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Keyword: jobs

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  • Watch: ISIS fighters destroy ancient sculptures in sledgehammer rampage

    02/26/2015 5:49:21 AM PST · by Wiz-Nerd · 27 replies
    Jerusalem Post ^ | 02/26/2015 | Reuters
    BAGHDAD - Islamic State militants in northern Iraq have destroyed a collection of statues and sculptures dating back thousands of years, according to a video published online in the name of the radical Islamist group. The video showed the statues, some identified as antiquities from Iraq's 7th century BC Assyrian era, being toppled, smashed and broken up by sledgehammer. A man shown in the video said they were being destroyed because they promoted idolatry. "The Prophet ordered us to get rid of statues and relics, and his companions did the same when they conquered countries after him," the unidentified man...
  • Jihadi John: 'Radicalised' by Britain (UPSIDE-DOWN! Sympathy for Poor Jihadi John!?)

    02/26/2015 7:37:42 AM PST · by Wiz-Nerd · 25 replies
    CAGE UK ^ | Thursday 26 February 2015 | CAGE UK
    Since 2001, the British authorities have systematically shifted the spotlight away from its foreign policy and its security agencies by placing blame for violence at home and abroad solely on Muslims. British security services have systematically engaged in the harassment of young Muslims, rendering their lives impossible and leaving them with no legal avenue to redress their situation. A Washington Post correspondent contacted CAGE regarding a story she was working on. CAGE Research Director, Asim Qureshi met with the journalist, where she inquired about the name Mohammad Emwazi. Qureshi went away with that information and checked CAGE’s files, revealing that...
  • U.S. Weekly Jobless Claims Jump More Than Expected To 313,000

    02/26/2015 6:41:32 AM PST · by SeekAndFind · 19 replies
    RTT News ^ | 02/26/2015
    First-time claims for U.S. unemployment benefits rose by much more than expected in the week ended February 21st, according to a report released by the Labor Department on Thursday. The report said initial jobless claims jumped to 313,000, an increase of 31,000 from the previous week's revised level of 282,000. Economists had expected jobless claims to edge up to 290,000 from the 283,000 originally reported for the previous week. The Labor Department said the less volatile four-week moving average also climbed to 294,500, an increase of 11,500 from the previous week's revised average of 283,000. With the increase, the four-week...
  • ISIS militant ‘Jihadi John’ unmasked as middle-class Brit

    02/26/2015 6:12:09 AM PST · by KeyLargo · 35 replies
    NY Post ^ | 2-26-2015 | Yaron Steinbuch
    ISIS militant ‘Jihadi John’ unmasked as middle-class Brit By Yaron Steinbuch February 26, 2015 | 7:16am The infamous masked ISIS madman seen in gruesome videos beheading Western hostages was identified by media outlets Thursday as Mohammed Emwazi — a middle-class Briton with a degree in computer programming. The BBC reported that the Kuwaiti-born Emwazi is in his mid-20s and from West London. British authorities chose not to identify him earlier for operational reasons. “I have no doubt that Mohammed is Jihadi John,” one of Emwazi’s close friends told the Washington Post. “He was like a brother to me. . . . I...
  • Christie and Walker take different paths on union issues

    02/25/2015 11:59:41 PM PST · by Cincinatus' Wife · 10 replies
    The State, South Carolina ^ | February 26, 2015 | Jill Covin and Scott Bauer in Madison,Steve Peoples in Washington, Michael Catalini in Trenton
    "You fight the good fight against Walker and he beats you," said Seth Markgraf, a 34-year-old construction worker from Arlington, Wisconsin. "They beat us in the recall and they beat us in another general election. It's just apathy. How do we beat Scott Walker?" TRENTON, N.J. — New Jersey's Chris Christie and Wisconsin's Scott Walker are getting ready to run for president, but they've still got day jobs as governors — and face another round in the ring with organized labor. For Christie, that means trying to reach a deal to fix New Jersey's underfunded pension system by working with...
  • Queen Elizabeth needs a new chauffeur - could it be you?

