low of 62.8 percent, according to data released today by the Bureau of Labor Statistics. In March, according to BLS's non-seasonally adjusted data, there were 91,630,000 Americans not in the labor force. In April, that increased by 964,000 people to an all-time record of 92,594,000. The previous record was 92,534,000, set in January of this year. The BLS's seasonally-adjusted number for people not in the labor force--which was 92,018,00 for April--was also an all-time record. This was up 988,000...
  • Report: More Than 92 Million Americans Remain Out Of Labor Force

    05/03/2014 1:23:57 PM PDT · by george76 · 27 replies
    CBS DC ^ | May 2, 2014
    Despite the unemployment rate plummeting, more than 92 million Americans remain out of the labor force. The unemployment rate dropped to 6.3 percent in April from 6.7 percent in March, the lowest it has been since September 2008 when it was 6.1 percent. The sharp drop, though, occurred because the number of people working or seeking work fell. The Bureau of Labor Statistics does not count people not looking for a job as unemployed. The bureau noted that the civilian labor force dropped by 806,000 last month, ... The amount (not seasonally adjusted) of Americans not in the labor force...
  • Itís An Illusion: Here Are the REAL Unemployment Numbers

    05/03/2014 9:30:16 PM PDT · by 2ndDivisionVet · 31 replies
    SHTF Plan ^ | May 2, 2014 | Mac Slavo
    Mainstream financial pundits are falling over themselves today following a report from the Labor Department indicating that the national unemployment rate has fallen yet again, this time to just 6.3%. The Associated Press, whose report on the new rate is being distributed to news services around the country, says this is ďthe strongest evidence to date that the economy is picking up.Ē They cite numerous economic experts, claiming that the U.S. economy is now experiencing vigorous job growth, which they say is confirmation that the economic health of our nation is bouncing back from a rough winter. In fact, they...
  • CA Dem Congresswoman Barbara Lee Calls For $26 Minimum Wage

    05/03/2014 11:43:40 AM PDT · by Hojczyk · 54 replies
    Fox Nation ^ | Brendan Bordelon
    California Democratic congresswoman Barbara Lee expressed support for a $26 minimum wage in her state ó a move Republican congressman Andy Harris encouraged, assuming jobs would rapidly flee California to his state of Maryland. Lee and Harris appeared Friday on CNNís ďCrossfire,Ē hosted by former Obama advisor Van Jones and former Republican Speaker of the House Newt Gingrich. The panel discussed the proposed increase in the federal minimum wage from $7.25 to $10.10 per hour. ďLet me ask you this question, youíre a good advocate for this,Ē Gingrich asked Lee. ďThe mayor of Seattle is proposing that the minimum wage...
  • Seemingly terrific April jobs report poses strange puzzle

    05/02/2014 10:12:42 AM PDT · by Oldeconomybuyer · 12 replies
    Market Watch ^ | May 2, 2014 | by Jeffry Bartash
    Funky job reports are not unusual, and the employment data for April certainly fits the bill. How else to explain the biggest gain in hiring in more than two years Ė at the same time the labor force shrank by the second largest amount in 32 years. --snip-- Whatís also odd about the decline in the labor force is how it happened. The number of so-called re-entrants Ė unemployed workers who have started looking for jobs again Ė fell by a whopping 417,000. Thatís the biggest drop since the government began keeping records in 1967. Another factor could be the...
  • American teens donít want to work

    05/01/2014 4:59:17 AM PDT · by MulberryDraw · 48 replies
    MarketWatch ^ | May 1, 2014 | Catey Hill
    Hereís yet another thing your teenager doesnít want to do this summer: get a job. The number of teens with summer jobs has fallen roughly 30 percentage points since the late Ď70s. In 1978, nearly three in four teenagers (71.8%) ages 16 to 19 held a summer job, but as of last year, only about four in 10 teens did, according to data from the Bureau of Labor Statistics for the month of July analyzed by outplacement firm Challenger, Gray & Christmas . Itís been a steady decline, seen even during good times: During the dot-com boom in the late...
  • BLS: In 20% of American Families, No One Works

    04/28/2014 7:37:47 PM PDT · by 2ndDivisionVet · 28 replies
    CNS News ^ | April 28, 2014 | Ali Meyer
    In 20 percent of American families in 2013, according to new data released by the Bureau of Labor Statistics (BLS), not one member of the family worked. A family, as defined by the BLS, is a group of two or more people who live together and who are related by birth, adoption or marriage. In 2013, there were 80,445,000 families in the United States and in 16,127,000óor 20 percent--no one had a job. The BLS designates a person as ďemployedĒ if ďduring the survey reference weekĒ they ď(a) did any work at all as paid employees; (b) worked in their...
  • Feds move to tighten efficiency rules for household lamps

    04/28/2014 12:33:37 PM PDT · by Cincinatus' Wife · 80 replies
    The Hill ^ | April 28, 2014 | Tim Devaney
    The Department of Energy is looking to regulate two types of household lamps. The Energy Department's Office of Energy Efficiency and Renewable Energy announced Monday in the Federal Register it is considering new energy conservation standards for general service fluorescent lamps (GSFLs) and incandescent reflector lamps (IRLs). The Energy Department estimates the rules will save the public billions in energy bills over the next three decades and have substantial environmental benefits. But the agency also expects the rules will cost manufacturers more than $90 million, which could lead some to close up shop and cut jobs. It is weighing the...
  • Temporary Foreign Worker Program for fast-food sector suspended by Ottawa

    04/24/2014 7:47:59 PM PDT · by tcrlaf · 8 replies
    CBC BC ^ | 4-24-2014 | Kathy Tomlinson
    Employment Minister Jason Kenny has announced an immediate moratorium on the fast-food industry's access to the Temporary Foreign Worker Program. The suspension, announced late Thursday afternoon, came shortly after the CBC told Kenney the CEO of McDonald's Canada had branded recent criticism of its use of temporary foreign workers "bullshit" in a conference call to franchisees. A recording of that call was given to the CBC. In a written statement announcing the suspension, Kenney says "serious concerns" remain following a government investigation of the allegations raised about the program. The CBC's Go Public has produced a series of stories reporting...
  • Just Say No- For white working-class women, it makes sense to stay single mothers.

