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A friend recently called to tell me he had been laid off from a company where he worked for more than a decade. He’s 60 years old and not ready to retire, either financially or emotionally. He is, however, prepared for the reality of the situation. He recognizes that he has a tough road ahead. He knows he probably won’t ever earn the salary he had. And even for a much lower-paying job, he’ll be competing with people half his age. Need proof of that? A GAO report in 2012, the most recent available, said unemployed workers 55 and older...

All employees or just visa carriers. It would seem that all employers should by law be checking their ow is it that so many illegal aliens can get AV job. I welcome a clear answer Thanks!

The monthly employment report is always funny - but not in a ha, ha, ha sort of way. It's peculiar/funny. It's stupid/funny. It's "aren’t the 'experts' embarrassed yet about how wrong they usually are"/funny. The Labor Department announced Friday that a healthy 242,000 new jobs were created in February, while the unemployment rate stayed at 4.9 percent. The consensus among the experts had been for a gain of 180,000 to 190,000 new jobs, which means they were more than 30 percent off the mark. I mentioned in my Thursday column that there was a good chance this report would be...

Friends who own resort hotels dependent on high season occupancy on the West Coast tell me the same story over and over...Locals 'pretend' to apply for a job, so that they can check the 'Job Search' box on their unemployment requirement. They call by phone, hang up and are no shows for interviews. Or, they show up stoned. Or, they only want to work enough hours so that they don't 'ruin' their benefits....they actually say this. This is just the tip of the iceberg of the issue at hand. They 'pretend' to look for work, while the Employment Office 'pretends'...

  The most extensive theft of our cash has been imposed by our own Federal Government. The politically motivated and seemingly endless printing of dollars has reduced the value of our cash. With a rapidly ascending National debt already stepping over the $19 trillion mark, an economy visibly slowing having been in a depression since 2007, real unemployment increasing and unemployment duration at historical highs fundamentally changing the Nation, America is sagging under wage deflation. We can thank reckless self-serving senior bankers, politicians and overstepping government for leading the country down a trail toward destruction. We function in an...

Democratic Gov. Earl Ray Tomblin has vetoed legislation to make West Virginia the 26th right-to-work state, but was quickly overridden by the Republican legislature. For bills that don't deal with budgetary matters or appropriations, a simple majority is needed to override a veto. The state senate had already done so. And the State House of Delegates was expected to follow suit, given that there are 64 Republican members. The law goes into effect July 1 (via Metro News ): The House of Delegates and state Senate made quick work of Gov. Earl Ray Tomblin's vetoes on the bills that...

With the Fed on the verge of a full relent and admission of policy error, the Fed's "data (in)dependent" monetary policy once again takes on secondary relevance as we progress into 2016. However, even with the overall job picture far less important, one aspect of the US jobs market is certain to take on an unprecedented importance. We first laid out what that is last September when we said that "the one chart that matters more than ever, has little to nothing to do with the Fed's monetary policy, but everything to do with the November 2016 presidential elections...

President Barack Obama on Friday used a new jobs report to continue his victory lap on the economy - and jab at the Republicans vying for his job. In brief remarks to reporters at the White House, Obama declared the U.S. has "the strongest, most durable economy in the world." He pointed to signs of wage and income growth, job growth, lower oil prices and increasing numbers of Americans with health insurance as evidence of that claim.

The legions of young voters who are flocking to Bernie Sanders' socialist banner is depressing. It is the latest manifestation of the dumbing down of the next generation of voters who really believe in the Vermont senator's dopey remedies for a persistently weak economy that barely grew in the last three months of 2015 by a 0.7 percent. "The U.S. economy slowed to a crawl," The Washington Post declared at the end of last month, "exposing new weaknesses in the nation's long and sluggish recovery." Sanders' ideological solution: get rid of the billionaires, all 536 of them, by taxing their...

s POSTED 9:43 AM, JANUARY 26, 2016, BY TRIBUNE MEDIA WIRE, UPDATED AT 09:44AM, A Florida man quit his job at Burger King, then he cleared out his locker and a whole lot more. Before leaving, the man scooped up every last chicken nugget in the freezer and took them all home. The man, whose Twitter handle is @Zealot, tweeted a picture of the stolen nuggets. He wrote: "TODAY WAS MY LAST DAY WORKING AT BURGER KING SO I TOOK ALL OF THEIR NUGGETS, F*** IT." The tweet has since gone viral. His friends are now hailing him as "The...

It's a good thing Trump wants to rebuild our manufacturing base, because it truly has taken a hit. We've turned from a nation of builders to burger flippers. To put in perspective just how bad things have gotten - there were more Americans employed in manufacturing in the months leading up to Pearl Harbor than there are today, despite the fact that the population then was a fraction of what it is today. In that time, there was 1 person employed in manufacturing for every 10.6 people in the overall population compared to 1 person employed in government for every...