    02/25/2015 12:05:38 PM PST · by nascarnation · 35 replies
    Autoblog ^ | 2/25/2015 | Noah Joseph
    The listing on the official website of the British Monarchy specifies that the job in question – based at the Royal Mews at Buckingham Palace – entails working "as part of a busy and supportive team tasked with driving members of the Royal Family, Household officials, guests and official visitors." That means being around some highly distinguished individuals, for what it's worth, but also getting access to some very rare machinery, the likes of which most people will never get close to: namely, the Bentley State Limousine, a vehicle designed and crafted in Crewe, based on the Arnage, specifically for...
  • Activist: ISIS holds 150 Christian hostages, will threaten to kill them

    02/25/2015 11:09:05 AM PST · by NorthMountain · 21 replies
    CNN ^ | Wed February 25, 2015 | By Laura Smith-Spark and John Vause, CNN
    (CNN)ISIS is holding many more Assyrian Christians hostage than previously thought -- and it is reportedly planning to release a message Wednesday threatening to kill them. Osama Edward, founder of the Assyrian Human Rights Network, told CNN that the extremist group is now believed to have 150 hostages, citing the latest information from the network's team on the ground. Initial estimates put the number seized at between 70 and 100 people, among them women, children and the elderly. The video message will be directed to President Barack Obama and other members of the U.S.-led coalition against ISIS, Edward said from...
  • Exclusive — Scott Walker’s Son Matt Walker: ‘Those On The Left Are Afraid’ Of My Dad

    02/25/2015 5:29:54 AM PST · by Cincinatus' Wife · 3 replies
    Breitbart - Big Government ^ | February 25, 2015 | Matthew Boyle
    Matt Walker, son of Wisconsin Gov. Scott Walker tells Breitbart News in an exclusive interview that he thinks the institutional left is afraid of his father. In addition to attending Marquette University, Matt Walker is also currently the regional vice chairman of the midwest division of the College Republican National Committee (CRNC). [snip] A recent report from The Daily Caller detailed an extraordinary level of hateful rhetoric after University of Wisconsin-Madison College Republicans sent out a campus-wide email supporting Gov. Walker’s recent budget proposal. But liberals on the campus responded with such vitriol and hatred—rather than having a civil discourse...
  • About 2,000 rally against right-to-work in Wisconsin

    02/24/2015 12:27:56 PM PST · by Cincinatus' Wife · 31 replies
    Chicago Tribune ^ | February 24, 2015 | Tribune wire
    "..........The right-to-work debate comes in the wake of the 2011 fight over Walker's law that effectively ended collective bargaining for most public workers. That law also prohibited the automatic withdrawal of union dues for public workers, like the right-to-work measure would do in the private sector. Walker administration spokesman Cullen Werwie said between 1,800 and 2,000 people were inside and outside the Capitol at midday and there had been no arrests. After the rally, protesters filed into the Capitol rotunda and joined the ongoing hearing. While union members were vowing to fight the measure and try to sway Republicans to...
  • Alibaba founder Ma was rejected from 30 jobs, including KFC, before becoming richest man in China

    02/23/2015 2:27:00 PM PST · by 2ndDivisionVet · 12 replies
    Business Insider ^ | February 17, 2015 | Ashley Lutz
    Jack Ma is one of the most successful entrepreneurs in the world. His e-commerce company, Alibaba, attracts 100 million shoppers a day. Ma is worth an estimate $20.4 billion. But before he was the richest person in China, Ma went through a lot of rejection. In a recent interview with Charlie Rose, the businessman reveals that he failed a college entrance exam three times. Once he ruled out college, Ma applied for 30 different jobs and got rejected. "I went for a job with the police; they said, 'you're no good,'" Ma tells Rose. "I even went to KFC when...
  • ISIS IS MASSIVELY WEALTHY, DESPITE OBAMA’S CONTENTION POVERTY THE CAUSE OF TERRORISM

    02/21/2015 7:07:35 PM PST · by Jim Robinson · 39 replies
    Breitbart ^ | February 21, 2015 | By Wynton Hall
    Last week, President Barack Obama sparked outrage when he declared that the root cause of Islamic State (ISIS) terrorism is not radical Islam but poverty. “We have to address grievances terrorists exploit, including economic grievances,” said Obama. However, as terrorism experts explain, a vast percentage of Islamic terrorists come from middle-class backgrounds, wealthy families, or have impressive educational pedigrees. CNN’s national security analyst Peter Bergen says many of the world’s most notorious terrorists came from affluence and education: Osama bin Laden: son of a Saudi construction magnate who attended Saudi Arabia’s top high school and best university. Mohamed Atta: ringleader...
  • Top Ten Jobs for Jihadists