    04/23/2014 3:09:52 AM PDT · by Cincinatus' Wife · 36 replies
    Slate ^ | April 23, 2014 | Naomi Cahn and June Carbone
    ".......... Lily, just like better-off men and women, believes that marriage means an unqualified commitment to the other spouse. When you marry someone, you support him in hard times. You stick with him when he disappoints you. You visit him if he ends up in jail. And you encourage him to become an important part of your childrenís lives. Itís just that Lily doesnít believe that Carl is worth that commitment. Nor does she believe that she will meet someone who will meet her standards anytime soon, and the statistics back her up.The economy has changed. A higher percentage of...
  • For Many Americans, 'Temp' Work Becomes Permanent Way of Life

    04/21/2014 7:23:05 PM PDT · by 2ndDivisionVet · 41 replies
    NBC News ^ | April 20, 2014 | Martha C. White
    For Americans who canít find jobs, the booming demand for temp workers has been a path out of unemployment, but now many fear itís a dead-end route. With full-time work hard to find, these workers have built temping into a de facto career, minus vacation, sick days or insurance. The assignments might be temporary ó a few months here, a year there ó but labor economists warn that companiesí growing hunger for a workforce they can switch on and off could do permanent damage to these workersí career trajectories and retirement plans. ďIt seems to be the new norm in...
  • Sowell: The High Cost of Liberalism: Part III

    04/21/2014 2:01:36 PM PDT · by jazusamo · 2 replies
    Creators Syndicate ^ | April 22, 2014 | Thomas Sowell
    Income inequality has long been one of the liberals' favorite issues. So there is nothing surprising about its being pushed hard this election year. If nothing else, it is a much-needed distraction from the disasters of ObamaCare and the various IRS, Benghazi and other Obama administration scandals. Like so many other favorite liberal issues, income inequality is seldom discussed in terms of the actual consequences of liberal policies. When you turn from eloquent rhetoric to hard facts, the hardest of those facts is that income inequality has actually increased during five years of Barack Obama's leftist policies. This is not...

    04/15/2014 5:58:37 AM PDT · by blam · 49 replies
    BI ^ | 4-15-2014 | Matthew Boesler
    CORE INFLATION UNEXPECTEDLY RISES Matthew BoeslerApril 15, 2014, 8:30 AM ÔÄÉ ÔÉĀ Ôāě Ôāô ÔÉē Inflation unexpectedly accelerated in March due to increased costs of food and shelter, according to just-released data from the U.S. Bureau of Labor Statistics. Both the headline consumer price index and the "core" price index (which excludes food and energy prices) advanced 0.2% in March from the previous month, ahead of consensus estimates for a 0.1% rise in both series, matching February's pace. The year-over-year change in the core index rose to 1.7% from 1.6%, while the year-over-year change in the headline index was boosted...
  • The Part Time Presidentís Part Time Jobs

    04/05/2014 6:48:50 AM PDT · by Kaslin · 14 replies ^ | April 5, 2014 | John Ransom
    ďHooray, hoorayĒ! they said in print. 192,000 jobs were created last month according to the Department of Laborís somewhat flawed mathematics that the media is eager to ignore. Because hidden inside that job gain is another disheartening sign for the workforce: the number of workers who could only find part-time jobs rose by 225,000. Leading the field in job creation, not surprisingly, was education and health services with 34,000 jobsóthank you Obamacare-- the retail trade with about 22,000 jobsóthank you Obamacare-- and temporary workers with 28,500 jobs óthank you Obamacare. So the good news is that if youíre independently...
  • The dirty little secret behind today's employment report

    04/04/2014 9:23:57 AM PDT · by cutty · 12 replies
    Yahoo ^ | APRIL 4, 2014 | Jeff Macke
    There's a dirty little secret buried in the monthly employment data. It's a secret so dark, so exquisitely threatening to the financial media industry that those who reveal it risk being expunged from the community like magicians revealing their tricks. The National Bureau of Labor Statistics reported that 192,000 jobs were added to the economy in March. The unemployment rate stayed flat at 6.7%. The participation rate rose to 63.2%. Now the dirty secret: none of that actually matters very much. 1.The number itself is simply impossible to measure with any accuracy ... 2.The unemployment rate is irrelevant. ... 3.No...
  • The Next Age of Invention: Technologyís future is brighter than pessimists allow

    03/31/2014 8:46:44 PM PDT · by 2ndDivisionVet · 25 replies
    City Journal ^ | Winter 2014 | Professor Joel Mokyr
    The statement ďeverything that could be invented has been inventedĒ is frequently misattributed to the late-nineteenth-century American patent commissioner Charles Holland Duell. The Economist once credited him with the remark, and sites such as ďkool kwotesĒ still reproduce it. In fact, Duell believed the opposite. ďIn my opinion,Ē he wrote at the turn of the century, ďall previous advances in the various lines of invention will appear totally insignificant when compared with those which the present century will witness. I almost wish that I might live my life over again to see the wonders which are at the threshold.Ē While...