Secretary-General Ban Ki-moon's spokesman said Wednesday that projections for rising global unemployment over the next two years are "alarming" and the U.N. chief will keep pushing for job opportunities, especially for youth. The comments from deputy spokesman Farhan Haq were in response to a new report from the U.N. labor agency projecting that the number of unemployed people will increase by nearly 2.3 million in 2016 and 1.1 million in 2017 as a result of the global economic slowdown last year. Haq said Ban has been raising the need for new jobs in discussions with business leaders and others at...

Every time I pass a construction site here in Coastal South Carolina, I wonder how the contractors manage to employ a labor force that consists almost entirely of illegal aliens. The only language spoken at theses sites is Spanish and my experience as a prosecutor tells me that the people employed there are almost all illegal and do not have Social Security Numbers. How are contractors able to employ these workers? Are they all paid under the table? Does no one inspect job sites? Is there some loophole in the law that allows the employers to avoid record-keeping and tax...

Getting a job takes longer than ever, as employers ask more of candidates. It has never been easy to land a job, but a rise in hiring has added a new twist: Employers are taking nearly twice as long to hire people as they did several years ago. Companies need an average of 23 days to screen and hire new employees, up from 13 days in 2010, says Andrew Chamberlain, chief economist at the jobs and recruiting site Glassdoor, based on a study of nearly 350,000 interview reviews by the site's users. Applicants run a gantlet of multiple interviews not...

Employment: We've been hearing for months now about the snapback in payroll jobs that has helped push the unemployment rate down to 5%. A new report, however, suggests that this widely used number isn't believable. The report, "America's Hidden Weakness," from Express Employment Professionals, suggests that a large number of workers who are capable of working but don't have a job have completely given up on looking... What's most worrisome is that this report suggests there's a fundamental problem with the U.S. job market, one we've never faced before. "The labor force participation rate has continued to shrink, even in...

Bulletin Headline Summary From Bloomberg and RanSquawk Amid the fresh downturn in risk sentiment, there is one standout move to highlight this morning; the USD/CAD ramp through 1.4400 and 1.4500 WTI and Brent are below USD 30/bbl, with analysts noting that the UN are expected to approve the removal of Iranian trade sanctions as soon as Monday Highlights today include US retail sales, PPI final demand, empire manufacturing, industrial production, business inventories and University of Michigan sentiment as well as Fed's Dudley, Williams and Kaplan Treasuries gain as global stocks plunge led by China, crude at 12-year low; 10Y has...

The U.S. added 292,000 jobs in December, the Labor Department said Friday, well ahead of expectations. With October and November payrolls revised up by 50,000, the average monthly gain in the fourth quarter was 284,000. Warm weather and a rebound from weak hiring in August and September helped boost Q4 job gains, but the underlying trend also is solid, economists said. For all of 2015, the U.S. added 2.65 million jobs, down from 2014's 3.12 million but still the second-best since 1999. Robust hiring will keep the focus on when the Federal Reserve will hike interest rates next. That may...

".....[Donald Trump's] detractors will no doubt see his China-bashing as another example of Trumpian buffoonery. Most students of U.S.-China trade will tell you that both countries benefit from the flow of goods and services across the Pacific, and that although China is guilty of imposing nontariff barriers, subsidizing its exporters in violation of global trade rules, and failing to respect the intellectual property rights of U.S. entities, the pros for American investors, workers, and consumers massively outweigh the cons. There is a problem with that view, however....[snip]......Of all the wackadoo ironies of Trump's emergence as tribune of America's white working...

But nothing compares to the latest farce released recently by the Bureau of Labor Statistics, the same guys whom we caught fabricating jobs data back in September 2013. As everyone knows, one of the biggest question marks surrounding the US labor market is the 95 million of Americans not in the labor force, resulting in the lowest labor force participation rate since the mid-1970s... For Americans between the ages of 20 and 24, the share of those sidelined over the past decade because they were in school increased, unsurprisingly, during the decade that included the Great Recession. What's more unusual...

MOULTRIE, Georgia - "All you black American people, *uck you all ... just go to the office and pick up your check," the supervisor at Hamilton Growers told workers during a mass layoff in June 2009. The following season, according to a lawsuit filed by the Equal Employment Opportunity Commission, about 80 workers, many of them black, were simply told: "All you Americans are fired." Year after year, Hamilton Growers, which has supplied squash, cucumbers, and other produce to Wal-Mart and the Green Giant brand, hired scores of Americans, only to cast off many of them within weeks, according to...