    02/21/2015 9:54:44 AM PST · by PROCON · 24 replies
    spectator.org ^ | Feb. 20, 2015 | Andrew B. Wilson
    How do we get rid of the scourge of “violent extremism” without taking direct and violent action against the perpetrators of the worst crimes against humanity in recent history? Often the best ideas come to us when we least expect them. Taking a break from the cares of high office, Barack Obama was shooting imaginary hoops in the Oval Office one day last week — doing fist pumps every time he “scored.” Suddenly, it occurred to him that he had to do something more than hitting short or medium-range jumpers; something more, even, than nailing three’s from beyond the arc....
  • What Scott Walker Actually Said (There was more to that dinner than Rudy Giuliani)

    02/21/2015 1:05:15 AM PST · by Cincinatus' Wife · 76 replies
    National Review Online ^ | February 20, 2015 | Larry Kudlow
    Yes, believe it or not, Wisconsin governor Scott Walker actually spoke at some length at the dinner this past week where Rudy Giuliani charged that President Obama doesn’t love America. All the hullabaloo went to Giuliani, but in terms of the Republican presidential race, a number of Scott Walker’s pointed comments about policy and politicians are not to be missed. First a word about the dinner itself, which was generously backed by John Catsimatidis. It was the second event sponsored by the Committee to Unleash American Prosperity, a new group founded by Arthur Laffer, Steve Moore, Steve Forbes, and myself....
  • A Nation of Truckers

    02/20/2015 6:29:18 PM PST · by aMorePerfectUnion · 29 replies
    Zero Hedge ^ | 2-20-15 | Jim Quinn
    Oh how the country has changed in the last 36 years. We were a nation of farmers, secretaries, and machine operators in 1978. The family farmer was still the backbone in the Northern Plains and Midwest. The internet didn’t exist, so letters needed to be typed, copies made, mail distributed, dictation taken, and coffee brewed. So every business was loaded with secretaries. The country still manufactured goods here in 1978. We sold them domestically and internationally. Globalization and NAFTA hadn’t become the buzz words of Ivy League educated MBA’s yet. [please see following graphics]
  • Obama dares Rand Paul to show up on the South Side of Chicago now - as he mocks GOP contender's...

    02/20/2015 4:58:29 PM PST · by Libloather · 38 replies
    Daily Mail ^ | 2/20/15 | Myriah Towner
    Obama dares Rand Paul to show up on the South Side of Chicago now - as he mocks GOP contender's claim that Republicans are 'the party of jobs and opportunity' As President Barack Obama hit out at Republicans who have criticized his economic policies, he singled out Republican Senator Rand Paul - who previously said income inequality has worsened under Obama's administration. During the Democratic National Committee's winter meeting today, Obama remarked on Paul's 2013 comment that the Republican party needs to show up on the South Side of Chicago and shout: 'We are the party of jobs and opportunity'....
  • Imam Obama pulling Brotherhoods’ leg with jihadist job offers

    02/20/2015 7:23:33 AM PST · by Sean_Anthony · 6 replies
    Canada Free Press ^ | 02/20/15 | Judi McLeod
    Stand in Line: The Mexicans got here first, and they're cheaper Forget City Hall, you cannot fight God and win. You cannot possibly fight the Creator and win because He, who made you in the first place, knows you inside out, and knows all too well the exact location of your Achilles Heel. Everyone, including even the most pompous of politicians, has an Achilles Heel. The truth is that no imam, no matter how persuasive, has ever been able to lead millions of Christians away from the Source of their belief. Imam Obama has embarked upon a mission impossible as...
  • As Oil Prices Tank, Firms Large And Small Feel The Pain

    02/20/2015 4:28:06 AM PST · by thackney · 15 replies
    FEBRUARY 19, 2015 | John Ydstie
    It's a painful time to be in the oil business. With the price of crude oil about half what it was six months ago, companies large and small are being pressured to cut costs. On the front lines are oil services companies that do everything from drilling to providing electrical power at well sites. Hundreds of thousands of jobs are threatened as companies try to adjust. Gary Evans, CEO of the oil and gas company Magnum Hunter Resources, has a tough message for the people who provide critical services to companies like his: "We've got to lower our cost," he...
  • New Data Show How Firms Like Infosys and Tata Abuse the H-1B Program

    02/19/2015 4:46:21 PM PST · by bushwon · 48 replies
    Outsourcing by the THOUSANDS The outsourcing companies involved in the Southern California Edison (SCE) scandal I wrote about last week—where U.S. workers were replaced with H-1B guestworkers—are Infosys and Tata Consultancy Services. These two India-based IT firms specialize in outsourcing and offshoring, are major publicly traded companies with a combined market value of about $115 billion, and are the top two H-1B employers in the United States. In Fiscal Year (FY) 2013, H-1B petitions government, and Tata ranked second with 6,193. As with the SCE scandal, these leading offshore outsourcing firms use the H-1B program to replace American workers and...
  • Scott Walker Embraced by Voodoo Economists

