Free Republic

As of September, we estimate about 1.98 million excess retirees.' But with unemployment below 4 percent for the longest time in 50 years, employers are feeling the pressure from a tight labor market and eyeing opportunities to tempt seniors back into the workforce. More than 2,500 businesses, including Bank of America, Microsoft and H&R Block have signed the AARP pledge to build an age-inclusive workforce with the number of new signatures more than doubling over the last year. Despite increasing eagerness from employers, the ship may have sailed for those who retire with just 3 percent getting a job in...

I can’t help it. Life really has been imitating “The Holy Grail” for the past couple of days. Suddenly, aggressive, radically pro-Palestinian protestors are scrambling like ki-niggets to run away, discarding their menacing faux-face garb and vicious anti-Israel rhetoric as they scurry off like rats. I am sure there are more than one pair of soiled drawers that now need laundering at the thought of jeopardizing, oh, say…that prized SIX FIGURE JOB offer in one’s pocket.... The blithering excuse-making and blatant prevarication is so patently ridiculous, it begs the question on its own – why would anyone hire these people?…Famed...

Alexandra Poolos, who was let go from the network last year, alleges the news outlet has a work culture defined by "sexism and misogyny" in which sexual misconduct and harassment by male colleagues went unaddressed.A producer on CBS’s 60 Minutes is suing the network for firing her after she was accused of harassment while turning a blind eye to “far more egregious misconduct” by male employees. The producer, Alexandra Poolos, says in a gender discrimination lawsuit filed against CBS on Tuesday in New York federal court that the company terminated her in violation of civil rights laws after she was...

Today’s jobs report brought good news for the American people. More jobs than expected were created in September, and even the July and August jobs numbers were revised up. How did market analysts react to this news? Well, I suppose you could say they had mixed views including its implications for the Federal Reserve's interest rate policy. Some analysts believe that the strong job growth and upward revisions to previous months' data suggest an over-heated labor market and increases the likelihood of a rate hike by year-end. They argue that this could put pressure on bond yields and lead to...

Governor Kathy Hochul today announced the State has identified more than 18,000 job openings with nearly 400 employers who are willing to hire migrants and asylum seekers who have attained legal work status in the United States. This announcement comes just one month after Governor Hochul directed the New York State Department of Labor to begin connecting businesses with job openings to migrants and asylum seekers who have attained legal work status. The Governor has focused on securing legal work status for migrants and asylum seekers, including successfully pressuring the federal government to grant Temporary Protected Status to individuals from...

Former President Bill Clinton agreed with New York Gov. Kathy Hochul Saturday, arguing that New York City’s "Right to Shelter Law" must be changed. "Gov. [Kathy] Hochul thinks it should be modified, and it probably should under the circumstances," Clinton told radio host John Catsimatidis on 77 WABC radio’s "The Cats Roundtable" show, as was flagged by the New York Post. "It’s broken. We need to fix it," Clinton said, adding that the law "doesn’t make any sense." The "Right to Shelter" has existed in New York City for over 40 years, and requires sheltering for the homeless. New York...

Face it. No one in Washington DC wants to close the border. Republicans supporting big agriculture support open borders and cheap labor, Democrats love open borders for political gains, despite open borders meaning a flood of migrants and depressing job prospects for native born Americans. Case in point. Under the leadership of Biden (more like a followship because Biden clearly isn’t in charge of anything), the native born labor force (blue line) grew by 3.6%. However, the foreign born labor force (red line) grew by 14.6%. The media focused on 1 million jobs lost for native-born and a gain of...

Another (economic report) bites the dust! U.S.-based employers announced 75,151 cuts in August, a 217% increase from the 23,697 cuts announced one month prior. It is 267% higher than the 20,485 cuts announced in the same month in 2022, As M2 Money growth collapses to Great Depression levels. Instead of The Dust Bowl, we can call this The Biden Bowl. This great meme can be replaced by “Our President is as cold as your ex’s heart.”

Lockdown-era graduates have had it bad enough, forced to study alone on Zoom during the pandemic rather than share the valuable coming-of-age university experience enjoyed by their parents. Now they’re about to find out the university diploma they paid a pretty penny for is no longer even in demand

The economic meltdown that is coming should not be a surprise to anyone. Throughout U.S. history, there have always been signs that a major downturn was coming, and that is precisely what we are witnessing right now. Tax revenues are way down, demand for trucking services is way down, demand for cardboard boxes is way down, the money supply is shrinking at the fastest pace in modern history, and the Conference Board’s index of leading economic indicators has already declined for 15 months in a row. At this point, anyone that cannot see what is coming has got to be...