    02/19/2015 11:20:31 AM PST · by Cincinatus' Wife · 38 replies
    New Yorker ^ | February 19, 2015 | Jonathon Chait
    "......The more significant development was Scott Walker’s semi-public confab with the leading lights, such as they are, of supply-side economics. Last night, the Wisconsin governor attended a dinner in New York hosted by Stephen Moore, Arthur Laffer, and Lawrence Kudlow. This is a strong indication of the policy leanings of a candidate who probably stands as strong a chance as anybody of capturing the nomination. The backdrop to Walker’s meeting is that the Republican Party is undergoing the first serious effort to alter its domestic policy in a quarter century....... This has left a gaping void for a Republican candidate...
  • Jobs for Jihadists

    02/19/2015 8:55:39 AM PST · by Sean_Anthony · 11 replies
    Canada Free Press ^ | 02/19/15 | Judi McLeod
    Obama’s strategy for Islamic terrorism: Marxists and radical Muslims go together like camels and deserts. They’re now the nightmarish frick and frack of the 21st century. With the shock of YouTubes still going the rounds showing the ISIS beheading of 21 Coptic Christians on a beach in Libya, Barack Obama is taking the Muslim Brotherhood under his protective wing, these poor wretches only need to be given jobs and be shown tolerance by citizens who just don’t understand their righteous grievances. While the Mediterranean Sea runs red with the blood of Coptic Christians, in Libya for jobs in the first...
  • Scott Walker to attend private dinner with supply-siders in New York

    02/19/2015 4:40:01 AM PST · by Cincinatus' Wife · 14 replies
    Washington Post ^ | February 18, 2015 | Robert Costa
    Wisconsin Gov. Scott Walker is scheduled to attend a private dinner Wednesday with longtime advocates of supply-side economics. The gathering, set for the upscale “21” Club in Manhattan, is the latest effort by the potential Republican presidential contender to bolster his relationships with the GOP’s anti-tax wing. It also reflects the interest business-friendly conservatives have in his possible candidacy, in spite of the recent ascent of former Florida governor Jeb Bush. Economists Larry Kudlow, Arthur Laffer, and Stephen Moore will host Walker, according to several people with knowledge of the event. For decades, that trio of friends — all associated...
  • This is what Republican governance looks like: Illinois Gov. Bruce Rauner’s frightening agenda

    02/19/2015 12:33:26 AM PST · by Cincinatus' Wife · 33 replies
    Salon ^ | February 18, 2015 | Luke Brinker
    Amid depressed turnout and pent-up frustration with the Springfield status quo, Illinois voters last November ousted Democratic Gov. Pat Quinn, awarding billionaire venture capitalist Bruce Rauner a five-point victory. The five weeks since Rauner took office as Illinois’ first Republican governor in a dozen years have offered a vivid illustration of the truism that elections have consequences — consequences that will be paid disproportionately by the state’s poor, working class, and middle-income citizens. Rauner fired the opening salvo in his war on workers earlier this month, issuing an executive order that allows public employees to opt out of paying fees...
  • White House Touts Jobs for Jihadists

    02/18/2015 1:36:43 PM PST · by george76 · 24 replies
    Radix News ^ | February 18, 2015 | Michelle Malkin
    At the White House Summit on Extremism That Shall Remain Unspecified Because Violent Followers Belonging To Unnamed Extremist Movement Might Take Extreme Offense And Act Extremely, the feds are touting a groundbreaking new strategy to fight terrorists. Just kidding. It’s actually the same old futile strategy that big-government liberals use to cure everything: mo’ money, mo’ money, mo’ money. ... Muslim jihadists chopped off the heads of 21 Egyptian Coptic Christians in Libya this weekend. Muslim jihadists launched deadly shooting sprees in Copenhagen at a cartoonists free-speech event and a synagogue. Muslim jihadists murdered Jews at a kosher deli in...
  • State Department spokeswoman: Call for using jobs to combat terror ‘too nuanced’ for critics

    02/18/2015 8:51:28 AM PST · by servo1969 · 74 replies
    FoxNews.com ^ | 2-18-2014 | FoxNews.com
    State Department spokeswoman Marie Harf, after coming under fire for suggesting a way to fight the Islamic State and all terrorism is by creating jobs, has an answer for her critics: Her argument is just "too nuanced" for them to understand. Harf, in TV interviews Tuesday night, stood by her original remarks and said she was speaking about a comprehensive approach to combating "extremism." Harf said that means airstrikes in the short-term, and going after "root causes" like poor economic conditions in the long-term. "Longer term, we cannot kill every terrorist around the world, nor should we try," Harf said...
  • What Does ISIS Want? The Same AS You and Me???

    02/18/2015 7:19:55 AM PST · by NOBO2012 · 11 replies
    Michelle Obama's Mirror ^ | 2-18-2015 | MOTUS
      “We cannot kill our way out of this war. We need in the medium to longer term to go after the root causes that leads people to join these groups, whether it’s lack of opportunity for jobs…” So you see, ISIS wants – in no particular order – exactly  what Americans want: Good jobs and a living wage ($15/hour) Because every vote counts Free community college tuition Because somebody has to flip burgers for $15/hour (and every vote counts) Common sense gun control Who can’t support common sense measures? An end to the Republicans’ War on Women Except it’s...
  • Why Does Income Inequality Exist? An Economic and Biblical Explanation

    02/17/2015 4:11:41 PM PST · by SoFloFreeper · 15 replies
    The Bible speaks at length about our uniqueness. We are created in God’s image and are matchless, just like a snowflake. We are also commanded to use our unique combination of skills and abilities to glorify God and serve others. Our unique skills allow us to make a special contribution to the world we live in, not just in the church or on the mission field, but through our work. Because we are uniquely created, we are endowed by Christ with a specific set of gifts. We can further the Kingdom of Christ by knowing our gifts and pursuing them...
  • Report shows coal’s big role in northwest Colorado

    02/17/2015 7:30:43 AM PST · by george76 · 7 replies
    Grand Junction Sentinel ^ | February 16, 2015 | Dennis Webb
    Coal is a small part of Colorado’s economy as a whole, but nearly half of the statewide industry is based in far northwest Colorado, where it helps boost average household income higher than the average for the state as a whole. ... While coal mining directly accounts for 4.6 percent of the region’s total employees, at 1,545 jobs, it makes up more than 17 percent of the region’s total economic output, says the report, by Broomfield economist Gary Horvath. Another 571 people are directly employed in the region’s electrical power generation industry, which is supplied by locally generated coal, and...
  • Engineering Giant Rolls-Royce Is Being Hit By The Oil Price Plunge

    02/13/2015 10:24:31 AM PST · by thackney · 16 replies
    Oil Pro ^ | 2/13/2015 | Marlon Savois
    The oil price plunge and global economic uncertainty have forced engineering giant Rolls-Royce to cut its profit forecasts again. Last year, the company issued two profit warnings. The company reported Friday that its underlying revenue fell in 2014 for the first time in a decade, as customers, oil and gas companies, cut back on spending amid the price plunge. The world's second-largest aero-engine company pledged to take concrete actions to restore credibility as it reported an 8% fall in underlying pre-tax profits for 2014- the first such decline in over a decade. The company said that the plunge in oil...
  • Kemp: Mass Layoffs Complicate Oil Industry's Long-Term Plans

    02/13/2015 10:19:19 AM PST · by thackney
    Reuters via Rig Zone ^ | February 13, 2015 | John Kemp
    "This is the really crappy part of the job, and this is what I hate about this industry frankly," the chief executive of oilfield services company Baker Hughes complained as he announced it would lay off 7,000 employees.... More than 100,000 layoffs have been announced across the industry worldwide since prices began to slide last summer, according to a tally kept by Bloomberg.... Oil and gas production is an exceptionally capital-intensive industry. But the sector's most important and scarce resource is its workforce. The oil industry's popular image may be a roughneck in soiled overalls drinking in a strip joint,...
  • Attention, San Fran Nan: Government Dependency Kills Jobs

    02/13/2015 4:22:20 AM PST · by Kaslin · 3 replies
    Townhall.com ^ | February 13, 2015 | Michelle Malkin
    Being a San Francisco liberal means never having to say you're sorry. Or wrong. Take Nancy Pelosi, please. Five years ago, California's genius Bay Area Democrat declared that government unemployment checks generate job growth. Yes, really. "Let me say about unemployment insurance," she told reporters, "this is one of the biggest stimuluses (sic) to our economy. Economists will tell you, this money is spent quickly. It injects demand into the economy and is job creating." She babbled on: "It creates jobs faster than almost any other initiative you can name, because, again, it is money that is needed for families...
  • Why They Fear Scott Walker