In the United States, there were about 75 workers available for every 100 job openings as of July 2023. This means there is a significant gap between labor and jobs available, but also many opportunities present in some states for potential job seekers.In the map below, using data from the U.S. Chamber of Commerce, Visual Capitalist's Avery Koop and Bhabna Banerjee showcase the number of available workers per 100 job openings in each U.S. state.Note: Available workers are unemployed workers who are in the labor force but do not have a job, have looked for one in the previous four...

President Biden said Friday that the economy is continuing to grow despite Labor Department data released earlier in the day showing weaker-than-expected growth in the employment market. “Unemployment near a record low and the share of working-age Americans who have jobs at a 20-year high: that’s Bidenomics,” the president said in a statement. The report also found that unemployment dipped slightly to 3.5% last month from 3.6% in June and average hourly wages grew 4.4%, slower than last year. Mr. Biden‘s positive rhetoric on the economy followed the release of a relatively modest July jobs report, which showed that U.S....

A judge has reversed a decision from the University of Virginia Health System to fire a woman after she chose not to take the COVID vaccine and applied for a religious exemption. Virginia District Judge Claude V. Worrell ruled last week that the UVA Health System had wrongfully terminated Kaycee McCoy, a cytotechnologist there for more than ten years, according to court documents. “Because UVA acted in an arbitrary and capricious manner, this court reverses their decision to fire Plaintiff for failing to be vaccinated from Covid-19. They are hereby enjoined from preventing her employment on the basis of vaccination...

I received an email from a friend with a link to an article in Business Insider. The title of the article follows: "A shortage of accountants is pushing the industry to reboot its image to win over young talent: 'You have to sell them.'" The awfully long title is pretty much all the substance in the article. It lacks any real usefulness when it comes to asking what really caused this problem. If you do a search for "accountant shortage," you will find pages of these articles.My friend sent me the article because he knows that I earned my bachelor's...

The good news (if true)? ADP announced that 497k jobs were added in June. The bad news? A 497k print on jobs (many seasonal, it is summer!) almost guarantees that The FOMC (Fed Open Market Committe) will raises rates againt at the July meeting. The 2-year Treasury yield is up over 10 basis points. The 2-year Treasury yield is up 16.5 basis points. Bticoin Cash is up 10% today. I should have bought nickel! Why is Biden sending Treasury Secretary Janet “The Marxist Midget” Yellen to China? A Treasury Secretary and former Federal Reserve Chair? Likely trying to convince China...

A woman with 800 tattoos says she’s struggling to find gainful employment because bosses cast judgment on her inked-up appearance. Melissa Sloan, 46, who hails from Wales in the United Kingdom, previously had a job cleaning toilets but says she hasn’t been able to find a similar gig because of the art that adorns her face and body. “I can’t get a job,” Sloan bluntly told the Daily Star. “I applied for a job cleaning toilets where I live, and they won’t have me because of my tattoos. “People have said I have never had a job in my life,...

FReepers, a dear family member has been given 2 weeks notice. Anyone have a recommendation for a seriously good resume writer, who knows current lingo and style and has the ability to highlight skills without writing a novel? This person is greatly talented in many computer, tech, IT things but has some trouble sorting out his resume. I appreciate any suggestions you might have, whether it's a person or a program. Hoping to encourage him to get as many applications out in the next 2 weeks while he still has the job. Many thanks.

I’m a white writing professor, and apparently, that’s a problem. That was the unmistakable message sent to me at Penn State University – and that’s why I’m suing them. In November 2020 – nearly half a year after George Floyd’s murder – I was subjected to a “White Teachers Are a Problem” video for a monthly professional development meeting for writing faculty. Its featured speaker, Asao Inoue, is a self-described antiracist practitioner. Not an obscure one, either: About a year prior, Inoue gave the Chair’s Address at a prestigious writing studies research conference – the same field in which I...

The unemployment rate is continuing to hold close to its lowest level in 70 years, despite a slight uptick last month. This might seem like good news, but it has two groups of Americans deeply troubled. One is the business community, which counts on a surplus of available workers to keep wages down. The other, unfortunately, is mainstream economists—and the policy makers who listen to them. Federal Reserve Chair Jerome Powell has linked low unemployment to high inflation, publicly discussing the need to restore “balance” to the labor market—meaning increase unemployment and suppress wage growth—to tame consumer prices. A director...

The good news? The US economy added 253k jobs in April. The bad news? Last months jobs report of 236k jobs added was revised downwards to 165k jobs added. US average hourly earnings year-over-year (YoY) rose in April to 4.4%. Too bad core inflation at the last reading also rose to 5.6% YoY. Yes, Biden and his talking heads will talk about the 253k jobs added, but will ignore (of course) the huge downward revision of March’s jobs added. 236k revised downwards to a mere 165k.