    02/12/2015 12:58:55 PM PST · by Cincinatus' Wife · 56 replies
    Commentary Magazine ^ | February 12, 2015 | Seth Mandel
    As I write this, the No. 1 “most read” story on the Washington Post’s website is its investigation into the college years of Scott Walker, headlined: “As Scott Walker mulls White House bid, questions linger over college exit.” Most of the time, you don’t need to read such a story to know what it’s about: for Republicans, every silly comment or stunt in their teenage years is in the public interest, and for Democrats the same investigative practice is racist, racist, racist. (Though in 2016 it will be sexist, sexist, sexist.) But there is one aspect of this story that...
  • Moody's Say's cheaper Oil WILL NOT boost global growth...

    02/12/2015 10:25:53 AM PST · by alexmark1917 · 25 replies
    Moody's Say's Cheaper Oil WILL NOT Boost Global Growth... What have I been saying all along... Someone should tell the morons at CNBC... Lower oil prices will fail to give a "significant boost" to global growth in the next two years, Moody's has said. The ratings agency said any boost from cheaper oil would be offset by the eurozone's economic woes as well as slowdowns in China, Japan and Russia. As a result, Moody's said it would not be revising its growth forecasts for the G20 countries. "For the G20 economies, we expect GDP growth of just under 3% each...
  • Michigan hosts virtual career fair Feb. 11 (Today, 10AM to 4PM)

    02/11/2015 8:40:13 AM PST · by 2ndDivisionVet · 8 replies
    WDIV-TV ^ | February 3, 2015
    Job seekers and Michigan employers can connect with each other through a state-sponsored virtual career fair on Wednesday, Feb. 11, from 10 a.m. to 4 p.m. Pure Michigan Talent Connect’sMiVirtualCareerFairs bring together Michigan employers and talent from across the state and the globe in an online, virtual environment. Since 2012 more than 189 employers and 27,063 job seekers have been connected through the state’s fourteen sponsored events. With assistance from the Michigan Works! System and event partner Capital Area Michigan Works!, 345 jobs with 50 Michigan employers in varying industries will be featured in the February event, making it the...
  • Economic Optimism Index Dives Among Middle Class: Poll

    02/10/2015 7:34:22 AM PST · by IBD editorial writer · 12 replies
    Investor's Business Daily ^ | 02/10/2015 | John Merline
    Just weeks after President Obama proclaimed that America had turned the corner and his "middle class economics" was working, the public is more pessimistic than they've been in months, and few think Obama's policies have significantly helped the middle class, the latest IBD/TIPP poll finds.
  • Pell Grants don’t help Career-Oriented Students

    02/09/2015 11:33:07 AM PST · by Academiadotorg · 25 replies
    Accuracy in Academia ^ | February 5, 2015 | Spencer Irvine
    Pell grants are a lifeline for many American students, costing billions of taxpayer dollars, but what do we have to show for it? A policy paper by the American Enterprise Institute’s Kevin James points out that Pell grants do not help students looking to transition to a career field. James noted that “almost one-third of Pell Grant dollars are going to students pursuing career education,” or in other words, students who are going into technical fields and blue-collar jobs. Overall, as a different study from the New America Foundation noted, 42% of Pell Grant recipients are seeking a two-year associate’s...
  • Should Higher Education Be About the Search for Knowledge or the Search for a Job?

    02/09/2015 2:30:30 AM PST · by Cincinatus' Wife · 51 replies
    Ogden on Politics ^ | February 8, 2015 | Paul K. Ogden
    One of hazards of early morning blogging is that it allows later-in-the-day bloggers to write unfettered responses to those articles. Today, my friend Sheila Kennedy, sparks an interesting and much-needed debate over the purpose of higher education, an article posted both on her own blog and on IBJ's INForefront. I feel compelled to respond. In the column, Kennedy quotes sources reporting that Republican Wisconsin Governor Scott Walker had wanted to insert language in the budget stating the [University of Wisconsin's] mission was “to meet the state’s workforce needs.” He wanted to remove language saying UW’s mission is to “extend knowledge...
  • Why It's Time to Bring Manufacturing Back Home to the U.S.

    02/07/2015 5:52:17 PM PST · by 2ndDivisionVet · 168 replies
    Forbes ^ | February 2, 2015 | Thomas Roemer
    In the last decade, we’ve lost millions of manufacturing jobs to outsourcing. According to U.S. News and World Report, there are now 5.1 million fewer American manufacturing jobs than in 2001. The lure of low wages, tax advantages, and other cost savings has made for a seemingly straightforward calculus, and manufacturer after manufacturer, supported by intricate spreadsheets, has abandoned ship, until offshoring has become the emerging mantra of the new millennium. U.S. companies that still manufactured locally have slowly become outliers. Interestingly, this dynamic now seems to be changing, as we’re beginning to see more manufacturing in the U.S. Total...
  • The Jobs Report Isn't Worthy of the Praise It's Getting

    02/06/2015 12:52:39 PM PST · by IBD editorial writer · 10 replies
    Investor's Business Daily ^ | 02/06/2015 | John Merline
    "Jobs report crushes it." "The streak continues." "It's raining jobs!" "That's great news." "This is a great jobs report across the board." From the tone of these headlines, and many others like them, you'd think the economy added a million jobs last month, instead of 257,000.
  • Oil services job cuts reach 25,000

    02/06/2015 7:57:35 AM PST · by thackney · 25 replies
    Houston Chronicle ^ | February 5, 2015 | Collin Eaton
    Another 8,000 oil jobs are about to evaporate, a major oil-tool supplier said Thursday, deepening the industry's wounds even as U.S. crude has regained some ground from its steep price slump. Weatherford International's 15 percent job cut brings the tally of layoffs by the world's four biggest oil field services companies to 25,000 in recent weeks - a bigger number in a shorter time than in oil downturns of the past. More are expected if oil remains cheap at $50 a barrel. Weatherford CEO Bernard Duroc-Danner promised investors that the company, incorporated in Ireland with its main U.S. offices in...
  • Only 44 Percent of U.S. Adults Work 30 Hours a Week or More with a Regular Paycheck

    02/04/2015 8:22:44 PM PST · by george76 · 19 replies
    National Review ^ | February 4, 2015 | Jim Geraghty
    It’s not every day you see you see the chairman and CEO of the Gallup polling organization come out and declare the official unemployment rate number is extremely misleading, or, as the headline suggests, “a big lie”: ... There’s another reason why the official rate is misleading. Say you’re an out-of-work engineer or healthcare worker or construction worker or retail manager: If you perform a minimum of one hour of work in a week and are paid at least $20 — maybe someone pays you to mow their lawn — you’re not officially counted as unemployed in the much-reported 5.6%....
  • 257,000 jobs added in Jan.; unemployment rate ticks up to 5.7%

    02/06/2015 5:45:22 AM PST · by SoFloFreeper · 26 replies
    Boston Globe ^ | 2/6/15 | Christopher S. Rugaber
    .....The unemployment rate rose to 5.7 percent from 5.6 percent. But that’s not necessarily a bad thing. More Americans began looking for jobs, though not all found work. Their job hunting suggests they are more confident about their prospects.
  • U.S. Adds 257,000 Jobs in January, Wages Still a Concern

    02/06/2015 5:42:37 AM PST · by mykroar · 14 replies
    FoxBusiness.com ^ | 2/6/15 | Dunstan Prial
    The unemployment rate was 5.7%, according to figures released Friday by the U.S. Labor Department, slightly higher than the December rate as more Americans re-entered the work force. Economists had predicted 234,000 new jobs last month and that the unemployment rate would hold steady at 5.6%. Average hourly earnings for all employees on private nonfarm payrolls rose by 0.5% in January, a turnaround from December, when wages fell by 5 cents to $24.57. Over the past 12 months, average hourly earnings have risen by just 1.7%, well below the 3% rate economists say is healthy. The labor force participation rate...
  • Siemens to Cut 7,800 Jobs

    02/06/2015 4:50:05 AM PST · by thackney · 5 replies
    Wall Street Journal ^ | Feb. 6, 2015 | NEETHA MAHADEVAN and ARCHIBALD PREUSCHAT
    Siemens AG on Friday said it would cut more than 2% of its workforce around the world as part of an aggressive plan to overhaul the business. The company will trim 7,800 jobs globally, of which 3,300 are expected in Germany, after the management and labor council met Thursday. The job cuts will be mainly among administrative and overhead employees, Siemens said. The staff reductions, which will be completed within two years, will cost Siemens in mid- to high-three-digit range in millions of euros, a person familiar with the matter told The Wall Street Journal. The cost includes previously announced...
  • After 2 historic months of jobs growth, Illinois still lagging

    02/05/2015 8:17:17 PM PST · by george76 · 8 replies
    Illinois Policy ^ | February 3 2015 | Michael Lucci
    Illinois still lays claim to the worst recession recovery in the nation. According to the BLS household survey, there are still 216,000 fewer Illinoisans working than when the Great Recession began, the worst of any state and one of only 22 states that still have fewer people working than when the recession started. .... The business-establishment survey for the 2008-2014 period shows 114,000 fewer payroll jobs in Illinois than when the recession began, the second-worst record of any state, and one of only 15 states yet to break even on the recession. Only New Jersey is down more payroll jobs....
  • RadioShack Files for Chapter 11 Bankruptcy Protection

    02/05/2015 3:02:05 PM PST · by Zakeet · 12 replies
    Fox News ^ | February 5, 2015
    Electronics retailer RadioShack Corp filed for Chapter 11 bankruptcy protection and said shareholder Standard General LP would buy 1,500 to 2,400 of its stores. RadioShack listed assets of $1.2 billion and liabilities of $1.39 billion in its bankruptcy petition in a Delaware court.
  • Gallup CEO: Number of Full-Time Jobs as Percent of Population Is Lowest It’s Ever Been (Video)

    02/05/2015 11:06:33 AM PST · by Beave Meister · 18 replies
    The Gateway Pundit ^ | 2/5/2015 | Jim Hoft
    Gallup CEO and Chairman Jim Clifton doubled-down on his comments earlier in the week on the misleading Obama unemployment rate. Obama says the unemployment rate is 5.6% which is very misleading. Clifton went on America’s Newsroom today to explain the misleading government numbers. “The number of full-time jobs, and that’s what everybody wants, as a percent of the total population, is the lowest it’s ever been… The other thing that is very misleading about that number is the more people that drop out, the better the number gets. In the recession we lost 13 million jobs. Only 3 million have...
  • Gallup condemns Obama's unemployment numbers as a blatant 'lie'‏

    02/04/2015 4:48:29 PM PST · by aquapub · 25 replies
    Conservative Examiner ^ | February 4, 2015 | Robert Moon
    Gallup CEO Jim Clifton denounced the White House and the news media on Tuesday for wildly misinforming the public on the current unemployment numbers. According to the report, Obama's overtly dishonest and partisan Labor Department has once again published "extremely misleading" figures that deliberately misrepresent the nation's unemployment rate as significantly better off than they are...
  • ADP Says U.S. Private Sector Added 213,000 Jobs In January

    02/04/2015 9:42:40 AM PST · by SeekAndFind · 16 replies
    Forbes ^ | 02/04/2015
    Out Wednesday, ADP’s January National Employment Report shows private payrolls adding 213,000 jobs in the first month of 2015. The January figure was somewhat lower than the 220,000 economists had been anticipating, however, the payroll provider hiked its November and December readings comfortably. ADP now says 274,000 jobs were added in November up from 227,000 and that 253,000 jobs were added in December from 241,000. In a press release ADP chief Carlos Rodriguez noted that January’s gains were in line with the 12-month average of over 200,000 jobs added. Moody’s Analytics Chief Economist Mark Zandi added, “Employment posted another solid...
  • GALLUP: "The Big Lie: 5.6% Unemployment"

    02/03/2015 10:10:41 AM PST · by Reverend Saltine · 44 replies
    Gallup.com ^ | February 3, 2015 | Jim Clifton
    Here's something that many Americans -- including some of the smartest and most educated among us -- don't know: The official unemployment rate, as reported by the U.S. Department of Labor, is extremely misleading. Right now, we're hearing much celebrating from the media, the White House and Wall Street about how unemployment is "down" to 5.6%. The cheerleading for this number is deafening. The media loves a comeback story, the White House wants to score political points and Wall Street would like you to stay in the market. None of them will tell you this: If you, a family member...
  • Huff Post Panics Over "Anti-American" Profits

    02/03/2015 9:33:37 AM PST · by Kaslin · 17 replies
    Townhall.com ^ | February 3, 2015 | Michael Schaus
    The Huffington Post is beside itself with indignant rage over companies moving their headquarters overseas to avoid paying the highest corporate income tax in the industrialized world. Feeling that Secretary Jack Lew was onto something when he accused companies of being economic traitors for reducing their tax burden, the HuffPo let loose a string of economic illiterate ramblings about the indecency of corporate profits.…the drug firm Mylan stomped on the Stars and Stripes as it ditched America for the Netherlands. Then, the drug company AbbVie similarly renounced America. For 30 pieces of silver, it will become Irish. Medical device maker...